When Should an Entrepreneur Hire a CFO?
December 9, 2011
By Kimberly Danek
Not every small business or company requires the services for a Chief Finance Officer or CFO, and as such, it is important that an entrepreneur knows the right time to hire one. To hire or not to hire a full-time CFO is dependent on many factors.… Read more >
When was the last time your business had a check-up by someone outside your internal organization?
1. Do your bankers and lenders trust your internal financial statements?
2. Are your internal financial statements prepared without errors?
3. Does your internal accounting staff understand your financial statements from an accounting, income tax, business and industry perspective?… Read more >
The author is an Entrepreneur contributor. The opinions expressed are those of the writer.
About the Author: Jim Joseph is the North American president of New York-based communications agency Cohn & Wolfe, part of the media company WPP Group PLC. He is the author of three books, including the latest, The Personal Experience Effect (Happy About 2013).… Read more >
Professional alliance offers more holistic approach for business owners
Morgan Stanley Smith Barney has announced a new national alliance with B2B CFO®, the largest CFO services firm in the United States. This agreement provides an innovative blueprint for a coordinated effort to meet both the corporate and personal wealth management needs of privately held businesses and their owners.… Read more >
I’ve never believed receivables collections is just an accounting task. Cleaning up receivables, instead, is an organizational goal and yes, sales needs to be involved.
I teach my clients that cash is oxygen in their businesses as it gives them life. And that means the AR collection process is one of the most if not the most critical part of an organization’s cash flow process.… Read more >