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What to Expect When You Hire an Outsourced CFO

CFO Share

What to Expect When You Hire an Outsourced CFO The thought of hiring an outsourced Chief Financial Officer (CFO) has been on your mind, perhaps driven by stalled growth and advice from your mentors. Yet, hesitation shadows your resolve, fueled by fears of wasted money, loss of control, and dependency on a seemingly detached contractor.

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Discovering The Tax Implications of Nonprofits Owning For-Profit Businesses

The Charity CFO

Does your nonprofit have ownership of a for-profit entity? Whether your organization owns a for-profit company outright or has limited ownership, a for-profit subsidiary can have serious tax implications for your nonprofit. Nonprofits with excess holdings may face an excise tax on the value of shares over the limit.

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PodChats for FutureCFO: Disrupting the disruptor – a CFO perspective

Future CFO

You want to do this because, for example, if you are suffering business losses or you feel that your competitor is doing something different or there is some new technology that you must keep up with. Communication strategy. It is human nature to resist change but convincing people to do so starts with good communication.

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7 Questions to Ask a Nonprofit Accountant

The Charity CFO

As a nonprofit leader, you know nonprofit accounting isn’t the same as for-profit business accounting. For example, your nonprofit owns a for-profit business , which could lead to complicated tax requirements or even loss of exempt status. How Do You Ensure Transparency and Clear Communications With Clients?

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Starbucks, Twilio, Carvana, DoorDash and more

CFO News Room

Check out the companies making the biggest moves midday: Starbucks — The Seattle-based coffee company jumped nearly 9% after reporting quarterly profit and revenue that topped expectations. On Friday, Cowen downgraded the communication tools company to market perform from outperform, citing deteriorating macro trends.

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Groupon’s CFO Resigns To Pursue Other Opportunity

PYMNTS

The Chicago-based company revealed that CFO Michael Randolfi, who has been with the company since 2016, is resigning, effective Friday (Aug. The CFO was more than just a CFO,” said Tom Forte, a senior research analyst at D.A. His departure from the company is a significant loss.”. Gross profit decreased to $292.1

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How Business Owners Can Create Good Banking Relationships

CFO Simplified

Watch Larry Chester, President of CFO Simplified and financial savant explain how to build back a good relationship with your bank so you can be bankable again in the video below. . Communicate with your bank on a regular basis. Read this article to learn how to calculate profitability. Tell them your story. Positive cash flow.

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