CFO Advisor
Navigating Mid-Year: Assess, Pivot, and Thrive!
As we reach the mid-point of 2024, it’s a strategic time to gauge how well your business is progressing. If you’re unsure, you’re not alone — many CEOs and owners grapple with diverse challenges in today’s high-cost and uncertain economy. That’s why conducting a thorough Mid-Year Assessment is essential. By evaluating your business’s health, you…
Read MoreFinancial Vigilance: The Business Owner’s Guide to Preventing Embezzlement
Embezzlement is a serious financial crime that occurs when a trusted individual within a business unlawfully misappropriates funds or assets for personal gain. This betrayal of trust not only results in financial losses for the company but also inflicts a deeper wound by breaching the faith placed in the perpetrator. Safeguarding against embezzlement requires robust…
Read MoreDemystifying the Employee versus Independent Contractor Rulings
As business owners continue paving the way through 2024, it is important to keep up to date with the latest regulations, including a final ruling recently issued by the US Department of Labor (DOL) that changes the guidance to determine how workers are classified under the Fair Labor Standards Act (FLSA). The FLSA sets the…
Read MorePlanning Your Exit – Maximizing Value And Your Company’s Future Your 2024 To Do List for Exit Planning
Your 2024 To Do List for Exit Planning As a business owner, you have worked tirelessly to build your company into your largest financial asset. However, it is important to start thinking about the future. Perhaps a sale of your company is something you’ve flirted with but you don’t have all the answers, steps, and…
Read MoreUnderstanding the Beneficial Ownership Information Reporting Rule: FAQ’s For Business Owners
What does Beneficial Ownership Information Reporting mean to my business? As part of efforts to curb money laundering, increase transparency of business ownership and to reduce other financial crimes, FinCEN has issued a new rule requiring businesses to report the personal identifiable information of their owners. This is known as beneficial ownership reporting. To comply…
Read MoreWhat is a Good Gross Profit Margin? Tips to Improve GPM and Drive Profitability
As the year ends, it’s essential to keep your business’s financial health top of mind. Whether you are running a small business or a large enterprise, the fourth quarter can be a make-or-break period for achieving your financial goals. The good news is there are several things you can do to ensure that your business ends the year…
Read More7 Tips for Surviving the Black Clouds in Business
Attempting to eliminate or prevent all worry in business is a fruitless pursuit. At any given time, we can find ourselves tiptoeing through landmines and navigating unexpected twists and surprises. CEOs and owners who desire to build a business of significance and success often get derailed by what B2B CFO® calls black clouds. Take a moment…
Read MoreHow to Find the Right Strategic Business Advisor For Your Company
In business, blind spots are inevitable. However, these blind spots can lead to costly mistakes and missed opportunities. To stay ahead of the game, growth-minded business leaders rely on a strategic business advisor who can provide expert advice and guidance. In my latest article, I share the benefits of working with a business advisor and…
Read MoreSix Strategic Questions You Should Be Asking Your CFO
As a business owner or CEO, understanding your company’s financial footing is crucial to making informed decisions that drive growth and success. But if you are not a finance expert yourself, it can be challenging to know where to start. For guidance, this list of six essential questions to ask your CFO will help you…
Read MoreMastering the S Curve: Sustaining Business Momentum
Every business has its specific chapters in their journey and the S Curve (also known as the “sigmoid curve”) is all about capturing the key moments a business undergoes until they make it “big.” The S Curve represents the life cycle of a product, service, or even an entire business. It starts with a period…
Read More