When deciding to engage a CFO consulting firm for assistance in meeting financial and operational challenges, mid-sized business owners and CEOs usually have a certain expectation in terms of what defines a successful engagement. Or in other words, they usually expect to receive clear business...
Most Los Angeles and Southern California executives realize that we now live in a “virtual” B2B financial services world. Many business activities that used to have to take place in a face-to-face environment can now take place virtually, which has saved a considerable amount of both money and time...
More Los Angeles and Southern California business leaders today are turning to outsourcing in an attempt to make sure that business tasks are performed in the most efficient and cost-effective way possible. Outsourcing can provide a number of concrete business benefits, such as helping companies conserve capital, control costs, improve...
The first of Sir Isaac Newton’s three laws of motion states that “every object in a state of uniform motion tends to remain in that state of motion unless an external force is applied to it.” The opposite also holds true: Objects in a state of rest tend to...
Owners of small and mid-sized businesses in Los Angeles and Southern California face many proverbial forks in the road throughout the lives of their companies. One of these is the decision about whether they should hire a full-time chief financial officer and, if so, when is the right time...
In our last article, we talked about how to measure the success of a chief financial officer. The role and responsibilities of the CFO have increased dramatically in recent years, which has made it more difficult to measure CFO success. As the CFO’s responsibilities have grown, many companies have turned...
To gauge and measure an individual’s success in any job, there must be specific and measurable goals and objectives for the position. The chief financial officer position is no different. But as the role and responsibilities of CFOs has continued to grow and evolve, it has become more difficult to measure...
In today’s ever-changing financial environment, the role of the chief financial officer has become particularly vital. Working closely with the CEO, CFOs possess particularly keen insight into financial and strategic matters that permit them to play a key role in planning a company’s future growth. In fact, as a CFO, it...
In today’s troubled economic climate, cost concerns are spreading throughout the business community. As worries increase about excess spending, many businesses are feeling increasingly apprehensive about hiring outside assistance. However, while the tendency is to look inward for solutions to any issues, this may not be the best course of...
Outsourcing is a cost-effective way to access the qualified executive expertise needed for an organization to perform at a consistently high level. There are professional service providers in virtually all areas of executive purview including financial services, human resources, marketing, strategic planning, special project implementation, information technology and more. When...