Effective budgeting and forecasting require balancing data-driven analysis with practical business realities, especially for emerging companies navigating uncertain economic conditions. In this episode of CFO Weekly, Travis Grundy, Senior Associate of FP&A at Adventum, joins Megan Weis to share his unique approach to creating realistic budgets and forecasts that drive business success.
Travis Grundy is a Financial Strategist and Advisor at Adventum, where he serves as a fractional CFO helping businesses optimize their financial operations. With vast experience in data-driven decision making and global program management, Travis brings a unique perspective shaped by his service in the US Army, leadership of Zharmae Books, and work across diverse industries, including healthcare and mental health services.
What You’ll Learn:
- How to build realistic budgets using a bottom-up approach that starts with unit economics
- Why socializing budgets across departments is crucial for successful implementation
- The framework for analyzing revenue targets, hiring plans, and expense management holistically
- How to use KPIs and historical data to create achievable financial projections
- Why regular monthly variance analysis and frank discussions drive budget accountability
- How to tailor budgeting approaches across different business types while maintaining core principles
Learn more about Travis:
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Previous guests include:
Tom McDermott, CFO at Career Certified,
Claire Bramley, CFO at Teradata,
Chris Miles, Founder of Money Ripples,
Ranil DeSilva, CFO & COO at CARE,
Jordan Grumet, Financial Independence Expert & Host of Earn & Invest &
William Washington, Global CFO at Baker McKenzie
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