Jan 20, 2020 | Virtual CFO
If entrepreneurs are struggling to understand their business finances says virtual CFO, they stand a greater chance of failing in business. As Warren Buffett has famously said, accounting is the language of business. And 82% of entrepreneurs who were quizzed on basic...
Jan 20, 2020 | Virtual CFO
One of the biggest struggles that many entrepreneurs face in their entrepreneurship says virtual CFO is understanding their business finances. Intuitís, the makers of QuickBooks and did a survey of small business owners, in order to gauge how much they knew but their...
Jan 20, 2020 | Virtual CFO
If entrepreneurs are not comfortable understanding their business finances says virtual CFO, they can negatively impact their business. In fact, the makers of accounting software QuickBooks, Intuit did a survey of several small businesses in order to learn how well...
Jan 20, 2020 | Virtual CFO
It is a significant problem that many entrepreneurs have no prior business ownership experience says virtual CFO. The reason why is because when entrepreneurs lack business ownership experience, they often do not understand their business finances. In fact, into it,...
Jan 20, 2020 | Virtual CFO
One of the most important things that an entrepreneur can do, is learning how to be more financially literate says virtual CFO. The reason why, is because the more financially literate a business owner can be, the higher the chance of making decisions that can...
Dec 2, 2019 | Virtual CFO
An extremely important tool that is underutilized in business is the balance sheet says virtual CFO. When business owners need to make decisions in their business, if theyíre not consulting their balance sheet, they may be making decisions that are not in their best...
