CFO Source Blog

Getting the Money You Need to Run Your Business

May 3, 2018

Starting a new business is a lot of work, and coming up with the financing you need is a big part of the process. Whether you are hoping to build a large business or a small business, you’ll likely need some capital to get started. There are several things you can do to gain […]

Getting Help with Bank Funding

January 3, 2018

In most cases, getting funding from a bank for a small business start up is extremely difficult. Banks see too much risk when considering a start up and often refuse to loan the money as they don’t see any return on their investment. But it doesn’t have to be impossible. Let’s look at some ways […]

Where to Start Growing your Company

July 13, 2017

If you run a small business and are looking to expand, it can be hard to know where to begin. By developing a smart business expansion plan, you can save yourself time and money. Being strategic in your business can help you grow while increasing your customer base and increasing your profits. Let’s look at […]

Maryland CPA Services

June 15, 2017

A CPA, or certified public accountant, offers financial services to their clients, from business counseling to tax preparation. Managing your accounts and taxes can quickly become very complex, especially if you own a small business. Hiring a CPA can remove some of the burden and worry from your shoulders and give you peace of mind. […]

How Much Should you Pay Yourself?

April 27, 2017

As a Maryland CFO service, we work with a wide variety of businesses. One of the most common questions we receive from small business owners and start-ups is how much a business owner should pay themselves. Here are some tips to help you figure out the answer. How Much do you Want? When figuring out […]

7 Tips to Maximize Profitability in Your Business

March 27, 2017

When you own a small business, maximizing profitability is essential. Every dollar counts when your business is starting out, so taking steps to ensure you are profiting as much as possible can make or break your business. Here are some ways to maximize profitability. Determine What Adds Value, and What Wastes Resources Carefully analyzing your […]

Tax Considerations When Your Business Grows

January 16, 2017

Is your business quickly growing? First, congratulations on the success of your business. Now, what are you going to do about the tax side of your business growth? As your business grows, your taxes will change as well—so be sure to keep in mind these tax considerations. When to Incorporate One question we hear from […]

4 Things to Consider Before Purchasing QuickBooks

March 30, 2015

Whether you are just starting out or have been running your business for a while, you’ve probably heard about QuickBooks’ reputation as the leading accounting software. It’s used by business owners and accountants alike, and our Maryland QuickBooks experts at The CFO Source know everything there is to know about it. We’ve helped many people […]

Financial Tips for Startup Businesses

November 11, 2014

Being an entrepreneur is a tough job—there are hundreds of urgent matters pulling you in different directions on a daily basis. However, no matter how busy you are, you should always keep a finger on your business’s financial pulse. And not just monitor your finances, but plan ahead, especially when you are just starting […]