4Thought Blog

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7 Key Questions a Strategic Thinking CFO Should Consider

Posted by Andy Kahn on Tue, Jan 24, 2017

In today’s business climate, every key management position needs to offer more value, and the Chief Financial Officer is no exception. Due to the broadening scope of the role, it’s crucial for CFOs to go beyond their financial reporting duties and take an active role in their company’s strategic planning.

Your financial expertise is a strength that can be leveraged in multiple scenarios. That knowledge can be used in partnership with identifying the key constraints holding back your company’s growth.

The following seven questions will help you determine those constraints – and how you, as a strategically-minded CFO, can help overcome them:

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Topics: Business consulting, CFO Advisory Services

The Modern CFO: Strategic Planning is Vital for Business Success

Posted by Concannon Miller on Tue, Dec 20, 2016

Many CFOs spend more than half of their time on basic accounting tasks.

While this may be warranted when a company is new, for a growing company we think there are more valuable strategic responsibilities that the prime talent of a good CFO should focus on.

Instead of spending so much time on accounting duties, valuable CFOs should be freed to spend the majority of their time as a business leader.

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Topics: Business consulting, CFO Advisory Services

Think Like a CFO: How Small Business Owners Can Boost Their Bottom Line

Posted by Andy Kahn on Thu, Nov 3, 2016

Small business owners wear lots of hats – in addition to your CEO duties, you may also handle your company’s operations, marketing and hiring. You might even shovel the sidewalks in the winter.

A critical job responsibility that should always be on your mind is that which a CFO handles. Your company may not be big enough to warrant having a CFO, but that doesn’t mean you shouldn’t think like one.

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Topics: Business consulting, CFO Advisory Services

5 Fourth Quarter Tax Planning Ideas Every CFO Needs

Posted by Tony Deutsch on Thu, Oct 13, 2016

April 15 may be the day most associated with accountants, but great CPAs know the fourth quarter is the most important time of year.

During the fourth quarter, business owners and CFOs can take action to minimize their tax impact come April 15 and evaluate budget and plans for the following year.

Below are five tax planning tips CFOs should consider in the fourth quarter:

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Topics: Business tax planning, CFO Advisory Services

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