Mid-year checkup: Is your business on track?
It’s hard to believe it, but 2019 is halfway over—and it’s time for a reality check. Late in 2018, with the optimism of a new year on the horizon, it was easy to dream big and establish goals for your business. But when you’re staring down the third quarter, it’s time to get real. You […]
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 moreWork-life balance: The buzzword that isn’t making as big of an impact as we might’ve thought
Work-life balance has been a discussion item with C-level executives and the HR departments for more than 20 years. The generational drumbeat of giving employees more balance and more freedom gets louder each year. This month, USA Today shared a video on how millennials are quitting lucrative jobs to pursue a better work-life balance. Although […]
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 moreCan 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 […]
read morePersonal 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 […]
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 […]
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