The EntreLeadership Podcast

$6 Million Business and No CFO?

Jul 15, 2024

Topics include hiring a CFO for a successful business, balancing family and work life, measuring ROI in marketing, utilizing NetSuite for business efficiency, and strategies for business growth and financial management.

52:57

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Quick takeaways

Hiring a CFO can streamline processes, enhance margins, and implement effective financial strategies.

Establishing sinking funds for equipment replacement ensures seamless growth, improved efficiency, and long-term sustainability.

Deep dives

Importance of Strategic Financial Hires for Business Growth

Business owner discusses the challenge of job costing, budget operations, and cash flow management. Despite revenue and profit growth, the need to hire a sophisticated CFO or controller is emphasized to streamline processes, enhance margins, and implement effective financial strategies.

Intro

2min

Strategies for Financial Growth and Efficiency in a $6 Million Business

4min

Streamlining Business Processes and Boosting Efficiency with NetSuite and Entre Leadership System

2min

Receiving a Business Gift and Direct Mail Marketing

6min

Balancing Business Growth and Family Relationships

4min

Balancing Work and Family

11min

Prioritizing Real Relationships Over Virtual Connections in Business and Life

4min

Success and Challenges in a Holistic Healthcare Clinic

17min

Today, we’ll hear about:

A man wondering if he should hire a CFO for his successful company
A $1 million business that could be a gift or a nightmare
Dave Ramsey sharing how he handles being a dad and a CEO
A business owner’s clients having buyer’s remorse because the program is harder than they thought

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