Financial Strategy

Despite numerous fractional CFO firms to choose from, many businesses choose to work with Sentinel Finance Group for a few specific reasons.

Form 1099-NEC is a tax form that businesses must file by the end of January. It reports payments from a business to non-employee contractors and vendors.

The year-end close is the process in which a company closes its books, making any adjustments to ensure the financials are accurate and ready for tax filing.

Every company should have an annual budgeting process. A budget sets financial goals for the next year, and it should be used to measure financial performance.

CFO services can help commercial real estate companies manage profitability, cash reserves, and risk to effectively scale their operations.

Many companies are experiencing decreasing profit margins as a result of higher expenses and higher labor costs, which will eventually lead to losses.

CFO services can help construction businesses proactively manage industry pain points to maintain a strong financial position and foster stability and growth.

Some business funding sources require equity in return for capital. It’s important to consider the balance between growth opportunities & protecting your equity.

The four main funding sources for businesses are bank loans, venture capitalists, angel investors, and self-funding. Each comes with pros and cons to consider.

Outsourcing and AI can be good tools to utilize in your business. However, it’s still important to have highly skilled financial oversight for a few reasons.