Consult Your CFO Blog

The Cost of Fractional CFO Services

Understanding Fractional CFO Pricing Models Businesses seeking financial leadership without committing to a full-time executive are increasingly turning to fractional CFO services. These arrangements provide access to seasoned financial expertise on a part-time basis,...

read more

Differences Between Interim CFO vs. Fractional CFO

In today’s dynamic business environment, companies often need financial leadership but may not require or be able to afford a full-time Chief Financial Officer (CFO). Two common solutions are hiring a Fractional CFO or an Interim CFO. While both serve vital roles in...

read more

Maryland Proposed DDA Budget Cuts for 2025

As the Chief Financial Officer (CFO) of a Maryland-based organization serving individuals with developmental disabilities, the recent developments surrounding the state's proposed budget cuts to the Developmental Disabilities Administration (DDA) for fiscal year 2025...

read more

Scenario Planning vs. Risk Management

Planning for the future and protecting against risks are essential to running a business. Two key tools for this are scenario planning and risk management. Although they may sound similar, they serve different purposes. Let’s break them down so they’re easy to...

read more

Building Partnerships for Financial Sustainability in DDA

Financial sustainability is not just a goal of the Developmental Disabilities Administration (DDA)—it’s a necessity. As a CFO, we understand that securing long-term financial health requires more than efficient budgeting and cost management; it demands strategic...

read more

What Causes Inflation?

Inflation is an intricate economic issue that affects businesses, individuals, and governments in many ways. For anyone owning a business, understanding what drives inflation is crucial to making sound decisions to safeguard your organization’s financial health. Let...

read more

What is Asset-Based Lending?

When businesses seek funding to grow, manage cash flow, or navigate challenging financial times, one financing option that often comes into play is asset-based lending (ABL). While the term might sound complex, the concept is straightforward and could be a lifeline...

read more

How to Manage Startup Finances

Starting a business can be exciting but has its fair share of financial challenges. Managing your startup’s finances is critical to its survival and growth. Whether you’re new to finance or just looking for practical tips, this guide on how to manage startup finances...

read more

How Rebates Work

Rebates are a standard business incentive tool that many organizations use to encourage sales and loyalty. As a CFO, understanding rebates' financial mechanics is crucial for managing the company’s cash flow and ensuring compliance with accounting standards. Let’s...

read more

What is the Debt Snowball Method?

In the world of personal finance, tackling debt can feel overwhelming, especially if you’re facing balances from multiple sources like credit cards, student loans, or medical bills. Enter the "Debt Snowball Method" – a popular debt repayment strategy that financial...

read more

Upcoming 401(k) Changes

The world of retirement savings is undergoing a significant shift. Starting in 2025, many companies will be required to automatically enroll employees into their 401(k) plans and begin deducting contributions from paychecks. This change is a part of the broader...

read more

What is a Forward Contract?

In finance and business, various tools and agreements are designed to help companies manage risks and plan for the future. One such tool is a forward contract. While it might sound complex, the concept behind it is pretty straightforward. In this blog, we’ll explain a...

read more