Tag Archives: CFO Consulting

Build the Best Budget for Your Business

As we begin Q4 and near year-end, businesses should begin preparing for 2017. While many companies may begin aligning its workforce or implementing strategies around technology process improvements, now is the time to dive into budgets. Budgeting and forecasting enables businesses to determine the right process and people improvements based on their individual growth plans, …

Recruiting Millennials

As members of another generation, whether you’re a Baby Boomer or part of Generation X or Y, communicating with the Millennial Generation can oftentimes require methods or tools you don’t normally use. Born between 1982 and 2004, you need different communication tools to connect effectively with this generation. As professionals outside of this generation, we …

What you need to know about accounting for Digital Currency

In the past 50 years, we’ve experienced one of the greatest evolutions in the payment industry: the credit card. Enabling people to make purchases and send or receive money digitally, the credit card minimized society’s use of cash and checks. For accountants, this introduced a new way businesses are paid and how they pay their …

Considering international sales? Five questions to help balance credit risks and competitiveness

For many companies, a jump to international sales can open up exciting growth opportunities. But it can also be much trickier to balance risks and rewards in foreign markets compared to domestic markets. Credit risks in payments are a case in point. This blog post examines the risks of typical international payment structures as well …

Celebrating 20 Years of Service

As CEO and founder, I’ve had the opportunity to watch vcfo grow throughout its 20-year history. Over the years, we’ve worked with more than 3,000 clients of various industry segments, sizes, life cycles and locations. While our original core offering was fractional or part-time CFO solutions for small, start-up or emerging businesses, we’ve grown just …

Cash Preservation

Cash preservation is typically a top of mind concern for any business. Having provided CFO consulting for many start-ups and growing businesses, I’ve seen this be particularly important. In many cases, a course of action has a different result from a cash flow perspective than a profit perspective. A decision may make sense from a …

Complexity vs. Simplicity: Knowing the Audience for Your Valuation

The world of finance and valuation, in particular, can be intimidating. Whether it’s the valuation of common stock for your personal portfolio or the valuation of a mid-market company with diversified operations generating $50 million in revenue, each analysis has one common goal: turn inputs into outputs. Period. Nothing more. Nothing less. The rise of …

Someday I’ll Be A Unicorn

Friday afternoons are always days that I tend to wax philosophic. This Friday’s musings got kicked off by a post that a good friend shared with me about GAFAnomics, basically a shrine to Google, Apple, Facebook and Amazon as pillars for the “new economy”. Not to take anything away from the success of these companies, but I have heard this song and …

Top 8 Things CFOs Should Ask Before Year-End

It’s year-end. You’ve likely been focused on critical Q4 initiatives, such as completing financial projects, providing restructuring solutions or developing budgets. For many CFOs, you’ve likely spent the past few months working on the 2016 budget, so it’s time to get back to business. While you were focused on budgets, reviews and projections, your employees …

Expense Planning: Understanding the Sensibility of Cash

Recently, I presented the webinar, “Expense Planning: Understanding the Sensibility of Cash.” We covered a variety of topics, including expense characteristics, where expenses are found, expense types for planning and planning methodologies. Expense Characteristics While all companies strive to minimize expenses wherever possible, business can operate within varying cost structures. Yet regardless of the cost …