What is a Consulting CFO? Does My Business Need One?

What is a Consulting CFO? Does My Business Need One?

What is a Consulting CFO? Does My Business Need One? As your business grows, you will need to fill the C-suite roles with trusted professionals who understand your vision. Your passion and skills have carried your business far, but there are likely some aspects of...
How to Develop an Effective Cost Reduction Strategy

How to Develop an Effective Cost Reduction Strategy

How to Develop an Effective Cost Reduction Strategy As a business leader, you are under constant pressure to increase your profitability.  Broadly speaking, there are two primary pathways to achieve this goal: increase your prices or decrease your costs. While both...
Should My Business Use Job Costing?

Should My Business Use Job Costing?

Should My Business Use Job Costing? Project-based businesses rely on exact estimates and timely invoicing. Typically, these types of businesses provide a unique service to customers. As a result, pricing will fluctuate from one project to another.  Whether you are a...
What Is Petty Cash? How Should My Business Use It?

What Is Petty Cash? How Should My Business Use It?

What Is Petty Cash? How Should My Business Use It? The world is moving toward a cashless society. And with the rise of fintech—mobile apps, digital wallets, and various electronic payment methods—some economists would argue that it is already here.  As a business...