Even before the pandemic, the ever-changing world of technology meant workers had to be able to quickly pick up on new skills to take advantage of new innovations. But since COVID started to change the world, the need for picking up on new technological skills...
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Finance Directors and CFOs are similar business positions with some shared responsibilities; this can make choosing which position to hire for a tricky decision. Let’s discuss the basics of both positions and how they differ from one another so your business can hire the proper...
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The outdated stereotype of a Chief Financial Officer (CFO) is someone who focuses solely on finance and accounting functions - their world is just about the numbers. However, in 2022 a CFO is tasked with a wide variety of responsibilities, and not all of them...
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R&D expenditures are defined as any spending of money for the purpose of developing or improving a product. In order to get tax benefits from your company’s R&D, you need to understand what defines a product and how to leverage this into a tax benefit....
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The parties associated with the business acquisition process are interested in a business’s cash flow for obvious reasons. Why acquire a business that is not growing and thriving, or at least has the potential to do so? Despite the necessity of needing to establish your...
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Debtor days are the days between when you complete work for a client and when they pay you for your deliverables. In other words, if you have a high amount of debtor days, this means it takes longer for clients to pay you for the...
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Whether you’re experienced with the 401K process or you are accepting your first position where a 401K plan is offered, understanding all the elements of the plan is important to properly manage your personal finances in 2022. During tax season, a hands on approach to...
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CFO services may seem out of reach for small business owners today. However, this is far from the case. Being overwhelmed with finances as a small business owner is not the norm as some believe it to be in 2022. Outsourcing your small business CFO is...
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Instead of trying to handle all business accounting challenges on your own, or hiring costly full-time accountants to work in-house, outsource the work to experienced and trustworthy accounting specialists. Looking to improve and grow your business bottom-line in 2022? If so, outsourcing your business accounting services...
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Credit can sound like a bad word - whether it’s for personal use or purchasing items and services for a business. In reality, with a credit card that’s used wisely and with a budget in mind, it’s not a bad idea to open a line...
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