Resources
Guide to Fractional CFO Services
CFO’s Small Business Financial Report Guide
Articles
What to Expect from your Virtual CFO
Check Out The Video An Introduction Starting and keeping a small business afloat is no small task. In most cases, you may lack experience in the financial and strategic processes involved in running a business. This can have you thinking you need a large accounting department to run things smoothly, but that’s not the case.
How Easily Analyzing your Business Model Drives Strategy
Most business owners underestimate the importance of understanding the economics of their business model. In the same vein, most overestimate the number of factors that impact their model. When an entrepreneur understands their business model, they can truly start to implement impactful business strategy. This conversation can get more complicated for businesses with excess of
Four Forecasting Tips for Small Business Owners
Clients engage a fractional CFO for several reasons. The one I hear the most is wanting to get a better idea of what their future cash flow will be. Many times, I am talking to them after they have done an extensive Google search of how to exactly determine that. While forecasting is the answer,
What Netflix Can Teach Small Business Owners
In college, my two favorite classes were Business Cases and Financial Cases. We would get one week to dissect a large business and determine an optimal path forward for a situation they would find themselves in. I loved this because larger businesses offer a massive amount of data typically not available for small businesses. During
How To Identify and Address Supply Chain Issues in 2022
For the first time, “supply chain” has entered our collective vocabulary. Lots of people are discussing supply chain disruptions not just in boardrooms but also in their living rooms. While the global disruptions in supply chains are not pleasant or convenient, they may be a blessing in disguise, as they give us the vocabulary to
Determining Financial Feasibility For Your Small Business
So you want to set out on your small business adventure. Where do you start? Do you start by buying supplies or prototypes? Do you start by collecting a list of investors who can kick-start the project? No! Your first step should be to make sure your potential business model will be financially feasible. Only
10 Ways A Pricing Strategy Advisor Can Benefit Your Business Right Now
Pricing a product or service is perhaps one of the most critical decisions a business owner will ever make. However, very few business owners have the background to feel comfortable with these skills. When you started your business, you had a vision. This vision probably included the size of the company you wanted, the type
The Best Approach For Conducting Market Research
No matter your background, market research is key to any successful business venture. Today starting a business is easier then it has ever been. Nevertheless, those looking for long-term success must have a sound approach to information gathering. Maybe you are fresh out of business school, maybe you are a retiree who finally has the
Sales Process Pipeline KPIs: A Complete List of Sales Process KPIs
Whether you are the leader of a large sales team or a small business owner with a sales team of one, it can be a helpless feeling not working if the sales process is working properly. Properly setting up sales KPIs can help a business owner determine if there are issues in their sales process.
Financial Dashboards and Scorecards for Small Business Owners
How far would you get into a road trip without your speedometer, gas gauge, map, or GPS? Likely not very far. So why are you still running your small business without a financial dashboard? I am not the first person to equate the financial dashboard to the dashboard of a car, but it is a
The CFO’s Approved Small Business Financial Report Template
Serious About Your Small Businesses Finances? You’ve come to the right place, with our CFO Approved Small Business Financial Report Template you get an in-depth review and explanation of all the important financial metrics for your business. Whether you’ve been running a business for a couple years or a couple of decades allow our certified
Why Bookkeeping Fails – Enhanced Bookkeeping is the Future
As a successful small business owner, you understand that business ownership can be frustrating at times. There is too little time in the day and too many responsibilities that need to be handled for business owners. Often the responsibility of keeping bookkeeping and accounting is what pushes to the bottom of the list. Worse, taking