By engaging a CFO, a not-for-profit obtains a strategic financial leader who will have a deeper understanding of their business model, financial standing, and banking relationships.
Recruiting the right people to serve on your not-for-profit board is critical to ensuring success and longevity for your organization. Check out our pointers.
While hiring a full-time executive may not be feasible, firms like Bowers offer CFO Services to help businesses and nonprofits understand and maximize their financial potential.
Consult an experienced CPA to develop a viable strategic plan. They have knowledge of multiple business proficiencies, the most critical being the financial component.
While the company’s claim was initially denied by the NYS sales tax auditor, our expertise in sales tax allowed us to propose a contractor exemption resulting in a roughly $950,000 reduction in tax liability.