Category Archives: Blog

How to Determine if You Need New Accounting Software Part One

A common concern for many of our clients is in regards to their accounting software, specifically QuickBooks. Deciding when to make the switch from QuickBooks for a more robust accounting or Enterprise Resource Planning (ERP) system is no trivial matter. On the one hand, once a company has outgrown QuickBooks, remaining with it may limit …

The Single BEST Way to Prevent Financial Fraud

Financial fraud is a bad scenario for business owners. Beyond the embarrassment or the financial loss, fraud can also result in the termination of a long-term employee. A few factors may put a company at risk; however, the primary cause is a lack of internal controls and oversight. We also find that a lack of …

Top Three Mistakes to Avoid When Growing Your Restaurant Empire

I’m sure you’ve heard the statistic that half of all restaurants will close within the first three years of opening. In fact, new and exciting concepts are generally started by a chef or restaurateur, but often not by a business person. The systems for running these operations are virtually non-existent, which isn’t really a problem …

How to Fund Your Business

Options to fund a business range from family and friends to banks to institutional capital and business owners are best served by understanding the advantages and disadvantages of each option before making this decision. Read more below for tips on navigating this process effectively. Overview of the Stages: Even though every company has a timeline, …

The Guide to Long-Term Incentive Planning

What kind of long-term incentive plan should your business have? vcfo breaks down best practices to avoid employee turnover and how to encourage your employees to reach new goals by using long-term incentives and benefits. The Guide to Long-Term Incentive Planning Whether you’re seeking to keep good employees in a tightening labor market or desire …

Do You Need a CFO?

“Do I need a CFO?” This question pops up casually at almost every lunch or event I attend. And it’s not surprising for CEOs with good controllers and accounting managers to struggle with it. The lines between unique skill sets are blurred in many companies; however the differences are important and should not be overlooked. …

Bringing Your Business to Houston? Consider These Things to Avoid Costly Mistakes

According to a survey conducted among members of the LinkedIn Forum for International Expansion, the number one problem for companies expanding to new international markets was not knowing where to start or which questions to ask. Are you in the same place? Read more about important considerations for companies thinking about moving or expanding to …

Someone Wants to Buy My Business! Now What?

It’s the call many business owners dream of: out of the blue, a big competitor or maybe a holding company calls and says they’re interested in buying your business. Maybe you instantly start seeing big dollar signs, or perhaps you’re unimpressed, but either way, you’re probably thinking the same thing almost all of my clients …

3-Step Plan to Boost Your Online Presence for Your Next Career Move

Where in the past a personal introduction, solid resume and winning interview might land that dream position, today’s job search demands that job seekers also have a carefully curated personal brand online. Recruiters and hiring managers are turning their attention online to not only find top talent, but to vet them as well. In fact, …

The First Question Every Consultant Should Ask

When business owners call on consultants, they are often excited to jump straight into strategy or tactics for a project or process. After all, time is money and most business owners are motivated, action-oriented people. But the reality is that business owners and their leadership teams are usually going a million miles per hour, which …