Preferred CFO

Preferred CFO

金融服务

Salt Lake City,UT 661 位关注者

The Confidence of Knowing

关于我们

Preferred CFO provides tailored outsourced CFO, systems, controller, and strategic advisory solutions to organizations of all sizes. Our team consists of experienced CFOs, expert systems advisors, controllers, and bookkeepers. This means we can augment existing teams by elevating financial strategy, or can offer fully outsourced financial solutions to organizations without an in-house team. Learn more at www.preferredcfo.com

网站
https://www.preferredcfo.com
所属行业
金融服务
规模
11-50 人
总部
Salt Lake City,UT
类型
私人持股
创立
2013
领域
Forecasting & Budgeting、Deal Structuring & Fundraising、Cash Flow Management、Financial Reporting、SEC Filings、Capital Management、Mergers & Acquisitions、Raising Capital、Financial Systems、Strategic CFO Consulting、Outsourced CFO、Fractional CFO和CFO Consultant

地点

Preferred CFO员工

动态

  • 查看Preferred CFO的公司主页,图片

    661 位关注者

    查看K. Scott Crawford的档案,图片

    IDIOT! That is the number one word that CEOs say comes to mind when they see SOMEONE DRIVING WITHOUT HEADLIGHTS.

    ?? Leveraging Volatility for Profitable Business Outcomes ?? In an era where uncertainty feels constant, many businesses see volatility as a threat. But what if, instead of fearing it, we embraced it as a powerful catalyst for growth? ?? Volatility—whether from economic shifts, market disruptions, or changing consumer behaviors—can open doors to new revenue streams if approached strategically. Here are five ways companies can harness it: 1. Stay Agile, Stay Ahead In turbulent times, speed matters. Agile businesses can pivot quickly, respond to new opportunities, and adjust their strategies as needed. This flexibility often means spotting and capitalizing on trends before competitors. 2. Double Down on Data-Driven Decisions Volatile markets require quick but informed decisions. Investing in real-time data analysis and predictive insights enables companies to make calculated bets with a better understanding of risks and rewards. 3. Identify Underserved Needs With change comes unmet demand. Shifts in customer priorities create openings for innovative solutions. Listening to your customers and solving new pain points can position your brand as essential, even in challenging times. 4. Explore New Partnerships Partnerships can reduce risk while expanding reach. Seek out complementary companies to collaborate on new solutions, broaden your customer base, or enter untapped markets. 5. Maintain a Culture of Experimentation Volatile times favor businesses willing to try new approaches. Cultivating an internal culture that’s open to experimentation can help your team adapt, iterate, and thrive when the stakes are high. Embracing volatility may feel uncomfortable, but with the right approach, it can be the fuel that drives long-term success. ?? ?? A great way to compare strategic ideas and learn from other business leaders is to join a Vistage Worldwide, Inc. CEO group. Vistage has helped thousands of CEOs through executive coaching to new milestones. Visit https://lnkd.in/gjsXs8fi to learn more! #BusinessStrategy #Innovation #Agility #Leadership #GrowthMindset #PowerofVistage #PreferredCFO

    Vistage: The World’s Largest Executive Coaching Organization

    Vistage: The World’s Largest Executive Coaching Organization

    vistage.com

  • 查看Preferred CFO的公司主页,图片

    661 位关注者

    ?? Can an Outsourced Controller help your business? ?? Financial stability is a cornerstone of a successful business. Whether you’re managing a growing startup or steering an established company, maintaining a well-organized and efficient financial system is vital. This is where outsourced controllers come into play. As the unsung heroes of financial management, outsourced controllers can bring significant benefits that go well beyond basic bookkeeping and number crunching. In our latest article we explore why an outsourced controller might be the secret weapon your business needs to get ahead (and stay ahead)! #financialcontroller #outsourcedcontroller #fractionalcontroller #fractionalcfo #PreferredCFO #knowyourenemy #financialstability

    The Outsourced Controller: A Secret Weapon for Financial Stability - Preferred CFO

    The Outsourced Controller: A Secret Weapon for Financial Stability - Preferred CFO

    https://preferredcfo.com

  • 查看Preferred CFO的公司主页,图片

    661 位关注者

    查看K. Scott Crawford的档案,图片

    IDIOT! That is the number one word that CEOs say comes to mind when they see SOMEONE DRIVING WITHOUT HEADLIGHTS.

    ?? 5 Steps to Make Your Company More Attractive to Investors ?? Attracting investors is more than just a solid pitch—it’s about making your business investment-ready in every sense. Here are five key moves to get on investors’ radar and earn their confidence: 1. Strengthen Financial Transparency ?? Investors value clarity. Ensure that your financial statements are up-to-date, accurate, and easy to understand. An organized financial structure shows credibility and signals that you understand your own numbers. 2. Demonstrate Consistent Revenue Growth ?? Growth tells a story of demand and scalability. Show steady revenue streams and highlight any recent customer or client growth. Be sure to explain how you plan to maintain and accelerate this growth in the future. 3. Build a Scalable Business Model ??? Investors look for businesses that can expand without incurring exponential costs. Make sure your model reflects scalability, whether through technology, streamlined operations, or partnerships, to show potential for high returns without proportionate expenses. 4. Develop a Strong Team ?? A great idea needs a great team. Show investors that you have the right people in place to execute your vision. Highlight your team’s experience, accomplishments, and adaptability—this provides confidence that your team can tackle challenges as they arise. 5. Showcase Your Unique Market Position and Competitive Edge ?? Explain what sets you apart from competitors and why that’s sustainable. Your unique selling point (USP) and the barriers to entry for competitors demonstrate that your business is positioned to thrive long-term. Key Takeaway: Becoming investment-ready isn’t just about presenting a good pitch; it’s about making sure the fundamentals and long-term potential of your business are clear and compelling. ???? Want to learn more? Consider joining a Vistage Worldwide, Inc. working group. "The Climb" - the CEO leadership journey - isn't easy. But it's better with a group. Visit https://lnkd.in/gad_XScj for details. #PowerofVistage #InvestorAttraction #BusinessGrowth #InvestmentReady #Scalability #FinancialClarity #PreferredCFO

    Vistage: The World’s Largest Executive Coaching Organization

    Vistage: The World’s Largest Executive Coaching Organization

    vistage.com

  • Preferred CFO转发了

    查看Preferred CFO的公司主页,图片

    661 位关注者

    查看K. Scott Crawford的档案,图片

    IDIOT! That is the number one word that CEOs say comes to mind when they see SOMEONE DRIVING WITHOUT HEADLIGHTS.

    From Chaos to Clarity: A CEO's Guide to Smoother Year-End Closings As the year comes to a close, businesses often face the daunting task of finalizing financials. But the year-end closing process doesn't have to be overwhelming. Here are a few strategies to simplify it: 1. Automate Where Possible: Leverage accounting software to streamline repetitive tasks, from reconciliation to reporting, cutting down manual work and reducing errors. 2. Prepare Throughout the Year: Ensure that your finance team keeps financial records up to date on a monthly or quarterly basis, to avoid a last-minute scramble in December. If you need help with this, you may wish to consider leveraging the services of a qualified fractional CFO. 3. Standardize Processes: Create clear, consistent workflows for your finance team to follow. This ensures efficiency and accuracy, even when things get hectic. 4. Communicate Early: Align with stakeholders—both internal and external—about deadlines, expectations, and any changes in processes to avoid surprises. A well-organized, proactive approach to the year-end close saves time, reduces stress, and ensures you start the new year strong! You can learn more and benefit from the shared experiences of other CEOs by joining a Vistage Worldwide, Inc. group. Vistage has helped thousands of CEOs through executive coaching to new milestones. See https://lnkd.in/gjsXs8fi for more information. #PowerofVistage #Finance #Leadership #YearEndClosing #BusinessEfficiency #Automation #PreferredCFO

    Vistage: The World’s Largest Executive Coaching Organization

    Vistage: The World’s Largest Executive Coaching Organization

    vistage.com

  • Preferred CFO转发了

    查看Preferred CFO的公司主页,图片

    661 位关注者

    查看K. Scott Crawford的档案,图片

    IDIOT! That is the number one word that CEOs say comes to mind when they see SOMEONE DRIVING WITHOUT HEADLIGHTS.

    Experience the Power of Peer Insight As a business leader, it's easy to get caught up in the day-to-day grind, but growth happens when you step outside your comfort zone and surround yourself with other high-level thinkers. Associating with leaders from diverse industries can enlighten you with fresh perspectives on business challenges and ideas for alternative solutions. That’s where Vistage comes in! Vistage Worldwide, Inc. is a global network of CEOs, executives, and business owners who come together to share insights, experiences, and advice in a confidential, non-competitive environment. Here are some reasons why joining a Vistage group can be a game-changer: Accountability: Monthly meetings provide a structured space where you can set goals and track progress. Fellow members hold you accountable, encouraging personal and professional growth. This pushes you to achieve more than you might on your own. Executive Coaching: With access to expert chairs, coaches, and speakers like myself, Vistage can help you sharpen your leadership skills, manage teams more effectively, and drive results. You can stay ahead of industry trends and sharpen your leadership abilities with cutting-edge knowledge. Confidential Discussions: Confidentiality is deeply ingrained in the Vistage culture. You can openly discuss sensitive business challenges without fear of judgment or competition, creating a safe space to share and grow. Proven Results: Vistage members grow their companies 2.2x faster than their competition, thanks to the wisdom shared and accountability fostered in these dynamic groups. If you’re ready to level up your leadership and your business, consider joining a Vistage group and see the difference firsthand! Check out https://lnkd.in/gjsXs8fi to learn more. ?? #Leadership #ExecutiveGrowth #PeerLearning #PowerofVistage #BusinessLeadership #PreferredCFO

    • 该图片无替代文字
  • 查看Preferred CFO的公司主页,图片

    661 位关注者

    ?? Building a winning brand identity isn't just about logos and color schemes—it's about crafting a unique story that resonates with your audience and sets you apart in a crowded market. ?? In our latest blog, we break down the essentials of creating a powerful brand identity that drives recognition, trust, and growth. From defining your core values to understanding your audience, we've got the key steps covered for your business to stand out in the sea of competitors. Read more here ?? - https://lnkd.in/g2bkxDn7 #BrandStrategy #IdentityMatters #BusinessGrowth #FinancialBrand #BusinessBranding #PreferredCFO #FractionalCFO #OutsourcedCFO #OutsourcedHR #HRSolutions

    Stand Out or Fade Away: Develop a Winning Brand Identity - Preferred CFO

    Stand Out or Fade Away: Develop a Winning Brand Identity - Preferred CFO

    https://preferredcfo.com

  • 查看Preferred CFO的公司主页,图片

    661 位关注者

    查看K. Scott Crawford的档案,图片

    IDIOT! That is the number one word that CEOs say comes to mind when they see SOMEONE DRIVING WITHOUT HEADLIGHTS.

    Experience the Power of Peer Insight As a business leader, it's easy to get caught up in the day-to-day grind, but growth happens when you step outside your comfort zone and surround yourself with other high-level thinkers. Associating with leaders from diverse industries can enlighten you with fresh perspectives on business challenges and ideas for alternative solutions. That’s where Vistage comes in! Vistage Worldwide, Inc. is a global network of CEOs, executives, and business owners who come together to share insights, experiences, and advice in a confidential, non-competitive environment. Here are some reasons why joining a Vistage group can be a game-changer: Accountability: Monthly meetings provide a structured space where you can set goals and track progress. Fellow members hold you accountable, encouraging personal and professional growth. This pushes you to achieve more than you might on your own. Executive Coaching: With access to expert chairs, coaches, and speakers like myself, Vistage can help you sharpen your leadership skills, manage teams more effectively, and drive results. You can stay ahead of industry trends and sharpen your leadership abilities with cutting-edge knowledge. Confidential Discussions: Confidentiality is deeply ingrained in the Vistage culture. You can openly discuss sensitive business challenges without fear of judgment or competition, creating a safe space to share and grow. Proven Results: Vistage members grow their companies 2.2x faster than their competition, thanks to the wisdom shared and accountability fostered in these dynamic groups. If you’re ready to level up your leadership and your business, consider joining a Vistage group and see the difference firsthand! Check out https://lnkd.in/gjsXs8fi to learn more. ?? #Leadership #ExecutiveGrowth #PeerLearning #PowerofVistage #BusinessLeadership #PreferredCFO

    • 该图片无替代文字
  • 查看Preferred CFO的公司主页,图片

    661 位关注者

    查看K. Scott Crawford的档案,图片

    IDIOT! That is the number one word that CEOs say comes to mind when they see SOMEONE DRIVING WITHOUT HEADLIGHTS.

    From Chaos to Clarity: A CEO's Guide to Smoother Year-End Closings As the year comes to a close, businesses often face the daunting task of finalizing financials. But the year-end closing process doesn't have to be overwhelming. Here are a few strategies to simplify it: 1. Automate Where Possible: Leverage accounting software to streamline repetitive tasks, from reconciliation to reporting, cutting down manual work and reducing errors. 2. Prepare Throughout the Year: Ensure that your finance team keeps financial records up to date on a monthly or quarterly basis, to avoid a last-minute scramble in December. If you need help with this, you may wish to consider leveraging the services of a qualified fractional CFO. 3. Standardize Processes: Create clear, consistent workflows for your finance team to follow. This ensures efficiency and accuracy, even when things get hectic. 4. Communicate Early: Align with stakeholders—both internal and external—about deadlines, expectations, and any changes in processes to avoid surprises. A well-organized, proactive approach to the year-end close saves time, reduces stress, and ensures you start the new year strong! You can learn more and benefit from the shared experiences of other CEOs by joining a Vistage Worldwide, Inc. group. Vistage has helped thousands of CEOs through executive coaching to new milestones. See https://lnkd.in/gjsXs8fi for more information. #PowerofVistage #Finance #Leadership #YearEndClosing #BusinessEfficiency #Automation #PreferredCFO

    Vistage: The World’s Largest Executive Coaching Organization

    Vistage: The World’s Largest Executive Coaching Organization

    vistage.com

  • 查看Preferred CFO的公司主页,图片

    661 位关注者

    ?? 2024 is coming to a close, but there are critical accounting changes businesses need to be aware of before the year ends.?? Staying on top of these shifts is essential for ensuring compliance, accurate financial reporting, and maintaining a solid foundation for your business in the new year. From new revenue recognition rules to updates in lease accounting, these changes could impact your financial statements and decision-making. At Preferred CFO, we break down the 10 most important accounting updates for 2024 and what they mean for your business. Understanding these changes is key to: ?? Avoiding costly errors in financial reporting ?? Maintaining compliance with updated regulations ?? Strategically positioning your business for 2025 With the year-end fast approaching, now is the time to ensure your financial team is prepared and informed. Stay ahead of the curve by reading our full breakdown of these updates! ?? Read the article here: https://lnkd.in/gHDbb2J4 #AccountingChanges #FinancialReporting #Compliance #BusinessFinance #YearEndPreparation #PreferredCFO #GAAPUpdates #AccountingStandards #BusinessStrategy #2024Accounting #FractionalCFO #Q42024 #endofyear

    Ten Important Accounting Changes in 2024 - Preferred CFO

    Ten Important Accounting Changes in 2024 - Preferred CFO

    https://preferredcfo.com

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