Connections for Success

 

Cloud CFO Services

09.30.20

Budget Planning: Three Things to Ask Before Building Next Year’s Budget
Chris Arndt

It is budget-planning time. After a year that may very well have derailed your budget, and despite how begrudgingly you might enter this process, now is the time to plan next year’s budget. Digging deeper into the essential questions from budgeting and forecasting for high-growth companies is a great place to start. Related Read: Five […]

09.09.20

Three Steps to Create a Growth Culture: Involving Employees in Your Financial Success
Chris Arndt

To create a growth culture, involve employees in your financial success. It is not a new concept; however, for some business owners who want to create a culture of growth, it is not always obvious how to make it happen. We do not mean foosball tables and microbrews on tap; we mean big picture growth. […]

08.27.20

How to Map Metrics to Your Mission
Chris Arndt

When you are strategic planning, do you map back metrics to your mission? If you have read any of our budgeting articles, you are familiar with my recommendation to set targets or benchmarks for your team. Creating this culture of growth sets your business up to scale. I recently wrote that in order to grow […]

08.11.20

How to Cut Your Monthly Business Expenses as You Grow  
Chris Arndt

Now is a better time than ever to get your business spending under control. Unlike most accountants, we like to focus on growing your business, but certain times call for cost-cutting measures. Better yet, if you can cut your monthly business expenses as you are growing, then you are creating a great capacity to scale. […]

07.28.20

The Pros and Cons of Selling Your Business
Chris Arndt

Given the turbulent financial climate, it is not surprising to see more owners consider selling their businesses. Whether it is to look after employees, cut losses or for personal reasons, there is always a combination of pros and cons to consider. And I am speaking from experience, having sold my company to ORBA five years […]

07.15.20

Grow Your Business in an Unpredictable Economy
Chris Arndt

Even the best value proposition does not make your business recession-proof. How can a business double-down in times of economic uncertainty? Begin with your data and then focus on growth. Here are six ways to grow your business in an unpredictable economy. Want to Survive a Recession? Start With Your Data Map Your Metrics to […]

06.24.20

Three Ways to Put Your Financial Reports to Work
Chris Arndt

Our favorite type of client? One that has been growing so fast that they have not had the time to really put their financial reports to work. There is so much room for improvement in a company that is already growing but does not yet know how to glean value from its financial reports. Get […]

06.08.20

The Most Important Questions to Ask Your Controller Right Now
Chris Arndt

While the economy begins to cautiously reopen after COVID-19-related restrictions, there are plenty of questions and uncertainty for business owners and entrepreneurs. Here are three important questions to ask your controller right now. What is the Break-Even Sales Point for the Business? With a number of companies losing money or facing financial hardship, it is […]

05.26.20

Webinar: The Cash Forecast is Dead, Long Live the Cash Forecast
Chris Arndt

“The cash forecast is dead. Planning cycles have shifted from long-term to short-term and the financial operations we’ve run our companies on have dramatically changed.” This was my recent conversation with Raman Chadha of the Junto Institute, which led us to this webinar topic. Watch the webinar here or read the summarized notes below to […]

05.12.20

Pricing in a Pandemic
Chris Arndt

This is Not a Blog on Price-Gouging This is a guide to pricing in a pandemic. There are two sides to this story. Many of our clients remain in crisis-management due to the COVID-19 pandemic, experiencing a cash crunch in these uncertain times. The majority of businesses likely fall into this bucket. Then, there are […]

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