Fortune 500 Companies Have CFOs. Main Street Gets a Spreadsheet. One Founder Wants to Close the Gap
A large corporation navigating a cash crunch has a finance department to see it coming, model the scenarios and recommend a response. A ten person business facing the same squeeze usually has a bank balance, a bookkeeping app and a hunch. Industry research has long identified cash flow problems as one of the leading causes of small business failure, and the tools that could prevent them, such as fractional CFO services, often cost thousands of dollars a month, which is out of reach for most small companies. That expertise gap is the target Neema Mahdavian has set for QBiz Technology, the Los…
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