Employee Hostage Situations

Employee Hostage Situations

A large reason, that is often overlooked, to outsource your CFO and accounting services is to avoid Employee Hostage Situations.   An Employee Hostage Situation is a circumstance where a business is held “hostage” by an employee due to their knowledge of business...
vCFO Services: A View From an 11-Year-Old

vCFO Services: A View From an 11-Year-Old

Recently my son came to me and asked what I do for work. Trying to explain the details of accounting to an 11-year-old is a losing battle, so instead I gave him an analogy that I think you all could learn from.   Accounting is like a football game – except both...
An Accounting Department in A Box

An Accounting Department in A Box

At CPA On Fire, we provide virtual CFO services for online businesses. There is an aspect to these services that we refer to as An Accounting Department in A Box.   All great companies have superior processes when it comes to their business models; just look at...

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