Blog
Tag: Forecasting
When to Use a ‘Decision Tree’ for Business Planning
For those not familiar with the term, a decision tree is a flow chart that works through all possible response options in a scenario to…
5 Keys to Accurate Cash Flow Forecasting
Running out of cash is not only a sign of poor planning, but it’s also one of the biggest reasons that businesses fail. Forecasting your…
What is The Difference Between COGS and SG&A?
As fractional CFOs (Chief Financial Officers) we get a lot of questions about COGS (Cost of Goods Sold) and SG&A expenses from our clients. They…
Danger Ahead: What are the Future Business Risks? And What Can we Do About it? (From a CFO’s Perspective)
Uncertainty, a term frequently mentioned by business leaders today, essentially refers to business risk – an area CFOs often focus on. Let’s delve into the…
Do You Need to Switch to a Rolling Forecast?
If you’re wondering whether your company needs to switch to a rolling forecast, it’s important to look at why you’re asking. The simple act of…
The Ultimate Guide to Better Cash Flow Forecasting for Business Services
There is a misconception that business services companies do not need to prioritize cash flow management in the same way that retail businesses do because…
Business Contingency Planning for the New Era
In 2018 we published an article titled “How a CFO Will prepare Your Business for Unexpected Events.” In it we outlined 19 types of unanticipated…
Is It Time to Downsize Your Business?
Downsizing is never a light topic to broach, but for businesses that are financially compromised or experiencing a reduction in demand, it is important to…
The Convergence of Accounting and HR
Companies that understand how finance and HR overlap and foster a relationship between the two are better poised for long-term growth than their less informed…
Mastering the Budget Reforecasting Process
Budgeting and strategic forecasting creates a business roadmap to maintain stability and achieve growth. However, for forecasting to be accurate it needs to be modified…