Resources

It's estimated that around 45% of small businesses fail within the first five years. While there's no shortage of issues that can lead to this occurrence, financial problems are some of the most common.When your business hits a financial crossroads,...

Out of the 20% of small businesses that fail during their first year, many of them cite cash flow issues as the reason, according to CNBC. Without a dedicated CFO, financial issues can become major roadblocks for your organization.Hiring a full-time CFO...

According to an article from Luiza Zhou, 18.4% of businesses fail within the first year, and 49.7% within the first five years. Most industries are incredibly competitive these days, so you need to make sure you're using the best strategies when trying to...

Nearly half of failed small businesses in 2022 were due to running out of cash according to a report by CNBC. More often than not, this is a result of poor financial management. With part-time CFO services, businesses gain expert guidance to monitor and...

Since 47% of startup failures in 2022 were due to a lack of financing, it's always crucial to prioritize the way your company manages its money. Finding and vetting a full-time CFO can be an arduous process, but leveraging interim CFO services is an...

According to Entrepreneur Media, 20% of small businesses fail within the first year, and this goes up to 70% within a decade. Running a successful business can be challenging, especially when you're trying to grow that business. Making use of outsourced CFO...

Some US companies do not hire a CFO until they generate at least $50 million in revenue. It is a common practice, as many may not have the resources for the role. Even larger companies face similar challenges. According to an article in Industry Dive, 25% of them...

Running a growing business without clear financial direction can feel like driving blindfolded. Are you constantly worried about cash flow? Unsure if you're making the right financial decisions? You're not alone. Many companies hit a wall when they don't have the...

Imagine running a company with a motivated team that has no trouble providing stellar products and services. However, you frequently encounter issues with your financial management.Problems like these can detract from your overall performance. Many companies...

Imagine running a business and suddenly finding errors in your financial records. This can cause confusion and financial loss. Disruptions like these can even impact team morale.Working with an outsourced CFO can help by correcting financial records and ensuring...

Imagine having a financial expert who can navigate your business through any storm. They have no trouble maintaining business continuity, and they cost less to work with than a full-time hire. Leveraging opportunities like this could dictate whether you reach...

It takes a lot of trust to pass on your company's accounting and bookkeeping responsibilities. There are plenty of benefits to hiring an outsourced controller, but there are some things to be aware of before you choose the best option. What do you need in...