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 […]
read moreCFO 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 […]
read moreCyberattacks 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 […]
read moreHurricane 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. […]
read moreSurvey 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 […]
read moreSales 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 […]
read moreManaging 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, […]
read moreWhat 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 […]
read moreNew 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 moreEnriching 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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