fbpx
Call Us Today! (866) 438-5008 | support@todaycfo.com

Search Results

Improve financial reporting quality
Financial Management

Improve the Quality of Your Financial Reporting With These 5 Tips

Producing financial reports to keep internal leaders and external stakeholders informed is becoming more difficult with each passing year. If manual processes are still being used to drive the information pipeline, that complexity is certain to cause data governance and data transfer concerns. Evaluate how effectively your organization and team are performing using these five tips that should be included in any well-designed financial reporting structure.

Read More »
Create a budget plan for uncertain times
Financial Management

How to Budget During Financial Uncertainty

In the midst of so much uncertainty, creating a company budget is difficult—but it’s also more vital than ever. Adapting your business budgeting plan for unpredictable times will help keep your company on pace while the economy rebounds from COVID-19.

Read More »
Hire a fractional CFO to lead the financial growth of your startup.
Financial Management

When and Why A Startup Should Hire A Fractional CFO

Hiring a seasoned CFO full time may be an expensive affair for a startup, but having the expertise of an outsourced CFO to track, maintain, and navigate your company’s finances during difficult times is important in the survival and success of your business.

Read More »
Identify financial mistakes to avoid them.
Accounting

8 Biggest Financial Mistakes Businesses Should Avoid

Keeping track of your company’s finances is just as vital as attracting new clients and satisfying old ones. However, if you’re like most small business owners, bookkeeping and money management aren’t your strong point. You can stay ahead of the competition if you avoid these eight most common business money mistakes.

Read More »
Replace your accounting system to improve your bottom line.
Accounting

6 Signs It’s Time to Replace Your Accounting System

Scaling your business profitably can be a real challenge. Costs often explode while we grow. Accounting software and systems break down under the new workload. Data becomes harder to track. And the next thing you know, everything seems out of control with zero visibility.

Read More »
Tax planning for business owners.
Financial Management

6 Best Tax Planning Strategies for Small Businesses

Tax planning should not be a once-a-year effort for business owners when it comes to filing taxes. You may be able to postpone filing your 2021 taxes until late 2022 using extensions. However, tax planning activities that can reduce your total tax liability need to be taken before the end of the current fiscal year.

Read More »
Accounting trends to follow this year
Accounting

Accounting Trends You Should Adopt for Your Business Right Now

It was a roller coaster trip for small business owners in 2021. The year has been a downturn after downturn, with the market and economy crashing even on big enterprises.

Thousands of small business owners are in the same boat as you, and many are still looking for ways to recover. Even when the virus has been defeated, we are certain that the world will never be the same again.

Read More »
Financial Management

6 Advantages of Hiring a Virtual CFO to Grow Your Business

As your business grows, there are always financial challenges that appear along the way. Your business may not be ready for the cost of a full time CFO to help find the advise you of the right solutions. Hiring a Virtual CFO is a great way to access the vast knowledge of a Chief Financial Officer, while avoiding the expensive salary.

Read More »