Top Ways To Protect Your Company’s Financial Health
Whether a company is earning a lot of profit or too little, it must protect its financial health. However, managing a company’s finances can be intimidating, overwhelming, and complicated. It
CFO Shield Blog
How to Keep Track of Your Business Growth
Starting a business can be a nerve-wracking decision. Every business owner can endorse that they put their all into making their business successful. Every company decides on its unique success
#DecisionMaking
Why being a small business can be an advantage to being a big business
Have you ever been in a meeting and learned about a change to a large service provider and were frustrated to hear about the next attempt to get you to
#Budgeting
If you can measure it, you can track results — Budgeting & Forecasting
Balancing the Budget Budgeting and Forecasting is a vital key to business success as the budget is part of the goal-setting process for any thriving company. The forecast helps the
#TaxCredit
The Tax Benefit that Every Entrepreneur, Inventor, and Growth-Minded Business Leader Needs to Know
The Research & Experimentation Tax Credit is a general business tax credit under the IRS Code section 41 for companies that incur research and development (R&D) costs in the US.
#FractionalCFO
What is a Fractional CFO and What are the Benefits
A CFO is a key advisor to a President, CEO, COO, and the Board of Directors. Often, the Chief Financial Officer is the voice of reason and can help translate
Why Does Small Business Fail and How to Prevent It?
It is a sad and hard topic to write about, but it is extremely important to discuss why small businesses fail and what can be done to prevent it. Small
#Disaster
Why Your Small Business Needs a Disaster Recover Plan and How to Build One
Do you need a Disaster Recovery and a Business Continuity plan? The answers to the following questions will dictate what your response must be. Do you have clients? Do you
#bookkeeping
How to Finance a Small Business via Equity Investments
Funding a business is very much like gardening. Plant some money, and if the growing conditions are right and you tend your garden carefully, you will reap more money and
#Budgeting
10 Strategies to Help Small Business Leaders Prepare for Year End
Year end is a busy time of year for finance & accounting staff. It is that time of the year where we draw a line in the sand and take
#bookkeeping
6 Reasons Why a Bookkeeping Service Is an Essential Component to a Successful Business
When many business owners begin their companies, especially for the first time, their vision and foresight often falls short of knowing all the elements that are actually required to run
#bookkeeping
How 3rd Party Bookkeeping Services Can Help Small Business Establish Segregation of Duties
Segregation of Duties, also known as Separation of Duties, is the concept of requiring more than one person to complete a task. The purpose of this requirement is to help
#accounting
6 Must-Have Traits of Your Next Bookkeeper
When hiring someone to take care of your financial portfolio, you must be very diligent with whom you choose. In this blog, we will discuss 6 must-have traits of your
#BusinessPlan
How to Perform a Market Analysis and Define Your Target Market
“Strategy 101 is about choices—you can’t be all things to all people.” Michael Porter’s advice is key to understanding how your business identifies a target market and develops a solution
#Disaster
Why Risk Management Is Important to Small Business and How to Manage it for Growth
Risk is inherent to every part of a business. Companies need to take risk in order to grow, become profitable, and contribute to the economy. Risk management is the practice