EP201: How to build a profitable business with CFO Teresa Wagonseller

The world of business is always changing, and financial management is a key part of making sure that the business succeeds and stays in business. In the past, Chief Financial Officers (CFOs) have only worked for big companies that could afford to hire full-time financial leaders. But the rise of fractional CFO services has changed how small businesses handle their finances, making it easier and cheaper for them to get professional help.In this episode, Brad and Teresa talk about:Explanation of the role and strategic importance of a Chief Financial Officer.How small businesses can access CFO expertise at a lower cost.Understanding the difference between a business that operates like a machine versus one that feels like a job.Why cash flow is critical for business survival and growth.Overview of key components affecting cash flow.Steps to improve cash flow and business profitability.Mentioned:Website: http://higherupcfoservices.comFacebook: https://www.facebook.com/higherupcfoservicesLinkedIn: http://www.linkedin.com/in/higherup-cfo-servicesLink to Resources:Check out Job Tread now!https://www.hammerandgrind.com/jobtreadGrab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comHelp us get the word out to other contractors by leaving us a review or sharing our podcast! Hosted on Acast. See acast.com/privacy for more information.