What is the Colorado Secure Savings Plan?
In 2020, Colorado passed a law mandating small business owners to enroll in a state-run retirement savings plan. The pilot program launches in October 2022 and compliance is...
Posts by: Chelsie Kugler, Author at CFOShare
What is a pro forma balance sheet?
A pro forma balance sheet is a key component in your pro forma, your 5 to 7-year projection. It lists out your future assets, liabilities, and stockholders’ equity...
What is the difference between price analysis & cost analysis?
Are you selling a new product or perhaps increasing the price of a current product? Are you curious if you should make the investment into a new storefront...
How Much Equity Should a Business Give Away?
Equity- the stake you or someone else has in a business. Having equity in a company means you have the incentive to see it grow and succeed. Whether...
What is Quality of Earnings?
Thinking of buying or selling a business? A Quality of Earnings report drills into the details of the business’ financial statements and cash flows. A Quality of Earnings...
Why Outsource Financial Services Rather Than Hire-In-House
You are likely already outsourcing some of your financial needs and not even realizing it. Does a CPA firm file your taxes? If so, you are already outsourcing...
Sales Tax for CBD
As cannabis business, you want to know, are CBD products taxable? The answer: yes. Since the 2018 South Dakota vs Wayfair, Inc ruling, the tax code declares that...
The Benefits of Hiring a Fractional CFO for Cannabis Business
A report by the Cannabis Business Times found the top three business related challenges to the industry were competition/declining prices, compliance, and financial management. How do you tackle...
What increased tax enforcement means to small business owners
President Biden’s “American Families Plan” is scheduled to be funded in part by an estimated $700 billion in additional tax enforcement over the coming decade. In his first...
How do I find an Angel Investor?
It is very common for a small business to need an infusion of capital at some stage of development. Other than wealthy family members and friends, how do...