Tag: fractional cfo
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Budgeting Demystified: Getting On The Right Track For 2024
5 Methods to Rock Your Budget Are you on the right track and read to crush 2024? Now that the calendar has flipped to October, its time to start thinking about the upcoming year and your goals. That probably sounds daunting! A good budgeting process can sometimes be exciting! Yep, exciting! It’s an opportunity to… Read more
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Selecting The Best Budget-Friendly Accounting System: A Comparative Guide
System matter. Select the right systems and you get better insights into your business and spend less time managing accounting work. Select the wrong systems and you might pay more in the long-run through lower productivity and less information. For businesses, selecting the best accounting systems makes a world of difference. Efficient financial management is… Read more
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Navigating Success: Figure Out Where You Are, Then Your Destination
Reaching Your Goals, Starts with Understanding Where You Stand Success is often perceived as a destination, a finish line to cross. However, little attention is given to the starting point. The finish line and final destination might be unclear or there is a gap between where an organization is and where they want to go.… Read more
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7 Scary Pitfalls of Using a Tax Accountant for Bookkeeping
This blog discusses 7 limitations of using a tax accountant to perform business bookkeeping and why outsourced bookkeeping is a superior solution. Read more
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Unlock Growth and Funding Opportunities With A Part-Time CFO
The 8 Powers Fractional CFOs Unlock for SMEs Introduction In the fast-paced and competitive world of business, small and medium-sized enterprises (SMEs) often face financial challenges that can impede their growth. However, there is a solution that can provide valuable insights and guidance without the burden of a full-time commitment: Fractional CFOs. In this post,… Read more
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The Hidden Risks of DIY Bookkeeping
Why Hiring An Outsourced Bookkeeper is Crucial for Your Business Introduction DIYing most things ends up being the most expensive option. Either pay me now or pay me later. Business bookkeeping is no different and we believe not outsourcing your bookkeeping is a costly mistake. While entrepreneurs and small business owners might find handling their… Read more
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Close More Deals By Selecting the Right Insurance for SaaS Companies
We discuss how business insurance is more critical for SaaS company to close deals with customers and raise funding. This is a high level discussion of general liability, cyber, and directors and officers insurance. Read more
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SaaS Contract Pricing: Are You Leaving Value On the Table?
A CFO’s Perspective on SaaS Price Changes “Nothing is certain except death, taxes and annual SaaS subscription price increases.” – Benjamin Franklin 1789 SaaS Contract product pricing is equal parts art and science. The key is trying to find a balance that maximizes your company’s profitability and maintains good relations with your customer base. In… Read more
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Make Accounting Sexy (Again): Using Visualization To Make Better Decisions
Is Your Bookkeeping & Accounting Giving You Data or Information? Seeing is believing – or so I am told. Numbers, spreadsheets, and financial reports have long been the domain of accountants, leaving non-accountants feeling lost in a sea of confusion. But fear not! The presentation of accounting information is starting to become sexy, again. If… Read more
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SaaS Metrics: Companies Needs to Ditch CLTV & Use Payback Period
Trusting Payback Period In An Era of CLTV As SaaS companies continue to enter the marketplace, continually evaluating and monitoring performance has become essential. Metrics play a crucial role in assessing the financial health and growth potential of a SaaS company and one of the most loved and used is Customer Lifetime Value (CLTV or… Read more