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Posts tagged Operational Advice

Top Three Mistakes to Avoid When Growing Your Restaurant Empire

07.10.2017 | Published By:

Bill Schwartz, Austin

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Half of all restaurants close within three years of opening. In fact, what makes a restaurant owner successful when they have one location can make them unsuccessful with multiple locations and concepts. Learn the three fatal mistakes that you should avoid when growing your restaurant empire and the recipe for financial (as well as culinary) success.

Tags: entrepreneurship,strategic planning,operational advice,small business management

How to Fund Your Business

06.22.2017 | Published By:

Carter Freeman, Denver

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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. Learn some tips for navigating this process effectively.

Categories: Finance

Tags: financial strategy,strategic planning,financial consulting firms,financial services,operational advice

Do You Need a CFO?

05.22.2017 | Published By:

Steven A. Cook

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I often get asked by my peers if their company needs a CFO 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. This post explains four key job responsibilities of CFOs and highlights red flags, which are helpful for deciding if it might be time to consider hiring a full time or part time CFO.

Categories: CFO Consulting, Executive Placement Consulting

Tags: strategic planning,cfo consulting,hiring manager,recruiting candidates,recruiting firms,hiring,executive leadership,operational advice

The Best of vcfo Webinars: Expert Training for Your Business

02.16.2017 | Published By:

Megan Miller, Austin

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With 2017 still new and full of possibility, we thought it was the perfect time to revisit some of our most helpful webinars from recent years.

Categories: Finance, Recruiting, Human Resources, Executive Placement

Tags: strategic planning,financial strategy,operational advice,small business management,risk mitigation,executive leadership

Improving Manufacturing Profitability: A Four-Step Plan

12.08.2016 | Published By:

Kurt Ostermiller

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Many manufacturing firms fail to fully understand the true costs associated with their product lines. This fout-step plan is designed to maximize gross margins when managing product lines.

Categories: Finance Consulting

Tags: strategic planning,operational advice,measuring success

Big Data, HR Analysis and HR Metrics

06.24.2016 | Published By:

Cindy Gunderson, Austin

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Cindy Gunderson, Senior HR consultant at vcfo, speaks about the importance of collecting and using various HR data points to help HR add value to businesses. 

Categories: Human Resources, Human Resources Consulting

Tags: hiring methods,hiring manager,hr compliance,hr consulting firms,operational advice,small business management

Effective Methods for Projecting Revenue

04.09.2015 | Published By:

Carter Freeman, Denver

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When it comes to revenue planning, there are a few different ways to gather relevant data needed to produce a comprehensive budget: resource-based projecting, market-based projecting and analog-based projecting. Managing Director Carter Freeman discusses each planning methodology and how to produce an effective budget with realistic sales forecasts.

Categories: Finance, Finance Consulting, CFO Consulting

Tags: financial strategy,operational advice

Top Blogs of 2014

12.16.2014 | Published By:

Katie Brown, Austin

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vcfo looks back to some of the most popular blogs of 2014. Whether you’ve read them before or are seeing them for the first time, we hope that vcfo has provided you with knowledgeable, informative content, and we look forward to continuing to share our financial, HR and recruiting expertise with you in 2015.

Categories: Finance, Recruiting, Human Resources, Executive Placement, Finance Consulting, CFO Consulting, Recruiting Consulting, Human Resources Consulting, Executive Placement Consulting, About vcfo

Tags: financial consulting firms,operational advice,financial strategy,strategic planning

Growth Opportunity: The Demand Chain

08.07.2014 | Published By:

Art Saxby

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Is your company aiming to perfect operational efficiencies through the Supply Chain? In this article from Chief Outsiders President Art Saxby, he challenges this thinking and offers a new operational solution—the Demand Chain.

Categories: Finance, Finance Consulting

Tags: executive leadership,strategic planning,operational advice

Managing Organizational Growth

06.04.2014 | Published By:

Jeffrey L. Minch, Austin

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Company growth is a very good problem to have, but when poorly planned, it is fraught with peril. Jeffrey L. Minch, a CEO coach and advisor, shares his insights on how to best manage a growing company.

Categories: Finance Consulting, CFO Consulting

Tags: executive leadership,operational advice

The Foundation of Operations: Building a Strong Team and Mentoring its Growth

02.05.2014 | Published By:

Mike Wilfley, Austin

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CFO Mike Wilfley discusses how the foundation of operations is about team management.

Categories: Finance, CFO Consulting

Tags: operational advice,hiring methods,executive leadership

Seven Common Mistakes in Strategic Planning

01.21.2014 | Published By:

Carter Freeman, Denver

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Denver Managing Director, Carter Freeman, walks through seven common mistakes made in strategic planning, and how to get the most out of these types of planning sessions.

Categories: Finance, CFO Consulting

Tags: strategic planning,executive leadership,operational advice,cfo consulting

SEO for the CEO: What You Need to Know About SEO Strategy

08.06.2013 | Published By:

John Rasco

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This guest post from John Rasco is the first of two parts. Rasco is founder and president of RefreshWeb, a B2B search marketing firm. His experience encompasses running an ad agency, marketing director for a public company, and 25 years of tech marketing, working with dozens of companies, from start-ups to global brands. RefreshWeb specializes in optimizing websites for business growth, with clients across the U.S.

Categories: Finance, Human Resources

Tags: strategic planning,measuring success,operational advice

Sharing the Results with Everyone

06.27.2013 | Published By:

Mike Wilfley, Austin

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Growing companies face many challenges. Have you ever wished you could get all the people on your team pulling in the same direction? Consulting CFO Mike Wilfley provides his thoughts on open book management.

Categories: Finance, CFO Consulting

Tags: strategic planning,cfo consulting,executive leadership,operational advice

Tips for Employee Retention and Turnover Reduction in Today’s Competitive Market - Part Two

06.10.2013 | Published By:

Laurie Holsman, Austin

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Executive Recruiter Laurie Holsman recently blogged about tips for employee retention and turnover reduction in today's competitive market. Read the second installment of her blog post.

Categories: Recruiting, Recruiting Consulting, About vcfo

Tags: recruiting firms,executive leadership,employee retention,operational advice

Shopping Your Insurance Carrier (and Your Broker)

05.29.2013 | Published By:

Carter Freeman, Denver

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Denver Practice Manager Carter Freeman shares his method of finding the best insurance for your business. It is worth shopping around and sometimes re-evaluating the relationship with your broker.

Categories: Finance, Finance Consulting, CFO Consulting

Tags: financial consulting firms,executive leadership,cfo consulting,operational advice

Tips for Employee Retention and Turnover Reduction in Today’s Competitive Market

05.22.2013 | Published By:

Laurie Holsman, Austin

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In the first of this two-part series, vcfo Executive Recruiter Laurie Holsman provides some tips on retaining employees and reducing turnover.

Categories: Recruiting, Recruiting Consulting, About vcfo

Tags: recruiting firms,employee retention,operational advice

Processes and Systems Save the Day

05.15.2013 | Published By:

Louise Tieman, Seattle

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A case study of how a company set up their systems for real time data utilization to access transactions on regular 20 minute increments.

Categories: Finance, Finance Consulting, CFO Consulting

Tags: strategic planning,executive leadership,increased productivity,technology business strategy,operational advice

The Top 10 Points to Consider When You Outsource CFO Services

05.01.2013 | Published By:

Ellen Wood, Austin

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Looking for an interim CFO and not sure what to look for? vcfo shares our "Top 10 Points to Consider When You Outsource CFO Services".

Categories: Finance, Finance Consulting, CFO Consulting, About vcfo

Tags: hiring,strategic planning,executive leadership,financial consulting firms,cfo consulting,operational advice

My company is profitable, so why can’t I make payroll?

12.20.2012 | Published By:

Tom Murphy, Seattle

When struggling to make payroll take a look at your capital and cash management to better understand the company's cash cycle.

Categories: Finance, Finance Consulting

Tags: strategic planning,measuring success,cash flow management,operational advice,financial strategy

Does insurance really cover your risk?

10.15.2012 | Published By:

Tim Dahltorp, Denver

Many businesses only think about risk one time a year. That time is typically when it is time to renew the property and casualty, general liability and D&O policies. For many businesses, this becomes a routine and mechanical process, when in fact it should be a very vigorous and strategic aspect of running the business on a day to day basis.

Categories: Finance, Finance Consulting

Tags: risk mitigation,operational advice,cfo consulting

The Single BEST way to prevent FRAUD – part two…

09.17.2012 | Published By:

Louise Tieman, Seattle

I was talking to a colleague and he asked me for my thoughts regarding a particular client of his who was dealing with the issue of FRAUD. After we talked about it for a while, I realized this conversation would be very helpful to many business owners and executives who may or may not be aware fraud might be going on in their business and they don’t even know it.

Categories: Finance, CFO Consulting

Tags: preventing fraud,cfo consulting,operational advice

Fraud – is it happening in YOUR Company? Part one…

09.04.2012 | Published By:

Louise Tieman, Seattle

I was talking to a colleague and he asked me for my thoughts regarding a particular client of his who was dealing with the issue of FRAUD. After we talked about it for a while, I realized this conversation would be very helpful to many business owners and executives who may or may not be aware fraud might be going on in their business and they don’t even know it.

Categories: Finance, Finance Consulting, CFO Consulting

Tags: preventing fraud,cfo consulting,risk mitigation,operational advice