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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.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode