Value of Knowing Where You’re Going, Value of Maintaining Flexibility A road map works hand in hand with your business plan but gives you the flexibility to make quick adjustments in a less cumbersome way. Roadmaps are visual and smart leaders employ them to maintain their agility rather than lock the company into an intractable...
Importance of Budgeting and Financial Planning in Small Business Start-ups
June 7, 2022by Ravix Group
When you start a new business, chances are you have to borrow money to get off the ground. In the earliest stages, you need to know your numbers cold. However, spending all your time in financial planning and analysis keeps your leadership team bogged down in details. Consequently, these tasks, though essential, are sometimes best...
Human Relations (HR) is a critical component of any efficient company. It maintains the power source that keeps your business alive and well: your employees. Yet, this department has a broad and complex set of responsibilities. These often exceed the capabilities of start-up, small, or medium sized companies. Fortunately, fractional HR services can handle all...
If you ask any savvy business owner what the backbone of their company is, they will most likely tell you it’s a strong financial foundation. Without sufficient cash flow, companies cannot properly handle ongoing expenses and incur large amounts of risk and debt. Likewise, lack of financial organization can lead to unsatisfied employees and clients,...
Fractional CFOs, part-time CFOs, on-demand CFOs…whatever you may call them, a fractional CFO is a valuable asset to your startup. Whether you need early funding assistance or guidance for your IPO, hiring an outside finance executive with years of experience can fill a gap or provide fresh perspective for your business. At Ravix Group, you’ll...
When you hire a fractional CFO, you gain access to executive guidance without the salary and employee benefits associated with hiring in-house resources. With cloud-based bookkeeping and advanced technology, even small companies can afford fractional CFOs. A fractional Chief Financial Officer in the San Francisco area can guide your startup or established company through specific...
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