Miami CFO Blog

Using Digital Automations In Your Business

If you were to analyze the average work day of your finance and accounting personnel, you would realize too much of their day is spent managing or performing tasks using outdated methods. What’s most important is the fact that the excess time spent entangled in...

Digital finance programs and securities

Over the past couple of months, I’ve given you a lot of information regarding digital finance and all the innovative ways financial technology can benefit your business. Of course, once you’ve started using all the products, applications, and processes, you need to...

Understanding Financial Technologies

For centuries, gadgets have helped us improve efficiency and provide better experiences. The abacus, for example, is the most primitive counting device. It allowed merchants to add and subtract big numbers and keep track of the goods they bought and sold. The...

Digital finance programs and securities

Understanding Financial Technologies

The What, Why and How of ROI

Your company is doing great, and that has you wondering whether the time is right to make big changes. You might be thinking of investing in a new retail space, or upgrading your computer system, or even creating a multi-tier marketing campaign. Each choice would make a great impact. But before you make any big financial decisions, you need to calculate the return on investment (ROI).

Prepare for Tax Season

For a business owner, there’s probably nothing less enjoyable than tax prep. But while it might not be pleasant, it’s definitely necessary. And for those who procrastinate, it’s not just unpleasant but also stressful. But it doesn’t have to be that way! There’s plenty...

Creating a Realistic Budget

Every business needs a budget whether you’re running a start-up or have been in business for years. After all, how else can you know whether you’re spending money the smartest way possible? Like a map on a long-distance journey, a budget is essential for keeping a company on track and headed in the right direction. Among other things, a budget helps you determine how much money you have, how much you can spend, and how much you need to bring in to meet your goals.

5 Tips to Achieve Positive Cash Flow and Build Reserve

The pandemic created a ripple effect that spread across the globe and disrupted every part of our lives. For business owners, it’s created significant financial devastation, a heightened sense of uncertainty, and the ultimate motivation to survive and thrive. Business...

Benefits of Outsourced CFOs

Outsourcing has been around for decades. It began as a way for manufacturing companies to save on less-than-essential processes. It worked so well for them that more and more cost-conscious businesses started outsourcing their non-core business procedures.