CFO Responsibilities and Why Your Small Business Needs a Virtual CFO
An employee costs a business 1.24 to 1.4 times their salary. As a business owner, you have no doubt considered adding a CFO to your staff. Maybe costs are holding you back. Or perhaps you don't know about the many benefits of having a CFO on your team. What if there...
CFO Network Welcomes New Finance Principal, Christopher Berry, Former Sr. Finance Manager of Tyson
Christopher Berry, finance leader with entrepreneurial leanings and relationship building skills, relocates to Arkansas with Tyson Foods, falls in love with the Natural State, and joins CFO Network’s dynamic team of professionals as a Finance Principal. A recent...
Recession Tip: The Value of Speed and Clarity – And Knowing When to Sacrifice One for the Other
In all my years of working with small business owners (as well as owning and running one myself) I have learned a few things. One is the value of seeking clarity. Clarity can help in making good decisions. This starts with the reality that a business owner faces...
Get your PPP funding in 4 Steps
During the first round of PPP funding, CFO Network advised clients to move forward quickly in order to secure a place in line before the funding ran out. That window lasted about a week and a half with only about 5% of small businesses getting their applications...
’Roll Up Your Sleeves’ – A CFO’s Commentary on the Pandemic
We are in the storm and heroes are being made by the minute. They are the brave men and women who are taking care of the sick and keeping us safe. But there are also lesser known heroes at work. They are the small-business owners up at 2 a.m. trying to figure out...
Recession Readiness
As of this writing, most economists are indicating that a recession is coming, but no one knows how bad it may be and how long it may last. I once met the captain of one of the largest crude oil tanker ships in the world. He told me these ships are so massive that...