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6 Tips When Considering A Monthly Reporting Package
Access to timely, accurate information is essential to making informed decisions and running an efficient business. Establishing a universal method for measuring success is key – here are a few things to consider when implementing a monthly reporting package or dashboard. Get Financial and Organizational Commitment from Management It’s important for all members of management to establish exactly what is…Read More -
Next Steps: Employment Landscape for 2011 Grads
As the last of college graduations begin to come to a close, recent reports from the National Association of Colleges and Employers indicate that recent or soon-to-be graduates should have a positive outlook on their next move as they enter the workforce. An article published by US News earlier this month, states that job growth for this demographic is stronger this year…Read More -
12th Annual NAPCP Conference: The Takeaways
Last month I attended the 12th Annual NAPCP Commercial Card and Payment Conference in Las Vegas, Nevada from April 11 – 14th with over 650 attendees, including end-users, providers and exhibitors. The NAPCP (National Association of Purchasing Card Professionals) is a membership-based association committed to advancing Commercial Card and payment industry practices worldwide. They serve members across the corporate, education, and government sectors…Read More -
So What’s Your Gross Profit?
We often hear business owners say that their gross profit (or gross margin, to some) is a certain percentage of sales; say 40%. And sure enough, when we use their price list and their item cost report to make the following calculation: We get a figure very close to the claimed 40%. Then we look at the company’s income statement…Read More -
Six Must-Know Points When Implementing ERP
You want to make any transition within your business as efficient and painless as possible, and that applies to software updates and implementing new processes. We asked our implementation expert Julie Stepp to give us her six keys to implementing an ERP software solution. Here’s what she says to look for: Software systems are designed utilizing business “Best Practices” for…Read More -
Creditworthiness: For Hire or Not for Hire?
Back in college, when professors and counselors prepared you for an interview in the “real world,” did their tips include “and be sure you’ve got a solid credit score?” Not likely. But battle lines are being drawn in 25 states over whether future employees should or should not be judged on their creditworthiness when applying. Privacy and civil rights advocates…Read More -
Fahrenheit Finance – A New Approach To Financial Consulting
Welcome to Fahrenheit Finance, a company with a new and unique approach to the consulting model. We’ve created a space in the market that did not exist before by delivering high quality consulting services by using the right skill set and experience required for each specific engagement – all at a competitive price. A Little About Us Our founding partners…Read More -
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