Creating an effective Board - Executive Director relationship is critical to the success and strategic growth of a nonprofit organization. The nonprofit Board of Directors exists to provide governance oversight, high-level strategic positioning and accountability for...
Many business owners, especially small business owners, wear many hats in the day-to-day functions of their business. Rarely is bookkeeping a passion or a skill set they possess. Hiring the right bookkeeper can make a difference in the financial management of the...
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...
At Capital CFO+, we have one goal in mind, we want to work in your business so you can work on it. We work with a number of businesses throughout Saratoga, Clifton Park and the Glens Falls area. All of our services are virtual, making it easy to help you run your...
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...
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...
After carefully tracking and accounting for all transactions, a presentation of the financial statements helps business owners stay on top of their financials. It is helpful to start with the balance sheet, move on to the income statement, and end with your cash flow....
Grants need to be accounted for at all times and many organizations do not realize that it is necessary to establish proper and transparent accounting practices in order to manage grants and continue to receive them. All income and expenditures from the grant need to...
