Archive for Author: admin@bfag

Hiring a part time Outsourced CFO who is also a CPA_ Isn’t it a great idea

Hiring a part time Outsourced CFO who is also a CPA? Isn’t it a great idea?

Here we are to discuss about the positive possibilities of hiring a CFO for startups, small and midsize companies. For that, lets first understand what exactly are CFOs. The chief financial officer is the one who bears the responsibility for managing the company’s finances, along with the financial planning,...

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How to convert an LLP into Private Limited Company?

The main difference between a Limited Liability Partnership (LLP) and a Private Limited Company is that In an LLP, the Partners hold ownership of the LLP and also hold powers to manage the LLPwhereas in a Private Limited Company, the shareholders (owners) do not necessarily have to have management...

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Cash Flow or Profit, where should you focus more?

Profit is a financial gain which is typically a difference between amount earned and amount spent in a business. Cash Flow is the amount of money being displaced into and out of business which affects its liquidity. When new entrepreneurs start their companies, the main aim is to earn...

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Convertible Notes- All you need to know

Convertible Notes- All you need to know

A convertible note is basically a type of security which includes various instruments that are expected to be converted into stocks in future. These are your debt equity. These notes or series of agreements are issued to the investors at a very early stage in exchange for a share...

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