Turning the Gears on Better Financials for Manufacturing

Manufacturing involves a complex network of materials, labor, sales, distribution and more. Managing your financials for profitability requires a keen understanding of costs, inventory, overhead and more. In today's episode Tony Spina delivers a powerful masterclass in managing financials in manufacturing, including the dangers of overstating inventory, the importance of margins, and why you should shift focus from where you get your most revenue to where you're getting your most profit.Create The Next is delivered to you from ProCFO Partners. Every week, we explore strategies and ideas for financial management and growth to help today’s businesses put their financial picture in context. ProCFO Partners are expert financial officers networked across industries, verticals, specializations and situations. Fulfilling the role of a part-time CFO with all-time commitment, ProCFO Partners utilizes the innovative and exclusive FGC Financial Flywheel as a framework that creates momentum to drive your financial functions for sustainable success. Visit procfopartners.com to explore how we can implement a systematic and scalable financial system to help you achieve your goal.