One of the things you learn quickly when you own and operate a business is that you need to wear many hats. Your role changes week to week and, it might seem, from minute to minute. When you hire a virtual CFO to help manage and grow your company, you’ll quickly learn that they also …
Tools to help grow your business
New Direction Capital’s Virtual CFO Services make it possible to help you grow and manage your business
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 → 
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 → 
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 → 
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 → 
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 → 
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 → 
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 →
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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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.
What Your Business Can Do to Fight Inflation
If inflation has you worried, you’re not alone. In June 2022, inflation hit a 41-year-high, peaking at 9.1%. The cost of items most companies need to operate daily, from fuel to food, shot up. On top of rising prices, the cost of borrowing money has gone up, due to an increase in interest rates. As if …
How to Hire a CEO
Businesses that succeed will most likely find themselves needing to hire more people as the company grows. In some cases, the people you need to hire will be at the top of the company, taking on executive roles. Occasionally, you may even have to hire the top-most position, the chief executive officer. CEOs have massive …
What Is a 5 Year Business Plan?
As you manage the day to day operations of your company, it can be difficult to see beyond the of the week, much less the end of the quarter or year. But putting together a plan that maps out a strategy for your company over the next few years is key to your business’ success. …
5 Unexpected Benefits of Hiring a Virtual CFO
By now, you’re probably well aware of many of the ways a virtual CFO can help your company. Working with a virtual CFO can give your business’ finances a boost, help you plan your next steps, and help you find needed funding. But there are other benefits of working with a virtual CFO that go …
Tips to Help You Be the Best CEO Possible
A company’s success starts at the top. If you’ve recently been made the CEO of a business, you probably want to do as much as possible to ensure you succeed in the role and that you do the best job possible. The better prepared you are for the CEO role and the more you do …
7 Signs It’s Time to Hire a vCFO
On the surface, everything might seem to be going well with your company. Your sales are great, you’re taking on new customers, and you’re hiring new employees regularly. But on closer look, your company might not be doing as well as it seems. You might feel stressed out or unsure of what to do next. …
Startup CEOs: Tasks to Outsource to vCFO
If you’re the CEO of a startup, you’re probably wearing a lot of hats and juggling multiple roles at the moment. Although trying to take on every aspect of running a new company can seem like an ideal way to cut costs, in the long run, it’s more likely to lead to burnout. Trying to …
How to Solve Challenges With a CFO Part 5: Staying Ahead of the Competition
Being in business means facing and overcoming multiple challenges along the way. We’ve been taking a close look at how CFOs can help CEOs navigate the many challenges that come their way, from developing a strong plan for growth to navigating change and hiring the right talent to making a plan for management transition. Now, …
How to Solve Challenges With a CFO Part 5: Staying Ahead of the CompetitionRead More
How to Solve Challenges With a CFO Part 4: Training New Leaders
We’ve been looking closely at how a virtual CFO can help CEOs cope with many of the challenges they face. So far, we’ve explored how a vCFO can help your company navigate change, plan for growth, and retain top talent. Now let’s take a closer look at another pressing issue: How to develop an effective …
How to Solve Challenges With a CFO Part 4: Training New LeadersRead More
How to Solve Challenges With a CFO Part 3: Retain Top Talent
We’ve been exploring the ways a virtual or outsourced CFO can help CEOs manage common challenges. In the first two sections, we looked at how a vCFO can help you navigate changeand map a plan for growth. Now we’re going to focus on an issue that’s at the front of many CEOs’ minds today: employee …
How to Solve Challenges With a CFO Part 3: Retain Top TalentRead More
How to Solve Challenges With a CFO Part 2: Planning for Growth
When you first launched your company, you might not have had great expectations for its future. It could have been the case that you were expecting the business to operate for a few years, then shut down. Or, you might have thought that you could keep doing what you were doing indefinitely. The reality is that …
How to Solve Challenges With a CFO Part 2: Planning for GrowthRead More