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CFO Solutions | mycfosolutions
https://mycfosolutions.wordpress.com/author/mycfosolutions
Simple financial solutions for your company. This user hasn't shared any biographical information. Homepage: https:/ mycfosolutions.wordpress.com. 5 Budget Tips for Success. On October 19, 2016. Although formal budgeting and forecasting are thought to be reserved for, and only. Do I REALLY Need a Budget? Your budget is your map to the future. You know where you are today. Right? But where do you want to be in the future, say 12 18 months from now? That’s where your budget comes in, it’s your map. 3 Sketc...
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Driving the Revenue Road – What is a Contract? | mycfosolutions
https://mycfosolutions.wordpress.com/2015/06/03/driving-the-revenue-road-what-is-a-contract
Simple financial solutions for your company. Laquo; What is revenue and why is it important? Road to Revenue, Our Second Stop Performance Obligations? Driving the Revenue Road What is a Contract? In my previous post, we looked at What is Revenue? We have 5 stops along our journey to revenue. By now you are probably scatching your head wondering what this means and why should you care, right? What does it mean to have a contract with a customer? Now that we get what a contract is, what is a customer?
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Road to Revenue, Our Fourth Stop – Allocating Our Price | mycfosolutions
https://mycfosolutions.wordpress.com/2016/03/08/road-to-revenue-our-fourth-stop-allocating-our-price/comment-page-1
Simple financial solutions for your company. Laquo; Road to Revenue, Our Third Stop The Transaction Price. Road to Revenue, Our Fourth Stop Allocating Our Price. Road to Revenue, Our Fourth Stop Allocating Our Price. Is there a contract? What do we need to deliver under that contract? What is the selling price we’ll get? How do we allocate the selling price to different items we’ll deliver under the contract? How do we ultimately recognize revenue? How do we allocate our selling price? This post is not i...
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Don’t Go It Alone. Choose Your Trusted Advisor Today! | mycfosolutions
https://mycfosolutions.wordpress.com/2016/08/16/dont-go-it-alone-choose-your-trusted-advisor-today
Simple financial solutions for your company. Laquo; Uncovering the Secret to Success. 5 Budget Tips for Success. Don’t Go It Alone. Choose Your Trusted Advisor Today! Time for a shout-out to entrepreneurs and small business owners! According to the Small Business Administration, Small Business is BIG! Don’t go it alone, get yourself a Trusted Advisor. How can you be sure that they will hold your finances, bank balance and trade secrets in strict confidence? What is a CPA? Why Do I Need a CPA? A CPA can p...
mycfosolutions.wordpress.com
5 Budget Tips for Success | mycfosolutions
https://mycfosolutions.wordpress.com/2016/10/19/5-budget-tips-for-success
Simple financial solutions for your company. Laquo; Don’t Go It Alone. Choose Your Trusted Advisor Today! 5 Budget Tips for Success. Although formal budgeting and forecasting are thought to be reserved for, and only. Do I REALLY Need a Budget? Your budget is your map to the future. You know where you are today. Right? But where do you want to be in the future, say 12 18 months from now? And, once you figure out where you want to be, how will you get there? That’s where your budget comes in, it’s your map.
mycfosolutions.wordpress.com
What a VC Wants | mycfosolutions
https://mycfosolutions.wordpress.com/2016/06/09/79
Simple financial solutions for your company. Laquo; Profitable Yet? The Pressure’s On! Managing Your Cash It’s More Than Just Money in the Bank. What a VC Wants. You may have heard of the movie What a Girl Wants staring Colin Firth and Amanda Bynes, but do you know about what a VC wants? As a startup or early-stage company, you are probably more intrigued and interested in what a VC (venture capitalist) wants. So, what. A VC really want? Calls this identifying the dog . What does this mean? But wait, the...
mycfosolutions.wordpress.com
Managing Your Cash – It’s More Than Just Money in the Bank | mycfosolutions
https://mycfosolutions.wordpress.com/2016/06/22/managing-your-cash-its-more-than-just-money-in-the-bank
Simple financial solutions for your company. Laquo; What a VC Wants. Uncovering the Secret to Success. Managing Your Cash It’s More Than Just Money in the Bank. Image by: Tatiana Popova. Do you cringe when you hear the phrase cash flow statement? Know your cash burn. Keep an eye on your cash runway. B) But, you anticipate growing and hiring additional employees down the road, eventually moving into a larger space and adding advertising and marketing to your budget. Now, your monthly cash burn is up t...
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Uncovering the Secret to Success | mycfosolutions
https://mycfosolutions.wordpress.com/2016/08/02/uncovering-the-secret-to-success
Simple financial solutions for your company. Laquo; Managing Your Cash It’s More Than Just Money in the Bank. Don’t Go It Alone. Choose Your Trusted Advisor Today! Uncovering the Secret to Success. So, what does it take to succeed as an entrepreneur? Just ask anyone and they will tell you anywhere from three to thirty things you need to know in order to succeed. You need a great PRODUCT that people (your customers) want to buy. Your timing needs to be impeccable. Failures, repeated failures, are finger p...
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mycfosolutions | Simple financial solutions for your company. | Page 2
https://mycfosolutions.wordpress.com/page/2
Simple financial solutions for your company. What’s Up with That? Posted by CFO Solutions. On April 22, 2016. Read the rest of this entry ». The Rise of Spreadsheets, it’s All in the Numbers. The Value of a CPA. Posted by CFO Solutions. On April 15, 2016. What do I need one of those for? What value can they add to my business? They just want me to follow a bunch of accounting rules that make no sense! Looking to grow your business? Why are spreadsheets important? Susan Nieland, CPA. On March 17, 2016.
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Profitable Yet? The Pressure’s On! | mycfosolutions
https://mycfosolutions.wordpress.com/2016/05/23/profitable-yet-the-pressures-on
Simple financial solutions for your company. Laquo; DOW Drops 80% in 2016? What a VC Wants. The Pressure’s On! Photo by Rehan Qureshi. Then they ask the dreaded question, When will you turn a profit? You think, I’ve just started my company. I haven’t launched my product yet. How can I be profitable when my product’s still in beta testing, my customer base is small, and I have very little revenue? Then you think Well, there must be some way we can show a profit . Susan Nieland, CPA. From your own site.