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Business in Philadelphia and the CFO, from ProCFO Partners

Part Time CFO Services Philadelphia

As one of America's oldest cities, Philadelphia has a rich, storied tradition and a business culture that follows, with high premiums on relationships and authenticity. Juxtaposed to this is an invigorating, innovative business set where small businesses and incubators are...

Aug 6, 2021
Creating Your Advanced Warning System to Avoid Cash Flow Catastrophe

How To Avoid Negative Cash Flow

Maybe the only thing worse than having cash flow issues is being surprised by cash flow issues. A cash flow problem arises when a business begins to have more cash outflows than inflows. We are not speaking about profitability, but...

Jul 23, 2021
Construction Industry Best Practices For Financial Strength

Construction Industry Best Practices For Financial Strength

The construction companies that are the most profitable right now are succeeding because they have made it a point to push financial understanding down to the field level. Keep reading for construction industry best practices for financial growth - first...

Jul 1, 2021
Manufacturing Company Management: Best Practices for Financial Functions

How To Manage a Manufacturing Business

Small and mid-market manufacturing companies face a number of potentially complex issues. Like any manufacturer, strategic mindsets around raw materials, storage, uptime, vendor relationships, labor and distribution are all essential. But unlike larger manufacturers who might be more heavily resourced...

Jun 25, 2021
Understanding Change vs Transition: The Most Important Business Challenge (copy)

Understanding Change vs Transition: The Most Important Business Challenge

Change in business is inevitable. If we're fortunate we get to assume some control in change. Other times we can feel like we're just at the mercy of change. A company’s ability to change and remain vital depends on its...

Jun 3, 2021
Why You Need A Part-Time CFO

When Do You Need a CFO

Yes. You need a CFO. Even if you have a bookkeeper or an accountant, even if you’re a small business or a start-up. You - yes you - need a CFO. Or more accurately, you need a CFO’s perspective. A...

May 13, 2021
Budgeting and Planning the right way from ProCFO Partners

Budgeting Planning For Success

The most important thing you can do when budgeting and planning is collaborate. Many CEOs, CFOs and other business leaders will close the office doors, sit alone at a desk and build a budget or plan. This is literally creating...

May 6, 2021
Scenario Planning vs Contingency Planning for Not For Profit Organizations

Scenario Planning vs Contingency Planning for Not For Profit Organizations

The 2020 Pandemic showed every business and Not For Profit that things can change quickly and unexpectedly. While the shifts in business have often been extreme and extraordinary in this time, it serves as a meaningful reminder of the importance...

Apr 15, 2021
Knowing Your Readiness for a Merger or Acquisition

Knowing Your Readiness for a Merger or Acquisition

The process of acquiring or selling a business, or merging it with another, is complex and sometimes arduous. While very different processes are involved for a company doing the acquiring vs being acquired, there are some similarities every organization should...

Mar 18, 2021
How ERC, PPP & the CARES Act Can Help Your Business

How ERC, PPP & the CARES Act Can Help Your Business

The unique challenges companies have faced with the COVID-19 pandemic have been met with unique opportunities for assistance. The latest round of assistance available, including the extended Employee Retention Credit (ERC) makes it easier for companies to take advantage. In...

Mar 12, 2021
What Got You Here Won’t Get You There: Planning for Prosperous Business Growth

How to write business growth plan

Business growth is a little like how athletes move through competitive levels. Professional athletes talk about how games change as players move from amateur to college to professional levels. It's not just skills development that's needed, but an ability to...

Feb 18, 2021
Driving With Data: Advice for Startups and SAAS Companies

Cash Flow Forecast For Startup Business

SAAS (Software As A Service) companies and startups, especially in technology, have a lot of tea leaves to read. In order to attract investors and funding you need to have a strong handle not just on the quality of your...

Feb 4, 2021

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