• #12 - Steps 5 & 6 of The Financial Operating System: Managing Your Business

  • Dec 5 2023
  • Length: 38 mins
  • Podcast

#12 - Steps 5 & 6 of The Financial Operating System: Managing Your Business

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  • Summary

  • After developing a great set of financial goals and operating metrics, the next part of running a healthy business is having strong systems and processes in place to manage the business toward achieving those targets.

    This episode introduces Step 5 of The Financial Operating System: Manage the Business, and Step 6: Learn, Iterate, and Improve. If you want to learn some ways to help your business follow through and achieve the targets you set, then this edpisode is for you.

    This episode includes:

    • Frameworks to monitor and manage progress toward goals
    • Essentials of an annual forecast
    • Tactics to achieve metrics that require improving financial performance
    • Avoiding pitfalls of delegation vs abdication
    • Financial management as a looping cycle of learning, iteration and improvement
    • Questions to use to re-assess your accounting and finance function


    Sponsored by SmartBooks. To schedule a free consultation, visit smartbooks.com.

    Thanks for listening!

    Host Cal Wilder can be reached at:
    cal@empoweringhealthybusiness.com
    https://www.linkedin.com/in/calvinwilder/


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