News and Events
Be sure you check-in here to keep up with the latest news and events from Clara CFO Group, including our job openings, and our latest webinars and workshops!
For more learning opportunities you can also refer to our Clara CFO Group YouTube channel, and you can check out our library of small business resources at http://learn.claracfo.com/.
If you need a clear, financial solution for the short term, and you’d like to speak to us, a CFO clarity session is the answer: book your clarity session with us today.
The Fraud Triangle – What Every Small Business Owner Needs to Know
Small business owners often think that they are too small to be victims of fraud. The reality is, fraud affects businesses of every shape and size, in every industry.
STAFFING YOUR ACCOUNTING TEAM: Six Signs It May Be Time to Bring Accounting In-House
Traditionally, accounting is a common role to outsource. However, if your business is growing, you will likely need to bring this role in-house eventually. Here are six signs your business may be ready for in-house accounting support in the form of a bookkeeper or accountant.
Case Study: Gaining Clarity Through Numbers
Let’s take a look at a challenge faced by one of Clara CFO Group’s clients, the solutions we developed in response, and the results our client achieved as a result.
Sales Tax Software Solutions for Small Businesses
If there’s one thing that’s clear to e-commerce business owners it’s this: sales tax is...
What Does the Wayfair Decision Mean for Your Business?
In my previous post I introduced the concept of “nexus” and touched on the U.S. Supreme Court case South Dakota v. Wayfair – a ruling which is now triggering new tax collection requirements for many businesses.
What You Need to Know About the Wayfair Decision
The South Dakota v. Wayfair ruling made sweeping changes for e-commerce businesses. Will it affect your small business?
Top Tools for Financial Success
We recommend these financial tools and tech for your growing small business.
Case Study: Hiring Quickly in Professional Services
Case studies take us beyond theory, and into practical application. For that reason, they are a...
Is There an Outsourced, Fractional, or Virtual CFO in Your Future?
If you have an established, successful business chances are you have someone in the critical role...
Solutions for a Stress-Free Tax Season
The truth is, filing your taxes shouldn’t be something that fills you with dread. I recently interviewed an outstanding CPA, Melanie Bledsoe of Bledsoe Consulting Services, to get her top tips for a stress-free tax experience.
Win Your Year with Strategic Budgeting
Many of us have a negative reaction to the word “budget”. While a budget is simply an estimate of income and expenditure for a set period of time, the word often creates images of hardship and suffering, giving up good things, and making sacrifices – at least in our personal lives. The reality is, your […]
Say Bye-Bye To Vanity Metrics …
… and hello to four metrics that matter! Don’t forget to grab the worksheet at the end of the post! The new year is well under way, and there’s lots of talk about business planning and implementation for this year (and beyond!). Before you finalize all those amazing plans for the year, I encourage you […]
Is Your Business On Track?
Today I’m excited to share the final post in our series about the five most important reports in your business. Previously posts covered: Balance Sheet Profit and Loss Statement Accounts Payable Aging Accounts Receivable Aging And now it’s time for the report that helps you determine if you’re on track to your plan – the […]
Don’t Hide From This Kind of Aging
Today we continue our series describing essential financial reports, and we’re going to talk about why you should embrace aging! In our personal lives, many of us try to think of “aging” as rarely as possible. But when you are looking at your business, aging becomes a critical element in reviewing the health of your […]
Understanding Your Profit & Loss Statement
Many reports or tools have more than one name. As a reminder, your profit and loss statement is also sometimes referred to as: P&L, Income Statement, IS, Statement of Earnings, or Statement of Financial Performance. For this discussion, we’ll be using the term “P&L”. For most business owners, the P&L will be the most powerful […]
Balance Sheet Basics … and Beyond
In my previous post (Money Talks. Can You Understand What It’s Saying?) I discussed the importance of becoming familiar with some of the jargon, terms, and acronyms that will help you understand your business. One of those terms was “balance sheet”, which I described as an overview of what the business owns as well as […]
The Top Five Financial Reports For Your Business
Successful business owners understand money, and how the moving parts of money affect their business. They do this – not by staring at their online bank balances – but by regularly preparing a series of reports that help them understand the financial health of their company. Those reports can also be “canaries” for business owners, […]
Money Talks. Can you Understand What It’s Saying?
If your answer to this question is an apologetic, “Um, no. I can’t.”, I’m here to help change that! Because numbers, calculations, and money are the mainstays of our business, it’s easy for financial service providers to forget that terms which are so familiar to us are often mysterious or even intimidating for our clients. […]
Hierarchy of Accounting Needs
Have you ever been confused about which financial professional you need for your business? There are so many to choose from: Certified Financial Planners, Certified Public Accountants, Enrolled Agents, accountants, bookkeepers, controllers, and Chief Financial Officers. Just as all doctors should not perform heart surgery, CPAs and other financial professionals are not one-size-fits-all! This distinction […]
Four Ways to Avoid Debt
I am not a fan of debt. Not in personal finances or in business. One of the main reasons I don’t like debt is because it is EXPENSIVE! That’s right, it costs a lot of money to keep and maintain your debt. It’s called Interest Expense, and it can drain your business if you aren’t […]
PPP Forgiveness Webinar for Schedule C Filers & General Partnerships
If you are a Sole Proprietor, Schedule C Filer, Independent Contractor, or General Partnership with NO EMPLOYEES, then we invite you to join our PPP Forgiveness Webinar as it is designed specifically for you.
