Blog
Mastering Cash Flow: The Key to Unlocking Business Growth in 2025
Why Cash Flow Matters More Than Revenue You've heard it before: Cash is king. But having a profitable business on paper means nothing if your cash flow is out of sync. Many businesses don’t fail due to a lack of revenue—they fail because they can’t access their cash...
A Step-By-Step Approach to Closing Out Your Financial Books for Year-End
The end of a calendar year is always jam-packed for business owners. Not only are you doing your best to get a little bit of rest in during the holidays as well as making sure you’re well-situated in terms of business and revenue for the first quarter of the next...
6 Strategic Financial Moves to Strengthen Your Business in 2025
It’s a new year—cue the confetti—and many of us are making resolutions and setting intentions to make 2025 a year of learning, growth, and improvement. Of course, we also know that the same resolutions we set eagerly at the beginning of the year usually peter out by...
Why QuickBooks Might Be Hurting Your Small Business More Than Helping It
First, let’s get one thing out of the way: this isn't a piece devoted to trashing Quickbooks. On the contrary: as a fractional CFO who has worked with businesses of all shapes and sizes, I’ve seen firsthand how Quickbooks has revolutionized small business accounting....
What is a Controller in Finance?
If your business is growing and your Chief Financial Officer could use a hand in managing day-to-day financials, you may be considering your options for outsourcing. Companies like Nexagy® are here to help in transitioning these daily duties to an outsourced...
Five Reasons to Hire Bookkeeping Services for your New Business
The idea of bookkeeping might sound easy enough to a new business owner: money in, money out. But there is more to it than just income and expenses. Working with a company offering bookkeeping services will help you in many ways with navigating the legalese and...
Unraveling the Four Key Business Strategies for Success
Running a business is a challenge in and of itself, but with a well-defined business strategy, growth and success are within reach for many companies. At Nexagy® we can help individuals, groups, and companies in getting a better understanding of the steps needed...
Unraveling the Essence of Leadership Role in Business
In the dynamic world of business, leadership plays a pivotal role in steering an organization towards success. The concept of business leadership is not confined to just managing a team or making critical decisions. It extends to inspiring others, fostering a positive...
Does Every Company Need a CFO? Exploring the Role of Fractional CFOs
In the ever-evolving business landscape, the role of a Chief Financial Officer (CFO) has become more critical than ever. The CFO is no longer just a number cruncher but an integral part of strategic planning and decision-making processes. But does every company need a...
The 3 Key Components to Business Accounting
Business accounting is a critical aspect of any successful enterprise. It provides a clear picture of the financial health of a business, enabling entrepreneurs to make informed decisions. Understanding the key components of business accounting can help you manage...
What Size Business Needs A CFO? The Role of a Fractional CFO
The role of a Chief Financial Officer (CFO) is crucial in any business. They are responsible for managing the company's finances, including financial planning, risk management, record-keeping, and financial reporting. However, not all businesses can afford to hire a...
How Can I Start a Business with No Money?
Starting a business is an exciting journey filled with endless possibilities. However, one of the most common hurdles that potential entrepreneurs face is the lack of capital. The question "How can I start a business with no money?" often arises, and it's a valid...