How to Reduce Operating Costs
You might be short on cash, facing a demand reduction, or uncertain about future demand. The classic business playbook says these are good times to reduce operating costs....
Strategy Archives - CFOShare
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...
Benefits of a Fractional CFO in a recession
The threat of a recession in 2023 could make you reluctant to take on new contractor expenses but engaging a Fractional CFO should be one major exception. You...
How to run a successful loss leader strategy
The Wall Street Journal recently reported that Costco has not raised the price of its $1.50 hot dog special since 1985 and has no plans to even in...
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 do I refinance my business debt?
Is your company profitable but wasting money on high debt payments? Do you owe multiple lenders in a complex array of repayment terms? Do you spend time every...
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...