Hurricane Irma’s On-Going Impact

Cleaning up from a storm is typically an arduous task. Nearly a month after Hurricane Irma took direct aim at Central Florida, recovery is still underway. The effort will bring a number of expected as well as unforeseen challenges for local businesses. Stage one of the recovery process centered on getting back to business – […]

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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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Dept of Labor: Updated Overtime Rules

The DOL is implementing new overtime/exempt employee rules beginning December 1, 2017. The new rules strengthen overtime protections to millions of workers who will no longer rely on the application of duties test. Key Provisions of the Final Rule: 1) The increased standard salary level is $913 per week ($47,476 annually). If a salaried employee […]

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Valuing a Company: How Knowing Your Business Value Can Boost Your Growth

“How big is your company?” When you ask the CEO of a public company this question, odds are they will respond with their business’ market capitalization, or value. Ask an owner of a privately held business the same question and you’re sure to get a very different answer. Usually, it’s sales, the number of employees, […]

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5 Signs You Need a Part-Time CFO

Most growing companies hit a point where they need a part-time CFO. Here are a few signs that this time has come: 1. Your financial reports do not inspire confidence: Your financial reports should provide timely and accurate visibility into your organization. They should be tailored to your company and industry, and include ratio analysis […]

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Financial Projections: Is a Surprise Around the Corner?

We have all done it. Reveling in that nice feeling of accomplishment after creating a great budget from a detailed analysis… only to have it blown within the first month of the new year. Can we avoid these unexpected curve balls? It is not likely that we can avoid them all together, but there are […]

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