Finance Archive

Virtual CFO Services

CFOs control the key financial and accounting aspects of the business.  However, most small companies don’t have the resources or the need for a full time professional CFO, so this function is often performed by the owner or other staff members who aren’t equipped to manage these crucial elements. Without the input and guidance of an experienced [&hellip

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Successful Cash Flow Management

Because having cash at the right time is so important, entrepreneurs must pay close attention to cash management. Here are some tips for saving money and managing cash flow: Make financial projections. Forecast both expenses and anticipated revenues for at least the coming year. This will help you predict when you’re likely to have cash [&hellip

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Credit Policy

A credit policy is the blueprint used by a business in making its decision to extend credit to a customer. The primary goal of a credit policy is to avoid extending credit to customers who are unable to pay their accounts. The credit policy for some larger businesses can be quite formal, involving things such [&hellip

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