For small to mid-sized businesses, access to working capital is crucial for maintaining day-to-day operations, funding growth initiatives, and managing unexpected expenses. However, securing the right amount of working capital can be a complex and challenging process. In this blog post, we'll explore the common obstacles businesses face when seeking working capital, and provide actionable […]
So far, we've talked about a lot of great things. And most recently, we focused on cash and the importance of forecasting (fore-cash-ting). We talked about how a 13-Week Rolling Cash Forecast is a phenomenal tool that can be leveraged to help manage liquidity expectations. But, a rolling cash forecast? How do you build it? […]
Business 101: The Golden Rule - Cash is King. We know this, right? Regardless of a company's revenue or net income, cash is the lifeblood of an organization. Having sufficient cash on hand is essential for both survival and success. At the most basic level, we can't pay our bills without it. But beyond that, […]
Securing investment can be a transformative step for your business, providing the capital needed to scale operations, enter new markets, or innovate new products. However, attracting the right investors requires more than just a good idea; your business must be optimized to appeal to potential investors, demonstrating that it’s a sound and profitable opportunity. In […]
Why Your Balance Sheet Deserves Attention I get it. You might not want to talk about your Balance Sheet. It's not incredibly exciting. And it's not what people typically want to talk to you about. They usually just want to talk about your Revenue. Maybe your margin. If they're really sophisticated, maybe they want to […]
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 […]
