Many small and medium entrepreneurs don’t avail of MIS reports for their business. Among the available MIS reports, Cash Flow is an important tool that can benefit business entrepreneurs. Many entrepreneurs are unaware about what exactly Cash Flow is and how to prepare the Cash Flow Report. Every entrepreneur asks this question “Am I making […]
As the name suggests MIS is a System to highlight specific Information pertaining to key performance areas to the Management. Every organization’s key goal is to improve profitability & sustain itself in the long run. Since the organization operates in a dynamic environment involving risks & uncertainties there is a need to periodically monitor multiple […]
The present tight liquidity is affecting the working capital cycle of most businesses. It is impacting the MSME’s even more, as poor collections mean mounting Debtors beyond permissible aging, resulting in lower Drawing Power for bank facility which in turn reduces the availability of working capital limit from banks. Delays in the collection are not […]
The business community is looking forward to the Union Budget 2020 to provide some relief in the current economic slowdown. Our team of CFOs have shortlisted the below mentioned 4 points as the most important expected announcements and suggestions: 1. Reduced rate of Tax for LLP & Partnership firm Tax rates for corporates are reduced […]
Background: In 2006, we met a passionate entrepreneur with great ideas. He wanted to try new things and create a business that would make a difference. Even with great ideas, this young gun didn’t know nuances of running a business. Meeting with CFO Services: He met one of the partners of CFO Services at a […]
Drones have been in news around for quite long now! Use as well as no-use of drones will affect many industries and businesses directly or indirectly. Below are few interesting facts on drones across world: There is a health care based company in California named Zipline which is the world’s first and only national scale […]
Currently, with the fast-paced lifestyle and business module, the trend in organizational culture has shifted to the use of technology with minimal staff. No one has enough time to look after the accounts and evaluate the business, since the main focus of the senior management is to expand and grow the business as well as […]
When it comes to start-ups, managing finances is extremely crucial. For a lot of start-ups, the shortage of funds is nothing new. However, they also have to accelerate their business at full speed with these funds. This can be a difficult proposition for many, especially without the right personnel. CFO services for start-ups are among […]
A CFO is a critical resource in every organisation. However, it is equally important to choose the right CFO partner for your business to reap maximum benefits. A lot of businesses are not aware of what to look for when hiring a CFO. By paying attention to certain important points, businesses can find the perfect […]
CFO Services are among the most critical functions of every business. However, there are many types of CFO services that are available for your business. All these services are taken care by an expert CFO. A CFO is responsible for several financial decisions that impact the overall running of the business and its future growth. […]