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Fractional CFO’s have become increasingly important to most small businesses. Almost all businesses have a tax CPA to help them file their tax returns. As companies grow, they typically outsource to a bookkeeping firm or hire an entry-level office manager or accountant. So then why should any business need a fractional CFO? I have found that once a business is over $1-2 million in revenue, it makes sense to hire a fractional CFO, especially if you have these questions.
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There has been additional scrutiny over people that have taken the Paycheck Protection Program (PPP) loan in the last few weeks. It all boils down to one somewhat gray certification on the application.
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I read an article recently where Marc Benioff, founder, chairman, and co-CEO of Salesforce, received the following advice from Steve Jobs that was essential to his success.
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By Shane Bender
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Are you strategic in how you handle your business or life? Are you spending your time on the right things? Or you are more tactical in that you spend more time doing and getting your work done?
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5 Stories of How Forecasting Provided Clarity and Cash By Shane Bender