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Tools to help grow your business

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.

Risk Management

Risks a vCFO Can Help CEOs Take in 2023

January 24, 2023

Without a bit of risk, it’s impossible to reap any rewards. As you run your company, you may feel bogged down by your daily responsibilities, so much that thinking about the future or even considering any risks becomes impossible. That’s where an outsourced CFO, or virtual CFO, can step in. The vCFOs at New Direction …

Risks a vCFO Can Help CEOs Take in 2023Read More

CEO Relationships with CFO

CEO Relationships with CFO

January 5, 2023

One of the most important relationships in a business is between the company’s CEO and CFO. The CEO/CFO relationship is vital whether you work with a full-time, in-house CFO or have hired an outsourced, virtual CFO. Your company’s vCFO helps the CEO take steps toward fulfilling your mission and reaching your goals. The vCFO can …

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How a vCFO Can Help CEOs Manage Workforce Challenges in 2023

December 22, 2022

2023 is nearly here, and one concern looms large in the minds of CEOs: the workforce. According to an annual survey conducted by Gartner, workforce concerns are among the top 10 priorities for CEOs in the new year. More than 30% of CEOs surveyed stated that the workforce was one of the top strategic business …

How a vCFO Can Help CEOs Manage Workforce Challenges in 2023Read More

New Direction Capital

Steps to Take to Grow Your Business in 2023

December 17, 2022

Another year is almost at an end, which means it’s time to start looking ahead and making a plan for the next 12 months. Even though it hasn’t started yet, 2023 promises to be somewhat challenging for businesses, with many companies constricting, laying off employees, or otherwise tightening their belts. But 2023 doesn’t have to …

Steps to Take to Grow Your Business in 2023Read More

Networking

How a vCFO Can Help You Build Your Network

November 29, 2022

One often repeated cliche in business circles is that it’s “not what you know, but who you know.” While that sentiment isn’t 100% accurate, there is some truth behind it. The more people you know and the deeper your business connections and relationships, the easier it will be to build and grow your company. Many …

How a vCFO Can Help You Build Your NetworkRead More

Alternattive Lenders

What Are Alternative Lenders?

November 15, 2022

Whether you’re starting a new company or growing an existing one, you need financing to take the next step. Traditionally, it’s been challenging for small or newly established businesses to get loans from banks and traditional lenders. Newer companies don’t have a credit history and smaller businesses often don’t have much financial clout. In recent …

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Company's Mission

Signs You Need to Hire a CFO in 2023

October 31, 2022

As 2023 approaches, you may be in the process of setting goals and resolutions for your company. Depending on your company’s needs and situation, working with a virtual or outsourced CFO can help your company achieve its goals in the new year. If you’re not sure if now’s the time to hire a vCFO, here are …

Signs You Need to Hire a CFO in 2023Read More

Year End

How a vCFO Can Get Your Company Ready for 2023

October 25, 2022

It’s hard to believe it, but another year is almost drawing to an end. 2022 has been a year full of ups and downs for many businesses, as companies scrambled to retain or find employees, inflation increased, and a recession loomed. As the year comes to a close, you may be looking forward to 2023. …

How a vCFO Can Get Your Company Ready for 2023Read More

Certain habits can help you enjoy a better work-life balance and increase your chance of business success.

Habits to Cultivate for Business Success

October 20, 2022

For many business owners, success doesn’t happen overnight. Instead, it builds steadily and requires a fair amount of dedication and commitment. Working with the right team, such as hiring a virtual CFO to help you manage your company’s finances and develop strategic plans, is one way to get on the path to success. Developing and …

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Zoom Burnout

How to Decide if You Need to Layoff Employees

October 6, 2022

After months of hearing about the Great Resignation, during which unprecedented numbers of employees resigned or quit their jobs, the news cycle has switched gears and is now focusing on impending layoffs. Companies across industries are contemplating or in the process of letting go of some of their employees. Deciding to lay off employees is …

How to Decide if You Need to Layoff EmployeesRead More

Virtual CFO Services

The Four Faces of a CFO

September 22, 2022

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 …

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Strategic Plan

What Your Business Can Do to Fight Inflation

September 8, 2022

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 …

What Your Business Can Do to Fight InflationRead More

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