How does inflation affect my business?
January inflation was 7.5% – the highest rate in over 30 years! While most businesses bemoan the impact of high inflation, savvy Entrepreneurs can leverage the environment to...
Downturn Management Archives - CFOShare
Top 5 Small Business Inflation Strategies
Every day in the news you can read about inflation fears: supply shortages, price increases, stock prices tumbling… And while big papers talk about the NASDAQ and CPI,...
Wall Street Bets, GME, and the risk of a Retail Bro-pocolypse
The circus of wall street seems a far-ways away from most small business concerns – but are you aware of how this stewing financial crisis may affect your...
PPP Round 2 Guidance Released by SBA
The SBA has released their PPP guidance around the new stimulus legislation passed on December 27th, 2020. This guidance includes interpretations of changes to forgiveness as well as...
What Is A Business Turnaround?
A business turnaround is the process of executing survival measures, identifying strategic improvements, executing corrections, and moving back into a growth trajectory. If your small business is facing...
Energize Colorado Grant and Loan Gap Fund
Energize Colorado announced a limited supply Gap fund, offering $20,000 grants and $15,000 loans to Colorado small businesses adversely affected by Covid-19. The loan fund will prioritize issuance...
How Do You Measure the Success of a CFO?
As the person in charge of your company’s financial health, the chief financial officer (CFO) is vitally important. But how can you measure their effectiveness? In this article,...
Outsourced Finance Manager: What Is It and Do You Need One?
A finance manager is often the most experienced financial professional in a small business. Their responsibilities include overseeing company finances (cash, debt, collections, and payments,) preparing statements and...
What Do I Do if my Business Runs Out of Cash?
First, take a deep breath. Exhale. Do it again. Count 6 things in the room around you: computer, a glass of water, my bookkeeper looking panicked… Once you...
When Should I Lay Off Employees?
Laying off employees is one of the hardest decisions a small business owner makes. With the great uncertainty of how social distancing will affect the economy and business...