Signs Your Business Needs a Part-time CFO
Here are just a few indications that you may need a part-time CFO: If you are beginning to see signs that your business needs a CFO, it is important to choose someone who understands the environment and mentality of the small and medium sized business. A CFO should be able to streamline existing financial processes, […]
Understanding Key Performance Indicators (“KPIs”)
Key performance indicators, or KPIs, are measurable values that help organizations track and assess their progress towards specific goals and objectives. KPIs can be used to evaluate the effectiveness of different business processes, departments, or individuals within an organization. It’s important to note that the specific KPIs that an organization tracks will depend on its […]
The Basics of Financial Ratios
Financial ratios are a tool used by businesses and investors to measure and evaluate various aspects of a company’s financial performance and health. They are calculated by dividing one financial metric by another, and they provide insights into a company’s profitability, efficiency, liquidity, and solvency. Key Ratios There are many different financial ratios that can […]