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 working with new clients and/or prospects that sell or carry inventory, I always ask the owner(s) how quickly their inventory turns. Without hesitation, most reply 6 to 8 times per year. Then I ask them how they calculated or arrived at that number. The universal answer is “I just know”.… 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 >
On November 6, California voters approved propositions that:
• Temporarily increase personal income and sales and use tax rates;
• Mandate the previously optional single-sales factor apportionment formula for corporate income tax; and
• Approved a new gross receipts tax for the City of San Francisco, to take effect in tax year 2014.… 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 >