CFO SERVICES – GROWING YOUR BUSINESS AND MAKING MORE MONEY

Article by, CFO Service

You are an entrepreneur; a forward-thinker. A doer. You own a company. It might be small, but it’s growing. You are doing great, right? But could you be doing better? If you are the owner of a small or mid-size company and you aren’t using CFO services, you are probably missing out on ways to grow your business faster and make even MORE money.

WHAT ARE CFO SERVICES

CFO services are financial management activities that enhance performance, facilitate growth, and improve profitability.  Specific CFO services include strategic planning, financing, forecasting, risk management, etc. These services are typically performed by a CPA with significant industry experience.

BUT I HAVE A CPA FIRM. I DON’T NEED CFO SERVICES

CPAs are NOT CFOs and they are usually only telling you where your money is going; not how to grow your business or make more money. You typically use a CPA to create financial statements, prepare tax returns, and a host of other valuable services. They are crucial to a well-run business but they are typically not going to grow your business or help you make more money.

BUT I HAVE AN ATTORNEY. I DON’T NEED A CFO​

Your attorney’s main job is to make sure you don’t break any laws or get sued. Most attorneys are NOT going to tell you how to expand, grow, or further monetize your business. Do you need an attorney? Of course. No one wants to make crucial legal mistakes. But an attorney doesn’t take the place of a CFO.

CPAs and attorneys are both – generally – conservative. It’s likely neither will actually TELL you how to make money.

SO HOW DO I KNOW I’M READY FOR CFO SERVICES

The answer to this question isn’t a one-size fits all. Some businesses need CFOs early in the game and others can wait.  The real question is are you growing fast enough and making enough money?  If the answer is no, a CFO is probably the solution.  But for most small businesses, when you are ready for a CFO, there might not be money to hire someone full-time. So how do you have a CFO but not pay out the nose?

There are a number of companies that specialize in CFO Services (see www.dynamicadvisorysolutions.com). These companies pair financial experts with business owners in need of financial and accounting help. If you need more expertise – if you need a CFO – you can typically have one at your fingertips for a low monthly fee.

4 WARNING SIGNS YOUR BUSINESS COACH IS LEADING YOU INTO DISASTER

Article by Business Coaches,

Did you know that your business coach could be leading you astray without you even realizing it? That’s OK, it happens — but here are the top *4 Warning Signs Your Business Coach Is Leading You Into Disaster* so you can break the pattern before it gets worse:

1. You’ve teamed up with a drama queen.

Not everything is a reason to “sound the alarm, the ship is sinking!” You need a cheerleader _without_ all the drama. Consulting jobs were created to match small business owners with someone who could offer expertise on growing the business; coaching jobs match the small business owner with someone to help maintain focus and provide purpose. If your business coach is turning every situation into a three-ring circus, you may be getting distracted from growing your business as much as you could be — and paying for services you don’t need.

2. You’re getting billed up the wazoo.

If you find you’re receiving too-frequent bills from your business coach, it may be time to say good-bye. Sure, you’re going to have bills because you _are_ getting a service — but those bills shouldn’t be trumped-up charges because of all the exaggerated situations your melodramatic coach just HAD to rush in and solve. Accounting jobs are about maximizing your monetary potential and saving you from making costly mistakes – NOT putting out the flames of a dying fire. Make sure you aren’t getting billed for things you can do yourself. Unless…

3. Your coach is the jelly to your peanut butter.

Meaning, your business coach has trained you to think you NEED him or her to survive. Sure, your coach makes things a bit better for you, but just like a peanut butter sandwich is good by itself sometimes, so are you! When you have a business, accounting jobs are vital. But if your business coach is leading you into a co-dependent relationship, it’s time to reevaluate things…or run away.

4. You feel like you’re lying on the couch while talking to your coach.

Sometimes, having a business coach is like going to a therapist. You discuss your issues and determine what your roadblocks are and how to get around them. But if you spend too much time with your business coach wailing on the couch, you’re getting the short end of the stick. You’re paying for a business coach and consulting jobs shouldn’t cost you what it would to sit on the couch at your shrink’s office. Don’t waste your money.

Time for a new coach

For additional tips finding a new business coach and other accounting jobs and consulting jobs, visitwww.CFOAsk.com.

Accounting Jobs – How to Stay on Top of Technology So Your Age Doesn’t Hold You Back

Article posted by Accounting Jobs

You are seasoned, talented and have impeccable references. But as an accountant in your 50’s or older, you can’t find a job. It’s easy to blame your age. But what might be holding you back from accountant jobs could be as simple as your resistance to change-especially with new technology.

Walking into an interview with an outdated flip phone or blanking when a recruiter asks you about the latest app could be red flags that you are behind the times.  And if one thing is certain, when it comes to accounting careers, those who can’t change and adapt to new technology don’t stand a chance.

So what can you do?

Here are the three things you can do TODAY to increase your tech IQ and wow a recruiter when you are interviewing for YOUR job in accounting.

1. Beef up your resume to show you are not scared of using Outlook or other popular problems and software brands

One thing that can screw you in an interview is to look unprepared or uneducated about the latest software trends. And if you act like Outlook is too difficult or frustrating to use, potential employers will wonder what other concerns you intend to cut.

2. Increase your knowledge of the latest Web sites, software products, search engines, new software, CRMs-in other words, SPEAK THE LANGUAGE

If you don’t know the lingo, you are going to look like a dinosaur when interviewing for an accounting job. Take a class or pick up a trade journal or magazine. LEARN what those young pups in college or business school are talking about and make these tech trends part of your life. Remember, there are plenty of accessible and free or low-cost options to train yourself such as watching YouTube videos or taking lessons at the Apple store.

3. Get a smart phone

Maybe you are happy using an outdated cell phone to call or text, but if you don’t know how to harness the power of a smart phone, it puts you at an immediate disadvantage. People in their 20’s and 30’s with jobs in accounting know how to use their smart phones to get ahead. If you aren’t on the same page, you won’t have an edge when interviewing for accountant jobs. Visit the Apple store or a cell phone store that sells Android phones. Ask questions. Read a blog or two on the best apps. Upgrade your phone…and consider buying a tablet as well.

When it comes to careers in accounting, the best way to stop looking like you are out of the loop is to get IN the loop.