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Maximizing Profits, Minimizing Taxes,
And Finding Capital For Our Clients

CFO Source Blog


What Does a CFO Do?

There’s a lot that goes into running a business, and the most successful businesses split all of the different duties and responsibilities into multiple positions. One of the most common roles found in businesses is the Chief Financial Officer (CFO), but what exactly does a CFO do? If you’re just starting, looking to expand your […]

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5 Questions to Ask Your New Bookkeeper

Good bookkeeping is essential to running a successful business, and the easiest way to ensure good bookkeeping is to work with a professional and quality Maryland bookkeeper. At CFO Source, we’ve helped a lot of Maryland small business owners with their accounting. The process of hiring a new bookkeeper can be stressful, so we wanted […]

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Risks of In-House Bookkeeping

Most people who start a business do so in a field they know at least a little bit about, but no matter what industry you’re in, we can tell you that running a business is next to impossible without good bookkeeping. Some business owners opt to have all of their bookkeeping done in house, and […]

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5 Common Mistakes Made by Doing Your Own Bookkeeping

Trying to manage your business’s books can be a tedious and daunting task, especially if you don’t have any previous accounting experience. At CFO Source, we’ve helped a lot of small business owners fix their books and wanted to talk about five mistakes we see most often when owners do their own books. 1. Not […]

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Annual Accounting Checklist

The end of the year is the perfect time to reflect back on the year that was, in both your personal and business life. At CFO Source, we work with all of our clients to help them wrap up their end of the year accounting. We wanted to take a little bit of time today […]

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The Value of a QuickBooks Certified Pro

You likely know a good deal about your business. We should hope so, or else your time in business may not be too long. While you may know the ins-and-outs of your particular industry,  you probably don’t possess the same level of expertise in the world of accounting. Here at CFO Source, we’ve helped businesses […]

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Why Complete a Financial Stress Test?

Small business owners are often looking for ways to grow their business, increase sales, expand services, etc. But rapid growth comes at a cost, and without being properly prepared you could end up with a mess on your hands. By completing a financial stress test you can quickly and efficiently discover potential areas of struggle, […]

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Should I Use an Outsourced CFO

If you run a small business, keeping track of the financials can be overwhelming. Couple this with trying to keep up with the day to day tasks your business needs to do to stay relevant and profitable and it gets downright unmanageable at times. In larger corporations a CFO handles the financial side of the […]

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Maryland CPA Services

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. […]

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Hiring an Accountant vs. Internal Bookkeeping

If you are running a small business, you probably outsource your accounting. After all, the first employees you’d want to hire are usually people who can help you grow your business, not someone whose work doesn’t directly translate into profit. But as you grow and expand, you may realize that working with your Maryland accountant, […]

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What Our Clients Say...

"We struggled for several years with high turnover in our bookkeeper position, which resulted in missed billings and duplicate payments. Craig Kershaw was able to locate a high caliber person who quickly took over the accounting and is now helping to expand the business into new markets. I no longer worry about whether my accounting is being done properly."

-Bryant Brambeck, Owner, Liberty Emblem Company

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Regions Served

  • Frederick County: Frederick (21701, 20702, 21703, 21709), New Market (21774) , Mount Airy (21771), Urbana (21704), Ijamsville (21754), Walkersville (21793), Libertytown (21762), Damascus (20872), and more.

    Howard County: Clarksville (21029), Columbia (21044), Cooksville (21723), Dorsey (21075), Elkridge (21075), Ellicott City (21043), Fulton (20759), Glenelg (21737), Glenwood (21738), Granite (21163), Hanover (21076), Highland (20777), Jessup (20794), Lisbon (21765), Marriottsville (21104), North Laurel (20723), West Friendship (21794), Woodbine (21797), Woodstock (21163), and more.

    Montgomery County: Olney (20832), Damascus (20872), Laytonsville (20882), Silver Spring (20910), Clarksburg (20871), Gaithersburg (20878), Germantown (20876), Bethesda (20816), Chevy Chase (20815), and more.

    Baltimore County: Arbutus (21227), Catonsville (21228, 21250), Cockeysville (21030, 21031, 21065), Dundalk (21222), Edgemere (21219), Essex (21221), Garrison (21055), Lansdowne (21227), Lochearn (21207), Lutherville (21093), Middle River (21220), Milford Mill (21244), Overlea (21236), Owings Mills (21117), Parkville (21234), Park Heights (21215), Pikesville (21208), Randallstown (21133), Reisterstown (21136), Rosedale (21237), Timonium (21093), Towson (21204), White Marsh (21162), Woodlawn (21207), and more.

    Carroll County: Eldersburg (21784), Finksburg (21048), Hampstead (21074), Manchester (21102), Marriottsville (21104), Taneytown (21787), Union Bridge (21791), Westminster (21157, 21158), Mount Airy (21771), New Windsor (21776), Sykesville (21784), Woodbine (21797), Taneytown (21787), and more.

  • Washington, DC and Northern Virginia

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5515 Hudson Drive
Sykesville, MD 21784
phone icon 443-487-7733 | Fax: (206)415-2361
info@cfosource.net

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