by Adventum | Feb 11, 2025 | Uncategorized
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...
by Adventum | Jan 14, 2025 | Uncategorized
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...
by Adventum | Dec 10, 2024 | Uncategorized
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...
by Adventum | Nov 5, 2024 | Uncategorized
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...
by Adventum | Oct 15, 2024 | Uncategorized
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...
by Adventum | Sep 10, 2024 | Uncategorized
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...
