Outsourced CFO Strategies for Managing Rapid Revenue Growth
It feels good when your business grows quickly, but then your systems start to reveal errors. Many firms in the U.S. have struck a wall, but it’s not because sales are bad; it’s because their finance systems can’t keep up. When you need to make decisions the most, cash flow gets tight, reports are late, […]
How Operational Accounting Shapes the Quality of Financial Reporting
The monthly close is more than just a list of financial tasks for business owners; it’s a strategic exercise that helps them make decisions, expand their businesses, and ensure their long-term success. The monthly close is essentially about acquiring clarity; it’s how you know where your business stands and what decisions will move it ahead, […]
Best Practices for a Smooth and Accurate Monthly Close
The monthly close is more than just a list of financial tasks for business owners; it’s a strategic exercise that helps them make decisions, expand their businesses, and ensure their long-term success. The monthly close is essentially about acquiring clarity; it’s how you know where your business stands and what decisions will move it ahead, […]
How to Spot Profitable Opportunities Through Financial Data
It is common for small business owners to analyze their financials after the fact, such as during tax season, while applying for a loan, or when an issue occurs. But the actual power of financial data comes from exploiting it as a strategic asset, not just keeping track of it. When you use your numbers […]
Key Financial Ratios to Monitor Your Business Performance
Making financial decisions is only as sound as the clarity of the supporting data. This is why corporate operations depend much on financial ratios. In the context of a company’s daily operations, however, what are financial ratios? Financial ratios, to put it simply, are numerical indicators that are obtained from the financial accounts of a […]
Top 3 Methods to Value Your Small Business
Business valuation is fundamentally the process of determining a company’s economic value. To achieve a well-supported assessment of value, it employs an objective financial analysis that evaluates assets, income, market comparables, and other intangibles. Although knowing the monetary valuation of their business can seem difficult for many small business owners, it is among the most […]
Cloud-Based vs. Traditional Accounting Systems: Which Is Right for Your Small Business?
Every small business’s financial foundation is its accounting system. Managing funds well can make all the difference for small business owners between expansion and stagnation. This is why choosing the right business accounting software for a small business should be done with both thought and strategy. The two main types of accounting software that small […]
Finance as Infrastructure: Building Financial Systems That Scale With Your Business
The first several years of many early-stage enterprises are devoted nearly entirely to product development, customer acquisition, and marketing strategy. By contrast, financial operations are sometimes seen as a backend need or a compliance requirement, something to “sort out later.” But when a business grows, the effects of downgrading finance become more obvious. At Trevino […]
From Gatekeeper to Guide: How Modern CFOs Are Driving Business Strategy
Control has always been fundamental in the function of the Chief Financial Officer (CFO). Traditionally seen as the gatekeeper of the company’s finances, the CFO was in charge of compliance, audits, budgets, and making sure all the numbers lined up on spreadsheets. However, the modern business world requires more. Modern CFOs are not limited in […]
Why Internal Controls Are Crucial for Small Business Security
Internal controls are frequently considered a compliance afterthought in many small and developing firms, something to think about only when an audit or financial crisis arises. Ignoring internal controls accounting silently puts your firm at risk from fraud, cash flow problems, and even inefficiencies as it grows. A sound business is built on sound financial […]