Category Archives: Advisory|Strategic Guidance|Value Building

Why Outsourced CFO?

outsourced

Small and medium-sized enterprises (SMEs) often encounter significant challenges in managing their financial operations efficiently. This is particularly true for companies in the high-tech, manufacturing, and distribution sectors, where financial complexity can be high, and resources are often limited. One effective solution gaining traction is the outsourcing of Chief Financial Officer (CFO) services. This approach

Why Do I Hold Real Estate and My Company In Separate Entities

Separate

When managing both a business and real estate investments, structuring your holdings wisely is crucial for protecting your assets. It is also important to consider when optimizing for financial management, and enhancing operational efficiency. One highly recommended strategy is to hold your real estate and your company in separate entities. Let’s explore why this approach

What are the risks of an entity guaranteeing a loan for another?

Entity

In the world of business, guaranteeing a loan for another entity can be a strategic move. However, it comes with significant risks. Understanding the potential consequences if the other entity becomes insolvent is crucial for making informed decisions. In this blog post, we’ll explore what happens when your business guarantees a loan and the borrower

How to Maximize Your Customer Value

Customer

Maximizing Customer Value: Strategies for Manufacturing, Distribution, and High-Tech Businesses In manufacturing, distribution, and high-tech industries, increasing the dollar value of each customer sale is crucial for sustaining growth and building a loyal customer base. While attracting new customers is essential, maximizing the value from existing customers can lead to higher profitability and stronger relationships.

How to Increase Manufacturing Purchases from Customers

Customer

In today’s fast-paced business environment, staying ahead of the competition requires more than just offering top-notch products or services. For manufacturing, distributing, and high-tech companies, maximizing customer engagement, sales revenue, and operational efficiency are paramount. To achieve these goals, here are strategies tailored to address key areas of focus: Frequency of Customer Purchases: Personalized Loyalty

The Impact of Remote Work on Taxation

Taxation, Remote Work

  In the wake of the global shift towards remote work, the landscape of employment has undergone a significant transformation. While remote work offers unparalleled flexibility and convenience for employees, it has also brought about complexities in taxation for business owners. The Remote Work Revolution Remote work has emerged as a defining feature of the

What are the Benefits of Outsourcing Your Accounting? 

  Let’s face it, staying competitive requires more than just offering a great product or service. This means that efficient financial management strategies and optimizing resources are a must. One such strategy that has gained significant traction in recent years is outsourced accounting. When we investigate how outsourcing your accounting functions can revolutionize your business

How much does it cost to Hire a CFO?

CFO

Understanding the Cost of a Full-time CFO  In the ever-evolving business environment, the decision to hire a Chief Financial Officer (CFO) full-time is a pivotal one. It ultimately involves a considerable financial commitment. A comprehensive analysis of data from four authoritative sources as of early 2024 sheds light on the financial implications of such a

How Cash can be found in Your Accounts Receivable

Accounts Receivable

The Importance of Accounts Receivable Accounts receivable (AR) represents the money owed to a business by its customers for products or services rendered on credit. It’s a fundamental component of working capital and can significantly impact a company’s cash flow and financial health. The Cash Conundrum Despite its significance, accounts receivable often harbors hidden cash

Navigating the New Year: Setting and Tracking Business Goals with KPIs

2024 Goals, KPIs

As we step into a new year, it’s a perfect time for businesses to chart their course towards success. This period of corporate planning is crucial, offering a fresh start and a chance to set ambitious yet achievable goals. Key Performance Indicators (KPIs) play a vital role in this process, serving as the compass that