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CFO

How will the Tax Reform Change Your Tax Strategy?

Experts are predicting that the recent tax reform will create an abundance of new business growth and activity – just not the kind that lawmakers originally intended. These people are predicting a surge in efforts for reclassification and the organization of cover companies by employees so they can have their salaries recognized as business income, significantly lowering their tax burden as a result. Read more

CFO

Unsecured versus Secured Financing

 

Uncover the Pros and Cons of Secured Financing versus Unsecured Financing

Understanding what types of financing exists and how these options can be applied to one’s business can be helpful when it becomes a necessity. Whether it’s secured financing through the U.S. Small Business Administration (backed with personal and business collateral) or unsecured types of financing through venture capital or angel investors, each type has its potential benefits and drawbacks.

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Success, cfo

Reasons You Need a CFO to Succeed

Every company spends hundreds to thousands of working hours a month strategizing ways to make it to the top. Although there is no single secret to doing this, there is a single way of stopping your company from reaching the pinnacle of success: not having a CFO.   Read more

financial procrastination, cfo

The Price of Financial Procrastination

by Mitch Owens, Marketing Executive at TOP CFOS

If we were to make a list of the most common human characteristics, good or bad, procrastination would most certainly be in it. Whether it’s getting around to perfecting your your jump shot, sending a thank you note to a friend, or finishing up that report at work, it’s safe to say that you and I have both been guilty of putting something off. Read more

business growth, cfo Growth, business,

Growing Your Business on a Financially Sound Foundation

By Mitch Owens, blog writer at TOP CFOS

Of all the ways to gauge a business’s success, growth rate is perhaps the most useful. It not only validates a firm’s value proposition, but it also spells out opportunity. Increased cash from operations and investor interests enable growing businesses to maintain a competitive advantage while expanding their horizons. Everybody loves growth. However, too much growth can hurt businesses. By paying close attention to your financials, though segment and ration analysis, you will know how right rate to grow. Read more

cfo

Cash Flow Management and the Growth Conundrum

It seems intuitive. Increased revenue means increased profits, right? Of course this may be true in the simplest of cases but it’s typically wrong. The fact of the matter is that increased growth means increased complexity, and with this increased complexity there is a need for stringent cash flow management. Read more

cfo

CFO-The Hidden Secret to Success

Whenever people think of successful companies, their initial thoughts typical go to the businesses offering then they move onto the leadership of the CEO. Great CEOs like Steve Jobs and Mark Zuckerberg are, or course, invaluable keys to success, but that doesn’t mean we should ever overlook the second most important role—The CFO.

CFO’s do the behind the scenes heavy lifting that sustains businesses and moves them from being good to being great. Here’s an account from one our CFOs that shows this priceless value of good financial oversight. Read more

get the most out of outsourcing by hiring an excellent CFO

How do I Get the Most out of Outsourcing?

By Mckenna Gustafson, blog writer at TOP CFOS

For new and young businesses, Forbes recommends outsourcing a few certain jobs. Number one on the list? A CFO. Your business provides an awesome product or service, but you’re not a financial firm. A great CFO will help you continue to focus on delivering your product or service in the most efficient way possible. To get the most out of outsourcing, below are a few tips.

If you’ve decided to hire an outsourced CFO, you’re going to want to know how to get the most out of that service. And if you’re like most businesses owners, you’ll want to see that fee adding value to your company as soon as possible. Read more

TOP CFOS is passionate about offering the finest quality outsourced CFO Services in Utah to give clients the greatest chance at finding their hidden profit centers and improving their profit returns.

Why It Pays to Shop

By Mckenna Gustafson, blog writer at TOP CFOS
They say it pays to shop.

We know the feeling: you make a big purchase only to discover down the road that you could have saved money if you had shopped somewhere else. Here at TOP CFOS we hate that feeling. There is nothing worse than realizing that you could have saved money had you made a different decision. We work hard as your outsourced CFO to ensure that this kind of feeling never happens to our clients. Ever. Finding hidden profit centers is what we do and we are proud of it.  Read more