Tag Archives: CFO Consulting

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 …

5 essential steps for navigating seafood business marketplace uncertainties

These are interesting times for seafood companies and fisheries based in Washington state. A confluence of factors, including changing ocean conditions and intense international competition are introducing uncertainties that complicate business decision making. It all begs the question of what seafood businesses can do to stay strong in the face of rapid environmental changes and …

Top Blogs of 2016

As we kick off the new year, we are remembering our most read blogs from 2016. From compliance to strategy to valuation, we covered a variety of finance, HR and recruiting topics and best practices, realized through our own experiences and takeaways from helping clients address their business needs and concerns. 1. Complexity vs. Simplicity: …

How suppliers can prepare for aircraft manufacture cost-cutting demands: 5 key steps

From a competitive standpoint, 2016 has been a choppy year for major aircraft manufacturers. Intense pricing competition between Airbus and Boeing, as well as increasing competition from Bombardier, have led both companies to pursue cost-cutting efforts. The ripple effects to suppliers from Boeing’s latest efforts, including requests for longer payment terms, have significant business implications. …

6 Ways Restaurants Can Avoid Unnecessary Credit Card Processing Costs

The pressures on restaurant owners and managers are relentless. New competition. Shifting economic conditions. Changing tastes. All kinds of constantly evolving business considerations make it easy to get caught up worrying about things like customer service and turnover while revenue and profits slip away. In fact, when we provide CFO consulting services to restaurants, we …

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 …