New Year, New Ideas by Brian CalifanoIf there’s ever a time to implement something radically new, it’s the new year. Whether it’s landing a new job or starting a new business, taking a leap typically starts by embracing, and employing, a new mindset. Yes, we wrote the word new five times in the previous two sentences — this was not accidental. Doing things the same old way will beget the same old results. For those of you that are seeking something different, for yourself and/or for your business, we’re here to help you develop a fresh approach.

Here’s how AcceleratingCFO is helping our clients plan and evolve towards the next phase of their businesses — and this begins with accountability.

Our challenge is to figure out if our clients are ready for whatever tomorrow holds. Businesses should have goals, but that’s not enough. It’s the HOW-TO-GET-THERE planning that really matters — and consistent, honest assessments of progress. Right now, we are working with our clients to develop new frameworks and mindsets through individualized plans, many of which are focused on: 

      • Implementing Cost Control Measures: Ensuring clients can more accurately control cost measures through a “checks and balances” process which reviews financial reports and expenditures throughout the company.
      • Implementing Efficiencies: As businesses grow, software programs should not only improve efficiency but must also be able to handle complex reporting and accounting requirements. 
      • Budget and Forecast Preparation: In many cases, this includes zero-based budgeting, i.e. if you began your business today knowing what you know now, what would you do? 
      • Supporting the Sale of the Business: Helping companies through the selling process from soup to nuts. We have noted several clients and prospects that are contemplating, or in the process of, selling their business — a significant milestone for entrepreneurs both personally and professionally. Clear communication with key stakeholders will result in a maximum valuation and successful exit strategy.  

 

The importance of building new habits is not just advice we espouse — we live it, too. AcceleratingCFO is expanding into new territories in Florida and expanding into new and specific industries, i.e. technology. Visualizing and focusing on what you’d like to see come to fruition in the business is the first step. Mindset first, numerical results second. 

Take-away: Experience is our best teacher; and as much as our clients learn from us, we learn from them as well. If you’ve adopted a new mindset, we’d love to hear about it. Reach out to Brian at info@acceleratingcfo.com.


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