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So far Pam Prior has created 55 blog entries.

Is Your Finance Team the Gold Standard?

By |2017-06-07T12:47:59-04:00March 28th, 2017|CFO, News & Info|

Let’s say you’re a business owner, and you’ve got your finance team in place, either in-house or outsource. That team may range from one to many people any of whom may be part time or full time. For this post, let’s assume you’ve got all the players in place from bookkeeper to tax accountant, and [...]

5 Common Finance Challenges Faced by Growing Small Businesses & How to Solve Them

By |2017-06-07T12:48:43-04:00March 21st, 2017|CFO, News & Info|

Growing your business is such an exciting time! You’re bringing in new customers, you’re launching new products, and you’re taking your business to the next level. But just like those awkward teenage years, in business, when you’re faced with a period of rapid growth, you’re likely to deal with some major growing pains. And when [...]

Too Much Detail In Your Financial Reports? 3 Tips To Making Them More Meaningful

By |2017-06-07T15:42:14-04:00March 15th, 2017|CFO, News & Info|

Financial reports, when they are set up effectively, are to business owners what buoys in a river are to sailors: they keep you centered and let you know if you veer off course. When they’re aligned with how you think about your business, well-summarized, financial reports give you all kinds of juicy insights into your [...]

“I Can’t Believe He Stole From Me” – 4 Hacks for Preventing Embezzlement

By |2020-05-07T09:33:56-04:00March 7th, 2017|Consulting, News & Info|

As a business owner, you hope that fraud is something you’ll never have to deal with. But the unfortunate truth is that businesses — particularly small businesses that are growing — are ripe with opportunities for fraud. It could be happening in your business without you even knowing it. The biggest risk of fraud in [...]

Is Your Pricing Leaving Cash on the Table?

By |2017-06-07T15:43:49-04:00February 28th, 2017|Consulting, News & Info|

Pricing decisions are hard. Period. Obviously, we want our businesses to be as profitable as possible – that sounds easy on paper. But there are so many variables to manage: you need to price your services to stay competitive within your market, to reflect your image, to make sense for your customers; and all the [...]

You Agreed To Buy My Company. Why Is It Taking So Long To Close The Deal?

By |2020-05-07T09:33:51-04:00February 21st, 2017|Consulting, News & Info|

Selling your company is a big deal. As a business owner, you’ve put years of your blood, sweat, and tears into building your business. Understandably, you want the sale to go smoothly — and get you the kind of return that justifies the money and years of effort you’ve invested. Unfortunately, the process of selling [...]

Living in the Stretch: Why You Should Always Be Doing One Thing That Makes You Slightly Uncomfortable

By |2017-06-07T15:45:10-04:00February 14th, 2017|CFO, News & Info|

One of my favorite metaphors for personal growth is to “live in the stretch”. It reminds me to live some portion of my time outside of my comfort zone doing and learning things that feel uncomfortable. We all have certain skills and activities we can do with our eyes closed, using muscle memory. We’re good [...]

Driving in Scotland: or Running Your Business from a Mirror

By |2020-08-16T23:46:20-04:00February 7th, 2017|Bookkeeping, News & Info|

Last summer, I visited Scotland and had the opportunity to drive on the left side of the road (and the right side of the car) for a few days. A van nonetheless! I loved every minute of it – but I quickly realized I could no longer rely on muscle memory; I had to concentrate [...]

Outsourced CFO – Worth the Investment?

By |2020-08-16T23:46:18-04:00January 24th, 2017|CFO, News & Info|

It’s been a long day, and you have a critical meeting with your banker tomorrow. She expects to see the financials from last months close, as well as your rolling forecast in order to consider granting the loan that you are requesting. Your blood is boiling, though, because your bookkeeper just informed you that your [...]

Is Hiring A Virtual Bookkeeper the Right Choice for Your Business?

By |2020-08-16T23:46:18-04:00January 17th, 2017|Bookkeeping, News & Info|

“Should I hire a virtual bookkeeper?” It’s a common question from new business owners with limited funds, but the term “virtual bookkeeper” often rubs people the wrong way. A virtual bookkeeper is simply a bookkeeper who isn’t on site with you. They do your bookkeeping remotely, either through an online service or a hosted service. [...]

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