by Jerry Vance | Oct 12, 2020 | Business Growth, Financial Strategy
Business Valuation Methods & Determining What Your Business is Worth Whether you’re preparing for a sale or acquisition, seeking debt or equity financing, or evaluating other strategic business decisions, it’s helpful to have a good pulse on the value...
by Jill Tavey | Sep 2, 2020 | COVID-19, Financial Strategy
On August 8, President Trump issued a Presidential Memorandum to defer the payment of the employee share of social security tax from September 1 through December 31, 2021. But what, exactly, does this Payroll Tax Deferral mean, and should employers take advantage of...
by Mikelle Despain | Aug 25, 2020 | Chief Financial Officers, Financial Strategy, General Business
As Preferred CFO performs speaking engagements and advisory with CEOs around the country, one of the topics we’re continually asked to address is how to evaluate the quality of a financial team. Among these is answering the question, “What makes a great CFO?” We’ve...
by Shawn Capistrano | Jul 24, 2020 | Business Growth, Financial Forecasting, Financial Strategy, Financial Systems, General Business
One Big Budgeting Mistake You’re Probably Making A budget-first mindset not only wastes time and resources but also often results in an unrealistic and/or inaccurate budget. It’s a time-old Q4 tradition—lengthy planning cycles consisting of sitting down to tap out a...
by Jerry Vance | Jul 15, 2020 | Financial Strategy
We’re often surprised by how many businesses hire a CPA, believing they’re receiving not only tax services but CFO strategies as well. The reality is that there are many differences between a CPA and CFO. However, it’s no wonder the two are confused,...
by Michael Flint | Jul 15, 2020 | Business Growth, Financial Strategy, Financial Systems
What is the difference between a controller and CFO? While there are functions of both a controller and CFO that support each other, both positions make distinctly different contributions to the organization. What is the Difference Between a Controller and a CFO? The...
