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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What would you do if your CFO was gone tomorrow?

What if your CFO walked into your office and announced, “I’m leaving tomorrow for another job.”? Or what if they suffered a totally disabling injury or otherwise had to leave the company immediately? Your first reaction would be sadness, likely followed by feeling like you had just been punched in the stomach. Your CFO is […]

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Can you afford to sell your business? Reality versus Wishful Thinking

By Nick Carbone Business owners dream of selling their businesses for top dollar. But, in reality, many have no idea what their business is worth or if they can even afford to sell their business. Today, we’re going to walk-through an example that will get you thinking and keep your exit expectations firmly grounded. When […]

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Personal Time Off: Where do you stand?

When it comes to the holidays, we’re apparently most thankful for Thanksgiving and Christmas. They were the most common automatic days off, according to our recent CFO Strategic Partners survey. Professional staff is also rewarded with more time off. Looking for an average amount of time to offer? 3 weeks is the sweet spot. But […]

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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 […]

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My Framed Dollar Bill

The long standing tradition of framing the first dollar bill earned both honors and recognizes the very first customer and the very first dollar earned by that business. While this tradition is typically found in restaurants and bars, anyone who has started a company before can relate to the significance of this historic (and often […]

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CEOs Need to Look at Budgeting Differently: It is Your Job to Think Big Picture

Many CEOs detest the budget process, and some think it’s a complete waste of time. But with the fourth quarter underway in the 2018 budget process, it might be time for an attitude adjustment — or in business terms, a paradigm shift about how you think about budgeting. We are not here today to talk […]

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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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