As a business owner, you may have heard various accounting terms thrown around, such as balance sheet, cash flow, and profit and loss statement. However, it is essential to have a clear understanding of these terms to make informed financial decisions for your...
You may be wondering the benefits of Outsourced Bookkeeping and Accounting. Bookkeeping and accounting services have become one of the most outsourced functions in small to medium-sized companies. Today’s businesses function in a hybrid remote and on-premises staffing...
Payroll security and payroll information protection are critical to the financial well-being of any business and their employees. A secure payroll system reduces the risk of external threats such as data breaches, and internal threats such as time sheet fraud. What is...
Let’s talk about the boring side of your business. Financial statements and cash flow analysis are things that may scare and intimidate business owners because they do not know how to use them. Businesses today are challenged in ways they have never been challenged...
If you are like most nonprofit businesses, you are keenly aware of the financial and bookkeeping challenges it takes to successfully run your business. A nonprofit’s day to day operations are the same as any other business but you need to make especially smart hires...
When you work with Capital CFO+, you’ll experience a number of benefits that will make your life easier as a business owner. Here are just a few benefits you can expect when you outsource your bookkeeping and financial services with Capital CFO+: Outsource Bookkeeping...
If you’re a small business owner or nonprofit leader looking to save both time and money, there are a number of reasons why you should outsource bookkeeping. Here are six benefits to outsourcing your bookkeeping: More time for your business. Because there’s never...
Your CFO is not only responsible for a company's finance and accounting function, they need to also be a a strategic partner who can help analyze a business’s strengths, weaknesses, and will assist in putting together a strategic plan. A CFO should be a forward...
Your finance team is responsible for your company's bookkeeping, reporting, data analysis, paying bills, sending invoices, tracking the AR, and helping you grow. Their knowledge of needs to go beyond reporting the numbers. A CFO can help to identify cost saving...
As a business owner, invoices are sent to customers who are not paying immediately after a job has been completed or a service was provided. Customers will be paying at a later time and an invoice is sent to break down the cost owed to you. A bill is money owed to a...
