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How Can a Virtual CFO Help Your Small Business?

By Analytix Editorial Team

December 7,2020 0 Comments
How Can a Virtual CFO Help Your Small Business

A virtual CFO can provide unparalleled support to startups and small businesses. This is especially significant in light of the large-scale devastation faced by small businesses since January, when the COVID-19 pandemic began. According to a survey by Harvard Business Review, 45% of small businesses were temporarily closed due to COVID-19. Total employment by these

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How a Part-Time CFO Can Help Your Business Grow

By Analytix Editorial Team

November 24,2020 0 Comments

The Chief Financial Officer (CFO) drives and influences business growth through an understanding of financial operations and the ability to guide operations. The CFO oversees and evaluates financial operations, provides forecasting and budgeting, and guides companies in making informed decisions about future growth. The Part-Time CFO The benefits of a CFO are invaluable but come

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The 5 Must-have Accounting Reports for Your Small Business

By Analytix Editorial Team

September 21,2020 1 Comments

As small businesses prepare to reopen after the COVID-19 pandemic, it is prompting many to re-examine their small business accounting strategies. While most small business owners are excellent at what they do, the task of managing finances, especially in these unprecedented times can be challenging. Many of America’s small business owners are thinking about how

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Benefits of Outsourced CFO Services to Small Businesses

By Analytix Editorial Team

July 30,2020 0 Comments
Benefits of Outsourced CFO Services to Small Businesses

Most small business owners stay focused primarily on sales, leaving their financial position to chance. According to the Small Business Report, 60% of small-business owners feel they are not very knowledgeable about accounting and finance. Further, owners who do have accounting skills are mostly stretched too thin addressing other areas of the business. Hiring an

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Best Practices to Maintain Healthy Cash Flow

By Analytix Editorial Team

February 27,2020 0 Comments

Maintaining healthy cash flow is a daunting task for even the savviest business owners. With poor cash flow management, it only takes one small downturn to cause your business to close shop completely. Fortunately, there are steps you can take to increase your cash flow and avoid potential problems. Here are the best practices that

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How to Fix Cash Flow Issues in Small and Mid-Sized Businesses?

By Analytix Editorial Team

February 27,2020 0 Comments

For small business owners and startups, cash flow often becomes a hurdle that keeps them from achieving their full potential. Part of the struggle stems from tight margins, and at times from a smaller client base, which ultimately means fewer cash flow channels. According to Intuit’s 2019 State of Cash Flow Report, nearly two-thirds (69%)

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Transforming Business Workflow with Automation

By Analytix Editorial Team

December 19,2019 0 Comments
Transforming-Business-Workflow-with-Automation

Automation is changing the way the world conducts business. It provides businesses with tools that speed up operations, streamline functions, and enhance productivity. The end result? Improved efficiencies and profitability that businesses can’t afford to miss. Effective integration of tools and applications can help small to mid-sized businesses achieve high growth goals without exhausting their

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List of CFO Services That Small Businesses Can Outsource

By Analytix Editorial Team

November 27,2019 4 Comments
Outsource CFO Services

Growing small businesses often reach an internal tipping point when they need a CFO to handle financing strategies, budgets, and be the sounding board before big decisions are taken. However, small businesses typically can’t afford a full-time CFO and often don’t need one either. But given that 82% of business failures are due to poor

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Top Five Business Financing Options

By Analytix Editorial Team

September 10,2019 0 Comments
Top-Five-Business-Financing-Options

As a business owner, it can be a daunting task to determine the perfect financing option for the growth of your small or mid-sized business. Let’s dig into the top five ways of financing: debt, equity, and the latest alternative financing options: crowdfunding, peer-to-peer lending, and corporate cards. Types of Financing Options Available 1. Debt

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Top Three Ways to Make Your Business Creditworthy

By Analytix Editorial Team

September 10,2019 0 Comments
Top-Three-Ways-to-Make-Your-Business-Creditworthy

Want to grow your business? Good business credit is the key to getting funding for your venture, but establishing a positive business credit history does not happen overnight. Here are the top three ways to make your business creditworthy. 1. Maintain a Healthy Business Credit Score Your personal and business credit history is an important

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