Dan Shaffer Dan Shaffer

Navigating the Financial Compass: Understanding Cash Flow, Profit & Loss, and Balance Sheets

Understanding your company's financial health is crucial for making informed decisions and steering your business towards success. As your CFO, I want to shed light on three fundamental financial statements: the Cash Flow Statement, the Profit and Loss (P&L) Statement, and the Balance Sheet. Each plays a unique role in providing insights into different aspects of your business's financial status, and together, they form a comprehensive financial overview.

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Dan Shaffer Dan Shaffer

The Ideal Client for Wolfe CFO: Maximizing Your Business's Potential

Every business reaches a stage where scaling up or optimizing operations becomes crucial for sustained growth or profitability. For companies in this scenario, a strategic financial partner can make all the difference. Here at Wolfe CFO Services, we specialize in serving an ideal client profile that not only benefits from our fractional CFO services but thrives because of them

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Dan Shaffer Dan Shaffer

The Thrill of Working with SoleKids

[W]orking as the Chief Financial Officer (CFO) for a nonprofit organization like SoleKids offers a refreshing and profoundly rewarding experience. SoleKids is not just any nonprofit; it is a dynamic community dedicated to empowering young minds through fitness and education. Here’s a glimpse into why it’s incredibly cool to be part of such an inspiring organization.

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Dan Shaffer Dan Shaffer

The Journey of Freedom

…John's days grew longer and more stressful. He worked late into the night, trying to balance the books and manage the growing pile of bills. His free time vanished, and his family life began to suffer. The dream of freedom seemed to slip further away with each passing day…

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Dan Shaffer Dan Shaffer

Do I need a CFO?

The Importance of Having a Fractional CFO for Your Business

In today's competitive and rapidly evolving business environment, financial management is critical to the success and sustainability of any organization. For many small to mid-sized businesses, hiring a full-time Chief Financial Officer (CFO) can be financially daunting. You as the owner have been doing it but often times feel the struggle of trying to figure out, what should my targets be? This is where the concept of a fractional CFO comes into play. A fractional CFO is an experienced…

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Dan Shaffer Dan Shaffer

Vision, and Why you Need it!

The Importance of Mission, Vision, and Values for CEOs: A Unified Direction with the CFO

In the dynamic world of business, the roles of the Chief Executive Officer (CEO) and Chief Financial Officer (CFO) are crucial in steering an organization towards success. While their functions may seem distinct, a shared understanding and commitment to the company's mission, vision, and values can…

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