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Financial Risk Management: Small Business Advice from a CFO

CFO Share

Business owners focus mainly on reward (profit), which is easy to measure, while tragically few entrepreneurs look back on a month with low profits and say, “well, at least we managed our risks properly.” Despite the general preference to focus on profits, financial risk management is crucial to long-term success.

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Recognizing the Right Time to Enlist an Interim CFO for Your Business Success 

E78 Partners

Recognizing the Signs: When to Consider an Interim CFO Business Transformation: If your company is undergoing a significant transformation, such as a merger, acquisition, or restructuring, an Interim CFO can navigate complex financial matters, assess risks, and ensure smooth transitions.

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Key Insights from the IMF Global Financial Stability Report

E78 Partners

For nonbank financial institutions (NBFIs), it is essential to close data gaps, incentivize proper risk management practices, and intensify supervision. Prudential rules should ensure that banks hold capital for interest rate risk and guard against hidden losses that could materialize abruptly in the event of liquidity shocks.

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Restructuring Compensation And Roles To Align For Growth

CFO News Room

Michael Kitces is Head of Planning Strategy at Buckingham Strategic Wealth , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession.

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Budget Preparation Process: Full Step Guide

Spreadym

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. This process is essential for effective financial management and decision-making, whether it's for a business, government agency or non-profit organization.

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The CFO's Role in Preparing for Upcoming Economic Storms

Focus CFO

Building Resilience and Adaptability: 6 Key Financial Strategies for Businesses Strategic & Financial Resilience: Analyze and assess the potential impact of the economic downturn, develop contingency plans, and guide the business in making informed decisions. Risk Management and Compliance: During economic downturns, risks amplify.

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Chapter 11 Watch: Tough Times For Uniqlo, PacSun Gets Lucky

PYMNTS

The Orange County Register is reporting that Golden Gate Capital (GGC) will assume 100 percent control of the company pending approval, though, with in-store costs upwards of $140 million annually, GGC will clearly still be looking at restructuring.