In small business, year-end financial preparations can feel like a tightrope walk. The stress of ensuring accurate records, timely tax filing, and smooth...
Blog - CFOShare
Why Hiring a Part-Time Bookkeeper Is Vital for Your Business
For businesses with revenues ranging from $2 million to $10 million, upgrading from an admin to a part-time bookkeeper can be a pivotal...
Interpreting the Income Statement and Cash Flows
The cash flow statement and the income statement are closely intertwined but measure different aspects of a company’s financial performance. Understanding the complex...
Interpreting the Cash Flow Statement – a Quick Guide
Interpreting the cash flow statement involves understanding the sources and uses of cash from different activities of a company. You do not need...
Interpreting the Income Statement – a Quick Guide
Small business owners do not have time to deeply dissect financial statements. Luckily, interpreting the income statement requires just a simple analysis of...
Key Performance Indicators (KPIs) Explained
In today’s dynamic business world, Key Performance Indicators (KPIs) are vital for gauging success and pursuing the business growth strategy. They provide essential...
Transitioning from In-House to an Outsourced CFO
Whether you’re climbing Kilimanjaro or Denali, a seasoned guide makes the difference between a successful summit and an ill-fated expedition. The same holds...
The AI CFO: Understanding the impact of AI on the role of CFOs
As artificial intelligence (AI) continues to reshape industries, it will have a profound impact on the role of Chief Financial Officers (CFOs). The...
The Biggest Challenge Facing Accounts Payable
Have you ever been in an organization where bills are everywhere, vendors are irritated by late payments, the staff is drowning in paperwork,...
3 Financial Issues Small Businesses Face
Small businesses face continuous financial challenges. Some challenges are good (e.g., how do we achieve revenue optimization?), while others are difficult (how do...