Boosting Your Financial IQ Strategy and Finance
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- Business
The Boosting Your Financial IQ podcast deconstructs accounting and financial concepts to provide listeners with a holistic understanding of how money works and how to create more value. The host, Steve Coughran, brings his wealth of experience working as a business owner, management consultant, and CFO to share examples, stories, and analogies that deepen business acumen and build skills related to financial literacy. Boosting Your Financial IQ centers in on financial and accounting topics that will empower you to identify value drivers and boost financial performance. Whether you are new to finance or a seasoned professional, this fresh podcast will equip you with real-life financial knowledge that will enable you to speak the language of money. Visit www.byfiq.com to learn more.
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115: Throughput--One of the Most Important Metrics in Business
Welcome to Boosting Your Financial IQ, I'm Steve Coughran, your host. Today, we're exploring one of the most crucial yet often overlooked metrics in business: throughput. Throughput measures the rate at which a system can produce results, whether it's revenue per hour, gross margin per hour, or any other financial metric as a function of time. Understanding and optimizing throughput is essential for maximizing efficiency and profitability in your business operations. By focusing on improving ...
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114: The Most Critical Things to Know About Free Cash Flow
Welcome to Boosting Your Financial IQ. Today, we're diving deep into "The Most Critical Things to Know About Free Cash Flow." Free cash flow (FCF) is a cornerstone metric for investors, analysts, and business leaders alike, offering a window into a company's financial health and operational prowess. Here are the five key takeaways: Firstly, FCF represents the cash generated by a company's operations after deducting capital expenditures. It's the cash available for debt repayment, dividends, a...
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113: What You Need to Know About Working Capital
Welcome back to Boosting Your Financial IQ, I'm your host Steve Coughran. Today, we're delving into "What You Need to Know About Working Capital." Understanding this financial metric is essential for maintaining the health of your business. We'll define what working capital is and unravel the distinction between operating and working capital, providing clarity on their respective roles. Drawing from my experiences with various companies, we'll examine real-world examples showcasing the impact...
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112: The Ins and Outs of CapEx
Welcome to Boosting Your Financial IQ with your host, Steve Coughran. Today, we're diving into "The Ins and Outs of CapEx." Capital expenditures, or CapEx, are vital for business growth, but understanding them is key. We'll explore how companies establish thresholds for CapEx, ensuring investments align with strategic objectives. Delving into the mechanics, we'll demystify depreciation and amortization, crucial for assessing asset value over time. Moreover, we'll dissect the nuances of capita...
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111: Investing in the Business of Child Care with Patrick Bell
Welcome to Boosting Your Financial IQ podcast with your host Steve Coughran. In this episode, we explore the world of investing in the business of childcare with Patrick Bell, CEO of Finexia. Patrick sheds light on why childcare is a unique and promising investment opportunity, highlighting its resilience in the face of economic fluctuations and its crucial role in supporting working families. We delve into how demographic trends and government policies influence the childcare industry's viab...
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110: Straight-Up Advice for Those Making Financial Decisions
Welcome to Boosting Your Financial IQ, I'm your host Steve Coughran. Today, we're diving into "Straight-Up Advice for Those Making Financial Decisions". In the fast-paced world of business, financial literacy isn’t just an asset; it’s a necessity. You might think finance is only for the birds, but if so, you’re not alone; most people score below a D on our business financial literacy IQ test. Even if you’re not in a finance role or still in school, understanding money's language can be pivota...