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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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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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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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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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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Accounting Software to Save Small Business Owner Time
In today’s fast-paced business world, time is of the essence. For small business owners, managing accounting tasks can be time-consuming and overwhelming. However, with the right…
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The Cash Cushion Sweet Spot: The Right Amount of Cash Reserves for Your Small Business
Determining the Right Cash Reserves for Your Small Business: Insights from a CFO Running out of cash can spell disaster for a business. But hoarding too…
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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…
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<strong>What Netflix Can Teach Small Business Owners</strong>
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…
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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…
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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…
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