Beacon CFO Plus

JUNE 29, 2023

by Rob Joseph, Director, BeaconCFO Plus Bringing High-Level Financial Expertise to Your Company Perhaps your business has never operated with a full-time CFO. Or, maybe you had a full-time CFO who has now left the organization and you’re wondering what to do next. A fractional CFO is, for all intents and purposes, a CFO.

CFO 52

CFO Budgeting Forecasting Leverage 52

Beacon CFO Plus

SEPTEMBER 27, 2023

Providing Critical Financial Strategy, Cost Optimization, and More Hiring a fractional CFO for your startup is a strategic move that brings expert financial guidance without the full-time commitment. Cost Optimization: Managing costs is paramount for startups operating with limited resources.

Startups 52

Startups Compliance CFO Financial Modeling 52

CFO Share

OCTOBER 6, 2021

A report by the Cannabis Business Times found the top three business related challenges to the industry were competition/declining prices, compliance, and financial management. How do you tackle these financial hurdles without an experienced CFO? Does an outsourced CFO help a cannabis business? Data-Driven Management.

CFO 96

CFO Budgeting Compliance Forecasting 96

Focus CFO

DECEMBER 6, 2021

Let’s examine how an outsourced, fractional CFO can improve FP&A: Improving Data. A fractional CFO can use the breadth of their experience to identify the right KPIs (key performance indicators) for the business. Identifying Current Challenges.

Financial Planning and Analysis (FP&A) 92

Financial Planning and Analysis (FP&A) Strategic Planning CFO Communication 92

Michigan CFO

JUNE 7, 2023

In today’s ever-evolving business landscape, the role of the Chief Financial Officer (CFO) has become crucial for effective financial management and decision-making. However, not all businesses have the resources or the need for a full-time, in-house CFO. This is where virtual CFOs come into play.

CFO 52

CFO Problem Solving Budgeting Communication 52

Future CFO

NOVEMBER 21, 2022

Financial Planning and Analysis (FP&A) teams play a crucial role in companies by performing budgeting, forecasting, and analysis that support major corporate decisions of the CFO, CEO, and the Board of Directors. The job of managing a corporation’s cash flow typically falls to its FP&A team and its Chief Financial Officer (CFO).

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Communication Budgeting 98

Beacon CFO Plus

SEPTEMBER 13, 2022

If you’ve been here a while, you might recall us sharing the number one rule in business : Never run out of cash or credit. If you are weighing the benefits of outsourcing CFO services, consider this: Accurate cash flow forecasting can make or break your business. Staying ahead of cash flow.

Cash Flow Forecasting 52

Cash Flow Forecasting Forecasting CFO Restructuring 52

VCFO

JANUARY 18, 2024

Deferred Revenue – How to Handle it and How it Affects Your Business We missed on revenue… our cash flows are strapped… we’re really at risk on this. Here, we take a look at what deferred revenue is, how it affects your business, and how to effectively manage it. None of these are phrases a CEO or business owner wants to hear.

Auditing 81

Auditing Leadership Construction Invoicing 81

Beacon CFO Plus

MAY 5, 2023

By Rob Joseph, Director, BeaconCFO Plus The CFO wears many hats and among them is serving as the first line of defense against risk for your organization. Knowing what you’re doing begins with having a strategic plan in place for your business that incorporates risk management. appeared first on BeaconCFO Plus.

Risk Management 52

Risk Management CFO Strategic Planning Compliance 52

CFO Share

AUGUST 8, 2023

The Chief Financial Officer (CFO) acts as your seasoned mountaineer, guiding your business towards its financial peak. This is where an outsourced CFO (aka fractional CFO) steps in, keeping your expedition moving toward the summit without delay. What are the Duties of an Outsourced CFO?

CFO 40

CFO Compliance Communication Construction 40

Adam Kae

JULY 17, 2023

A Fractional CFO can help you discover how to develop accurate and detailed budgets, align them with your agency's goals, and effectively forecast revenue and expenses. Cost Control and Expense Management Efficient cost control is a part of maintaining healthy profit margins.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

VCFO

JUNE 29, 2023

Underscoring this was her ahead-of-the-curve understanding that mission-centered organizations must have strong finance and compliance-related practices and expertise in place to be able to provide services in line with their mission. A CFO will evaluate financial performance, and bring attention to potential issues.

Nonprofit 69

Nonprofit Finance CFO Compliance 69

Michigan CFO

NOVEMBER 26, 2021

Did you know the average base salary for a Chief Financial Officer (CFO) is $397,448 ? With a fractional CFO, you can reap the benefits of a full-time CFO at a significantly reduced rate while still being able to get the same level of financial leadership and insights. The benefits of fractional CFO services.

CFO 52

CFO Leadership Auditing Compliance 52

Adam Kae

JANUARY 5, 2024

As a seasoned , Fractional CFO specializing in small business finance and Digital Marketing Agencies, I've witnessed firsthand the transformative power of borrowing done right. My advice: have an , experienced Fractional CFO that can help you dive into the numbers and come up with an intelligent strategy based on real data.

CFO 52

CFO Marketing Forecasting Securities 52

Focus CFO

JULY 5, 2023

As our newest Area President, he will be leading the way in bringing Fractional CFO services He is a seasoned professional with over 35 years of experience in finance and operations, including working directly with entrepreneurs.

Healthcare 52

Healthcare Budgeting Manufacturing CFO 52

Adam Kae

NOVEMBER 9, 2021

By Katelyn Sieber What is a fractional CFO? A fractional CFO is a part-time CFO that specializes in startups and SMBs. Hiring a fractional CFO is an innovative solution to the , financial roadblocks , that many startups face. Managing growth - Scaling is a beautiful thing - when done right.

CFO 52

CFO Budgeting Forecasting Startups 52

CFO Share

JULY 13, 2023

At our fractional CFO firm , we believe there are three primary financial issues that small businesses face: Planning growth through uncertainty. Detecting downturns quickly and managing them successfully. Gather the executive team to tweak the business plan to maximize growth, minimize risk, and optimize cash flow.

CFO 40

CFO Forecasting Tax Planning Advertising 40

VCFO

OCTOBER 10, 2023

Many use it to assess questions like “Am I cash positive?” The owner of this seasonally oriented service company builds up cash in peak periods to get through slower months and has ~$1M sitting stagnantly in a bank account as a result. Key Questions: How do we establish a cash forecast for managing the company’s cash wisely?

Strategic Planning 83

Strategic Planning Cash Flow Forecasting Profit and Loss CFO 83

Beacon CFO Plus

JULY 28, 2022

Over the last few months, we’ve been discussing the qualities required of today’s CFOs. We touched on why a CFO must be forward–thinking and talent–focused. There is another way that CFOs add value to their organization—that is through team-building. A Fractional CFO can help you hire the right people.

CFO 52

CFO Leadership Financial Reporting Finance 52

VCFO

APRIL 27, 2023

vcfo Austin welcomes Richard Buckley, Consulting CFO, to serve all Austin and Central Texas area clients. After he graduated, he went to work as an audit manager for Deloitte, Haskins & Sells (now Deloitte). There he implemented financial and administrative structures to manage $4B+ in business and fund investments.

CFO 52

CFO GAAP Nonprofit Auditing 52

VCFO

MAY 30, 2022

Joining vcfo’s Houston market as a Consulting CFO is Jose Perez-Bello. Jose is a senior finance professional with more than 30 years of experience in financial management roles in manufacturing and international energy ventures. He has also taught ESL for his church’s Social Services Ministry. About vcfo.

CFO 52

CFO Auditing Leadership Financial Modeling 52

Michigan CFO

SEPTEMBER 29, 2021

In the world of manufacturing, where processes run thick and bottlenecks are known to arise, CFO services play a critical role in helping organizations steer towards efficiency, profitability, and longevity. The Evolving CFO Role in a Manufacturing Company. Using CFO Services to Overcome Challenges in Manufacturing.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 52

VCFO

MARCH 2, 2023

Challenges Faced by Professional Services Firms (and How a Strategic CFO Can Address Them) Professional services firms are unique entities. Some may think that makes financial management and strategic planning in a professional services firm simpler. Instead, their assets are their people.

Strategic Planning 64

Strategic Planning CFO Budgeting Planning 64

CFO Share

JULY 8, 2021

A 13 week cash flow forecast is a short term forecast used during liquidity shortfalls to plan a company’s cash flows and avoid financial distress such as missing payroll, defaulting on debt, and ending up in bankruptcy or receivership. When to use a 13 week cash flow forecast.

Cash Flow Forecasting 59

Cash Flow Forecasting Forecasting CFO Accounts Payable 59

Michigan CFO

NOVEMBER 1, 2021

With the increasing popularity of software as a service (SaaS) products, new SaaS companies are popping up every day. 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?

CFO 52

CFO Budgeting Forecasting Tax Planning 52

CFO Simplified

FEBRUARY 11, 2022

Larry Chester, CEO of CFO Simplified, was featured on NADC BoardTalk to discuss business planning for small to medium-sized businesses in 2022. Cash flow shortages will stress business operations. Without the reassurance and aid of government programs, boards should ensure that management strategically reviews their businesses.

Planning 98

Planning CFO Economics Restructuring 98

VCFO

SEPTEMBER 12, 2023

Joining the expanding vcfo team in Houston is Krupa Amlani, Consulting CFO. Bringing with her more than 17 years of experience, Krupa is adept at managing investor relations and fostering strong employee teamwork across disciplines. Krupa also managed relations with over one hundred angel investors.

CFO 40

CFO Communication Finance Accounting 40

VCFO

SEPTEMBER 21, 2023

Typically, a CPA employs a Discounted Cash Flow (“DCF”) valuation methodology, which entails estimating future cash flows, determining discount rates, and approximating current value of that cash flow. Is the product or service geographically constrained, subject to local economic trends?

Valuation 87

Valuation Marketing Benchmarking CFO 87

VCFO

APRIL 21, 2022

vcfo is delighted to announce that Gary Golden has joined the vcfo Dallas team as a Consulting CFO. Prior to joining vcfo, Gary’s career includes Controller, Auditor, CFO, and Senior Vice President positions for organizations like Kinko’s and Blockbuster. He previously managed finance teams ranging in size of two to 250.

CFO 52

CFO Strategic Planning Auditing Leadership 52

Boston Startup CFO

FEBRUARY 22, 2023

If you find all this distressing, a fractional startup CFO , like a couples’ therapist, can help you work on improving your emotional connection to your finances, building trust, and repairing the relationship. This is where a startup CFO comes in. In addition, a startup CFO can help you identify and manage risks.

Startups 52

Startups CFO Financial Data Finance 52

CFO Simplified

JUNE 1, 2023

Most business owners get financial reports monthly: Profit and Loss, Balance Sheet, Statement of Cash Flows. For example, do you have a cash flow forecast? It really doesn’t matter if you’re providing services or selling products. It really doesn’t matter if you’re providing services or selling products.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Strategic Planning CFO 52

The Finance Weekly

FEBRUARY 22, 2023

For many entrepreneurs, the cause of their company's failure is not due to a flawed idea or product, but rather a failure to effectively manage the financial aspects of their business. This includes raising capital, managing cash flow, accurately accounting for business activity, and forecasting future performance.

Startups 52

Startups Finance CFO Forecasting 52

https://trustedcfosolutions.com/feed/

OCTOBER 1, 2022

One secret to long-term business success is effective time management. When business owners and teams have strong time management skills, more work is completed in a shorter amount of time. Outsourcing financial services enables a business to scale without increasing its employee headcount, or its number of fixed salaries. .

Accounting 57

Accounting CFO Financial Modeling Cost Management 57

CFO Simplified

JANUARY 9, 2022

Create a cash flow forecast. It’s no secret that cash flow management is a top concern for any type of business. While this might seem like an obvious concept, cash flow problems are a major reason why companies fail, and many owners claim they never saw the problem coming. Business Planning Tips.

Cash Flow Forecasting 52

Cash Flow Forecasting Strategic Planning CFO Budgeting 52

CFO Share

JULY 27, 2023

AI-powered software can extract data from ERPs or accounting software, and automatically generate financial reports, including balance sheets, income statements, cash flow statements, and management discussion and analysis. Part-time CFO services can help your business take the best decisions based on the outputs given by AI.

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

CFO Share

AUGUST 5, 2021

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. Pension contributions representative of past services cost. Segregate management responsibility to exclusively supervise production areas.

Forecasting 96

Forecasting GAAP Profit and Loss Accounting Principles 96

Michigan CFO

JUNE 14, 2022

Comptrollers report to the Chief Financial Officer (CFO). Financial controllers report to the CFO of their organizations. They both manage the accounting operations of public and private organizations, respectively. Financial controllers are answerable to the management and shareholders of the companies they work for.

General Ledger 40

General Ledger CFO Budgeting Accounts Payable 40