How to Strategically Invest in your Business During a Downturn A recession or downturn in the market is one of the most demanding scenarios for senior leadership to weather because there are so many possible responses to consider. Each decision leadership makes during this critical time can have a significant effect on the company’s ability to come out on the other side at all, let alone seize available opportunities to grow in the process. So, how can you strategically invest in your business during a downturn to increase the likelihood that it will be able to emerge stronger? https://hubs.ly/Q02LnFxq0 #cfoselections

Should I Sell My Business Now or Wait? Our CFOs get asked about business exit options a lot, especially these days. Business owners that are looking to step away to pursue other endeavors, interested in cashing out to get the full value of their hard work, or nearing retirement all wonder when they should make their move to maximize their gain. https://hubs.ly/Q02LnDMN0 #cfoselections

How CFOs Plan and Prepare for Worst-Case Scenarios During a worst-case scenario, leadership must decide whether the organization will make the necessary adjustments needed to continue with business as usual or change how the company will operate. And while the conversation will undoubtedly include operational and capacity considerations, it is primarily a discussion about financial capabilities. https://hubs.ly/Q02Lnq0Z0 #cfoselections

Should you have a financial assessment done? Find out now! https://hubs.ly/Q02NCFYW0 #CFOselections

Successful Cash Flow Management Business executives who have problems with cash flow at their organizations (or want to avoid future issues) will benefit from earmarking these cash flow tips: https://hubs.ly/Q02Lnq0Y0 #cfoselections

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 questioning whether your current budgeting process is sufficient likely indicates that you have identified a shortcoming in your current budgeting process that provides an opportunity for improvement. Moving to a rolling forecast may offer benefits over your existing methodology, but it’s important to understand the pros and cons associated with using a rolling forecast and what to be aware of when considering switching budgeting methods. https://hubs.ly/Q02Lng8g0 #cfoselections

How Nonprofits are Using Technology to Grow in a New Age While most nonprofits do not have the budgets nor the expertise required to implement sophisticated AI like robot workers or drones, virtually all nonprofits have found new ways to use technology or improve their existing technology usage over the last few years. https://hubs.ly/Q02Lngls0 #cfoselections

Mastering Nonprofit Cash Flow Projections However, cash flow projections for nonprofits are just as important as cash flow projections in the corporate world, maybe even more so! Why? Nonprofit organizations are less likely to have a steady stream of income than their for-profit counterparts. Without a predictable income each month, many nonprofits bounce back and forth between deficits and surpluses, making the day-to-day management of the organization as well as strategic planning more difficult. Let’s learn more about why cash flow projections are necessary, how to do them, and what they are telling you: https://hubs.ly/Q02Lnj230 #cfoselections

Is My CFO Underperforming? Find out how to do a CFO evaluation to assess whether your CFO is helping to drive growth or hinder it: https://hubs.ly/Q02Lnms00 #cfoselections

Find out how to mitigate risk: https://hubs.ly/Q02TZbJY0 #CFOselections #BusinessFraud #FraudPrevention