3 Ways Formal Accounting Procedures Improve Your Operations and Bottom Line
Formal accounting procedures not only ensure accurate financial statements, but they help your business avoid costly mistakes. Without proper accounting procedures, accounting errors – varying in magnitude from a ‘quick fix’ to ‘a costly disaster’ – will regularly occur. These speed bumps can stop a business in its tracks if an owner or management team […]
How CFOx Can Be Any Small Business’ CFO
Not every business needs a traditional, full-time CFO. However, having a certified accountant or finance professional in some form is crucial to any business’ success. Whether you’re a new business, a growing business, or an evolving business, at CFOx, we understand there is not a one-size-fits-all approach to your company’s books and financials. That’s why […]
The 100 Day Plan: How to Set Your New Acquisition Up for Success
After months of discussions and negotiations, your business or investment firm has acquired a new company. The new acquisition checks all the boxes: shared culture, expands your geographic footprint, and offers new products or services. So what’s next? It’s time to execute a “100 Day Plan,” and a critical component of that plan is integrating […]