Our Blog

By Manny Cosme, President & CEO“Congratulations,” said the headline on the email that popped up on my screen. Normally I ignore the email notifications that I get as they tend to be more spam mail or nonurgent questions that can wait until the end of the day. But...

Zambrana’s election is a historic one,  as she is only the second woman to hold this position in this chapter.  By CFO Services GroupBNI Business Boosters has just announced their new leadership for the upcoming term of Oct. 2022-Oct.2023, naming CFO Services Group’s...

We're honored to be featured in the Washington Blade  By Lou Chibbaro Jr. - Washington Blade"CFO Services Group, a gay-owned D.C. financial services consulting company, is one of six D.C. small businesses to participate in a program launched in September by Mayor...

Company Bond Offering Through SMBXWe’re excited to announce that we are now offering Small Business Bonds™ through SMBX to raise money for our expansion. The best part about buying our bonds is that you’ll get 7% annual interest, paid back each month + principle. In...

Easily Create Financial Projections That You Can Use To Grow Your BusinessCreating financial projections are vital to the success of your business. Your financial projections serve as a roadmap, showing you in detail how you will get from where you are today (Point A)...

Make sure you are selling the right product mix to maximize your revenue.Business nowadays are anything but simple. The fast-paced evolution of technology has made it easier for entrepreneurs to dive into several lines of business. I recently met a young man who owns...

Review these five simple metrics to ensure your business is on track.Your financial statements tell a story about your business. If you ever feel like your business is stuck and you don’t know how to proceed, the answer is often contained in your financial...

Protect yourself by having multiple streams of income.Creating diversifying revenue streams within your business is very important and crucial to the long-term success of any venture. Winning clients and customers takes time and patience, and a lot of relationship...

Be Sure To Include All Your Contractors In Your Filing, Otherwise You Could Incur A Penalty.Now that the holidays are behind us, it’s time to get back to work! And what better way to kick off the new business year...than with a tax deadline. In case you forgot, you...

Is Your Tax Preparation in the Right Hands?As the New Year opens, one business task to begin is your 2020 tax return preparation. CFO Service Group’s job as a management accounting team is to work with your tax preparer and provide the information they need. We also...

Ditch The Shoebox And Follow These Steps To Help Piece Together Your Business Financials For Last Year.As the tax deadline quickly approaches, you may be starting to sweat a little. Bookkeeping is never an easy task, and saving all the work until the last minute can...

Watch your receivables turnover rate, and keep your business healthy.The turnover rate is a measure of your receivables cycle – it starts when your customer purchases your product, and ends when your customer finally pays you. Everything that happens in-between is...

To make sure your business is growing strong, you need to pay attention to key financial metrics.How well is your business doing? Have you priced your products and services appropriately? Are you spending too much on labor, and not enough on sales and marketing?...

Small business certifications get you on the fast-track to growth.Certification can significantly help your business grow and CFO Services Group is here to help you navigate the process. Certification sets your business apart from others and there are MANY perks. For...

Ditch the crystal ball and use these tools to help you predict the future.Financial projections are like a report card for businesses. They tell you where the business has been...and more importantly...where the business is going. Having meaningful financial...

How to access the capital and business financial assistance you need to survive this pandemic.How do I get access to money right now? That’s the question on everyone’s mind. The Federal government, most state governments, some local governments, and a handful of...

How to survive...and thrive...during an economic recession.We are in the midst of one of the worst disease pandemics in modern history. The COVID-19 virus is wreaking havoc across the world – not only on our physical health, but also on our financial health. Those of...

Here are some tips to help ensure your business insurance payments are worth the price you pay.Most people seem to enjoy a love-hate relationship with insurance. On the one hand, you understand that insurance exists to protect you against catastrophic losses. Without...

Helpful tips to figure out how much you get to keep.You started a business to make money. Yet you struggle with one of the most fundamental questions that every business owner faces: How much do I pay myself? Many entrepreneurs find themselves posing this question,...

Tips to help you manage your growing pile of bills and keep your vendors satisfied.If you're like me, you HATE checking your postal mailbox. It seems like all I get these days are bills, bills, and more bills. All the money I earn from my services goes into my bank...