Blog

selling a business
Virtual CFO
Steve

Selling a company

How to Prepare Your Company for Sale You’ve spent years building a small business from the ground up. Now it’s time to retire, sit back,

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purpose of financial forecasting
Virtual CFO
Steve

Purpose of financial forecasting

Why It’s Necessary to Forecast Your Financials The future is unpredictable. That’s the only thing that’s certain about the future. You probably saw that statement

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Digital Assets
Virtual CFO
Steve

Digital Assets

Digital Assets and Precious Metals: Alternative Reserves for Cash The national and global economy changed dramatically over the past 20 years. These changes have seen

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production costs
Industry
Steve

Production Costs

Production Costs: Paramount to Business Success Production costs, manufacturing costs, break even, full absorption, etc. These terms can stress a small business owner. Some of these

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Controller Accounting
Outsourced accounting
Steve

Controller Accounting

Controller Accounting: When do you need one? The accounting world has many different rules and requirements. From accrual accounting to full absorption to revenue recognition,

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Fractional bookkeeper
Outsourced accounting
Steve

Fractional Bookkeeper

Fractional Bookkeeper: How do they benefit your company? During most of the 20th century bookkeeping was done on paper in a journal. When computer programs

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reduce inventory risk
Virtual CFO
Steve

Reduce Inventory Risk

Reduce Inventory Risk Inventory is a necessity for companies that sell physical products. Without inventory there will be no sales. Maintaining inventory does create risks. 

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job costing
Outsourced accounting
Steve

Job Costing System

What is a job costing system? The construction industry is a unique business model. There is no ‘standard’ product. The services offered vary greatly and

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financial forecasting
Virtual CFO
Steve

Financial Forecasting 101

Financial Forecasting 101 Most of us have experienced a family trip that did not go quite as planned, especially if it’s a road trip. The

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budget vs actual
Outsourced accounting
Steve

Budget vs Actual Review

Budget vs Actual Review In Stephen Covey’s bestselling book, The 7 Habits of Highly Effective People, his first habit is to “Be Proactive.” This habit can

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