What is The Biggest Fear in Your Business

Michael Barbarita, founder of Next Step CFO, shared a new blog post about the five most common needs and wants his clients have had.
By: Next Step CFO is a part-time CFO firm in Boston,MA
 
DEDHAM, Mass. - June 17, 2016 - PRLog -- Drawing on his many years of experience, Chief Financial Officer Michael Barbarita has shared a blog post about the five main issues his clients have faced.  Those five issues are:

·       Not knowing whether or not the client is making money-for this issue, Michael nails down the importance of accurate and timely financial statements.  Michael emphasizes the fact that financial statements act as a scoreboard for what's going on in one's business.

·       Not knowing where the cash is going-for this issue, Michael wrote that cash can end up in different hiding places.

·       Overwhelming workload-for this issue, Michael emphasizes the importance of a strategic plan and having clear direction for the business.

·       Choppy Sales-for this issue, Michael wrote that owners must work on their business instead of in the business.

·       Employee accountability

The full blog post can be found at http://cfo-chief-financial-officer.blogspot.com/2012/10/what-is-your-biggest-fear.html.

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Source:Next Step CFO is a part-time CFO firm in Boston,MA
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Tags:Cfo Services, Cfo Duties, Cfo
Industry:Accounting
Location:Dedham - Massachusetts - United States
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