CFOE – Lite
Built for Small Contractors
Hey Contractor! We’ve outlined a version of the top 10 business problems for small contractors, and we want to understand better. Tell us which of these challenges you face, so we can tailor our services to help you out. Your input will guide us in creating solutions that genuinely make a difference for businesses like yours. Let’s tackle these issues together
Latest #new & #trends
Procter & Gamble’s Cash Flow Forecasting Techniques
SUMMARY Procter & Gamble (P&G) excels in cash flow forecasting by employing integrated financial planning and analysis, advanced data analytics, and detailed cash flow monitoring. The company uses predictive analytics and real-time data integration to enhance...
Best Practices: Working Capital
SUMMARY Effective working capital management is vital for maintaining liquidity and supporting ongoing business operations. Key practices include efficient inventory management, streamlining accounts receivable, and optimizing accounts payable. Companies like Apple,...
Is Your “Small Business” a Hobby?
SUMMARY The IRS distinguishes between hobbies and businesses based on profit motive and specific criteria, impacting tax obligations. Key factors include how the activity is conducted, the expertise involved, the time and effort invested, income history, occasional...
Incorporating. Structure vs Taxation
SUMMARY An LLC is a flexible business structure offering limited liability protection and can choose its tax treatment. An S-Corp is a tax classification that provides pass-through taxation but has stricter ownership rules. A C-Corp is a traditional corporation that...