February 27, 2020
Enhancing Finance Leadership to Propel Company Growth
As a middle-market company matures, finance leadership becomes more central to its operations and new opportunities emerge for finance leaders to play strategic roles in driving the organization forward. The most effective CFOs at growing companies transform the finance function beyond its rear-facing reporting approach into an influential source of innovation that leverages financial and …
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February 4, 2020
To Keep Growing, Mid-Market Companies Need the Right Tools
As a mid-market company grows, its owners and managers need stronger technology tools to sustain those results. Spreadsheets and accounting packages better suited for a small startup just aren’t enough anymore. Your basic financial results – captured by your profit and loss statement – remain important, of course. But you also need to improve your …
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January 29, 2020
Why You Need a Tax Strategy for Business Licenses
Business licenses are required for businesses operating in most cities. Depending on your location, and where you have staff, you are likely required to file a business license tax return. This is a local tax, and it can be quite burdensome. Note that unlike income tax returns, which are based on profit (taxable income), many …
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Finding the Right Leaders for Your Middle-Market Company
People usually fill multiple roles in a startup’s early days. But at some point, having the COO help pack orders or the controller buy office supplies becomes unsustainable. As your company reaches the middle-market and attracts larger customers and, potentially, outside investors, management roles become more specialized and require skills that are different than the …
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January 2, 2020
Optimizing Your Middle-Market Company’s Finance Function
As a startup graduates to the middle market, its finance function needs to become more complex, and its finance team has to provide management and investors with more detailed information about the company’s performance, growth opportunities and challenges. For a mid-market company to thrive, you have to go beyond the “are we making money, and …
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September 25, 2019
As Competition Spikes for Full-time CFOs, Startups Exploring Other Options
Back in May the Wall Street Journal published an article highlighting some of the challenges that high-growth tech companies are facing in recruiting or retaining experienced CFOs. See the full article here. Coming from a firm (Armanino) with thousands of clients in the tech and other industries and a practice area focused on executive search …
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