Budgeting: Begin with the end in mind.

Backwards Budgeting may sound like an odd approach, but at CFOSP we begin with the end in mind. We often hear CEOs 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 put into […]

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Linda Hufty joins CFO Strategic Partners

CFO Strategic Partners is excited to announce the hire of Linda Hufty, a chief financial officer with over 30 years of experience in the manufacturing industry. Prior to joining CFO Strategic Partners, Linda held finance positions at Regal Marine Industries for 31 years. Starting as a staff accountant, she was recognized and promoted to various […]

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CFO Strategic Partners adds two new team members

CFO Strategic Partners is proud to announce it has added two new members to its team. Together, CFO Tim Hudson, CPA, and CFO Jim Adkinson, CPA, bring over 40 years of combined experience. Tim is based in Tampa and will help CFO Strategic Partners with existing clients and expanding services to Tampa Bay. He brings […]

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CFO Strategic Partners announces Tampa expansion

Outsource firm adds team to be closer to clients in market CFO Strategic Partners (CFOSP) is proud to announce it has added to its Tampa services with a full-time CFO, who has deep roots in the Bay area. For two decades, CFO Strategic Partners has served Central Florida, helping middle-market sized organizations meet their goals […]

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Cyberattacks are sneaky, but your cybersecurity plan should be solid

Communications is an important deterrent One minute your business is humming along. Productive. Profitable. In an instant, all of the work can be shattered by something completely outside of your control. Or even worse, a cyberattacker can secretly sneak in and steal critical data for your customers and your employees. For CEOs and Chief Information […]

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Hurricane season is here. Are you prepared for the risks?

Disasters—they’re always looming in the distance until they suddenly hit. Although they almost always cause damage, you can help minimize the extent on your company with a solid and thorough plan. June 1 marks the start of hurricane season, so it’s a good time to manage risks and prepare for both natural and man-made disasters. […]

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Survey says: CEOs go on vacation, but not for long enough

For busy CEOs, summer vacation is a chance to get away and recharge. With the summer travel season officially kicked off, CFO Strategic Partners asked about vacation plans. At CFOSP, we tell our C-level partners that it is critical to step outside the business so they can bring renewed vision to their companies. The survey […]

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Sales are up—but where did the cash go?

At one point or another, almost every CEO of a growing company has asked, “My sales are growing, but where is my cash?” CEOs tend to focus on revenue growth, which, as they quickly learn in times of rapid growth, can be very different than an increase in cash flow. So, where is the cash […]

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CFOs rise to the occasion for Random Act of Kindness Challenge

At CFO Strategic Partners, we believe one of the best ways to spread kindness is one random act at a time—which is why our team members were put to the test this March. Each employee was given $50 to perform a random act of kindness because we believe our actions with the community, our clients […]

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Managing cash – The lifeblood of the business

Do you have a plan for managing your working capital? Every company is different, and that means finding the right cash solution is far from one size fits all. Seasonality, supply chain or operational disruptions and competitive dynamics are all challenges to effective cash management.  Even growth can stress the best run companies. Staffing, overhead, […]

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