Transforming Data into Decisions: The Power of Actionable Financial Statements
You can’t blame the small business owner for rolling their eyes when their accountant says they want to review their monthly financial statements. As a fractional…
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Why Net Promoter Score (NPS) Matters for Small Businesses: Insights from an Outsourced CFO
Quick answer: Net Promoter Score isn’t just a marketing metric — it’s a financial one. Loyal, happy customers lower your acquisition costs and raise lifetime value,…
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The Three Largest Negative Impacts on Cash Burn
Managing cash flow effectively is not just a good practice, it’s a necessity for the survival and growth of any business. According to a study by…
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From the CFOs Desk: Articulating Value in Franchise Sales
It’s a common practice for franchisors to overlook their CFO’s potential in sales. However, it’s crucial to consider their unique expertise. After all, a franchise’s sales…
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Navigating Item 19: Strategies for Boosting Your Franchise Sales
There’s an old adage that the worst presentation is the one that’s never given. This seems to be a mantra many franchisors apply to the presenting…
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Small Business Accounting in 2024: Outsourcing and Tech Strategies to Beat the Shortage
In the rapidly evolving landscape of small business entrepreneurship, a concerning trend around the accounting profession has emerged. The lack of accounting talent available signals potential…
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Maximizing Value in Your Finance Department: Cost-Effective Strategies for Small Business Owners
We live in a world where every dollar counts. Small business owners grapple with the dilemma of balancing cost-effective finance and accounting solutions with the need…
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AI In Accounting and Finance
In the dynamic world of small business, the emergence of AI within accounting and finance could revolutionize how owners manage and strategize financial operations. As a…
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Keys To Succesful Franchise Coaching
Quick answer: the franchise coaching that actually moves the needle focuses on two things — helping franchisees sell more and manage cash better — backed by…
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Selling Franchisees Isn’t the Golden Ticket but Coaching Is
Most franchisors come to learn that they don’t make money from selling franchises. After selling and training costs are deducted from the initial franchise fee, there…
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Setting Standards: Business Models vs. Budgets vs. Forecasting
As an outsourced CFO serving 12-15 different businesses, I’ve delved deep into the realm of budgeting and forecasting. Over time, I’ve come to believe that traditional…
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Mid-Year Financial Goals Check: Reviewing Budget vs Actual
Just about every business has goals, whether they’re informal targets or the product of a more formal plan. But just as important as setting the right…
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