The Importance and Application of Anti-Money Laundering Practices Anti-Money Laundering (AML) practices and policies are aimed at keeping money that stems from criminal activity out of the mainstream financial ecosystem. Given this definition, owners and operators of legitimate businesses may rightly wonder why in the world they would need to think about AML at all. …
09
Aug
Aug
6 Operating Performance Metrics for Professional Services Firms Professional services firms come in all shapes, sizes, and types – law, accounting, architecture, engineering, field services, janitorial, specialized consulting, and the list goes on. While each is decidedly different, the common denominator connecting them all is providing services – work being performed for a fee. Professional services …
03
Aug
Aug
Five Principles for SMB & Startup Business in Aerospace & Defense A recent PwC report notes that the aerospace & defense (A&D) industry generated $741B in 2022 and stands poised for further growth in the years ahead. It’s no wonder then that a wide range of SMBs and startups are enticed by opportunities to do …
21
Jul
Jul
The Pregnant Workers Fairness Act (PWFA) – Business Compliance and Implementation Over decades, numerous local, state, and federal laws have been enacted to ensure employees are provided with sensible working conditions and protections from discrimination based on medical conditions and a range of other factors. On June 27, 2023, the federal Pregnant Workers Fairness Act …
13
Jul
Jul
Business Growth – Three Principles for Minimizing Pain While Realizing Gain In business, as with most endeavors, growth is generally a good thing. But what growth looks and feels like can differ quite dramatically from one company to the next. For some, growth is a rocky road where owners and execs are often surprised by …
06
Jul
Jul
Joe Williams is warmly welcomed to the vcfo team as a Consulting CFO in the Dallas market. Bringing with him more than 25 years of experience, Joe is entrepreneurially spirited and works with business leaders to develop new strategies, models, and streamline processes that build profitability. At the operational level, Joe is respected as a dynamic, …
29
Jun
Jun
Restoring and Ensuring Effective Nonprofit Finance Practices Decades ago, healthcare trailblazer Sister Irene Kraus moved her mantra of “No Margin. No Mission.” into the limelight. Underscoring this was her ahead-of-the-curve understanding that mission-centered organizations must have strong finance and compliance-related practices and expertise in place to be able to provide services in line with their …
19
Jun
Jun
Prioritizing People in Manufacturing – Why it Matters? As the saying goes in manufacturing, “if you don’t have the people, you don’t have the products.” While it’s unlikely that one could find an executive that disagrees with this sentiment, manufacturing entities nonetheless often operate in isolated silos with inadequate communication and interaction between the production …
15
Jun
Jun
vcfo Dallas welcomes Dennis Marshall as a Consulting CFO, bringing with him more than 15 years of experience. As an advisor to mayors and business leaders alike, Dennis is a performance-driven financial maestro able to conduct complex negotiations and analyses to develop new business opportunities and improve internal operations. Whether managing diverse teams or developing …
13
Jun
Jun
vcfo welcomes Brandon Green as Consulting CFO and Business Development Executive for the Austin market. Brandon Green joins vcfo as a Consulting CFO & Business Development Executive, bringing with him nearly 20 years of experience. Through a potent blend of strategic analysis and quantitative modeling, he excels at providing executives with a clear roadmap and …