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,...
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 involves understanding the sources and uses of cash from different activities of a company. You do not need to be a CFO to...
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,...
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...
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...
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...
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...
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...
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...