4 Warning Signs That Your Customer Needs an Outsourced CFO

4 Warning Signs That Your Customer Needs an Outsourced CFO

In today’s competitive banking market, successful bankers strive to develop a very close relationship with each of their customers. Frequently the customer is too busy to meet with their banker. In those instances where access is somewhat limited, what signs can you look for to help you gauge the health of your customer’s business and whether or not that customer may need the assistance of an outsourced CFO? BeaconCFO Plus believes there are 4 signs […]

Continue Reading →
Leave a Comment (0) →

Five Steps to Margin Improvement

Five Steps to Margin Improvement

One of your challenges as a small/medium business owner is how to manage your profit margins in a competitive marketplace. Proper management and on-going measurement of margins is critical to your organization’s success. Competition breeds margin pressure, and companies who develop a culture emphasizing the importance of margins and their effect on profitability are the ones who not only survive but thrive.

Continue Reading →
Leave a Comment (0) →

Why Part-Time CFO Services Are Critical to a Banker’s Success

Why Part-Time CFO Services Are Critical to a Banker’s Success

When a part-time CFO is engaged by a company, he/she immediately looks to build strong relationships with outside professional service providers. Early on, the CFO will reach out to the banker who is providing services to the company. What should your response be to the call from the CFO? Common Issues Bankers See with Their Customers and Prospects Let’s first look at the issues you are likely seeing at the company. Most bankers tell us […]

Continue Reading →
Leave a Comment (0) →

The Rise of Cyber Security

Cyber Security is an issue for businesses of all sizes. The proliferation of technology used by all organizations to manage day-to-day activities has resulted in the need to secure company data and have a plan to prevent intrusions. Spending for cyber defense is an on-going expense as the nature of cyber threats are constantly changing and result in frequent upgrades, as hackers attempt to stay ahead of the game. Case in point – last year […]

Continue Reading →
Leave a Comment (0) →

How to Improve Your Chances of Success When Starting a Business

At BeaconCFO Plus, we often get the question….”I’m thinking of starting my own business—do you have any advice?” The Small Business Administration and the Department of Labor describes what the startup market looks like in this country. Each year, approximately 500,000 businesses are started in America. Interestingly enough, this number declined by only 10% or so in the difficult economic times of 2008-2010. Is it a jungle out there? For every startup business opening in […]

Continue Reading →
Leave a Comment (0) →

The Top 3 Priorities for CFOs in 2016

The Top 3 Priorities for CFOs in 2016

We have all likely heard  the “Defense…Defense” cheer at sporting events. It comes at a time when the home team’s fans realize that to be successful, their favorite team should only focus on stopping the other team from scoring. That is to say that the environment is unstable or unclear enough that the best approach is to protect the lead—not try to increase it.

Continue Reading →
Leave a Comment (0) →
Page 4 of 5 12345