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#168 Why You Need a CFO
Manage episode 341800543 series 2333442
The business owner not knowing their financial numbers is a leading cause of failure and at a certain point in a business life stage, a Chief Financial Offer (CFO) expertise is needed to watch over and sync-up the business cash-flow and profits with company operations.
Today’s episode covers a broad picture of the CFO role and why it is so important. Included is the dangers of not having a CFO, roles of a bookkeeper and tax CPA, the three types of CFO’s, and a starting-line to get you ready to hire an CFO.
A Big Red Flag that a CFO is needed: The company operations is making money, but bank account is shrinking.
Show notes at Arise2Live.com/podcasts
175 episodes
Manage episode 341800543 series 2333442
The business owner not knowing their financial numbers is a leading cause of failure and at a certain point in a business life stage, a Chief Financial Offer (CFO) expertise is needed to watch over and sync-up the business cash-flow and profits with company operations.
Today’s episode covers a broad picture of the CFO role and why it is so important. Included is the dangers of not having a CFO, roles of a bookkeeper and tax CPA, the three types of CFO’s, and a starting-line to get you ready to hire an CFO.
A Big Red Flag that a CFO is needed: The company operations is making money, but bank account is shrinking.
Show notes at Arise2Live.com/podcasts
175 episodes
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