Your hard work is paying off, and your business is growing—time to spread your wings and flyeven higher. With growth comes new responsibilities, challenges, and complexities to runningyour business, particularly in managing your finances, making this the perfect time to bring in fractional chief financial officer (CFO) as a catalyst for growth in your business. …
There are two kinds of surprises in the world: the fun ones like gifts and the not-so-fun ones like finding out Q1 revenue is going to fall 30% short of target. Fortunately, tools exist to help your business better monitor what’s going on—with the idea that you can cut down on the number of unfun …
Creating and Using KPI Dashboards in Middle Market Companies Read More »
You have poured your heart and soul into building your business. Countless late nights and early mornings, the highs of success and the lows of setbacks—and now you find yourself at a crossroads. More and more, you’re thinking of selling your business. For a business owner, the decision to sell is both deeply personal and …
How an Interim CFO Can Help You Prepare to Sell Your Business Read More »
Let me tell you a story. I learned how to do 13-week cashflow forecasting in a trial by fire. It was early on in my consulting career, for my first client as Marren Consulting. I was about to go on vacation, but the client had just taken me on. They had just launched a new, …
Cashflow Control: Why 13-Week Cashflow Forecasting Gives Your Business an Edge Read More »
Say the word “budget” to a group of people, and you’re likely to get a collective groan or an eye roll. Just the mention of the need to track expenses and scrutinize financial details has the power to kill the buzz in almost any conversation. But it shouldn’t. The budget should be your business’s foundation, …
How Planning for Financial Accountability Helps You Build a More Stable Business Read More »
“You can’t run a business without taking risks,” said Millar Drexler—who as the former CEO of J. Crew and Gap knows a thing or two about risk. But you don’t have to be the CEO of a company with household name recognition to know that every business faces risk. Risk profiles, though, differ significantly between …
Five Ways to Master Middle Market Risk Management Read More »
Whether you are raising capital, navigating significant growth, or managing the departure of your chief financial officer (CFO), there are times when a firm needs to bring in strategic financial expertise. An interim CFO is often the right answer. This article explains what an interim CFO is, when to hire one, and how to evaluate …
As a business owner or leader, you need financial expertise to guide and grow your business. Financial clarity and trusted counsel will help you make the best, most informed decisions. Many rapidly growing businesses, though, don’t have a full-time chief financial officer (CFO) on staff, or the resources to offer compensation commensurate with high-level expertise. …
The Role of a Fractional CFO in Strategic Financial Planning Read More »
