We delve into the financial strategies crucial for small and medium-sized businesses (SMBs) to thrive. Expert guest Ben Hackley, a fractional CFO with extensive experience in finance and accounting, will provide actionable advice on navigating the complexities of SMB finance. We covered the following key topics including:
- Scenarios where businesses benefit from a fractional CFO’s expertise, from high-level reviews to strategic planning.
- Debunking the myth that complexity equals effectiveness in financial processes.
- Rethinking the necessity of budgets for smaller companies and exploring alternative approaches.
- Balancing the drive to increase sales with effective cost management to avoid the pitfalls of over-optimism.
- Managing the challenges of growth, from increased revenue to operational scale.
- Practical tips for maintaining your business’s financial health through effective cash flow management.
If you need help with your reports and company analytics, Contact us to schedule a consultation today! We’d love to help you determine the best option for your company reporting.