Getting to Profitability
Why is the business losing money and most importantly what needs to be done to get to profitability? Businesses usually face tough choices. For example, do you maintain your current spending level under the assumption that you are going to grow your revenues or do you cut your spending to “right-size” spending to current revenue levels? What is the relationship between changes in revenues to changes in your cost structure? There are seldom ever easy
We build our success from three sources of strength:
Our employees form teams of professionals capable of providing services normally associated with Chief Financial Officers, Controllers, Financial Analysts, Accountants and Accounting Specialists. CFO brings a portfolio of companies together and “timeshares” the team out to each company according to its need. From a company’s perspective it is like hiring a virtual employee, except they get much, much more.
Success by leveraging our cumulative experience.
From our vantage point it seems like we have “seen it
Initial Jobless Claims at lowest level since Sept, 2008
The broadly watched indicator of initial jobless claims for unemployment for the week ending January 2nd came in at 434,000. The four week moving average is at its lowest level since September of 2008. The highest was 674,000 in March of 2009 which was a 26 year high. Some economists are saying that if this goes much lower, the economy should start adding jobs on a net basis.