Business growth isn't something that just happens to a company. It's typically the result of careful planning and strategy. One challenge many business owners face is that they aren't sure what to do or how to grow their companies. If you feel that your business is ready to take the next step or … Read more about 4 Ways to Grow a Business
As of July 2018, the unemployment rate in the US was 3.9 percent, according to the Bureau of Labor Statistics. The unemployment rate isn't just lower than it was during the time of the recession, it's lower than its ever been before. That can be great news for people looking for work, as there are … Read more about How to Land Your Dream Hire
The chief financial officer at a company is usually responsible for the reporting of financial information, for understanding the business' financial condition and for developing a strategy to help a company grow and succeed. A CFO is an executive-level position and usually comes with an … Read more about How Can a Fractional CFO Help Your Company
Although you might assume that the only time you need to know your business' value or worth is right before you list the company for sale, having an understanding of what it can be worth can help you map out a plan for your company and shape its future. There are multiple variables you can use to … Read more about How Do You Know What Your Business is Worth?
When it's time to raise capital for your business, you generally have two options. You can seek out debt financing, in the form of a loan, or you can seek out equity financing, which means that an investor agrees to purchase a portion of your business. The process of applying for debt financing is … Read more about How (and Why) to Think Like an Investor When Seeking Financing
How often do you take a look at or review your business' financial statements? If you save the review for the end of the year or figure that it is a task reserved for your accountant or virtual chief financial officer, it can be worth taking a second look. Reviewing your financial statements, such … Read more about 4 Reasons Why You Should Review Your Financial Statements Each Month
What to Do to Reverse a Business Downturn Your business might be performing well at the moment and you might be hitting your revenue and sales goals and on track for future growth. But things can change quickly in the business world. Whether a general economic downturn occurs or a slowdown happens … Read more about What to Do to Reverse a Business Downturn
Is your business making the best use of its time? Depending on who you ask, employees and CEOs waste anywhere from a few minutes to a few hours each day, doing things that aren't the best use of their time. While spending a few minutes checking social media or email during the workday might not seem … Read more about How to Cut Out Time-Wasters That Are Standing in the Way of Your Business’ Growth