Tag: Outsourced Accounting & Advisory Services

Technological advances and business model innovations mean that companies are increasingly equipped to do more with less, especially when it comes to the finance function. As a result, CFOs have been running leaner and meaner departments over the years, focused less on mundane tasks and more on strategic planning and business development.

For many business owners the most expensive line item on the balance sheet isn’t payroll, rent, or technology—it’s time. Hours spent on accounting, marketing, HR, or cybersecurity quickly add up, leaving less energy for strategy and growth. Outsourcing these functions can free leaders to focus on what truly drives success: innovation, relationships, and results.

Fewer college students choosing field, but CPA firms make pitch to high schoolers.

Meredith Brinkmann and Sarah Walls are the new co-directors of CFO for Hire.

The new lease accounting standard is effective for fiscal years beginning after December 15, 2021 for nonpublic organizations; so it’s essential that businesses start planning now if you haven’t already.

Ron Guzior was interviewed by the Albany Business Review discussing how outsourcing is the future for small businesses.

Payroll Protection Plan (PPP) loans were a lifeline for many small business owners during the worst of the pandemic-driven economic slowdown. In total, the Small Business Administration (SBA) approved nearly 12 million PPP loans, averaging $67,000.

Jim Lozano featured in the Times Union's article "New coronavirus assistance money available for small New York businesses" this morning.

Jim Lozano discusses business recovery with CBS 6 News

BST Partner James Lozano was featured in Albany Business Review article on the PPP loan window for smallest businesses.