Timely and relevant articles written by Nperspective firm members that provide valuable financial insights.
From white papers to business templates. Access free financial tools to make life easier.
It’s the summer of 2021 here in Florida, and COVID-19 is hopefully on a permanent wane. “Live” meetings are replacing virtual ones. Companies are actively hiring. It seems that a sustainable reopening is finally upon us. In essence, “2021” is somewhat a euphemism for the beginning of a post-COVID business […]
As vaccine distribution increases and most Americans can be vaccinated by May of 2021, most states are on the pathway to a ‘new normal’ for society and businesses. Your most important responsibilities as a leader of your company are to evaluate your organization and how it must change going forward, determine how to adjust your strategic plan, and clarify what recovery is for your business.
The COVID-19 pandemic is causing businesses to reconfigure offices and factories to allow for social distancing among employees, rethinking guidelines about working from home, refinancing debt, conserving cash, and controlling costs. Another “lesson being learned” is the strong push by businesses to accelerate digital transformation. What is Digital Transformation? Digital […]
What questions should you be asking yourself to help identify blind spots that could be impacting the growth of your business? This list of questions hit my radar while reading an article in Inc. magazine a couple of years back and now seems a perfect time in our business climate […]
We’re in the midst of a once-in-a-century pandemic, and uncertainty has never been greater. Each week, and sometimes each day, presents a new challenge, and some of those challenges present issues that we may not be prepared to face. But we persevere. It’s been five months since the wave of […]
One of the first things a CFO in a new situation should do is evaluate the risks that a company faces. Sometimes these risks are not obvious, but recent events demonstrate the continuing need to evaluate these issues carefully. INVENTORY The supply of inventory is vital to most businesses. One of the […]
Most of you who are reading this did not have an action plan for responsiveness to a global pandemic. The risk of this occurring was unlikely, remote or improbable. But COVID-19 has swept across the globe and most business strategic plans for 2020 have been thrown out the window. But, as the calendar […]
The news agencies have been quick to point out the effect of the Coronavirus on people and stock markets throughout the world. Just now, we are starting to hear about the proactive actions that some large businesses are taking to survive the Coronavirus – Disney is closing, airlines are scaling […]
We here at nperspective believe strongly in the need for businesses, of any size, to develop an operating budget and track their actual results against that budget. Many small and mid-size companies feel that developing a budget is too time-consuming and actual results are never close to budget anyway. A […]
According to the Small Business Administration, roughly 20% of small businesses fail during the first year of operation. That’s a surprisingly low number considering the commonly held belief that most businesses fail within the first year. Longer term, half of small businesses survive for five years, and only one third […]
© 2021, Nperspective CFO & Strategic Services
