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...
Strategy Archives - CFOShare
What does a CFO do with CAC and LTV?
Customer Acquisition Costs and Customer Lifetime Value may be marketing KPIs, But CFO’s use these metrics in their everyday work. CAC and CLV (aka LTV) are essential components...
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...
The Biden Tax Hikes for Small businesses
Last March, I published an article reviewing the small business impact of the then-leaked Biden Tax Reform proposal. This week House Democrats released their summary proposal to the...
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,...
How Biden’s tax reforms affect your small business
Information about tax changes the Biden administration is considering leaked yesterday, creating some big headlines in media. “First major tax hike since 1993” according to Bloomberg. As a...
Entrepreneurial lessons from $GME and r/Wallstreetbets
Have you been watching r/Wallstreetbets? At CFOshare, my team is excessively entertained by what’s happening with $GME. The $GME short squeeze was unprecedented in financial history, so what...
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...
How to Compare Budget vs Actual
A small business budget is not much use if you do not compare it against actual performance. This classic method of evaluating performance stands as one of the...
How to Create a Business Budget
We all know we should build a budget – after all, a budget is one of the four essential forecasting tools and a cornerstone of financial planning. But...