Monthly Archives: March 2015

Hiring or Outsourcing CFO – Right time to hire full time CFO (part 2)

Hour Glass With Purple Sand

When to hire a CFO?

The right time to appoint full time CFO is when the SME is having rapid growth of business. When the business grows at a quick pace certain industrial and legal risks arise that need to be identified and responded in a timely manner. The experienced and insightful CFO continuously oversees the dynamic business environment and monitors the growth of the company to avoid penalties and loss of opportunities.…

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Hiring or Outsourcing CFO – Right time to hire full time CFO (part one)

Hour Glass With White Sand

One of the most critical problems to face small and medium enterprises (SMEs), especially those growing at a fast pace, is knowing the right time to hire financial expert for managing the finances.  Being a business owner, you need to manage  business costs, hunt for new clients, create a strategy to survive in the competition and so on.…

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SME Financing the Smart Way

Calculator and Pen On Top Of Form

Why Business Need Finance

 

Running a business could be incredibly costly. You need to pay expenses like purchasing machinery, renting warehouses, paying for marketing expenses and so on. All businesses around the world have to pay for the resources that they consume for their business. After the business has setup completely the cash will flow to the business from sales that could be used to finance these resources.…

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Tips for Profit Growth

Tools To Use For Data

Many established firms are still struggling with the economy and are not sure if they are winning. Sales might be recovering, but profitability is still down, and cash flow has barely broken even over the last 12 months. They have cut back costs as far as possible, reducing staff, overhead, purchases and even marketing costs, but what comes next.…

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Financial Outlook for US based SMEs in 2015

Mystical Crystal Ball On Purple Cloth

2015 may prove a good year for small us based businesses. Major forecasts of economic indicators are pointing towards sales and profit growth in small businesses. After the slow growth in the fourth quarter of this year, there is a good chance of economic development in 2015.

Although the interest rates are bound to increase the next year, which may have a depressive effect on the GDP, it is predicted to rise by 3% due more sales and increased spending by consumers.…

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