Three Signs That It’s Time to Hire a CFO
Every company, no matter how small, needs a CFO. Your business is no exception. According to today’s business experts, there are three signs that it may be necessary to invest in the guidance of a CFO. What Is a CFO? CFO stands for Chief Financial Officer. This is the...
Four Types of Financial Strategies for Business
Financial strategies can help businesses to overcome their financial difficulties and ultimately prosper. However, some financial strategies are more effective than others for certain types of businesses. Businesses that find themselves in a cash-strapped position...
How to Estimate Capital When Starting a Business
When starting a business, one of the most important aspects to success is having enough capital. However, if you are brand-new to the industry, it can be difficult to know how much you should estimate in the capital. Here are some tips to help you find your number....
Easy Ways to Improve Budgeting and Forecasting
A budget and forecast are two important tools that provide a company or organization with a financial outlook for the upcoming year. The budget is the company’s spending plan for the coming year, whereas the forecast is how much money they expect to make. However,...
How to Finance the Scale-up of Your Company
As a company owner, scaling up can be one of your business’s most exciting and complicated aspects. The decision to scale is based on your understanding of the market and how much opportunity there is for growth. To scale, you’ll need to consider how you can raise...
How to Finance Your Sustainability Strategy
The quest to be “greener” is costing many companies money. But this doesn’t necessarily mean that the effort should end. There are many ways to finance environmental initiatives, and they range from a small investment of time to significant capital outlays. Consider...
The Best Apps for Saving Money
When it comes to saving money, it is safe to say that the vast majority of us wish that we could save a little more. Even with well-planned financial goals, there may not quite be the nest egg that we were hoping to see. Then again, some of us have not planned...
Creating a Personalized Financial Plan
Financial security is something that we all strive to achieve. But that starts with having an effective financial plan. The good news is that creating one is really not all that difficult, whether on your own or with the help of a professional. There are a few...
How to Start Planning for Retirement in Your 20s
Retirement seems like it is forever away. After all, when you are in your 20s, the world is your oyster, and you feel invincible. But the simple fact of the matter is that, when you have responsibilities as an adult, time flies by far quicker than you realized. Before...
Financial Planning for Newlyweds
An exciting life milestone, a lot changes when you get married. That also means changes to finances between both parties. Joint money spending habits can have a major impact on other areas of your life, including buying a house, getting approved for a loan, and even...