Navigating a New Era of Retail – Three Financial and Operational Factors The market and operating environments of retail businesses have undergone dramatic transformations since the turn of the millennium; transformations that accelerated significantly more with the outset of the COVID pandemic. While some retailers have navigated these shifts to a point of better business …
Tag Archives: CFO Consulting
13
Apr
Apr
With the current uncertainty in the market, have you taken steps to prepare for various contingencies? Are you confident in your plan? The following articles from our consulting team may be helpful to you as you review your own checklist: How to Fight Inflation: 14 Tips for Business Owners Inflation remains high despite the best …
30
Mar
Mar
Building Blocks and Best Practices for Driving Business Value Business valuation is not an original or uncommon topic. It is, however, one that business owners and leaders should be far more focused on and reminded of often. That’s because many who start a business don’t always fully consider business value when developing their original strategy …
17
Mar
Mar
How Attention to Inventory Can Make or Break Manufacturers A major factor in determining the success of a manufacturer is how well it manages its inventory. When manufacturers have too little inventory, they can’t fully meet customer demands and lose out on revenue as a result. When manufacturers have too much inventory, they trap cash …
02
Mar
Mar
Challenges Faced by Professional Services Firms (and How a Strategic CFO Can Address Them) Professional services firms are unique entities. For them, hard assets like inventory, furniture, and machinery which are common in many businesses, are relatively few. Instead, their assets are their people. Some may think that makes financial management and strategic planning in …
15
Feb
Feb
Lee Ann James has joined the vcfo, serving the greater Houston, Texas area as a Consulting CFO. Lee Ann is an accomplished consulting CFO with more than 20 years of experience. She is highly effective at executing finance function strategically, establishing financial and risk controls, and overseeing capital structure. Lee Ann’s depth and breadth of …
22
Jul
Jul
ASC 842 is a new accounting standard set forth by the Financial Accounting Standards Board (FASB). It includes significant departures from its predecessor (ASC 840), applies to both lessees and lessors, and will have far-reaching impacts on many businesses. These impacts will include major changes to accounting practices and financial reporting, as well as increased …
14
May
May
The vcfo team continues to expand with the recent addition of Consulting CFO Elbert Johnson. Elbert is a senior finance professional with nearly three decades of experience in financial reporting and analysis, banking and credit relationships, treasury-cash management, profit improvement, budgeting and forecasting, and e-commerce across multiple industries. He is particularly skilled in implementing effective …
21
Apr
Apr
vcfo is delighted to announce that Gary Golden has joined the vcfo Dallas team as a Consulting CFO. Gary is a finance professional with more than 45 years of expertise in business development, global accounting, and process improvement across multiple industries. With a detail-oriented and results-driven work style, his forte lies in implementing effective cost …
31
Mar
Mar
Engaging a virtual or fractional CFO as an outsourced resource is an excellent step for companies that need senior-level finance expertise but cannot afford to recruit or engage a full-time CFO. It’s important to ask the right questions to set the relationship up for success. Through our work providing teams of CFOs, controllers, and HR …