5 Tips That Help You Determine Short Term Financial Goals

2020 is arriving all too soon, and new business goals come with it. You want goals that align with your values in the short-term while preparing for the first sixth months of the calendar year. DeepSky wants to help you avoid bad financial advice like 

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Small Business Accounting Services To Grow Your Company

When you start with a small business, you want to find areas in which to grow. That way you can prove that you are a viable investment for venture capitalists and other potential stockholders. The numbers can help with that, but you may lack the 

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What Are The Responsibilities of A Chief Financial Officer?

A chief financial officer (CFO) is an important figure within a business. He or she is one of the highest-ranking officials in a company and one responsible for keeping finances afloat. As a result, they are very important.  Traditionally, a CFO would control all of 

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How much should you charge for your services? Pricing Services 101

Post Contents1 How to Set The Right Price for Your Company?2 First question – What problem are you solving? Focus on the value of your service3 Second question – Who are your customers? Set the price of the service for your audience4 Third question – 

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Creating a Small Business Financial Plan: 5 Tips for 2020

The new year is closer than you think. There are a scant few weeks left until the 2010s decade ends. Next year is the perfect time to start the business that you have been picturing. For that, you need a good plan.  Have you perfected 

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A CFO’s Daily Routine

A Chief Financial Officer needs a strong work ethic. They have to juggle multiple duties to keep a business afloat, regardless of the size. In addition, they need to serve as an ethical compass to ensure that no one is breaking the law. A CFO 

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What Is The Average Hourly Rate For A Virtual Or Outsourced CFO?

Businesses want a competent Chief Financial Officer, called a CFO for short. You want someone who can handle finances and oversee your financial side of the business, as well as persuade potential investors to inject capital into your cash flow in exchange for a reasonable 

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Difference Between Top Line, Bottom Line, and Cash Flow

I recently came across this old saying, “The top line is vanity; the bottom line is sanity; but cash flow is a reality,” and thought – wow – what wise words for entrepreneurs to live by and remember. We may get excited about seeing the 

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The Entrepreneur’s Salary and How It’s Affecting Your Numbers

A lot of business owners end up shortchanging themselves and their business by failing to set themselves a market-rate salary. They either overpay themselves by taking too much revenue out of their operation or underpay themselves by not setting aside enough income, thereby distorting their 

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Input Metrics vs. Output Metrics

When you are running a business, you need to have measurable goals. Why? So that you have a clear definition of success and what it means to you and your team. These definitions tie into performance metrics, as stated above. You know what tasks to 

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