How to Justify New Software

“Know your numbers”: it’s a key principle of business. Could your software be producing the wrong numbers, which are used by the top executives to make critical decisions? Having the correct financial engine positions the company for the best opportunity for growth. Businesses of all sizes use financial software to help track key financials and […]

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Are businesses closing for Hurricane Irma? Friday no, Monday YES!

Many Central Florida CEO’s are asking the question: Do I close the office for the Hurricane Irma? We polled our clients to see what they had to say, and the results are in… Most companies are not closing on Friday, but are remaining “flexible and supportive” for employees who need to be absent for storm […]

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Do you have unrealized profit in your company?

Companies are often focused on improving their bottom lines and with good reason—it directly relates to increasing profits.  It is often overlooked the impact a few tweaks can have on profit and the even larger impact it can have on a company’s sustained value. It’s important to work hard AND be smart about your efforts […]

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Director Carrie Mistina gives back to the community

At CFO Strategic Partners, we embrace our mission: To enrich lives. It’s not just a motto, it’s put into practice. Director Carrie Mistina embodies our belief. She takes our values a step further with her contributions to the Central Florida community. Ever since she graduated from the University of Central Florida with a Bachelor of […]

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With uncertain times, it’s never too early to start planning your taxes

With uncertain times in Washington and wrangling over the president tax proposal, it’s still never too early to start planning for taxes. In fact, this year it may take even more planning because of the need for modeling on several different alternatives. Summer is the perfect time to start tax planning. We’re halfway through 2017, […]

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Are you offering clients 0% payment terms without even realizing it? Our three-part series can help stop the insanity.

Days Sales Outstanding: Be responsive to everyone’s differences Analyzing different areas of your accounts receivable functions is extremely important when ensuring your payment plans don’t have any problems. Checking your credit approval process (here) and your collections process (here) can help set how consistent clients are with payments. Now, we’ll be covering Days Sales Outstanding […]

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Are you offering clients 0% payment terms without even realizing it? Our three-part series can help stop the insanity.

  Analyze your collections process: To prosper, be proactive!   Most middle market size companies allow their customers to treat them like a bank that is offering 0% interest rate terms. Analyzing your credit approval process (described here) is the first step to fixing your payment terms. Now, you’ll need to analyze your collections process […]

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Are you offering clients 0% payment terms without even realizing it? Our three-part series can help stop the insanity.

Stop being your client’s bank: Set a credit approval process   You’re not a credit card company desperate for new customers, stop acting like one. Many of you may recall the days where credit card companies were offering 0% interest for 6 months. Those days are long gone….RIGHT? Well, it turns out that most middle-market […]

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10 Things CEOs Say

Over 18 years in business and thousands of clients.  You can imagine we have seen a lot, met some pretty fascinating folks, and partnered with some of the most brilliant entrepreneurs and innovators in business. However, no matter the complexity of the business model or the evolving climate of a particular industry, CEO’s have common […]

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How to Effectively Motivate the Millennial Sales Team – You’re Doing it Wrong

What makes today’s sales team tick? How are you motivating the next generation of sales superstars? Unfortunately, you are probably not it wrong.   Motivating and encouraging a sales team can seem pretty black and white, right? Commission and closing the deal, right? Well, maybe. But, to sustain that high performing department today, we need […]

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