An Introduction to Best in Class Finance Departments for Maximum Business Value

13:43
 
Share
 

Manage episode 224598973 series 1923829
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.

In episode 119 of Financially Simple, Justin begins a series of episodes looking at having a Best in Class Finance Department for maximum value growth.

Many individuals and business owners lack the knowledge of proper book-keeping and financial management, leaving it to the accountants to figure out. But having a fundamental understanding and systems in place to manage the accounts will improve transparency and increase the value of a business. Justin asks key questions to assess your business, and gives an overview of how a Best in Class Finance Department can enhance a business’s value.

TIME INDEX:

00:52 - An Introduction to Best in Class Finance Departments for Maximum Business Value

01:20 - What’s Your Financial Know-How and State of Finances?

03:47 - Having a comprehensive Finance Department and Strategy

05:34 - Some simple questions to ask Yourself to understand Your own capabilities

10:12 - The ways in which a Best in Class Finance and Accounting department can enhance value

12:00 - Wrap Up.

USEFUL LINKS:

Financially Simple

Financially Simple on YouTube

Financially Simple on Facebook

Financially Simple on Twitter

DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.

149 episodes available. A new episode about every 3 days averaging 17 mins duration .