#Cfo
Secrets of Business Success: insights from an outsourced 21st Century CFO
Outsourcing a CFO and Finance function allows business owners to focus their energies on the day-to-day running of their business, while employing someone who is more across the specifics the modern role requires.
How to plan your SME’s 2017-18 travel budget
As the financial year draws to a close and next year’s budgets are debated, there are plenty of ducks to get in a row before July 1 hits. While travel spend may not be front of mind, as CFOs we need to think differently (and strategically) about maximising time on the road and the costs […]
Late payment research from Amex and Xero highlights the cashflow burden for SMEs
Coinciding with the anticipated release of the Small Business Ombudsman’s report on its inquiry into payment times and practices, American Express has released research showing mid-sized Australian businesses owe $8 billion in outstanding payments to suppliers, with more than $2 billion currently overdue. According to Martin Seward, VP, Small & Medium Enterprises at American Express Australia, […]
A new breed of CFO: The Chief Failure Officer
The days of the CFO sitting in the corner office counting beans are long gone. No longer just the most senior accountant, today we look to our finance leaders to embrace digital technologies and use data analytics to drive consistent and measurable growth for our business. Modern CFOs are increasingly expected to be key drivers of […]
How to improve your cashflow within 60 days
Cashflow is the lifeblood of any business and more SMBs have been destroyed through cashflow issues than from any other cause. The last thing you need is to be stressing about whether you have enough cash to pay your own suppliers when you should be running your business. So, you’re not ready to hire an […]
Managing growth: the rise of outsourced CFOs
As your business grows, you shift from being a service/product provider to a capital manager. The shift is gradual but represents a significant challenge if you haven’t developed the necessary skills or don’t have any aptitude or interest in this new role. Most often the solution to any skills gap is to bring in expertise, which for capital management, is […]
How to get rich slow: Q&A with Finn Kelly
Dynamic Business chatted to Finn Kelly about his financial advisory business for young professionals, and got his thoughts on what he sees as a financial knowledge gap in Australia.