Tag Archives: steps

Building Resilience: The Role of the Finance Department

This week’s article is by John W. Braine, Partner, CFO Edge, LLC. With cybercrime and other major business disruptions increasing in frequency and scope, an essential strategy is to make building resilience the role of the finance department. With its … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Data Security, Disaster Recovery Planning, Financial Leadership, Financial Strategy, Los Angeles, Risk Management | Tagged , , , , , , , , , , , | Leave a comment

Six Steps for Overcoming Analysis Paralysis in Your Firm

This week’s post and linked full PDF are by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. A significant downside of taking a long time to analyze a challenge or opportunity is the possibility that we become paralyzed by over-analysis … Continue reading

Posted in Analysis Paralysis, Emotional Intelligence, Executive Accountability, Financial Strategy, Los Angeles, Operational Analysis, Risk Management, Strategic Planning | Tagged , , , , , , , , , | Leave a comment

How to Retain Your Accounting Staff in an Improving Economy

This week’s post and linked full article are by William K. Thorpe, Partner, CFO Edge, LLC. A potential downside of the rebounding economy is higher staff turnover, including higher accounting staff turnover. As more companies move into a hiring mode, … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Employee Retention | Tagged , , , , , , , , , , , , | Leave a comment

The Art of Referring: Introducing Qualified Professional Advisors

This week’s post and linked full article are by John W. Braine, Partner, CFO Edge, LLC. Los Angeles and Southern California professional advisors realize both the importance of referrals and that making referrals isn’t something that should be taken lightly. … Continue reading

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How to Drive Profitable Business Growth

Along with cash flow and cost controls, Los Angeles and Southern California business leaders look at profitability as a primary measure and driver of successful businesses. Profitability requires planning and disciplined execution, and the best way to ensure it is … Continue reading

Posted in CFO Services, Cost Cutting Strategies, Growth Strategies, Profitability | Tagged , , , , , , , , , , , | Leave a comment

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

Posted in Acquisitions, Business Valuation, Merger & Acquisition Planning, Strategic Planning | Tagged , , , , , , , , , , , , , | Leave a comment

What is Benchmarking – and Why Is It Important?

While many Los Angeles and Southern California executives measure company performance by monitoring key performance indicators (or KPIs), this is just a first step. Benchmarking is the process of comparing your business’ KPIs or other performance indicators to an objective … Continue reading

Posted in Benchmarking, CFO Services, Financial Strategy, Growth Strategies, Performance Measurement | Tagged , , , , , , , , , , , , , , , | Leave a comment

Six Ways to Assure Value When You Outsource Services

Wanting to make sure tasks are performed in the most cost-effective and efficient manner, many Los Angeles and Southern California executives are deciding to outsource services. But there is sometimes hesitation around losing control of an engagement, seeing the scope … Continue reading

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The Importance of Strategic Planning

While most CEOs and CFOs recognize the value of business planning and creating a formal business plan document, not as many give as much thought to strategic planning. Strategic planning focuses on the big-picture: the strategies used to reach goals … Continue reading

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Adopting the 52-53 Week Fiscal Year

In contemporary Western society we are all familiar with the 12-month, 365-day year. This system, known as the Gregorian calendar, was established in 1582 by Pope Gregory XIII to coincide with Earth’s orbit around the Sun. However, while suitable for … Continue reading

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