VCFO

OCTOBER 10, 2023

monthly, annual) performance, much more is needed for effective strategic planning – proactive planning that looks beyond what the business will do in the short term to where you want it to be in five years, ten years, or a similar timeframe. While the Income Statement does provide a view of historical (e.g.,

Strategic Planning 83

Strategic Planning Cash Flow Forecasting Profit and Loss CFO 83

CFO Share

FEBRUARY 15, 2024

I recently met up with an old friend and entrepreneur who asked me for “CFO strategic planning help.” We’ve been stuck posting losses for 12 months, so I’m reorganizing the business,” Manny told me. “My Schemes that require growth to achieve profitability are risky. How long before those sales come in?

CFO 52

CFO Strategic Planning Profit and Loss Numbers 52

CFO Simplified

MAY 14, 2024

But if your business doesn’t have shelves in a warehouse filled with products for sale, you might think that you don’t need to worry about all of the issues and problems that go along with managing, protecting and selling that inventory. Carrying Cost – this is the price you pay for having your inventory on the floor, available for sale.

Profit and Loss 52

Profit and Loss Pharmaceutical Manufacturing Vendor Management 52

CFO Share

APRIL 1, 2024

Yet, hesitation shadows your resolve, fueled by fears of wasted money, loss of control, and dependency on a seemingly detached contractor. You begin by reminding them you studied finance when you got your MBA, then go into the stalled growth and shrinking profit margins as of late. I know we can work through this.

CFO 52

CFO Profit and Loss Forecasting Strategic Planning 52

CFO Simplified

JANUARY 10, 2022

Look at these scenarios, and see if any sound familiar to you: An internet sales company showed financial reports with huge profits for three straight months, and then suddenly, huge losses during the next few. In spite of growing sales, they showed increasing losses as the year progressed. It’s that simple.

Profit and Loss 52

Profit and Loss Financial Reporting Invoicing Sales 52

CFO Simplified

JUNE 1, 2023

Most business owners get financial reports monthly: Profit and Loss, Balance Sheet, Statement of Cash Flows. How you use the information you get to go forward and drive profitability. How you use the information you get to go forward and drive profitability. More profitably. What IS your plan for profitability?

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Strategic Planning CFO 52

CFO Simplified

FEBRUARY 17, 2022

But understanding your company’s profitability is critical to making the right decisions. Sales – $45,000,000 annually. Plus, internal statements showed wild swings in profitability, which meant that until year-end, the owners were never able to truly understand whether they were making money or not. Ownership – Two partners.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52