Recently, Jack McCullough, CFO thought leader, author, Founder and President of The CFO Leadership Council, and member of Charles River CFO’s Advisory Board, presented his perspectives for 2025 to our team. 1. Economic Landscape and Policy Outlook CFO optimism is rising with confidence projected to reach 2021 levels (StrategicCFO360). Pro-business policies at the federal level including lower corporate taxes and deregulation may boost growth. Global trade risks persist and su

As biotech startups navigate critical growth phases, financial complexity intensifies. Fractional CFO services become invaluable.

Join us for our quarterly "CFO Call" Webinar Series Wednesday, November 13, 11:30 AM -12:30 PM EST With 2025 fast approaching, now is the time to address two important topics that may be on your planning horizon. First, we will review key considerations and a suggested timeline of actions if you are planning a potential public offering. Additionally, we will provide an overview of the Financial Crimes Enforcement Network's (FinCEN) new Beneficial Ownership Information (BOI) f

Join us for an enlightening webinar explicitly designed for senior executives and leaders in the credit union sector.

Three Key Challenges for Review this Fall As we approach year-end insurance renewals, it's crucial to review three important areas: Directors and Officers (D&O) insurance, clinical trial insurance, and cyber insurance. Early planning ensures your firm is prepared for upcoming changes and challenges. 1. Directors and Officers Insurance D&O insurance has experienced substantial changes since 2020. According to S&P Global, premiums increased by 38% in 2021 and 41% in 2022. Whil

With last week's solstice announcing summer, some adhere to tradition by leaping over bonfires for protection throughout the year. However,

Understanding potential tax-saving strategies is crucial. One such strategy is the Massachusetts Security Corporation (MA Security Corp).

A Strategic Move for Credit Unions In today's dynamic business landscape, credit unions face a multitude of challenges, from regulatory changes and slowing of membership growth to technological advancements. One such challenge that often arises is senior-level staff attrition. As experienced executives retire or move on to other opportunities, credit unions must find innovative solutions to maintain financial stability and strategic direction. One effective strategy is levera

An organization's indirect costs are costs that cannot be directly attributable to a specific product, service or, in this case, grant.

Dorcas Riley joins Charles River CFO as Nonprofit and Social Enterprise Practice Leader and CFO

Seven areas of expertise an insightful CFO brings to a small business.

As a CEO, the decision to hire a Chief Financial Officer (CFO) is pivotal in shaping your company's financial trajectory and overall success. When interviewing a potential CFO candidate, consider their professional experience, strategic outlook, and vision for the role. Here are five key topics to raise in an interview and what to anticipate from their responses: 1. Professional Experience and Track Record: Look for a seasoned CFO with a robust background and a track record o

Join us for this webinar panel to learn financial and legal insights for tech and life science businesses.

With a tight job market, declines in charitable giving, and inflationary pressures, 2024 presents concerns for nonprofit leaders, especially CFOs. In a recent Forbes article featuring an executive survey on top risks, CFOs highlighted talent, economic uncertainty, and cyber as top risks. Nonprofit CFOs recognize the pivotal role of talent in navigating risks and opportunities to advance the organization’s mission and goals. Strategies for Nonprofit Resilience & Risk Managemen

In our 20+ years of working with clients, a senior CFO has improved these companies’ fundability, operating health, and exit value.

5 Challenges Faced by New Credit Union CEOs and Their Board of Directors In the midst of a talent drain, the credit union industry is witnessing a wave of senior executives and board members stepping down. This shift presents a unique set of challenges for incoming CEOs and their respective boards. Here, we delve into five key challenges these new leaders must navigate. 1. Addressing Examination/Audit Results Incoming CEOs are immediately thrust into the spotlight during exam

Navigating the Growth Challenges Faced by Biotech CFOs with Kevin Sarney "Chief Financial Officers in the biotech industry operate in a complex and ever-changing financial landscape. In addition to being charged with traditional financial duties, they must navigate regulatory uncertainties, manage risks, and adjust to evolving market dynamics. We spoke to Kevin Sarney, Life Sciences Practice Leader for Charles River CFO, about the current financial environment for biotech com

A new U.S. compliance law is mandatory for many businesses to provide Beneficial Ownership Information. Are you ready?

Charles River CFO, is proud to announce the launch of its CEO Executive Advisory Services, designed specifically for Credit Unions and Community Banks. With financial institutions facing unique challenges in today's dynamic finance environment, this service aims to provide seasoned expertise and strategic guidance tailored to their specific needs. Charles River CFO's Executive Advisory Services are designed to foster effective board leadership, improve CEO performance, and of

by Kevin Sarney, Life Sciences Practice Leader Chief Financial Officers (CFOs) in the biotech industry find themselves at the forefront of a complex financial landscape. Their roles encompass far more than traditional financial management – they must navigate many challenges, from securing capital to dealing with regulatory uncertainties, managing financial risks, cyber risks and evolving market dynamics. #1 Capital Raising in an Evolving Investment Climate One of the most si