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Category: CFO

The Comprehensive Guide to Setting Up a Nonprofit

The Comprehensive Guide to Setting Up a Nonprofit

Perhaps you’ve dreamed about running your own nonprofit, and you’ve finally reached a place in life where you can make it come true. It’s important to do your research before starting this process – getting a nonprofit off the ground takes a lot of work! Thankfully, you can rely on services like Reconciled to simplify bookkeeping and other financial processes with QuickBooks. Here are some basic steps you’ll need to take in setting up a nonprofit.

Small Business Advice for Parents With Disabilities

Small Business Advice for Parents with Disabilities

Individuals with disabilities are almost twice as likely to be self-employed as those without disabilities. Owning your own business is time-consuming and requires a lot of effort, and so does parenting. Balancing these needs is tough but far from impossible. Some simple tips and ideas help get you started on the right foot.

Is the Time Right to Sell Your Business?

Is The Time Right to Sell Your Business?

How do you know when the time is right to sell your business?

Although there’s no single answer to this complex question, Forbes notes that there’s a strong consensus on several sets of circumstances that indicate it’s time to sell your business. 

Take a look at five scenarios that could mean the right time to sell your operation is now.

The Complete Guide to Handling Your Small Business Closure

The Complete Guide to Handling Your Small Business Closure

If you spent years growing your small business, but recently concluded that you would have to close your doors, you may be wondering what to do next. From taking good care of yourself to organizing your finances, being proactive can help you get back on your feet. Here are a few steps on how to recover from your small business closure and fix your eyes on the future. 

What is a CFO Advisor?

What is a CFO Advisor?

If you’re a small business ready to grow, you’ve probably looked into hiring a CFO.

Maybe you can’t bring one on full-time, but for a specific project. You can hire a CFO advisor to suit your needs. You might still be wondering what exactly a CFO advisor does and what skills they need.

What Does a CFO Advisor do?

The job of a CFO Advisor is to provide strategic recommendations to the owner of a business, or their management team. They analyze the financial data. Then, they use that data to determine the best course of action for the company. Or your advisor will look at all the data and give you a solution to your project.

What is the difference between a CFO and Financial Advisor?

Difference Between a CFO and Financial Advisor

When you’re thinking about what you need for your business, it can be difficult to determine what is best for you.

Do you need basic bookkeeping help? What about Financial Advising? Maybe you’re looking for a business coach or CFO? We’re going to break down the difference between a CFO and Financial Advisor, so you can see which fits your needs best.

CFO Services for a Startup

CFO Services for a Startup

As a startup business, you’ve got a lot of things on your mind and your to-do list is never-ending.

If you’re considering hiring CFO services for a startup, you’re not alone. A CFO can be very beneficial for a startup, but do you need to hire a full-time CFO? The answer is no. You can actually benefit from a third-party CFO with expertise in your industry.

what is a fractional CFO?

What is a Fractional CFO?

As a business owner, you might be at the point of looking into a CFO and have come across the term Fractional CFO.

So, what exactly does that mean? Simply, it is just an outsourced CFO. Someone you hire who has CFO experience and who helps lots of businesses with their financial needs on a part-time basis.

What Does a CFO Do?

A CFO (Chief Financial Officer) is responsible for monitoring your business’s finances. They can also tell you what changes need to be made. They can also see opportunities that are being missed or products or services that should be cut.

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