CFO Outsourcing Services in Phoenix

The city of Phoenix is the fifth largest populated city of United States [1] and it explains that it has huge number of opportunities when it comes to business. The opportunities available there makes it an important hub for many startups and to assist them financially there are Start-up CFO.

Distinct features the city

The location of the City of phoenix has not let it develop in earlier days, but after the canal system developed it too has developed the economy and business of the city. From a city dependent upon cattle, copper, climate, cotton and citrus, now it has many multinationals and other companies prospering. There are 4 Fortune 500 companies and future promises more. It was during the mid-20s that the economy of the city was transferred from farming to technology.

Business culture in the city

It is true that the City of Phoenix in Arizona may not have a business culture like that of Silicon valet or Wall Street but business is booming here. Presence of 4 Fortune 500 companies’ headquarters shows that this city has promises to have such companies in future. The city infrastructure helps the businesses to expand and grow. With so many businesses the need of CFO is quite prominent in the city. And hence to cater to the need of the growing businesses there is CFO consulting services available.

What is CFO Outsourcing, and types

In order to manage the limited resource of any organization the entrepreneur may decide to outsource some of the functions on which they are not experienced. Managing the finance and increasing profitability is a huge task and getting it done by experts is the best option. Hence, there are many Start-up CFO services for the new business and also other outsourced CFO services in Phoenix.

In the city of Phoenix there are different CFO consulting services available. They are

  • Interim CFO for managing the period of absence of any permanent CFO in the organization.
  • Part-Time CFO for those concerns who cannot afford to have full-time CFO to manage their finances.
  • Project-based CFOs for managing any particular projects say even Start-up CFOs for starting up another wing.

List of accounting firms in Phoenix

When looking for outsourced CFO services you will find that there are a number of options available. CFO consulting services at Phoenix provides the guideline to concerns that helps them manage their finances more efficiently.

  • Barry & Moore, PC
  • BeachFleischman CPAs
  • Grass, Coffey, & Scharlau (GCS)
  • Hacker Accounting
  • tempCFO Inc. 

Time Management Techniques for Better Efficiency

 We all know what is time management & that it is an important skill. But when we sit down to work, we get distracted & then comes in the ability to prioritize!

  Organising our tasks, planning their flow & scheduling other tasks form an essential part of the time management skills and has become of great importance today given the tight deadlines & work pressure.  Maureen O’Connell is of the belief that the benefits of great time management skills apply to both the business and its employees. When employees’ working hours are managed to best effect, they tend to be happier & more creative as well as productive. For the business, this means lower absenteeism, innovation and employee advocacy.  

   Here are some of the time management tips that you can use to improve your organizational skills and increase productivity. The more of these you learn to use, the more that you will get done each day.

  • Delegate Tasks– Task Delegation does not mean that you are shying away from your responsibilities, rather it is an important aspect of Time management. One should learn to distribute work to subordinates as per their skills and abilities.
  • Prioritize– Before the start of the day, make a To- do list of tasks that need your immediate attention. Some tasks need to be completed on that day only while other unimportant tasks could be carried forward to next day. 
  • Avoid stress– Stress often occurs when we accept more work than our ability. Hence, learn to say NO to the tasks if you think you are already overloaded!
  • Keep tight deadlines–  Keeping tightrope deadlines will help you in completing your tasks on time!
  • Take refreshing breaks- Whenever you find time yourself for 10-15 minutes, take a break. Take a walk, listen to some music or do some quick stretches.
  • Try to have an uninterrupted work session – During a study, it was found that one hour of ‘uninterrupted’ work yielded work equivalent to three hours of ‘interrupted’ work session in a normal work environment.

 

Time management skills are very important for success in business, whether you’re a solo freelancer or managing a team. These few tips  will help you take control of your time.