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New Direction Capital’s Virtual CFO Services make it possible to help you grow and manage your business

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What to Do When Your Business Feels Stuck

It’s not uncommon for people to get stuck in a rut in their daily, personal lives. They get up in the morning, go to work, head home at night and … Read More →

What is a Manager’s Mindset and How Can It Help Your Business?

What is a Manager’s Mindset and How Can It Help Your Business? At one point in time, the only thing you had to worry about was doing what you do … Read More → Photo by rawpixel on Unsplash

How Being Creative Can Help You Grow Your Business

How Being Creative Can Help You Grow Your Business Creativity is something that people often assume other people have. Business owners and entrepreneurs might assume that being creative is something … Read More → Photo by rawpixel on Unsplash

What to Do Before Buying a Franchise

What to Do Before Buying a Franchise If one of your goals has been to own your own company, one way to do so is by purchasing a franchise. Many … Read More →

5 Goals for Every Business in 2019

As a new year begins, it’s common for people to reflect on their habits and processes and to consider new ways of approaching old problems. Goal setting is another common … Read More → Photo by NordWood Themes on Unsplash

Should You Adjust Your Business Strategy for the New Year?

Should You Adjust Your Business Strategy for the New Year? With the new year upon us, now can be the ideal time for you to examine your company’s business plan … Read More → Photo by rawpixel on Unsplash

The New Tax Law: How Does It Affect Your Year-End Tax Planning?

The New Tax Law: How Does It Affect Your Year-End Tax Planning? As the end of 2018 approaches, it time to start thinking about an important date in 2019: April … Read More → Photo by rawpixel on Unsplash

How to Build Trust With Your Team

How to Build Trust With Your Team Employees are going to be happier on the job and more likely to remain with a company if they feel that they can … Read More →

Under-Management vs. Micro-Management: Why Both Can Be Bad News for Business

When it comes to managing a team of people, it helps to tap into your inner-Goldilocks. Some managers are so concerned that they will be perceived as micro-managers that they … Read More → Photo by Eddie Kopp on Unsplash

Does Your Business Really Need That Technology?

Does Your Business Really Need That Technology? Technology has helped companies produce more, get more accomplished, and reach a wider customer base. Thanks to technology, it’s now possible for your … Read More →

How to Keep Growing When You’ve Hit a Plateau

How to Keep Growing When You’ve Hit a Plateau Although it might seem as if running a business means constantly climbing to new peaks and occasionally falling into valleys, the … Read More → Photo by rawpixel on Unsplash

Your Guide to Choosing the Right Vendor (and Why It Matters)

Your Guide to Choosing the Right Vendor (and Why It Matters) In the business world, a lot of attention is given to finding and retaining customers. While it’s true that … Read More →

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Don’t let growth come at the expense of company profit. Download our free PDF guide…

We know you have worked really hard to build your business, take care of customers and employees. You deserve a Virtual CFO who can manage all of your financials and implement strategies so you can confidently lead your business forward.

Company Value

How Is Your Company Capturing Value?

April 19, 2021

What does a company need to do to thrive and grow? You might think that increasing the size of its customer base, selling more of its products or services, and introducing new products are all keys to increasing profits. While it’s true that creating value is a crucial way for a company to set itself …

How Is Your Company Capturing Value?Read More

Zoom Burnout

How to Avoid Zoom Burnout

March 24, 2021

Whether they take place over Zoom, Google Meet, Microsoft Teams, or any of the other video conferencing platforms out there, video calls make remote meetings and conferences possible. They can also be more draining, physically and emotionally, than in-person meetings. As more and more people shifted to remote work as a result of the pandemic, …

How to Avoid Zoom BurnoutRead More

COVID-19 Vaccine

What Employers Need to Know About the COVID-19 Vaccine

February 17, 2021

The news that two vaccines against COVID-19 were approved for emergency use in the U.S. at the end of 2020 was welcomed by many. Although the initial rollout of the vaccines was slow, production and availability of each, as well as potential new vaccines, is expected to increase by spring of this year. The vaccines …

What Employers Need to Know About the COVID-19 VaccineRead More

Does Your Business Qualify for Round 2 of the PPP

January 28, 2021

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) created the Paycheck Protection Program (PPP) in March 2020. The goal of the loan program was to provide much-needed funds to businesses, allowing them to keep their team employed and providing financial support for other business operations. The loans were guaranteed by the U.S. Small Business …

Does Your Business Qualify for Round 2 of the PPPRead More

How a Virtual CFO Can Help You Keep the Peace in a Family Business

January 22, 2021

Around 20% of all small businesses in the U.S. are family-owned businesses, according to the Small Business Administration. A family-owned business is one that is operated by at least two members of the same family and one where the family has the majority of ownership control of the company. Just as things can get a …

How a Virtual CFO Can Help You Keep the Peace in a Family BusinessRead More

How Your vCFO Can Help You Make the Right Hires in 2021

January 5, 2021

As the owner of a business, you might already know all too well the expense involved in adding new members to your team. You might also be familiar with the cost of bringing on the wrong hire. Some estimate that bringing on a bad hire can cost companies hundreds of thousands of dollars. When money …

How Your vCFO Can Help You Make the Right Hires in 2021Read More

Manage Cash Flow

How a Virtual CFO Will Help You Prepare for the End of the Year

December 27, 2020

As the end of the year approaches, there are some things your business needs to do to ensure its success in the coming year, whether this has been your first year in business, your 10th, or your 50th. There are many loose ends to tie up before the clock strikes midnight on December 31. Working …

How a Virtual CFO Will Help You Prepare for the End of the YearRead More

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How a CFO can soothe CEO pain points

December 2, 2020

At this point, it might be an understatement to say that 2020 has been a challenging year. Businesses were forced to make many tough decisions, from laying off key employees to deciding where to focus their energy and attention. Some companies had to press pause on plans to expand and grow while others were forced …

How a CFO can soothe CEO pain pointsRead More

Profit Margins

Improve Business Profit Margins

November 5, 2020

Improving Profit Margins One way to measure the financial health of your business is to look at its profit margin. The profit margin shows how your company makes money. It’s a ratio that’s usually calculated by dividing business income by revenue. The most commonly referenced profit margin is the net profit margin, which shows how …

Improve Business Profit MarginsRead More

Business Growth

How a Virtual CFO Can Help Improve Your Business Relationships

October 20, 2020

What does your business need to succeed? You might be surprised to learn that it’s not the best product or the most innovative service. It’s not offering the lowest price, nor is it breaking certain records. Your business’ continued health and longevity depend in large part on the health of its relationships. Those relationships might …

How a Virtual CFO Can Help Improve Your Business RelationshipsRead More

Image courtesy of jk1991 at FreeDigitalPhotos.net

Build resilience and avoid stress through the pandemic

September 9, 2020

Life and business both have their ups and downs. As the COVID-19 pandemic continues to keep many businesses shuttered and continues to wreak havoc on the economy, many business owners are finding themselves up against previously unforeseen challenges. Your emotional resilience influences how you respond to those challenges, both on a personal and professional level. …

Build resilience and avoid stress through the pandemicRead More

Manage Cash Flow

How Consultants Can Manage Cash Flow During a Pandemic

August 26, 2020

At this point, it is an understatement to say that the COVID-19 pandemic has rattled businesses to the core. Many are trying to find ways to stay afloat after prolonged closures and many are trying to find ways to win back customers who might be trepidatious about going out and about or spending money on …

How Consultants Can Manage Cash Flow During a PandemicRead More

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