Selecting the right outsourced accountant is critical for the financial health of your small business. Here are three things to look for when searching for an outsourced CFO or outsourced accounting team: 1. Expertise and Industry Knowledge Ensure that the outsourced accountant has the necessary qualifications and expertise. Look for professional certifications such as Certified Public Accountant (CPA), which indicate a... Read More
Small businesses often face unique financial challenges that require expert guidance but may not justify the cost of a full-time Chief Financial Officer (CFO). This is where a Fractional CFO can be a game-changer. What Is A Fractional CFO? A Fractional CFO is a highly experienced financial professional who works part-time or on a contract basis to provide strategic financial insights... Read More
Running a successful business requires more than just a great product or service – it demands efficient financial management. From managing day-to-day transactions to making strategic financial decisions, having a skilled team to handle your outsourced accounting, bookkeeping, and financial planning is essential. This is where CustomOne CFO & Controllers step in to provide top-notch financial services tailored to... Read More
Your business is expanding, and as it does you’ve had to take on more and more responsibilities. As you grow, you’ll inevitably need to consider hiring more people to take on those responsibilities — and one of them is handling your company’s finances. Trust us — unless you’re a trained CPA, you’ll want to hire an experienced professional to... Read More
When you own a small business, you dream of the day when your business expands to the point where you have to hire more help. This means you’re really on your way! Of course, this also means you have even more to deal with when it comes to your business finances, and unless you have an accounting degree, there’s... Read More
One sign of a growing business is the need for expert help with money. When your financial management outgrows your ability to handle things on your own, then you know you’ve arrived. While this is a good thing, it can also be scary to trust someone else with the accounts to a business that you’ve put so much blood,... Read More
When it comes to hiring your own employees, it can be an intimidating process. You’re going from owning and operating your own business to adding employees that you will need to count on to take on certain responsibilities. It can be nerve-racking to give up control like that, so it’s imperative that you hire the right positions and right... Read More
When you’re building a small business, it’s imperative that you’re smart about where you spend your money. There are many things that are going to require your attention and pieces that you need to consider in order to run your company. Whether you’re ready to take on employees or not, you do want to begin in certain areas. There... Read More
As your business grows, the complexity of your bookkeeping expands with it. While it’s possible for some owners to handle accounts when it’s just them and an employee or two, once you start to expand the ins and outs of successful accounting increases exponentially. Before you know it, you are spending a lot more time keeping your accounts in... Read More
When you have the drive to become an entrepreneur and start your own business, many people start out of their homes. It can be an intimidating process to organize and get everything in order for things to run smoothly. When going into business for yourself, you need to organize everything, including your accounting records and your books. If you’re just... Read More
