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Category: Grow Your Business

driving profitability
CFO Services

Driving Profit

You’re a business owner. You naturally want to have a growing and successful venture. To do so, you need to transform it into a money-making machine. Just like all machines, your business has a primary purpose—to make money. After all, that’s really what it all comes down to. We can have all the passion in the world; we can have a great product or service, but if the business is not making money, it will not survive. But the opposite is also true—if it can make money, you’ll have a financially successful business that you own, instead of owning a high-demanding, low-paying job.

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CFO Services

Driving Revenue

You’re a business owner. You naturally want to have a growing and successful venture. To do so, you need to transform it into a money-making machine. Just like all machines, your business has a primary purpose—to make money. After all, that’s really what it all comes down to. We can have all the passion in the world; we can have a great product or service, but if the business is not making money, it will not survive. But the opposite is also true—if it can make money, you’ll have a financially successful business that you own, instead of owning a high-demanding, low-paying job.

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CFO Services

The CFO’s Role in a Down Economy

With all the turbulence in the economy over the past several years, there have been increasing discussions about our impending down economy. Experts are seeing us head toward (or already in) a period of economic contraction or decline. After all, down economies are typically marked by various negative indicators, including reduced economic growth, decreased consumer spending, rising unemployment rates, a decline in business activity, and rapidly declining stock markets, and aren’t we seeing much of that already? The end result, unfortunately, is often associated with an economic recession.

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Photo by Scott Graham on Unsplash
CFO Services

Financial Roles – Putting the Pieces Together

It’s fairly apparent to most business owners that we are no longer in an economy where we can fly by the seat of our pants. The days of coasting are over (but really, never should have begun in the first place). There is simply too much volatility in the economy today, forcing business owners to take a new approach. Yet, financial uncertainty and doubt plague many of them.

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CFO services
CFO Services

Five Ways CFOs Transform Businesses

We talked last month about the traditional functions of a Chief Financial Officer (CFO); namely, tracking revenue, profit, and cash flow, analyzing financial strengths and weaknesses, and proposing corrective actions. These functions allow the CEO to better understand how to increase revenue, decrease costs, and become more profitable overall.

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CFO
CFO Services

Five Challenges Signaling the Need for an Outsourced CFO

We talked last month about the traditional functions of a Chief Financial Officer (CFO); namely, tracking revenue, profit, and cash flow, analyzing financial strengths and weaknesses, and proposing corrective actions. These functions allow the CEO to better understand how to increase revenue, decrease costs, and become more profitable overall.

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CFOs and collaboration
CFO Services

Collaboration: What CFOs Need Most

Many people have a fairly good understanding of the traditional functions of a CFO. And those valuable functions remain the same whether we’re talking about the CFO of a Fortune 500 company or the CFO of a small business. Essentially, CFOs (1) track revenue, profit, and cash flow, (2) analyze financial strengths and weaknesses, and (3) propose corrective actions.

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Collaborating with CFOs
CPA

The Business Benefits of Financial Literacy

Despite its importance, many Americans lack the financial literacy required to properly handle personal finances. This disparity leaves them defenseless against the challenges that will inevitably arise over time. And there’s no doubt that these challenges can lead to long-lasting, damaging results.

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love your business
Grow Your Business

Fall Back in Love with Your Business

It’s February. We can’t help but envision long-stemmed red roses, heart-shaped boxes filled with delicious chocolates, and, above all else, love. But when we think of love, it doesn’t necessarily have to be limited to the people who are most important in our lives. How about remembering what we believe in? Or what inspires us? How about falling back in love with our business?

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best year yet
Accounting

Your Best Year Yet

Somehow, it’s the end of January already. As you close the month and look ahead, are you finding yourself prepared and organized for the next eleven months or just getting by day by day? If you’re in the latter group, it’s time for a reminder about the importance of budgeting and forecasting to make sure 2022 is your best year yet. After all, without a roadmap, how will you know how to reach your destination?

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