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Seven Financial Signals That Your Company Needs a CFO, Not Just an Accountant
Good accounting is the foundation, but a growing business also needs financial perspective. See seven signs that your company may need CFO-level analysis, cash flow forecasting, and management reporting.
Kamen Dimitrov
6 days ago8 min read


SME Bank Financing in Bulgaria: Why the Financial Model Matters
For many small and medium-sized enterprises, bank financing is one of the most important tools for growth - supporting working capital needs, equipment purchases, production expansion, acquisitions, export development, or the refinancing of existing debt.
Kamen Dimitrov
Jun 55 min read


Growth, Survival, and the Economics of Industrial Value Creation
Over the past 15 years, many industrial companies have doubled or tripled revenues through reinvestment and capacity expansion. Yet scale alone does not guarantee value creation. When ROIC drifts toward or below the cost of capital, growth becomes expansion without compounding. The real strategic question is not revenue — it is structural margin and disciplined capital allocation.
Kamen Dimitrov
Feb 234 min read


The Liquidity Trap: Why Profitable SMEs Fail? SME Liquidity Management
Profit does not guarantee survival. Liquidity does.
Many profitable SMEs fail not because of losses, but because cash quietly disappears while the P&L looks healthy. This article explains why growth consumes cash, how working capital erodes liquidity, and why banks step back before problems become visible — and what disciplined SME liquidity management actually looks like.
Kamen Dimitrov
Feb 93 min read


M&A Advisory: Is Your Company Ready to Sell?
Selling your company is more than a transaction—it’s a strategic milestone that shapes your future, your team, and your legacy. This article explores the five pillars of sale readiness—financial clarity, scalable operations, strong leadership, compliance, and competitive advantage—and offers a practical checklist to help you assess whether your business is truly ready for an M&A process
Kamen Dimitrov
Aug 20, 20252 min read


Mastering Financial Management — A CFO’s PERSPECTIVE FOR CEOs, GENERAL MANAGERS, AND BUSINESS OWNERS
Article 2. Key financial metrics and how to track them Imagine you’re at a fancy dinner party and the host brings out a magnificent cake....
Kamen Dimitrov
Jan 25, 202416 min read


Mastering Financial Management — A CFO’s PERSPECTIVE FOR CEOs, GENERAL MANAGERS, AND BUSINESS OWNERS
Understanding the role of financial management in achieving business objectives
Kamen Dimitrov
Jan 25, 202411 min read


The Power of Fractional CFOs for Small and Medium-Sized Businesses
In the dynamic landscape of small and medium-sized businesses (SMBs), financial management plays a crucial role in determining success....
Kamen Dimitrov
Dec 14, 20232 min read


Understanding the role of financial management in achieving business objectives
Understanding the role of financial management in achieving business objectives
Kamen Dimitrov
Jun 2, 202310 min read


Working Capital Management - fundamental part of the overall corporate strategy
Working capital management is the process of managing a company's short-term assets and liabilities to ensure its operations.
Kamen Dimitrov
Feb 28, 20234 min read


The European Commission Upgrades Economic Outlook for Bulgaria - Feb 13th, 2023
The European Commission Upgrades Economic Outlook for Bulgaria
Kamen Dimitrov
Feb 14, 20232 min read


Financial Planning, Budgeting and Activity Based Costing - Crucial to Achieving Sustainable Growth
Activity based costing is a powerful tool that can help companies better understand the true costs of their products and services.
Kamen Dimitrov
Feb 14, 20233 min read


Business Credit Rating 101
Brief Understanding of How Credit Rating Works
Kamen Dimitrov
Feb 10, 20232 min read


Transparency in Financial Reporting - a Must for Success in Today's World
Financial transparency is vital for decision-making and helps build trust!
Kamen Dimitrov
Feb 10, 20232 min read
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