Enjoy the Holiday Season!

This is a wonderful time of the year.

A festive season with sharing, giving, receiving, praying, and of course partying.

Enjoy the holiday season and celebrate Christmas, Hanukkah, and all other religious and non-denominational events.

Let us hope that the New Year brings opportunities and successes for all.

With best wishes for this holiday season and wishing you a prosperous 2010!

Ravi Patel

www.patelCFOservices.com

Published in: on December 22, 2009 at 5:45 am  Leave a Comment  
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Outsourced CFOs During Down Times

               
The San Fernando Valley Business Journal has an interesting article on “Businesses Lean on Outsourced CFOs During Down Times.”
 
Entrepreneurs might want to check it out at:

http://www.sfvbj.com/article_readlist.asp?aID=141535

Ravi Patel

www.patelCFOservices.com

Financial Vision

Most Entrepreneurs are aware of the need for and have most probably developed a vision for their company. The Company Vision is the overall guiding force that drives the company and forms the basis of the Mission Statement. The Company Vision and the Mission Statement allow the Entrepreneur to clearly communicate the strategic direction of the company to the employees and other stakeholders.

In my opinion, a Financial Vision is also important for Entrepreneurs. Developing a Financial Vision quantifies the overall Company Vision and serves as a yardstick to measure periodic financial performance. It also provides the financial stakeholders in the company – shareholders and debt providers – a concrete gauge to assess the potential for their investment. It is not necessary to widely share the Financial Vision of the company.

A Financial Vision is long-term and has to be developed in conjunction with the Company Vision. It might include targets for revenues, company value, return on equity, growth, etc. The Financial Vision should be easy to understand and contain no more than three areas of focus.

Please check us out at www.patelCFOservices.com

Ravi Patel

Entrepreneurs and Outsource CFO Services

You have obviously heard about outsourcing. When should entrepreneurs outsource CFO services? Please visit my site at www.patelCFOservices.com and check out the Articles and News tab for an article on that subject. I hope you find it useful.

Ravi Patel

Welcome

I am new to blogging, but do read other blogs. In my blog, I will attempt to reflect on my experiences as a CFO Outsource Service Provider at Patel CFO Services (www.patelCFOservices.com) – both at work and in life.

Ravi Patel

Published in: on November 3, 2008 at 1:44 pm  Leave a Comment  
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