A rolling 12-month forecast projects financial performance over a 12-month time horizon using the “add/drop” approach to forecasting. Unlike a budget or calendar...
Blog - CFOShare
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”...
Does My Business Debt Need Restructuring?
Most small businesses need some form of debt to function efficiently (with a few exceptions, such as venture-backed software companies.) Proper levels of...
Understanding Small Business Taxes in 2021
It is a new year and new set of small business taxes. This year will be particularly complex as provisions from the CARES...
Employee Retention Credit Changes
Changes are coming to give your small business up to $28,000 for each employee! As of 3/8/21, the latest stimulus legislation pending approval...
New PPP Loan Calculations for Sole Proprietors
If you are a sole proprietor, independent contractor, or single-owner LLC, you have a lot more PPP money coming your way. Yesterday the...
What is Cost Accounting?
Cost accounting is the specialized discipline of managerial accounting focused on timing and attributing costs accurately. Although the concept of cost accounting is...
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...
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...
How to Calculate Sales Forecast for a New Business
Projecting sales is the most important and challenging piece of forecasting, especially for new businesses with little to no historic data. Many small...