Financial budgeting Every business or organization should consider the importance of having a financial budget. For instance, look at the financial budget as a roadmap leading to a destination. A detour without a course correction can lead to a delay in arrival or worse, not arriving at all. The financial budget has planned expenditures and … Continue reading Financial Budget – Consulting Services
Category: Project-based CFO Services
A business has property and liability insurance coverage for different types of exposure. Because of the variety of risks, it also needs a business continuity plan in case a disruption occurs that can slow or stop business operations. Employees should know the business continuity plan in case of a business disruption or disaster. The disruption could … Continue reading Business Continuity Plan – areas to review
In this article, we will review the importance of outsourcing in business and other organizations. One online dictionary defines outsource as "to procure from outside sources…" The size of the organization can determine whether outsourcing occurs. An organization needs to focus on its core business and not try to be an expert in all areas. … Continue reading Outsourcing in business
The Chief Financial Officer ("CFO") in a startup company has a different role than the CFO in a more established company. The startup CFO requires more hands-on activity and to be involved in a variety of tasks and areas. A startup company ("startup") is a new business started by an entrepreneur who has a good … Continue reading Startup CFO – providing project-based leadership