Quick Tip: Budgeting

Budgeting is easy. It’s everything else that makes it difficult! Four Critical Elements of Budgeting: The System: Your process of budgeting is called a system. Does your system produce cooperation, sharing, communication and an honest, realistic budget that people use to make decisions?  Who are the participants involved in the process and who is accountable… Continue reading

More

Top 10 Actions CFOs Must Take Now to Prepare for Year End

The dog days of summer are over, and vacation season is just a memory. It’s time for CFOs and other business leaders to prepare for a strong finish to the year. Hardesty partners offer some options to help your business finish the year strong. 1. Plan, plan, plan! Now is the time to assess this year’s… Continue reading

More

Building Blocks: Understanding a 13-Week Cash Flow

Cash flow forecasting is a straightforward method to ensure your working capital needs will be met for your business, regardless of size. Hardesty partners have worked with businesses where a strong cash flow forecast meant the difference between thriving and closing the doors, especially during economic downturns or an unexpected financial crisis. A 13-week cash flow… Continue reading

More

Outsourced CFO Services Firm Opens Houston Practice

Houston Business Journal http://www.bizjournals.com/houston/morning_call/2013/08/cfo-search-firm-opens-houston-practice.html   The Irvine, Calif.-based executive services firm, Hardesty LLC, recently opened its first Houston practice, and has plans to grow the firm in the energy field. Hardesty provides outsourced CFO personnel for interim assignments, special projects and permanent positions. It’s part of a growing industry in Houston, with firms like Strategic CFO… Continue reading

More

Five Steps to Overcoming a Financial Crisis

The term “financial crisis” is a broad term that describes any situation in which the value of financial institutions or assets drops rapidly. A financial crisis can have varying degrees of severity depending on the underlying causes, which can include recessions, overvalued assets, stock market activity, poor debt management, regulatory failures and other factors, many… Continue reading

More