ADVANCED CFO BLOG

Tips and tricks to help you run your business, from Advanced CFO's top financial and strategy experts

October 01, 2014

How does the Affordable Care Act (Obama Care) impact my business?

By Dave Chase

I recently sat through a short summarized presentation by some trusted advisors, G&A Partners, about how we should think about the Affordable Care Act and how it impacts our clients.  While this ...

September 03, 2014

Understanding the Basics of Loan Covenants

By Dave Chase

Understanding the purpose of covenants and which are common or expected is the key to securing the most favorable covenants you can when you negotiate your company loan.  Below are common questions w...

August 27, 2014

Don’t Ignore Price Strategies –3 Methods & 3 Impactful Ideas for Boosting Profits

By Dave Chase

At least once a year, we all stress about pricing, and some of us more frequently.  Pricing decisions can have far-reaching and impactful ramifications to your business.  However, pricing decisions ...

August 21, 2014

“Ready to Play”

By JB Henriksen

I recently read a sports psychology book called “Ready to Play” by Ron Chamberlain.  I realized that many of the concepts presented have been those I’ve used in coaching youth sports for years,...

August 13, 2014

The Single Most Important KPI for Your Business

By Casey Foote

“What is the most important KPI I should be looking at in my business?”  is a question I am asked constantly.  “Well, that really depends on your industry” is the lame, ambiguous, non-commit...

August 12, 2014

Trend Analysis

By Dave Chase

Trend analysis is a critical, and all too often overlooked, element of understanding what is happening in one’s business.  Far too often we see that companies are looking only at the unformatted, c...

July 30, 2014

The Wealth Multiple of Storytelling

By Dave Chase

I recently read the article in Entrepreneur Magazine called Why You Need to Become a Better Storyteller. I was reminded that a great storyteller can make you feel a connection and pull you in without ...

July 23, 2014

4 Reasons You Know You Need a New Accountant

By Casey Foote

4 Reasons You Know You Need a New Accountant Financial statements have high value when they are timely, accurate, and when they are presented in such a way as to lead to good decision-making.  The...

July 17, 2014

Too Many Spreadsheets – Is your company in trouble and you just don’t know it yet?

By Kent Thomas

I met with the management team of a client yesterday that we have been working with for about two months. Initially we performed an assessment of their accounting personnel and procedures, prepared a ...

July 10, 2014

Blue Ocean, Red Ocean…What is Your Strategy?

By JB Henriksen

Many people believe that a mission statement is a strategy.  Let’s not beat around the bush…it is not. A strategy governs how a company is going to reach its Big Hairy Audacious Goals.  For inst...

June 22, 2014

Does Your Company Have & Use the “Right” Technology?

By Kent Thomas

A recent survey by CFO Research and Big 4 accounting firm KPMG revealed that “nearly 40 percent [of those participating] reported that their existing information systems could not support analys...

June 12, 2014

Resisting the Pull of Short Term Results

By Dave Chase

Shocking, but true, a recent article by Harvard Business Review indicated that a recent survey of CFOs showed that 78% would ‘give up economic value’ to meet financial targets and smooth earni...

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