16 min
Do You Need a CFO in Your Business? Keep What You Earn
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- Entrepreneurship
Why might a business need a CFO? Some businesses feel that they have a good grip on their finances and can handle everything on their own, which may be true. But what if there were some opportunities being overlooked?
It is important to have a grounded understanding of a business's financial numbers. As a fractional CFO myself, I am responsible for identifying these gaps and having tough conversations with CEOs to challenge their ideas and ensure focus on what is working and bringing in revenue.
I will discuss some tips to determine if you should look into a CFO, and how a CFO can guide and coach a business to succeed and grow.
What you’ll hear in this episode:
[2:24] Why you need a bookkeeper in your business.
[4:36] What is a CFO and how does it work?
[7:10] What is a CFO? How is it different from a CPA?
[10:41] Benefits of a fractional CFO vs a full-time CFO.
* Related episodes:
Financial Operations vs. Financial Management
Things You Should Not Hire an Accountant to Do
How Do I Break Up With My Accountant?
* Find my recommendations here: https://www.fitnancialsolutions.com/recommendations
* Find everything you need at https://www.keepwhatyouearn.com! https://www.keepwhatyouearn.com/
* Questions about this episode? Text me!: https://my.community.com/shannonweinsteincpa
* Chat about this episode in the Keep What You Earn Community – http://keepwhatyouearn.circle.so/
* Hire us: https://www.fitnancialsolutions.com/accounting
* See how much you can save with an S Corp: https://www.keepwhatyouearn.com/keep-what-you-earn-s-corp-calculator
* Find me on IG https://www.instagram.com/shannonkweinstein/
* Meet me face-to-face on YouTube: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
* Featured in Yahoo Finance! Read more here: https://finance.yahoo.com/news/10-bookkeepers-accountants-watch-2021-113800161.html
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
Why might a business need a CFO? Some businesses feel that they have a good grip on their finances and can handle everything on their own, which may be true. But what if there were some opportunities being overlooked?
It is important to have a grounded understanding of a business's financial numbers. As a fractional CFO myself, I am responsible for identifying these gaps and having tough conversations with CEOs to challenge their ideas and ensure focus on what is working and bringing in revenue.
I will discuss some tips to determine if you should look into a CFO, and how a CFO can guide and coach a business to succeed and grow.
What you’ll hear in this episode:
[2:24] Why you need a bookkeeper in your business.
[4:36] What is a CFO and how does it work?
[7:10] What is a CFO? How is it different from a CPA?
[10:41] Benefits of a fractional CFO vs a full-time CFO.
* Related episodes:
Financial Operations vs. Financial Management
Things You Should Not Hire an Accountant to Do
How Do I Break Up With My Accountant?
* Find my recommendations here: https://www.fitnancialsolutions.com/recommendations
* Find everything you need at https://www.keepwhatyouearn.com! https://www.keepwhatyouearn.com/
* Questions about this episode? Text me!: https://my.community.com/shannonweinsteincpa
* Chat about this episode in the Keep What You Earn Community – http://keepwhatyouearn.circle.so/
* Hire us: https://www.fitnancialsolutions.com/accounting
* See how much you can save with an S Corp: https://www.keepwhatyouearn.com/keep-what-you-earn-s-corp-calculator
* Find me on IG https://www.instagram.com/shannonkweinstein/
* Meet me face-to-face on YouTube: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
* Featured in Yahoo Finance! Read more here: https://finance.yahoo.com/news/10-bookkeepers-accountants-watch-2021-113800161.html
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.
16 min