Why Your Balance Sheet Deserves Attention We get it. The Balance Sheet isn’t the most thrilling topic. It’s not what clients or colleagues usually ask about. Everyone wants to talk about revenue. Maybe margins. If they’re really financially savvy, they’ll dig into your full P&L (and no, it’s not "PNL"). And that makes sense. It’s […]
In the fast-paced world of business, where every decision can make or break your company's future, strategic planning is your roadmap to success. Whether you're a small business just starting out or a mid-sized company looking to scale, having a well-crafted strategic plan is essential to navigate challenges, seize opportunities, and achieve your long-term goals. In […]
Wait, what?! Fractional CFOs have expectations for their clients?!?! Why, yes. Yes, we do. Fractional CFOs typically expect a collaborative and well-prepared environment from their clients to effectively fulfill their roles. Here are some common expectations that Fractional CFOs may have of their clients: Clear Business Goals and Objectives Fractional CFOs expect clients to have […]
The duration for which you engage a fractional CFO can vary and depends on the specific needs and circumstances of your business. Fractional CFO engagements are often flexible, and the arrangement can be tailored to meet the requirements of your company. Here are some common scenarios: Project-Based Engagement You might hire a fractional CFO for […]
In the world of business, uncertainty is the only certainty. While growth and success are often the primary focus, it’s essential for small to mid-sized businesses to prepare for the unexpected. Whether it's an economic downturn, a natural disaster, supply chain disruptions, or a sudden loss of key personnel, unforeseen events can have a significant impact on your […]
Your Fractional CFO should be highly skilled, experienced, and knowledgeable in a wide range of business topics. Their expertise should allow them to navigate complex financial challenges, provide strategic guidance, and contribute significantly to the financial well-being of your business. Most Fractional CFOs provide a wide range of financial services and strategic guidance, with engagements […]
No, they're not. While they do share a common role as financial experts providing part-time or project-based CFO services, there are often significant variations in their backgrounds, expertise, industry knowledge, and approaches to financial management. Here are some factors that can contribute to the differences among fractional CFOs: Industry Specialization Fractional CFOs often specialize in […]
In 2022, Americans started more than five million new businesses, the second highest number ever! Not terribly surprising, though, as our culture so highly values entrepreneurship, with many in hot pursuit of the “American Dream”. As an entrepreneur, you are a visionary - charting your own path in the marketplace. Of course you're brilliant. And […]
When you start a new business, initially, it’s up to you to wear all the hats. From baseball cap to cowboy hat, or - from sales, operations, and customer relations to financial planning and everything in between - all business decisions are yours to make. But as your company grows, you’ll need to build your […]
The Evolving Role of the CFO: Beyond Numbers and Budgets CFO. Chief Financial Officer. Not widely popular, as many folks still think of the stereotypical CFO. The "traditional" CFO, who had a very narrow view in their role as a financial expert. Someone who focused solely on the financial aspects of the organization. Relegated to […]
