INSIGHTS & ARTICLES
Explore some of the most recent articles by our CFOs.
FEATURED ARTICLE
From Burn Rate to Boom: How to Stretch Every Dollar in a Startup
Running a startup comes with the high-stakes challenge of managing your burn rate—the pace at which your company spends cash. Each dollar isn’t just an expense; it’s an investment in your company’s future. With venture capital not always guaranteed and economic...
RECENT INSIGHTS & ARTICLES
The Art of Letting Go: A Guide to Selling a Business
Selling a business can be one of the most transformative and emotionally charged decisions an entrepreneur will ever make. Whether you’ve been building it for years or inherited it from family, your business likely holds significant personal value. Deciding to let go...
The Outsourced Controller: A Secret Weapon for Financial Stability
As unsung heroes of financial management, outsourced controllers can bring significant benefits that go well beyond basic bookkeeping.
Beyond the Numbers: Uncovering Hidden Insights in Internal Audits
When it comes to internal financial audits, numbers often take center stage. Financial ratios, variances, and performance metrics are all essential, but true value lies in the insights hidden behind these figures. These insights can reveal much more than compliance or...
Year-End Closing Chaos? How to Turn Dread into Done!
Does the phrase "year-end closing" send chills down your spine? You’re not alone! For many business owners, accountants, and financial teams, this crucial time of year is riddled with challenges and stress. However, with the right strategies in place, the chaos of the...
Stand Out or Fade Away: Develop a Winning Brand Identity
To truly thrive, a company must stand out from the crowd and create a lasting impression on customers. But how exactly do you make your offerings distinctive in a sea of competition?
Are You Ready for the New 401(k) Law?
The SECURE 2.0 Act, effective starting in 2025, is a massive piece of legislation that makes over 90 changes to retirement plan and tax regulations. Among other things, the Secure 2.0 Act brings several important changes to 401(k) retirement plans. This new law...
Maximize Your Return on Invested Capital
ROIC measures how efficiently a company uses its capital to generate profits. It answers the fundamental question: “Are we getting the best possible returns for the capital we’ve invested in the business?”
How Ignorance of HR Laws Can Destroy Your Business
The stakes are high for business owners who neglect HR laws. The financial and reputational damage from a lawsuit can be irreparable.
Funding Under the Radar: Little-Known Tactics to Raise Business Capital
Raising business capital is one of the most critical challenges entrepreneurs face when starting or expanding a business. Traditional methods like bank loans, venture capital, and personal savings are well-known, but they often come with significant hurdles or...
From Pitch to Funding: Effective Strategies for Private Capital Raising
Raising private capital is an essential process for any business looking to scale, whether it's a startup or a mature company seeking to expand. This is especially true in times when banks and other financial institutions are less willing to loan money to small...
Par for the Course? Financial Issues and Opportunities for Golf Course Owners
Golf has long been associated with luxury, exclusivity, and a sense of tradition. The perfectly manicured greens, the sophisticated clubs, and the allure of the sport itself have made golf a favorite pastime for many. However, behind this polished exterior lies a...
Driving Financial Sucess: Smart Moves for Car Dealerships to Boost Profitability
In today's rapidly evolving automotive industry, car dealerships face a unique set of obstacles and opportunities. From the shift toward electric vehicles to the rise of online car sales to the influx of cars from China and Latin America, the changes and challenges...
Sustainable Finance: Integrating Environmental and Social Factors into Financial Decision-making
Introduction Sustainable finance is no longer a buzzword—it's a transformative force reshaping the financial landscape. By integrating environmental and social factors into financial decision-making, companies and investors alike are taking steps to ensure a more...
Overcoming Financial Challenges in the Hospitality Industry
By adopting proactive financial management strategies, leveraging technology, and diversifying revenue streams, businesses in the hospitality industry can build resilience and improve their chances of long-term success.
Employee Financial Education Programs for Enhanced Financial Literacy
Introduction In today's fast-paced and financially complex world, understanding personal and corporate finance is more important than ever. Many employees struggle with managing their personal finances, leading to stress and uncertainty. Employers have a unique...
Exit Strategies for Business Owners
Selling, Merging, or Passing the Torch Introduction Exiting a business is a significant milestone in the life of an entrepreneur. Whether you're considering selling the company, merging with another enterprise, or passing the family business to the next generation,...
Working Capital Management
Working capital, often described as the lifeblood of a business, refers to the funds a company uses to manage its day-to-day operations. It’s what businesses rely on to purchase inventory, pay employees, and finance short-term operations. Proper working capital...
Ten Important Accounting Changes in 2024
In 2024, several accounting practices and processes have evolved to adapt to technological advancements and changing regulatory landscapes. These accounting changes and updates are designed to enhance accuracy, efficiency, and compliance in financial reporting. They...
Assertiveness Training for Recruiters
Having spent over 30 years as an HR professional, I’ve seen firsthand the critical role recruiters play in sourcing and selecting top candidates. My experience spans roles such as head of Talent Acquisition for a Fortune 500 company, leading HR for divisions with over...
Get Your Financials in Order Before Applying for a Small Business Loan
This guide will walk you through the essential steps to prepare your finances, ensuring that you present a strong case to lenders, and increasing your chances of approval.
What Does a Chief Financial Officer Do?
Introduction A Chief Financial Officer, or CFO, is a senior executive responsible for managing the financial actions of a company. The CFO's duties include tracking cash flow, financial planning, analyzing the company's financial strengths and weaknesses, and...
