Finance

Let’s Celebrate Financial Literacy Month

April is Financial Literacy Month – a high holiday at CFO Alliance – as it reminds us all how important it is to establish and maintain healthy financial habits, effectively handle money and deal with debt.

But if you’re reading this, there’s a pretty good chance you already understand the importance of financial literacy and are fluent in this universal language of business.

We think about financial literacy – a lot. And we wonder why talking about money and finances is still taboo.

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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

The No. 1 Thing You Need To Give Your Investors In The New Year: Confidence

4 Ways to Give Business Investors ConfidenceWith the holidays behind us and the New Year already in full swing, there’s no doubt that entrepreneurs have a myriad of goals for the year ahead. And one of those things should be to ensure your investors have confidence in your business.

 

Because whether your business has just one investor, many investors, or you’re starting to think about attracting investors, ensuring they remain confident with their decision to invest should be one of your top priorities. After all, without their support, you wouldn’t be able to achieve your vision.READ MORE

Your Controller Should Get You Financial Statements In 10 Days (And They Should Be Accurate)

Your Controller Should Get You Financial Statements In 10 Days (And They Should Be Accurate)Decisions, decisions, decisions.

 

When starting or running your own business, there is no shortage of choices to make. And it’s likely that most of these decisions need to be made quickly, too. But how do you know you’re making the right decision – and what information are you relying on?

 

We’d venture that more often than not, you’re relying on financial information. But how quickly is that being provided to you on a monthly basis?

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