Author: Jordan

Accrual Accounting: Why It’s Vital for Businesses to Stay Ahead

Accrual Accounting: Why It’s Vital for Businesses to Stay Ahead

Accounting is a crucial aspect of running a business, and accrual accounting is one method businesses can use to keep their financial records current. It refers to the method of accounting that records revenue and expenses when they are earned or incurred, regardless of when the cash is received or paid.

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The Role of a CFO in Business Valuation: Unleashing the Number-Crunching Superhero!

The Role of a CFO in Business Valuation: Unleashing the Number-Crunching Superhero!

As a business owner, you might have heard the term “business valuation” thrown around. But what does it actually mean? And more importantly, what role do CFOs play in this process? In this blog post, we will explore the exciting world of business valuation and how CFOs can be your number-crunching superheroes!  Business valuation is the process of determining the worth of a business.

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Planning For An Economic Downturn

Planning For An Economic Downturn

If you pay attention to any economist’s prediction lately, you will likely see the word ‘recession. ’ The Federal Reserve has adopted a very aggressive monetary tightening approach to slow inflation which has triggered recessions in the past.

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Many Startups Operate Without a CFO: The Challenge as SVB Collapsed

Many Startups Operate Without a CFO: The Challenge as SVB Collapsed

In early 2021, Silicon Valley Bank (SVB) suffered a significant loss in its fourth quarter of 2020, causing many to speculate about the root cause of the issue. One major factor that industry experts and analysts have pointed to is the bank's lack of a Chief Financial Officer (CFO) at the time of the loss.

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Steps to Manage Rising Interest Rates

Steps to Manage Rising Interest Rates

Recently, the Federal Reserve made the decision to increase the federal funds rate with an intent to continue to raise interest rates. Though higher interest rates may help to curb inflation overall, increased interest rates can cause business owners to face a number of challenges.

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