The CFO Report 143. My EXACT CFO Report for 2025 (what we sell to clients)
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Dec 3, 2024 Dive into the world of CFO reports, highlighting the critical role of monthly cash flow reviews in driving business success. Explore how setting clear boundaries in advisory roles can enhance the fractional CFO experience. Understand why cash flow mastery is vital for maintaining financial health, especially post-pandemic. Learn practical strategies for engaging clients in meaningful discussions about key financial metrics, empowering them to make informed decisions. This is a treasure trove of insights for aspiring and established fractional CFOs alike!
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Critical Four Review
- Start CFO reports by reviewing 13 months of the "critical four": revenue, gross profit, net profit, and cash.
- Use graphs to show trends, and discuss any anomalies with clients.
Strategic Focus in CFO Calls
- Focus on high-level strategic discussions during CFO calls, avoiding detailed transactional items.
- Separate bookkeeping/accounting discussions from strategic advisory calls to maintain a strategic partner image.
Importance of Cash Flow Statement
- Regularly review the balance sheet and statement of cash flows with clients, as they offer crucial insights.
- The statement of cash flows, often neglected, provides a true picture of a business's financial health.