Why Net Promoter Score (NPS) Matters for Small Businesses: Insights from an Outsourced CFO
Several years ago, while running my own business, I developed a small obsession with the Net Promoter Score metric. This metric, developed by experts at Harvard…
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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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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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Advantages of Financial Planning and Forecasting
Financial planning and forecasting play a crucial role in the success and growth of any business. By utilizing these strategic tools, businesses can gain valuable insights…
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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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How to Implement Business Tax Planning Strategies Year Round
Implementing effective business tax planning strategies is crucial for any company, but leaving tax planning until the end of the year can create stress and cause…
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Using Agile Methods in Small Business Finance and Accounting
In May of 2022 I attended a CFO conference put on by the American Institute of Certified Public Accountants. As is often the case, there are…
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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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<strong>What to Expect from your Virtual CFO</strong>
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…
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The Best Approach For Conducting Market Research<strong></strong>
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…
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Dashboard for Small Business: Financial Scorecards for 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…
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Why Bookkeeping Fails – Forecasting: The Future Is More Important Than the Past
For many small business owners, accounting can be intimidating. Many owners are strong with numbers and record keeping, but few are financial professionals. Concepts like enhanced…
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