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Form Over Substance
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May 26, 2023
Ron Parisi
This week I want to talk about Form Over Substance. Some of our new clients have co-mingled their personal expenses and funds with their business funds. With the recent IRS audits and the Inflation Act of 2022, we’re observing some business practices that we’d lik...
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What You Need To Know About Venture Capital Funds
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May 19, 2023
Ron Parisi
A Venture Capital Fund is a group of investors who look for undervalued companies with the goal of investing in these companies and make them more profitable. At CPA on Fire, I speak with entrepreneurs about the three-legged stool in their business- 1.) Product or Serv...
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What You Can Control
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May 12, 2023
Ron Parisi
This week, I wanted to talk about the negative talks I'm hearing about the economy going down. A lot of clients have been asking me about it, what I think, and what they need to do, so I tell them to focus on what they can control. Amidst all that talk, what can you ...
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Scaling Up
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April 28, 2023
Ron Parisi
Today, I’d like to talk about a book I’ve been reading- Scaling Up by Verne Harnish, a very influential leader for entrepreneurs . I wanted to discuss a very interesting section of the book especially for Entrepreneurs, whether it’s for a big or a small te...
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How Accountants Make Business Owners Money
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April 07, 2023
Ron Parisi
An interesting question that's always been asked of me over the years is, “How does an accountant or a vCFO make money for the Entrepreneur?”. You as an Entrepreneur are always on the cutting edge of what’s new and what’s innovative for your business. ...
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4 Ways To Thrive Through Financial Uncertainty
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March 31, 2023
Ron Parisi
As a business owner, these uncertain times bring you to think about challenges you’re already facing– from sluggish sales, bank failures and missed business opportunities. And all these just because you want to see how everything will play out as we start to see some...
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Appearances? Dont Be The One Not Converting Social Media Success To Financial Success.
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March 24, 2023
Ron Parisi
Online entrepreneurs ask, how will they be certain that they will succeed in business? Difficult question. First step, follow others who are successful! Scenario: When a prospect asks to be a CPA on Fire client, I’m often surprised by the fact that while...
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How To Be A Cool CEO Of Your Business?
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March 20, 2023
Ron Parisi
All of us would like to be the cool, relaxed CEO of our businesses. But sometimes when we look at the real picture, all we see is a sleep-deprived, stressed-out business owner because of the many tasks we have on our plates. In all honesty, being an entrepreneur is ver...
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Charlie Munger: A Financial Mastermind
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February 17, 2023
Ron Parisi
I’m sure you’ve heard of him: Charlie Munger. The financial mind behind Warren Buffet – one of the most successful self-made billionaires walking the planet. Growing up, I always saw them as the perfect situation where you had an entrepreneurial visionary l...
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Letting Your Financial Operations Go
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December 22, 2022
Ron Parisi
We get it. Running and growing a business can be really hard. But letting your books go by the wayside can be detrimental to your business. If you find yourself in this position, you do not want to let this problem fester. The longer you put it off, the worse it will get. Talk wi...
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Rest And Relaxation
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December 22, 2022
Ron Parisi
Entrepreneurs work so hard on a daily basis to run their business. Wearing a multitude of hats, juggling so many different things, it can be easy to let that get overwhelming. So today I want to stress the importance of taking time away from your business to recuperate and recove...
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The 3 Pillars Of On Fire System
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December 22, 2022
Ron Parisi
Bookkeeping & Accounting: Every business owner needs to know how their books look. Know your current sales, current profits margins, current net income, profit margins, debt, all of it. Stay on top of these at least monthly, if not weekly. Set aside the time regularly to look...
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