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,...
Blog
How to Grow Your Business During a Recession
While the rest of the economy is feeling a constriction, adopt an expansionary mindset instead. Other businesses are going to be looking to be on the defensive and...
When should I apply for PPP loan forgiveness?
The question is on many small business owners’ minds. Rules for the PPP have changed frequently since its inception, so planning has been a moving target. A smart...
Do You Have an Exit Strategy?
If the answer is “no,” you are rolling the dice on your largest paycheck! Building company value through marketing, organizational development, R&D, and business development are vitally important;...
Understanding Bank Workouts- What Does This Mean for Me?
My bank recently told me they were transferring my loan account to their “Special Assets” group. My friend told me that this means I am in “work out”,...
How Does Working From Home Benefit a Company?
We are all experiencing a disruption in our “normal” routines and this includes going into the office. Tech giants like Google announced that their employees may work from...
How to Apply for PPP Loan Forgiveness – Executive Summary
Congratulations, you have secured a PPP loan and entered the 8-week period leading up to loan forgiveness. The SBA released guidelines Friday 5/15 on how to apply for...
Audit fears quelled as SBA releases new PPP safe harbor guidance.
The SBA released new guidance stating all PPP loans under $2M will automatically qualify for the notorious “loan necessity certification”, a clause that has never been clearly defined....
What is the difference between a Controller and a CFO?
Savvy business decisions based on solid financial data is the key to success. As a small business owner, you may be handling your own bookkeeping and accounting duties,...
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...