Our Blog
Our expert team shares advice and insights on accounting best practices and current issues facing the business and non-profit community. Sign up for our e-news to get the latest blog posts delivered to your inbox.
Get Our Free E-Newsletter
Sign up for our monthly e-newsletter to get expert accounting advice and learn about upcoming events and classes.
"*" indicates required fields
Financial Literacy 2023
By CFO Services GroupWhat’s the low-down on Financial Literacy? Have you ever found yourself staying up late at night, wondering if you've made the right financial decisions? Have you ever felt anxious while meeting with a tax accountant, concerned about what...
Staying Financially Fit: Financial Tips to Kick Off 2023
By CFO Services Group Diets and fads come and go! The pandemic has put the spotlight on our financial wellness like never before. It has made people pause and pay more attention to what they spend their money on and how they put it back into their businesses. If you...
Manny Cosme: And the Winner is…
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...
CFO Services Group’s Own Paola Zambrana Elected President of BNI Business Boosters
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...
Washington Blade Article: Gay-owned firm joins D.C. small business bond program
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...
Grow with CFO – Bond Offering
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...
5 Easy Steps To Creating Your Financial Projections
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)...
Which Product Is Making You Money?
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...
Follow The Metrics
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...
The Importance Of Diversifying Revenue
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...
Don’t Forget Your 1099s
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...
Choose The Right Tax Preparer
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...
5 Steps To Get Your Books Ready For Taxes
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...
How Quickly Do Customers Pay You?
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...
Is Your Business Succeeding or Failing?
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?...
Certify Your Business And Boost Your Revenue
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...
How To Create Meaningful Financial Projections
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...
Where Can I Get Money Right Now?
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...
Disaster Planning Strategies
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...
Don’t Waste Money On Insurance Premiums
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...