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Doug Jones, Director of Fractional CFO & Controller Services
Doug Jones leads the Firm's Fractional CFO & Controller Services practice and has been successfully providing strategic insights and hands-on support to growth and middle market companies throughout his career. Prior to providing fractional CFO services, Doug was a CFO at several middle market companies, including East Coast Oil and Keystone Builders. Primarily focused on growth and middle market companies, Doug…Read More -
Fahrenheit’s Newest Member Doug Jones Discusses Fractional CFO
As your company becomes larger and more successful, it may start to experience some growing pains. To maintain efficiency and keep costs low, companies are turning to fractional CFOs. Fahrenheit Finance has added Doug Jones as an in-house specialist to help address these needs. Both small and mid-size companies are discovering the need for a CFO, but that need may…Read More -
Keep Your Eye on the Little Guy
As we continue to slowly yet steadily move out of a depressed economy, more and more companies are once again focusing on growth. CEOs and CFOs alike are focused on rebuilding those research-and-development budgets they once had to downsize and are looking to better their business with increased talent and new technologies. But realizing that organic growth and big deals…Read More -
Dan Nelson Joins Fahrenheit Team as Resource Manager
Fahrenheit Finance would like to proudly welcome Dan Nelson as our new Resource Manager. Dan brings his expertise in finance and human resources to the team as we continue to build and foster our relationships with current and potential clients and candidates in the finance and accounting communities. Dan received is undergraduate degree in finance from James Madison University and…Read More -
New Lease Accounting Standards – Are You Prepared?
As early as June 2011, the newly proposed lease accounting standards distributed back in August of 2010 may be finalized. These new standards proposed by the Financial Account Standards Board (FASB) would fundamentally change how companies account for real estate and equipment leasing transactions. And according to a recent Deloitte survey, only 7% of business executives believe they are prepared…Read More -
The Business of Moving Forward
While CFO’s and other heads of companies still remain cautious, they have reason to be optimistic moving forward with business in 2011. At the beginning of February, Duke University and CFO Magazine published their Global Business Outlook Survey, which shows nearly 50% of CFO’s have a more positive outlook on the U. S. economy than they did last quarter. Not…Read More -
Tips for Negotiating with the Bank
Many small business owners are receiving an unpleasant surprise when seeking out loans – banks are charging higher interests rates, despite great credit. Here are a few ways to make sure you don’t receive the same shock when you go in to discuss the terms of your next business loan. With the economy improving, some businesses are finally deciding to…Read More -
Your Company Just Sold, Now What?
Picture it: Company A is a family-owned, entrepreneurial business that is for sale. Private equity or venture capital firm B decides to make the investment. You are the family-owned business CFO or the new CFO the investor has brought in to run the ongoing venture) The seller’s business has never been audited, does not have a control environment, its systems cannot…Read More -
The Benefits of an Audit
You don’t usually associate the word “audit” with any happy thoughts, but it’s all about who is performing the audit. Many small businesses can actually benefit from an audit by a CPA – banks like seeing an audit on loan applications, audited companies tend to save more by having lower interest rates – but the costs can be prohibitive, and…Read More -
Setting You Straight for 2011 Taxes
Keeping tax details straight is tough, for individuals and for companies. But the most important thing to remember is to be prepared. It’s been reported that after 2012, many provisions are set to change back to where they were even before 2001. And last year’s 11th-hour tax changes, while favorable by most, are only temporary, meaning rates are set to…Read More -
Looking Forward To Our Next Year
As we usher in 2011 and all the promise the new year brings, Fahrenheit Finance also celebrates a birthday. We’re happy to report a great first year and we appreciate the support from our clients and consultants. As we prepare for another year of growth, we’re planning to build on our many successes in 2010 to help you reach your…Read More -
Part II: Benefits of Pilot Groups for Testing Purchasing Card Programs
When we first looked at Part I: Benefits of a Purchasing Card Program, we discussed the first steps companies should take in making the decision to implement a PCP into their B2B daily activities. Besides saving money on processing costs, capitalizing on rebates, and minimizing fraud risk and exposure, PCPs bring automated convenience, security and efficiency to laborious, paper-based processes. Once…Read More