The CFO Report 42. How to Explain: The Balance Sheet
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The Balance Sheet can be a big source of confusion for your fractional CFO clients.
And spending time on CFO calls explaining to them what “long term liabilities” are for the 5th time isn’t the best use of your time.
The trick is explaining the Balance Sheet to them in terms that they can understand.
👉 In this episode, I'm going to show you how I explain The Balance Sheet to our CFO clients. I drop in some great examples and metaphors to make the Balance Sheet relatable and understandable for entrepreneurs that aren’t super financially savvy.
If you found this episode helpful, you might also want to check out the episode where I break down the P&L!
How to Explain: The Profit & Loss
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