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Maximize Your Q4: Essential Steps for Business Success
As of today, October 9th, there are just 84 days left in 2024! SolidCoreCFO encourages you to reset your company's growth plans in Q4 and prepare for a prosperous 2025. Taking a holistic, year-round approach to year-end planning can alleviate many headaches. Year-end is a busy time—balancing financials, assessing performance, measuring success, and exploring growth opportunities. We understand how overwhelming it can be. That's why we advocate for a comprehensive strategy that goes beyond just your financial statements.
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How to Bring Your Strategic Plans to Life
Many companies start their strategic planning journey with lots of enthusiasm and clear intentions. They set ambitious goals, craft inspiring visions, and outline detailed missions and milestones. However, despite the initial excitement and momentum, many find it challenging to achieve these goals. Often, these vibrant and promising strategic plans get sidelined as day-to-day operations and urgent issues take over. Over time, these plans gather dust, with months passing by without any status checks or progress updates. The main issue lies in execution and implementation. To make sure strategic plans are effectively carried out, let’s dive into some key pointers to get strategic planning done right.
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When is the right time to onboard a CFO?
Hiring a CFO is an important step and a big milestone for many small and medium-sized businesses. If you and your management team are contemplating this decision, here are some reasons why many organizations make the strategic move:
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