New Year, New Opportunity

As the year comes to a close, many people reflect on where they are in their careers and personal lives. If you find yourself contemplating a change, please consider the following: At CFO Strategic Partners, we are dedicated to enriching lives – the lives of our clients and those of our team. Our culture is […]

read more

Enriching Lives Through Giving

When CFO Strategic Partners formed 19-years ago, Shannon Carbone set out to enrich lives. Her mission has since expanded beyond the office walls. “It’s important to us to find ways to give back to the community where we live and work,” says Andrea Churchill, administrative assistant. It’s a short walk down Alden Road from CFO […]

read more

CFO Strategic Partners Adds Two New Members

Chief financial officer outsourcing firm announces new hires ORLANDO, Fla. (November 17, 2017) – CFO Strategic Partners is growing. The Orlando-based chief financial officer outsourcing firm announced it has added two new members, who bring nearly 40 years of combined experience. Davina Leu, CPA, began her career in 1998 as an Auditor for KPMG Peat […]

read more

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 – […]

read more

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 […]

read more

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 […]

read more

Top 5 for Every CEO to Prevent Fraud Now

 5 Things Every CEO Should Do Immediately, to Help Prevent Fraud Most CEO’s that have never fell victim to fraud in their organizations tend to believe it “just can’t happen to me”. We tend to be trusting of   employees that handle our finances because 1) we need things off our plate and this is […]

read more

Top 5 Tax Strategies for Year End

Top 5 Tax Strategies for Year End  Consider Deferring Income Depending on this year’s margins and profits, some Owners opt to defer income to the following year. Situational circumstances dictate when this strategy should be implemented. Tax brackets, for example, could impact this decision.   2017 Budgets and Forecasts This is a critical time to […]

read more

Budgeting and Forecasting Part 2: The CEO’s role in the budgeting process

Building your Backwards Budget  Next, work that bottom line figure backwards.  By factoring in capital expenditures or additional investments the CEO wants to make, we derive at net income for the upcoming year.  We then factor in fixed costs/overhead costs to come up with the gross profit margin needed, to achieve this bottom line. Finally, […]

read more

Budgeting and Forecasting Part 1: The CEO’s role in the budgeting process

Backwards Budgeting. Begin with the End in Mind. As a speaker and facilitator to CEO groups, I’m always baffled by the response I get when I ask CEO’s about budgeting and forecasting.  In a room full of well respected CEO’s, typically only 10% of them raise their hands that they have a budgeting process for […]

read more