What’s the Difference Between a CFO and a Controller?

What’s the Difference Between a CFO and a Controller?

Three common roles in a company have the most influence over financial affairs and functions: the Certified Public Accountant, the Chief Financial Officer, and the Controller. Some might find it difficult to know the difference between a CFO and a Controller. These...
When Should My Business Hire a Controller?

When Should My Business Hire a Controller?

The best time to hire a financial Controller depends on the business’s size, current staffing, projected future growth, and organization of the firm’s accounting function. What Is a Controller? A Controller is an employee in a management position responsible for some...
Tips for Small Business Financial Management

Tips for Small Business Financial Management

Small businesses exist for many reasons, but they all share 3 common purposes: They must be worth pursuing, as envisioned by the person or persons starting them Once pursued, they must continue To continue, they must earn a profit For a small business to succeed, it...
4 Reasons a Small Business Should Outsource Accounting

4 Reasons a Small Business Should Outsource Accounting

When it comes to a business’s financials, much depends on the type of business and the needs and motivation of the business owner(s). Accounting is essential to all small businesses.  Many small businesses that pay little or no attention to their accounting...
Top 6 Small Business Financial Mistakes

Top 6 Small Business Financial Mistakes

Owning a business is part of the American dream, but starting or running a business is not easy. There are six critical small business financial mistakes a successful business needs to avoid. Top 6 Small Business Financial Mistakes Many new businesses start every...
How to Do Bookkeeping for a Small Business

How to Do Bookkeeping for a Small Business

Bookkeeping for a small business is similar to any size business. There are prescribed steps to follow (known as the accounting cycle). Differences occur because of the complexity and needs of the business and the method, usually manual or computerized, used to do the...