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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The power of many: We’re growing

At CFO Strategic Partners, we truly believe in the power of many. Our clients gain the knowledge and experience of our entire firm, while also getting an appointed chief financial officer to help them with their needs. Our power of many is only as strong as our individuals—and we’re excited to introduce Andrea Bohr, our […]

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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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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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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 […]

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CFO Strategic Partners Adds One New Member

Chief financial officer outsourcing firm announces new hire CFO Strategic Partners is growing. The Orlando-based chief financial officer outsourcing firm announced it has added a new member, who brings nearly 20 years of experience. Davina Leu, CPA, began her career in 1998 as an Auditor for KPMG Peat Marwick in Orlando. She has also worked […]

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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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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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