B2B CFO Company Video Review PDF

Title B2B CFO Company Video Review
Course Introduction To Business
Institution University of Alaska Anchorage
Pages 2
File Size 34 KB
File Type PDF
Total Downloads 86
Total Views 160

Summary

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Description

B2B CFO Company Video Review Summary: Most CEO’s and business owners do not understand cash flow and the risks associated with it. However, there are firms, such as B2B CFO, that help those owners understand financial statements. They provide CFO services to small and medium-sized businesses with cash and profits in order to know if the company is gaining capital or not.

1. What are the advantages of hiring a temporary CFO for small- and medium-sized businesses? 

Hiring CFO’s will help businesses manage their cash and profits in order to understand how profitable they are and what is driving their profitability. When these business owners figure out how to maintain their financial statements, they will be able to earn capital in order for the business to survive in the future.

2. How does B2B CFO help companies like Hosco get capital from financial institutions in order to survive? 

B2V CFO help companies, like Hosco, in developing financial projections in order to go out to banks. They look at monthly financials, like income statement, expenses, revenues in order to find out about the cash flow. They also check the inventory, budget and review the financials in order to know if the business is making money or not.

3. Explain how firms like B2B CFO that offer temporary financial management services aid small- and medium-sized businesses. 

Firms, like B2B CFO, help temporary financial management services of businesses by teaching the CEO’s and owners how to understand their financial statements. They look at the company’s cash flow and tell the importance of the balance sheet and what each category represents in the cash and profits of the company. They look at capital, inventory, labor, equipment, accounts payable and receivable, assets, revenues, and other thing in QuickBooks that will show whether if the company is doing great or not....


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