CFO Insights

Staffing Thoughts Post-Quarantine

Businessman In Office Using Social Media

As we are all getting back to work, many businesses are beginning to examine their processes and procedures to see how to blend the efficiencies of what we learned during the quarantine with the way we used to do things with departments full of people milling around our offices every […]

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Evaluating Business Risk

Risk management concept avoid, accept, reduce and transfer

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 […]

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Your Business Recovery Plan After Covid-19

chess board game concept for competition and strategy

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 […]

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It’s Not Just a Budget, It’s a Plan

The management is checking the company earnings chart on the office desk.

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 […]

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Resolutions For A Healthy 2020

New year resolutions

Happy New Year! The new year is a great time to resolve to become a healthier person and to run a healthier business. You can see your doctor for a physical examination and find out what areas you need to work on to become healthier. You can work with a […]

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Acquisitions as a Growth Strategy

Business people analyzing financial documents

There is a sense of pride and accomplishment that comes with growing a business from the ground up with the entire organization’s team effort. Through organic business growth, a company can use its existing resources to expand its business to create tangible financial results. The biggest potential negative aspect of […]

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How to Prevent Small Business Failure

Failure in business

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 […]

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Is Top Line Revenue Growth How You Measure Your Wealth Program?

Man working on laptop computer

Historically financial services firms have had a top line revenue focus, ranking their producing personnel based on revenues. Using a revenue ranking methodology, high performing producers may be eligible for President Club trips, payout grid enhancements, and other benefits. While sales and revenue are not unimportant tools in measuring the […]

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