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Outsourced Tax Accounting Services Ensure Compliance and Savings

CFO Plans

Yet, many businesses struggle with the complexities of accounting, often leading to costly mistakes and missed opportunities. Discover how outsourcing accounting services can improve your financial health , enabling businesses to focus on growth while ensuring their financial health is in expert hands.

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5 Reasons Why You Need A SaaS CFO

Michigan CFO

This is when it’s time to turn to a SaaS CFO. For most SaaS businesses looking at seed or series A funding, a SaaS CFO may seem like an out-of-reach luxury. Aren’t CFOs supposed to be for big businesses? With fractional and virtual CFO services, your SaaS business can hire a CFO part time for a fraction of the cost.

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3 Financial Issues Small Businesses Face

CFO Share

At our fractional CFO firm , we believe there are three primary financial issues that small businesses face: Planning growth through uncertainty. Growth planning through uncertainty Business owners struggle to forecast new business growth due to uncertainty. Develop a cash flow management plan to improve the runway.

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Small Business CFO's: Do You Need One?

Boston Startup CFO

I’m not an expert in anything related to accounting, so I reached out to one of my networks to get people I could have do these functions. So I hired a part-time accountant who sent a part-time bookkeeper every week to do our books. So I hired a part-time accountant who sent a part-time bookkeeper every week to do our books.

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The 4 Keys to Building a 100% Remote Bookkeeping Practice

The CFO College

For many bookkeepers and accountants, working remotely is a reality that has breathed energy back into the passion they feel for their work and their life. At CFO Bookkeeper, we use “VIP” to refer to “Valuable Expert, Instructor, Participant.” Your understanding of these keys begins here.

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Create a cash flow friendly business

Creative CFP

It all comes down to proper cash planning. Careful planning is essential. Customers are not paying on time In this day and age with fantastic cloud-based accounting technology, cash flow management is an easy problem to solve. Start by opening a separate bank account , for the purpose to save for tax payments.

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Surviving the pandemic aftermath: an FP&A perspective

Future CFO

Forecasting will also become more challenging because COVID-19 has introduced a lot of uncertainties. The truth of the matter is that COVID-19 is exposing gaps in current financial planning across the region. A lot of FP&A depends on this type of data for forecasting. But they will face immense challenges from the onset.