Why Hiring a Part-Time Bookkeeper Is Vital for Your Business
For businesses with revenues ranging from $2 million to $10 million, upgrading from an admin to a part-time bookkeeper can be a pivotal decision that transforms financial processes,...
Blog - CFOShare
Interpreting the Income Statement and Cash Flows
The cash flow statement and the income statement are closely intertwined but measure different aspects of a company’s financial performance. Understanding the complex relationship between the two yields...
Interpreting the Cash Flow Statement – a Quick Guide
Interpreting the cash flow statement involves understanding the sources and uses of cash from different activities of a company. You do not need to be a CFO to...
Interpreting the Income Statement – a Quick Guide
Small business owners do not have time to deeply dissect financial statements. Luckily, interpreting the income statement requires just a simple analysis of its key elements: Revenue, COGS,...
Key Performance Indicators (KPIs) Explained
In today’s dynamic business world, Key Performance Indicators (KPIs) are vital for gauging success and pursuing the business growth strategy. They provide essential metrics to assess an organization’s...
Transitioning from In-House to an Outsourced CFO
Whether you’re climbing Kilimanjaro or Denali, a seasoned guide makes the difference between a successful summit and an ill-fated expedition. The same holds true when navigating the challenging...
The AI CFO: Understanding the impact of AI on the role of CFOs
As artificial intelligence (AI) continues to reshape industries, it will have a profound impact on the role of Chief Financial Officers (CFOs). The integration of AI in finance...
The Biggest Challenge Facing Accounts Payable
Have you ever been in an organization where bills are everywhere, vendors are irritated by late payments, the staff is drowning in paperwork, and you have a sinking...
3 Financial Issues Small Businesses Face
Small businesses face continuous financial challenges. Some challenges are good (e.g., how do we achieve revenue optimization?), while others are difficult (how do we find money for unforeseen...
Is A Fractional CFO Worth It?
Small business owners who have never worked with a good fractional CFO may wonder whether they are worth the expense. Having the right team at the right time...