When startups should or shouldn’t hire a CFO

When you have a startup, it can be hard to know if you should invest in extra help with your finances in the form of a CFO or a Virtual Controller. Perhaps you feel it might be a waste of your resources — especially at first. However, you may also be thinking that bringing in someone to watch over your finances early on can get you off to your best…  Read more

Virtual CFO vs. in-house: which is better?

Virtual CFOs have been a recent phenomenon, with many startups and small and medium-sized businesses (SMBs) looking for a CFO without the hefty price tag. But is going virtual better than hiring in-house? Is one really better than the other? The answer likely depends on your business and what you want out of your CFO.  We compare the two based on some of the main factors that come into play.…  Read more

How to get paid faster

Running a startup or small business usually means there will be many instances where cash is tight. It’s important to always put the focus on your main source of cash inflow – revenue. This means being efficient and consistent on invoicing, following up on outstanding amounts, and of course, accepting payment. Here are a few tips on how to get paid faster, which will ultimately help create consistency in your…  Read more

What Does a Financial Controller Do?

When you reach a certain level of startup success — things move fast. Like really, really fast. One day, you’re grabbing lunch for your loyal team of six people, and all of sudden, you’re looking for an office space to hold 20-plus. Now you have to worry about a whole new set of things you didn’t have to when the team was much smaller. One of those things is finances.…  Read more

Want to grow your business? Our Complimentary Resources will help