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Big Benefits of Business Process Automation (SERIES: Part 1 of 5)
Leverage Business Process Automation To Up-Level Your Business If you’re not interested in increasing productivity, saving money, and staying competitive, you don’t need to read this article. Business process automation will help you achieve all three — and then some. By my count, there are 23 key benefits for your business. When you leverage business process automation to up-level your…Read More -
How to Prepare Your Business For LIBOR Loan Phase-Out
If your business has a LIBOR-based loan, change is coming your way. LIBOR, the London Interbank Offered Rate, is being eliminated as an interest rate index – on a global scale. It’s not a question of “if” it will affect your business, it’s a definitive “when.” And that “when” starts now. No new LIBOR loans should be issued after…Read More -
Tips for 2022 Business Planning and Goal Creation
One year ago, as organizations were starting to plan for 2021, pretty much everyone threw up their hands and said, “There are too many unknowns with COVID-19 to even try to plan!” Now, driving toward 2022, we feel like we can see a little more clearly… starting to visualize life after COVID-19, though admittedly through a bit of a haze.…Read More -
Achieve Your Business Goals by Year End
There’s no escape. Winter is coming. Like the white walkers in Game of Thrones, the goals you set for yourself and your business earlier this year, the ones you haven’t looked at since March, stalk you as the days get shorter, colder… darker. But there’s still time to ward off the night, accomplish what you set out to do, and…Read More -
New Executives Enhance Fahrenheit Advisors’ Capabilities in Business Strategy, Finance, and Sales Consulting
Mark Vita and John Atkinson have joined Fahrenheit Advisors in critical leadership roles that will help the firm better serve its clients as they seek growth through improved business processes, tech-driven solutions, and increased sales. Mark Vita joins Fahrenheit as Managing Director and leads the firm’s Business Advisory and Finance & Accounting Practices. He takes the practices’ reins from Keith…Read More -
5 Ways a Fractional CFO Helps Accelerate Your Growth
Fractional CFOs aren’t just for start-ups anymore. Fractional CFOs are helping small and mid-sized businesses do everything from raising capital, maximizing cash, and entering new markets to getting a grip on lost profits and lost opportunities. For forward-looking businesses, a seasoned CFO is a growth game-changer. And if you can’t yet justify or afford one on a full-time basis, a…Read More -
5 FACETs to Digital Payments That Can Grow Your Business
Digital payments and accounting have served as a lifeline for many small businesses during the pandemic, allowing them to receive and send money without relying on checks, cash or credit card machines. This era will serve as a turning point in digital adoption among SMBs, from restaurants and breweries, to boutique clothing stores and even property management businesses. Digital payment…Read More -
Entrepreneurs: Get Your Financials Ready to Scale Your Business
As an entrepreneur, you wear multiple hats. You’re tasked with understanding the basic financial aspects of your business, especially in the early days. In fact, when starting a company, many owners manage their own books out of necessity. Sound familiar? Unfortunately that only works for a while. As your business grows, things can get out of hand — quickly. To…Read More -
How an Accelerated Financial Close Boosts Your Post-COVID Agility
There’s never been a better time to be more agile, more efficient, and more knowledgeable about your business financials. Your business, like so many others, is on the cusp of a collective post-COVID comeback. Experts say the U.S. economy is about to boom — or, to use the words of the Federal Reserves’ Board of Governors member Christopher Waller, it’s…Read More -
How To Make Order Out of QuickBooks Chaos
Got QuickBooks Chaos? Chances are, you do. I’ve seen it so many times as a consultant. Different industries. Different business models. One common denominator: QuickBooks Chaos. If you have inconsistent and duplicative naming, if you have to scramble to find answers to everyday questions about business financials, if you can’t easily replicate QuickBooks functions as repeatable business procedures, or if…Read More -
Growth, Taxes & Regulation: What CFOs Need To Be Thinking About in 2021
Q1 is done. Planning is baked. Strategy is in focus. And now it’s time to start advancing. The road ahead for 2021 will have both opportunities and obstacles — some predictable, some not. Let’s talk about what we know right now. While Dorothy was primarily concerned with lions, tigers and bears in Oz, CFOs in 2021 should be keeping their…Read More