Business Growth

October 15, 2019 In Business Growth, Mergers & Acquisitions

Are You Considering Selling Your Business?

Take this assessment to check your readiness.

As an owner, you may have spent years building your business. Sweat equity and sleepless nights supplement the financial investments you’ve made over the years. The very idea of selling your business may be thrilling, but a bit overwhelming. The due diligence process alone can be a headache. It’s a significant life event carrying professional, personal, and financial implications that could span generations. There are many factors to consider when prepping your business for sale beyond revenue and profitability, and not all of them will be obvious if you haven’t been through it before.
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August 29, 2019 In Accounting, Business Growth, Finance, Technology

Introducing The CFO Alliance Client Portal

Introducing CFO alliance Client portal Image CFO Allianceby Chris Morgan, Senior Manager, Client Services & Innovation

Have you experienced the benefit of using the right tool for the job?

In construction sites it can be critical to both physical safety as well as completion of work.  While the accounting and finance department is not a hard hat zone, the criticality of using the proper tools is still very real.

From the value of collaboration and timely information, to security risk mitigation, tools are an integral part of a company’s prosperity.

As part of our mission to help people prosper, we’re excited to share our newest tool with the world: our Client Portal!

As with most innovation, this solution was born from a problem, or in our case, a series of problems.  Though not all of them were critical in nature, and each had different value impact, when we took a step back we realized there was a synergy that was created by addressing these issues with one centralized solution.

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August 29, 2019 In Accounting, Business, Business Growth, Finance, Mergers & Acquisitions

Looking for a Smooth Due Diligence Process? Here are Five Keys to Success.

Baseball Coach

It’s game day. As an owner or CFO, you are moving ahead toward the sale of your company. It’s hard to imagine a bigger event in the life of either.

 

This may be your first company sale, or the most important deal of your life so far. You know that as an owner or CFO, you are the Captain of the team, responsible for due diligence activities.  But what should you expect and how can you be prepared to ensure that the diligence process maximizes the purchase price your company will receive from a buyer?

 

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July 26, 2019 In Accounting, Business Growth, Finance, Technology

The Cap Table Tool Every Entrepreneur Should Know

The Cap Table Tool Every Entrepreneur Should Knowby Chris Morgan, Senior Manager, Client Services & Innovation

Starting a business is typically initiated from a place of passion, excitement and a creative idea that will add value to future customers. As it should be – it’s an exciting time and a great undertaking.

Often, however, that creative and high-level mindset can get bogged down in the details of accounting and legal work, sometimes from the very onset of filing your articles of incorporation.

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January 24, 2019 In Business, Business Growth, Finance, Process Transformation

Cash Flow Forecasting: 5 Reasons Why It’s More Important Than Your P&L

5 Reasons to Improve Your Business Cash Flow ForecastOne of the best lessons I ever learned working for a private equity-backed company was the value of a 13-week cash-flow forecast. Let me tell you: There is a reason the smartest financial engineers in business always have them.

 

Why? Because the 13-week cash-flow forecast is a pragmatic tool that will both show you cash peaks and valleys and tell you where to take action to change the outcome.READ MORE