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Category Archives: Financial Management
Why Should You Develop a Business Plan for Going Concern, How to Do It, and How Do You Convert the Plan Into Action?
Why Should You Develop a Business Plan? For every startup the development of a business plan is a required first step. It is so obvious – business schools have course on writing the business plan and it is impossible to … Continue reading
Podcast – How to Hire a Part-time CFO
Five steps to hiring a part-time CFO to simplify your life.
Posted in Financial Management, People, Podcasts
Tagged accounting systems, actionable, balance sheet, Cash, cash flow analysis, cash flow projection, cash flow statement, CFO, chief financial officer, delegation, Financial Management, financial statements, high performance organization, keeping score, management infrastructure, performance, results
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How to Hire a Part-time CFO
In my earlier article, Seven Reasons to Add a CFO – part-time or full – to Your Team, I discussed the reasons to add a Chief Financial Officer (CFO) to your team. If you have not read that article you … Continue reading
Posted in Financial Management, People
Tagged accounting systems, actionable, balance sheet, Cash, cash flow analysis, cash flow projection, cash flow statement, CFO, chief financial officer, delegation, Financial Management, financial statements, high performance organization, keeping score, management infrastructure, performance, results
Leave a comment
Podcast – Seven Reasons to Add a CFO – part-time or full – to Your Team
7 Reasons why you need to add a part-time CFO to your business team
Seven Reasons to Add a CFO – part-time or full – to Your Team
Many small businesses operate with only a bookkeeper and CPA to manage the finances. The owner or GM fills in, or at least think that they fill in, for all of the duties of a Chief Financial Officer (CFO). As … Continue reading
Are You Afraid of Your Financial Statements?
I picked up this little book, Warren Buffett and the Interpretation of Financial Statements – the search for the company with durable competitive advantage (Scribner: New York, 2008), thinking that I might learn something valuable about the current economic mess … Continue reading
Product Line Analysis or Knowing Where the Profits Are
An important step for every business manager is to understand where profits are coming from. Too many managers are relying on the basic Profit and Loss statement that comes to them from their accountant. This is not always a useful … Continue reading