Hiring In-house for accounting and bookkeeping
It’s always cheaper to do it yourself than pay someone else, right? Unfortunately, accounting processes are more complex than fixing your truck, and while many businesses benefit from...
Blog - Page 2 of 13 - CFOShare
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...
Will new IRS funding increase small business audits?
The recently passed Inflation Reduction Act includes $80B in new IRS funding over the next ten years, earmarked for increased tax enforcement, technology investments, customer service, and other...
What business does well in a recession?
Who’s afraid of the big bad recession? Unless you live under a rock, you have heard economists and business leaders talk about the potential recession – or possibly...
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...
How do I clean up my financial statements?
Do your profits and cash flows make no sense? Is your balance sheet littered with negative numbers and old, incorrect figures? You are not alone: every growing business...
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...