CFOs Agree; Healthcare Industry Diagnosis is Poor

Declining quality of care, poor credit ratings, and high-deductible health plans just barely begin to address the primary concerns voiced by healthcare administrators today.   Financial Executives and CFOs across  health care segments agree, this industry’s diagnosis is poor. And the prognosis?  More challenges on the horizon. Researching a sampling of middle-market companies in Florida, we […]

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5 Key Focus Areas in Government Contract Accounting

Government contract accounting can be a very different animal for those not familiar with Federal Acquisition Regulation (FAR) regulations or changing mandates from the Hill. Why, just the FAR alone consists of over 2,000 pages of policies and procedures required by contractors, in addition to the specific performance guidelines outlined in the contract’s statement of […]

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Happiness Audit

Most CEO positions do not come with a job description, a performance review, or even a means of measurement. A Happiness Audit can help gauge your company morale and corporate culture. Unlike subordinate jobs, no one tells the Chief Executive how he or she is doing. Do managers let their CEO know when they’ve miscalculated […]

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The Company’s Financial Roadmap

In today’s high tech, rapid prototyping, dynamic marketplace, it’s hard to know what challenges you’ll be facing next week, much less next year. Does your company have a financial roadmap for success? Forget GPS or Google Maps, CEOs can’t afford to let their business run on autopilot, but need a detailed map to navigate its […]

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Backwards Budgeting: Begin with the End in Mind.

Backwards Budgeting may sound like an odd approach, but at CFO SP we begin with the end in mind. We often hear CEO’s admit that they do not have annual budgets in place. The reasoning is always the same; “It’s a laborious process and I don’t see value. After all the time and effort into […]

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Top 3 Metrics to Track Profitability

With the 4th quarter around the corner, now is a critical time to assess and project profitability metrics for 2015. There is still time to make changes to impact your bottom line for 2015 that will carry into next year. Entrepreneurs gravitate to measuring growth, increasing revenues, or focusing on daily operations when assessing current […]

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Are Non-Tech CEO’s Blind?

It has been said that Non-Tech CEO’s are blind in today’s business landscape. CEOs who work to stay in front of new technological advances, on the other hand, have an edge in guiding their companies to success in a digital world. Not only to enhance efficiencies and productivity but to stay vigilant in protecting the […]

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Mid-Year Evaluation: 4 Things CEO’s Should Do Now to Ensure 2015 Success

This time of year, many people are thinking of summer vacation plans; however, most CEO’s I know are thinking about their business. Specifically, they are thinking about the fact that this year is almost half way GONE! That said, CEO’s are an optimist bunch and quickly realize there is still half of the year LEFT […]

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Every CEO Should be Tracking these 5 Financial Metrics

Most CEOs believe they know their numbers. However, describing their revenues, employee headcount, and how much cash is in the bank is not much different from an individual sharing their income, how many children they have, or the available balance on their ATM receipt. CEOs of growing organizations need a more sophisticated picture of their […]

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5 Pillars of Financial Dominance for CEO’s

CEO’s hide a dirty little secret; many of us simply are not as good “with the numbers” as we’d like to be. And we make things worse by avoiding the issue. We’re quite open with our shortcomings in marketing, sales, human relations and operations, but we tend to change the subject anytime the discussion threatens […]

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