ASK a CFO

PODCAST · business

ASK a CFO

Ask a CFO is a weekly corporate finance Q&A with the CEO of Vanreusel Ventures, James Vanreusel. He has over 15 years of experience working at a CFO level for international non-profit and for-profit companies focusing on impact in tech and healthcare.•Get James' free book here•Explore Scale by Numbers

  1. 47

    Unexpected Funds? Here's What to Do Next

    In this episode of Ask a CFO, we dive into two common yet critical questions for organizations: What should you do when unexpected funding comes your way? And how can you keep a close eye on your budget spending to ensure you end the year on track? Read More...

  2. 46

    How can you scale your impact despite losing a donor?

    In this episode of Ask a CFO, we tackle the challenge of scaling impact for nonprofits, even when facing potential donor loss.  Read More...

  3. 45

    Ask a CFO with James Vanreusel – Diving into the Employee Tax Credit (ERC). What Is It and Could You Be Eligible?

    Looking for an outsourced accountant for your professional services firm? Russell Benaroya with Stride services can help, Read More Here...

  4. 44

    Ask a CFO with James Vanreusel - The Audit Process

    In this episode of Ask a CFO, James Vanreusel of Vanreusel Ventures discusses his experience with the audit process for both for-profit and non-profit companies in the health and tech sectors.  Audits are complex and intricate.  At times, they can seem like a looming task, but the purpose of an audit is not to create extra work for your Finance Team.  Ultimately, in the end with a positive result, it can make your company more profitable, and attractive to investors and stakeholders. Read More Here...

  5. 43

    Ask a CFO with James Vanreusel - Taking your startup to the next level

    In this episode of Ask A CFO, James Vanreusel and Steve Matthews offer advice to early-stage founders who are wanting to take their businesses to the next level. Each of them shares nuggets of wisdom about what they've discovered from their past mistakes and examine the essential elements of a successful business. They emphasize the importance of developing your team, leveraging experts, implementing software and procedures, and effectively utilizing resources. <a href="https://vanreuselventures.com/not-sure/ask-a-cfo-with-james-vanreusel-taking-your-startup-to-the-next-level/">Read More Here...</a>

  6. 42

    Ask a CFO with James Vanreusel - Winning Hiring Strategies in the Great Resignation

    In this episode of Ask A CFO, we discuss the challenges of hiring.  With the employment rate at a record low, how do you find qualified candidates during the great resignation?  Covid has had a huge impact on so many areas of our lives and hiring is an area that continues to be affected.  Read more here

  7. 41

    Ask a CFO with James Vanreusel - Why Companies Need a CFO

    The CFO acts as a quarterback for the internal functions and structure of the finance team. All of this is to keep the company on a growth track, eliminate risks, and attract and keep investors and donors happy and excited about your business. Read more here

  8. 40

    Ask a CFO with James Vanreusel - What to Do When Your Q1 Budget Goes Awry

    In this Episode of Ask a CFO,  James Vanreusel of Vanreusel Ventures discusses the topic of reforecasting and rebudgeting should you miss your budgets at the end of Q1. Read more here

  9. 39

    Ask a CFO with James Vanreusel - Venture Studios Unleashed: Insights from Jake Hurwitz of Gallery Partners

    Jake Hurwitz started his first company at 8 years old, a skateboard repair company. It failed miserably. But at 18 he started a design agency and made his way into the venture studio space in 2017. In 2018 he started the Global Startup Studio Network, which later sold to the Global Accelerator Network. He now consults with about 120 studios around the world with Gallery Partners. He’s here to teach us all a lot about the venture studio space, and why it has changed SO much in the past 6 months alone. Read more here

  10. 38

    Ask a CFO with James Vanreusel - Understanding Sales Pipelines, Expenses, and Cash Liquidity

    In this episode of "Ask a CFO," James discusses the interplay between sales pipelines, expenses, and cash liquidity. Cash is the lifeblood of any organization, and it's crucial to manage both the inflow and outflow of cash effectively. Expenses are highlighted as typically predictable, especially when not scaling or hiring new personnel. In contrast, sales can be unpredictable, underscoring the importance of maintaining a well-structured sales pipeline. Read more here

  11. 37

    Ask a CFO with James Vanreusel - Understanding Employer Health Benefits

    In this episode of Ask a CFO, James Vanreusel of Vanreusel Ventures discusses the topic of employer covered benefits. Read more here

  12. 36

    Ask a CFO with James Vanreusel - Top Project Management Tools for Small Teams

    It's impossible to get everything done and keep projects organized! Or is it? In this Ask A CFO episode, James covers how he structures his projects and the techniques and tools he employs to eliminate bottlenecks. Read more here

  13. 35

    Ask a CFO with James Vanreusel - Top Finance and Accounting Tools

    In this episode of Ask a CFO,  James Vanreusel discusses more corporate finance questions focusing this week on finance and accounting tools for small to medium sized business. Read more here

  14. 34

    Ask a CFO with James Vanreusel - The Perfect Timing for Hiring a CFO

    In this episode, James tackles a question that is often questioned by many founders and CEO: When should I bring in a CFO? We'll explore that as the answer isn't one-size-fits-all. Read more here

  15. 33

    Ask a CFO with James Vanreusel - The First 90 Days as a Start-Up CFO

    This episode of Ask a CFO features "The First 90 days of a CFO during a new engagement" Vanreusel Ventures helps young companies invest early in the financial infrastructure that will enable them to scale efficiently. Read more here

  16. 32

    Ask a CFO with James Vanreusel - Strategies to Avoid Large Tax Bills

    In this episode of Ask a CFO,  Co-Founder of  Stride Services, Russell Benaroya was our special host.  He and James discuss strategic tax planning, and how to prepare through the year. Read more here

  17. 31

    Ask a CFO with James Vanreusel - Smart Pricing Strategies in Economic Downturns

    In this episode of Ask A CFO, we discuss the dicey and sometimes taboo topic of --RAISING PRICES!  EEEK.   Why would you do such a thing?  Well, sometimes you have to just to stay afloat because when there is a downturn, that doesn't exclude Y-O-U. We are all "in it together," right?  So if you or your business is experiencing expenses tied to inflation, increasing overheads, and narrowing profit margins, or even better, your team is just betting faster with higher output, it may be time to raise your pricing.  Read more here

  18. 30

    Ask a CFO with James Vanreusel - Should I prioritize growth, profitability, or long-term sustainability?

    In this episode, we tackle a question that often plagues startups and companies alike when they're raising funds or engaging with investors: Should they prioritize growth, profitability, or long-term sustainability? We'll explore each term individually, dissecting the implications and considerations associated with them. Read more here

  19. 29

    Ask a CFO with James Vanreusel - Scenario Analysis for Cash Cushion Planning

    In this episode of "Ask a CFO," the host addresses the question of how to manage finances when expenses remain constant but sales are inconsistent. The focus is on understanding different scenarios, including the base case, best case, and worst case. Read more here

  20. 28

    Ask a CFO with James Vanreusel - Non-Profit Strategies in Today's Climate

    In this episode of Ask a CFO, James Vanreusel discusses more corporate finance questions focusing this week on non profit organizations. Read more here

  21. 27

    Ask a CFO with James Vanreusel - Navigating Treasury Management

    Welcome to another episode of the Ask a CFO podcast. In this episode, James Vanreusel, CEO and founder of Vanreusel Ventures, explores the topic of treasury management and provides insights into the current state of the banking industry. Read more here

  22. 26

    Ask a CFO with James Vanreusel - Mastering Restricted Funding Reporting

    In the dynamic world of nonprofits, where purpose and impact drive every endeavor, managing restricted funding can sometimes be a labyrinthine challenge. Join us as we delve into the intricate landscape of tracking and reporting restricted funding, unraveling complexities and revealing strategies for a streamlined process. Read more here

  23. 25

    Ask a CFO with James Vanreusel - Managing Donor-Restricted Funds for Non-Profits

    In this episode of "Ask a CFO," James discusses how non-profit organizations can manage funds with donor restrictions, ensuring accurate reporting and transparency. He highlights the use of accounting software and the importance of time tracking. James also shares some useful ways to track fund releases, the significance of managing the balance sheet to avoid negative restricted assets, and the need to include and accurately track restricted funding in the budget over time. Read more here

  24. 24

    Ask a CFO with James Vanreusel - Key Finance KPIs Explained

    In this Episode of Ask a CFO,  James Vanreusel discusses more corporate finance questions focusing this week on finance and accounting KPIs and metrics. Read more here

  25. 23

    Ask a CFO with James Vanreusel - Investor - Friendly Strategies for Success

    In today's episode, we delve into the venture capital world and explore the question, "How do I make my VC's life easier?" Whether you're a company seeking to build a strong relationship with venture capitalists or a portfolio company aiming to meet their needs, this episode has got you covered. Read more here

  26. 22

    Ask a CFO with James Vanreusel - Insights from a Lead Channel Account Executive - Joel Lacayo from Rippling

    Vanreusel Ventures is a member of several networking groups in San Francisco, and one of the main questions we get is "what is the best payroll provider or HR software?  There are so many options, that it can be hard for a smaller business to choose one.  They have different setups, and need different features. In this week's Scale By Numbers podcast episode, we take a deep dive into Rippling with their Lead Channel Account Executive Joel Lacayo.  Joel discusses what makes Rippling unique, how they support companies throughout every stage of their business and what they have in store for the future. Rippling is more than just a payroll provider.  They are set up to grow with your company, and include a high level of automation, and API integration for over 500 apps. Read more here

  27. 21

    Ask a CFO with James Vanreusel - How to Prepare for an Audit

    Vanreusel Ventures supports and guides our clients through the audit process and everything that comes along with it: Prep, expectation and completion. Read more here

  28. 20

    Ask a CFO with James Vanreusel - How to Cut Administrative Costs in Your Start-Up

    One of the most important things to remember when running a start up with limited resources, is that every expense is on the chopping block every month.  As we all know we live in the world of subscriptions and it is very easy to let them get out of control. If you want to keep expenses flat, to maximize profitability, you want to take some of the money from elsewhere, to invest in areas that are really going to help you as you scale. To do this, you need to go through your p&l, your chart of accounts, even all the all the operating expenses. Read more here

  29. 19

    Ask a CFO with James Vanreusel - How Can a CFO Build Deeper Relationships with Investors?

    In this episode of Ask a CFO, , James Vanreusel of Vanreusel Ventures discusses building strong relationships with investors by learning how to offer them benefits unique to your business. Read more here

  30. 18

    Ask a CFO with James Vanreusel - How a CFO Supports Post-Series A-B Funding

    CFOs are a thinking partner to the CEO. I have said it multiple times. When you are dealing with fundraising of any kind, you must have support in your back pocket to assist with your financial functionality. Ideally, you want to start getting help from a CFO at least six months before your fundraising efforts, BUT most times, it's better late than never. Investors need complete visibility and 100% of the CEO's time. If you do not have your due diligence in order, your numbers straight, your finance team is working together as one....you will find yourself with friction that is strong enough to slow your growth momentum. Read more here

  31. 17

    Ask a CFO with James Vanreusel - Finance's Role in Evaluating New Business

    In this episode of Ask a CFO, James Vanreusel discusses more corporate finance questions. This week the subject is the role of a finance department in evaluating new business opportunities. Read more here

  32. 16

    Ask a CFO with James Vanreusel - Extend Your Runway: No Dilution No New Funding

    In this episode of Ask a CFO, James Vanreusel, founder and CEO at Vanreusel Ventures, delves into a question that plagues many startups and nonprofits in their early stages: How can they extend their runway without dilution or raising another round of funding? James outlines three insightful strategies to achieve this goal, offering valuable advice for founders and leaders seeking to secure their organization's financial future. Read more here

  33. 15

    Ask a CFO with James Vanreusel - Evaluating the whys when it comes to switching vendors

    In the episode of Ask a CFO, James Vanreusel discusses more corporate finance questions focusing this week on what to do when you need to change vendors. Vendors and service providers should fix problems, not create them.  When thinking about whether a switch is the right move, the first questions you should ask your self is will someone else do it better, faster, and fit within the company culture. Read more here

  34. 14

    Ask a CFO with James Vanreusel - Employee Stock Options w/Carta X

    Carta launched CartaX in January, its a network, an ecosystem that brings companies, with lots of employees stock options together with investors. It allows investors to come in and buy employee stock options in a structured way from the company. Read more here

  35. 13

    Ask a CFO with James Vanreusel - Effective Strategies to Eliminate Company Debts

    In this episode of "Ask a CFO," we talk about the crucial question of how to strategize to get all your company's debt paid. It might not sound like the wildest ride in the financial theme park, but managing debt is crucial for success, and our host has some insights to share. Read more here

  36. 12

    Ask a CFO with James Vanreusel - Effective Non-Profit Fundraising

    In this episode of Ask a CFO, James Vanreusel of Vanreusel Ventures discusses the topic how a young non profit organization can begin their due diligence and begin to raise money. Read more here

  37. 11

    Ask a CFO with James Vanreusel - Discussing Annual Bonuses

    This episode discusses the topic of whether "annual bonuses tie into company performance?" Read more here

  38. 10

    Ask a CFO with James Vanreusel - Daily Routines for Corporate Finance Success

    In this episode of Ask a CFO,  James Vanreusel discusses more corporate finance questions, this weeks topic focuses on routine, and preparation for a successful day. Read more here

  39. 9

    Ask a CFO with James Vanreusel - Creating a 5-Year Sustainable Budget for Non-Profits

    In this episode of "Ask a CFO," James explores how non-profit organizations can create a sustainable budget for the next years, especially when facing a current lack of funding but with plans for future growth. He discusses the importance of providing donors with a projection and then comparing it with the current year’s budget to identify any risks. Finally, he lists what is needed to create a sustainable budget for the future. Read more here

  40. 8

    Ask a CFO with James Vanreusel - Continuous Accounting Close: How to Keep Your Finances Always Up to Date

    Welcome back to another episode of "Ask a CFO," the discussion centers around the concept of continuous accounting close. The primary focus is on how companies can expedite the monthly, quarterly, or yearly financial close process, aiming to avoid waiting until the end of the month to reconcile and finalize their financial records. Read more here

  41. 7

    Ask a CFO with James Vanreusel - Challenges of Being an Interim CFO

    In this episode of Ask a CFO, Co-Founder of  Stride Services, Russell Benaroya was our special host.  He and James discussed the complexities of working with a “turnaround’ company. Read more here

  42. 6

    Ask a CFO with James Vanreusel - CFOs - The CEO's Strategic Partner

    Every part of a business, whether Sales, Business Development, Marketing, or People Ops should have someone "in charge."  Someone that will ask the tough questions, make the hard decisions, and most important, mitigate risks. The same applies to the finance department. If a growing business doesn't have someone like a CFO protecting the company's financial health, the business will struggle to grow and open itself to fraud. Read more here

  43. 5

    Ask a CFO with James Vanreusel - CFO Priorities During a Crisis

    When we depending on how good the state of the financials are in, you know, it may take two to three weeks to get there. I would say during those two to three weeks, I would put a concerted effort on on really putting every expense on the chopping block, and seeing if it needs to go on on. Read more here

  44. 4

    Ask a CFO with James Vanreusel - CEO's Role in Monthly Financial Close

    Being a CEO feels like you're juggling 30 things at once, so one of the best things you can do (for your sanity) is recognizing which tasks can be allocated to other people. With every month-end close process being fundamental, it isn't easy to gauge how much the CEO should be involved and what aspects of the month-end close process can be dished out to others.  Read more here

  45. 3

    CFO Strategies for Scaling Non-Profits

    The Ask a CFO series is a Q & A with CFO James Vanreusel.  James answers questions ranging from  corporate finance,  FP&A, Investor Relations, Professional Development, Business Growth, Fundraising, M& A, and more. Read more here

  46. 2

    Ask a CFO with James Vanreusel - Calculating Cost per Beneficiary for Non-Profits

    In this episode of "Ask a CFO," James delves into the concept of unit economics and how non-profit organizations can effectively calculate the cost per beneficiary. He explains that this can be done in several ways. James also explains why it is important to calculate the indirect cost rate. Finally, he discusses whether there is a minimum or maximum cost per beneficiary. The episode provides valuable insights into leveraging unit economics to improve the effectiveness and sustainability of non-profit programs. Read more here

  47. 1

    Ask a CFO with James Vanreusel - Non-Profit Board Problems

    In this episode of ASK a CFO, James Vanreusel of Vanreusel Ventures discusses Non-profit boards, their common issues, and what to do if one member is causing problems.  For small to midsized for-profit and non-profit organizations, having a board of directors is extremely imperative to ensure that the company is running at its optimal level.  Read more here

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ABOUT THIS SHOW

Ask a CFO is a weekly corporate finance Q&A with the CEO of Vanreusel Ventures, James Vanreusel. He has over 15 years of experience working at a CFO level for international non-profit and for-profit companies focusing on impact in tech and healthcare.•Get James' free book here•Explore Scale by Numbers

HOSTED BY

Vanreusel Ventures

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