Tag Archives: chief financial officer

White Paper – CFO or Controller: What’s Right for Your Business?

As their businesses expand, leaders of entrepreneurial and growing companies in Los Angeles and Southern California face two questions: Should we hire a full-time financial team leader? Should this person be a chief financial officer or a controller? The right … Continue reading

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What a CFO Brings to a Startup Company

This week’s post and full article are by Mark S. Becker, Partner, CFO Edge, LLC. With the improving economy and accompanying increase in startup ventures, one of the ways that entrepreneurs can leverage limited budgets is to look at what … Continue reading

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The Five Key Steps to Buying a Business

Buying a business and organic growth are the two main options when Los Angeles and Southern California executives consider ways to expand their businesses. While organic growth is usually slow and steady, acquiring a business may enable a company to … Continue reading

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Customer Loyalty: Five Ways To Make It Stronger

You would think that most Los Angeles and Southern California executives would spend the bulk of their time, money and energy on building customer loyalty and supporting customer retention by strengthening existing customer relationships. It is a commonly accepted fact … Continue reading

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Seven Ways a First Full-Time CFO Could Help Your Business

Owners of small and mid-sized businesses in Los Angeles and Southern California face many proverbial forks in the road throughout the lives of their companies. One of these is the decision about whether they should hire a full-time chief financial … Continue reading

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Measuring the Success of an Outsourced CFO

In our last article, we talked about how to measure the success of an internal chief financial officer. As the CFO’s responsibilities have grown, many companies have turned to outsourced CFO services providers to help them improve financial management and … Continue reading

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How Do You Measure a CFO’s Success?

Measurable and specific goals and objectives must exist to assess the success of an individual in any job, and the chief financial officer position is no different. Conducting a periodic review means looking at both quantitative and qualitative measuring criteria. … Continue reading

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The Benefits of Offering Employees a Retirement Plan

Many executives at small businesses say they would like to offer retirement plans, but they have reservations based on complexity, costs and red tape they anticipate. But several changes in retirement plans now allow almost any business to offer an … Continue reading

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Activity-Based Costing: Improving Cost and Expense Analyses

Activity-Based Costing (ABC) is a special costing model that manages business costs or expenses by identifying activities used for the production of products or services. This model assigns indirect costs, such as overhead, to products or services so as to … Continue reading

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Planning a Business Exit – White Paper

Los Angeles business owners contemplating a business sale do not have to wait until the economy improves to achieve premium sale prices for their companies. On the contrary, many companies are in an acquisition mode right now. Strong companies with … Continue reading

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