Finance


Jun

22

2019
2 Interim Executives Tips on Becoming a Strategic CFO

2 Interim Executives Tips on Becoming a Strategic CFO

Financial know-how is not enough to become a strategic CFO according to interim executives. If you have been an accountant for many years and are wondering how to move up to a higher position, such as a CFO, interim executives believe that just having financial knowledge won’t cut it. Interim executives state that you need to understand how to become an effective leader and how...

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Jun

21

2019
4  Tips on How to Stand Out as a CFO

4 Tips on How to Stand Out as a CFO

Four interim executive tips on how to distinguish yourself from an average CFO as a great CFO. 1. Acquire Wholesome Business Knowledge Knowing basic accounting and finance principles, such as making income statements is great for getting basic financial jobs at companies. If you want to get a higher position job such as a CFO, professionals in interim executive state that you can’t just be...

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Jun

14

2019
The Art of Budgeting After Strategy

The Art of Budgeting After Strategy

Budgeting is oftentimes the first thing tackled in a business plan when in fact it should be the other way round. Budgeting should come after strategic and marketing planning. People often talk about creating a revision plan in an existing business. They want to make significant changes, remarket their products to customers, and radically transform its structure and operations. But when the process begins, the...

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Jun

13

2019
Interim Executives in Private Equity Firms

Interim Executives in Private Equity Firms

Over the years, interim management has become increasingly common in large and small businesses worldwide. Interim executives are being used as a cornerstone in business development within the United States and many European countries.   It has been a proven and highly used model in Europe for decades. Most data on interim work comes from associations based in Europe. But given the shift in the...

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Jun

08

2019
Budgeting for Investors

Budgeting for Investors

Budgeting is not only important for you and your company, it is important for investors. If somebody wants to invest in your business, they will mostly base their decision upon your budget. Through your budget investors they can determine your financial health, the viability of your business and its long-term potential. They look at how you’ve budgeted for future plans and whether or not you’ve...

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Mar

21

2019
Don’t Miss Out on the Long-term Potential of a Budget

Don’t Miss Out on the Long-term Potential of a Budget

Budgeting is crucial in getting you past the first 5 years. If done well, your odds of surviving in the long-term goes up. Budgets are essential for both startups and mature businesses that have been operating for more than 5 years. But having one in a small business could be the key to success, considering their high failure rate. An alarming 82% of small businesses fail...

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Dec

18

2018
Crowdfunding 101

Crowdfunding 101

Crowdfunding is featured on the news every so often linked with some entrepreneur hitting it big. But is it really worth pursuing? We spoke to 3 CEOs on our podcast to find out what crowdfunding is and if it’s worth it. Crowdfunding websites and the success stories coming out from them seem to be spreading everywhere these days. We’ve all heard about Kickstarter, GoFundMe and...

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Nov

27

2018
Why You Need to Use Electronic Accounting for Budgeting

Why You Need to Use Electronic Accounting for Budgeting

If you’ve been budgeting for a while now, you may have noticed ups and downs in prioritized expenses every month. Rarely do they stay constant nor are they predictable. The best way to track your cash flow is to use electronic accounting. That is keeping digital records of your financial transactions, and using accounting software to process the data. You can use an app, spreadsheets...

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Oct

30

2018
Interim Executive Tips: Beating the Constraints of Budgeting

Interim Executive Tips: Beating the Constraints of Budgeting

Budgeting has a bad reputation among employees. Some view it as tedious, boring and, most notoriously, restrictive. They can be painful for an organization as it places constraints and establishes goals, but the success achieved is well worth it with these interim executive tips. Some employees may feel that budgeting is useless. If you’re being cost-effective, not overspending and being mindful of your expenses, some...

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Oct

18

2018
3 Budgeting Tools for Your Small Business

3 Budgeting Tools for Your Small Business

The different acronyms and financial models in budgeting can intimidate some business owners. But it shouldn’t be that way. There are only three tools you need to be familiar with to understand budgeting. Budgeting can be intimidating. It is only daunting because they don’t understand it. Because of this, entrepreneurs spend less time on financial planning and more on their product and ideas. Not knowing...

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