Growing businesses and startups often reach a pivotal point where strategic financial guidance becomes crucial. Hiring a full-time Chief Financial Officer (CFO) may not be feasible, which is why a Fractional CFO could be the perfect solution. But how do you determine if you’re ready to bring one on board? Signs You Might Be Ready for a […]
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As a growing business owner, you wear a lot of hats—CEO, sales manager, logistics coordinator, maybe even HR. But one area that often gets overlooked is how global trade policy, specifically tariffs, can affect your bottom line. At Anthem, we work closely with businesses of all sizes, across industries, and many of our clients have asked:“What
With the new year approaching, staying on top of your financial metrics is essential for maintaining growth and profitability into 2025 and beyond. By understanding and tracking key financial indicators, you can make informed decisions that drive long-term success. Here are the top five financial metrics every small business owner should monitor: 1. Gross Profit Margin
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As 2024 comes to a close, it’s the perfect time for small business owners to take proactive steps to set up a successful financial year-end. Ensuring your financial records are in order not only helps with smooth operations but also prepares your business for growth in the new year. Here are some simple and effective
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Starting a business is an exciting journey, but it can also be overwhelming. If you’re thinking of launching a new business, understanding the fundamental beginning steps is crucial. Here’s a guide to help you navigate the process of launching your own business. 1. Research and Plan 2. Legal and Financial Setup 3. Build Your Brand 4. Operational Setup 5. Launch
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K1s, officially known as Schedule K-1 forms, play a crucial role in the realm of taxation for certain types of businesses and investments. Understanding K1s is vital for stakeholders in partnerships, S corporations, trusts, and estates. This guide will provide a clear, concise overview of what K1s are and why they matter. Understanding K1s Schedule
As a small business owner, staying on top of your tax obligations is crucial. Knowing how to make a payment to the IRS (Internal Revenue Service) or the ODR (Oregon Department of Revenue) efficiently can save you time and stress. Here’s a quick guide to help you navigate the process. Making a Payment to the
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Navigating the financial and strategic challenges of running a business can be daunting, especially as your small to mid-sized business (SMB) aims for growth in a competitive market. While managing finances internally or with a basic accounting team works for a while, there comes a point when specialized financial leadership is crucial for further development
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