Organizations work very hard to maximize the profits of the business incurs. Along with hard work, they need to strategize effective ways to improve those profits. While some organizations have done a great job executing these business booming strategies, some need to buck up. Read More »
With new financial policies and investment options mushrooming up almost everyday, to be a financial literate has become of the utmost importance. Financial illiteracy or the inability to understand key financial concepts can leave one handicapped and in turn ruin the efforts of the government to make a financially stable economy. Read More »
We don’t grow when things are easy; we grow when we face challenges. Running a business may seem an easy affair to those who haven’t tried but those who have, know the mess it can bring with itself.
Every growing business face hurdles and below are the remedies for most not all of such troubles experienced: Read More »
It is more often for the young to spend more than they earn and they are the same people who run the society with their emerging start-ups. This is a decade when every young potential is looking for start-up ideas to get their feet firmly on the ground.
Here are a few financial tips for such budding entrepreneurs for surviving this competitive world and to hit the big hurdles from some respected Finance Professionals: Read More »
The difference between a CFO and a Controller has been looked for ages now. With a very thin lining between the two of them, they share the same differences as twins.
The distinction between a Controller and CFO is that of perspective. A Controller is more focused on compliance and historical record keeping or rather it should be said in other words, tactics; while a CFO tries to focus on planning and future performance. Read More »
Traditionally it is observed that the relation between a CFO and CMO are not friendly mainly because of distribution of the budget. Both the executives feel that they have the right to decide on how much should be allocated on each head and this leads them to drift apart from each other. Read More »
For any small businesses in America, it is necessary that they have control over their finances because it is the bloodline of the business. When the finance team of any concern stops working properly they cannot sustain their growth and sometimes even face losses. Read More »
The role of a CFO is no more confined to only finances it is evolving every day and nowadays it has become essential in driving new business models for the concerns. Most of the US leading companies are focusing on cost control mainly after the recession. Now they are ensuring that the cash reserves are growing along with a strong balance sheet. In this quest for growth the CFOs of the organization plays an important role so that they may help their concern gain a steady growth. Read More »