Finance, News & Personal Business Strategy Blog

Posted on February 14, 2020February 14, 2020

Managing your tax and legal responsibilities effectively is a critical skill and one that few SME owners possess. This report explains why getting specialist tax and legal advice is crucial for all SMEs and how doing so can be hugely beneficial for businesses and their owners. In these articles, we will see:

The benefits of being tax and legally compliant
How a part-time CFO will resolve your tax and legal compliance challenges

Complying with tax legislation is “an uphill struggle” for many businesses and results in the wastage of precious management time,

Posted on January 29, 2020January 15, 2020

In part I of the strategic funding article, we discussed the following sources of funding:

Bank Operating Line of Credit
Loans
Invoice Discounting (Factoring)
Asset Financing

Theres are also another variety of funding available for businesses: the Alternative financing.

Alternative finance is a general term to describe a variety of financing options that sit next to traditional bank facilities and factoring and invoice discounting products.

The alternative finance market includes a wide variety of new financing models including peer to peer lending,

Posted on January 15, 2020January 20, 2020

Funding growing businesses is one of the major challenges any entrepreneur and business owner will face, and while there is an increasingly vast array of options available, figuring out how to access these funds can be a very time consuming, frustrating experience, even for the most seasoned business owner.

Whether you need working capital to support your growth, raise funds for a push into a new market, introduce a new product range or even have a requirement to raise funds for a new business venture,

Posted on December 4, 2019November 20, 2019

The CFO Centre will provide you with a highly experienced senior CFO with ‘big business experience’ for a fraction of the cost of a full-time CFO. This means you will have:

One of Canada’s leading CFOs, working with you on a part-time basis
A local support team of the highest calibre CFOs
A national and international collaborative team of the top CFOs sharing best practice (the power of hundreds)
Access to our national and international network of clients and partners

With all that support and expertise at your fingertips,

Posted on November 20, 2019November 20, 2019

“The time to speak to your bank manager is when you don’t need them, not when you do”.
Colin Mills, Founder, The FD Centre

As banks deal with SMEs in every industry, they are also an excellent source of information and advice about marketing, expansion, fraud prevention, and e-commerce. Some banks take the initiative and offer their customers business ideas and opportunities. So if you don’t have a strong relationship with your bank,

Posted on November 4, 2019October 19, 2019

How a part-time CFO will help to boost your profits

The CFO Centre will provide you with a highly experienced senior CFO with ‘big business experience’ for a fraction of the cost of a full-time CFO.

This means you will have:

One of Canada’s leading CFOs, working with you on a part-time basis
A local support team of the highest calibre CFOs
A national and international collaborative team of the top CFOs sharing best practices (the power of hundreds)
Access to our national and international network of clients and partners.

Posted on October 21, 2019October 22, 2019

“Without an understanding of profitability, every business, no matter how successful is a house of cards” – Mike Michalowicz, Entrepreneur and Author.

There are four ways you can improve your profits: sell more, get customers to buy more frequently, increase margins and reduce costs. If you can do all four at once, your profits will increase dramatically. Even changing one of these four factors will boost your profits.

In these articles,

Posted on October 8, 2019October 18, 2019

The CFO Centre will provide you with a highly experienced senior CFO with ‘real-world experience’ for a fraction of the cost of a full-time CFO. This means you will have on your team:

One of Canada’s leading CFOs, working with you on a part-time basis
A local support team of the highest calibre CFOs
A national and international collaborative team of the top CFOs sharing best practices (the power of hundreds)
Access to our national and international network of clients and partners.

Posted on September 25, 2019October 2, 2019

Due diligence

Due diligence is the process the potential acquirer goes through, usually with a raft of analysts, accountants, lawyers, and the occasional industry specialist advising.

It is normally an extremely extensive check of all aspects of the business, can be time-consuming and stressful, and happens while you still have a business to run.

Advance preparation is essential as it will reduce the workload, give confidence to the acquirer,

Posted on August 19, 2019September 5, 2019

Introduction

Most of us have bought or sold a house and understand that many factors determine the price we pay.

We are attracted by the size of the house, the location, and the proximity to schools, restaurants, and work. We have concerns about the purchase price, a higher mortgage, increased utilities and maintenance costs and what a home inspection might reveal.

It should be no surprise that a business purchaser also has to balance the excitement and ambition of expanding the business with the cost of acquiring it,

There's a reason we're the Number 1 provider of part-time CFOs

Call us on 1 800 918 1906

Blog and Latest News.

Ensure you’re tax and legally compliant – Part I

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STRATEGIC FUNDING – Where to find the capital your business needs – Part II

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STRATEGIC FUNDING – Where to find the capital your business needs – Part I

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How a part-time CFO will strengthen your banking relationship

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Improve your banking relationship

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PROFIT IMPROVEMENT – Driving profitable growth – Part II

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PROFIT IMPROVEMENT – Driving profitable growth

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Heading for the big exit: How a part-time CFO can help maximize value when you sell your business

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Heading for a big exit : Due Diligence

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Heading for a big exit : Why does one company sell for more than another? Part I

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