Landslide in Your Ego
This blog was inspired by a U2 lyric.*
You’re a reluctant CFO.
Every month, you cringe as you open up QuickBooks.
You do what you can—input numbers here and spreadsheets there.
While you can keep track of employee utilization and your business’s cash forecast…it doesn’t take much for your confidence to take a hit.
That’s because you’re not a CFO.
You can’t start a landslide in your ego.
Build an expert support team that can guide you or take something off your plate when you need it.
Build it with people you are comfortable enough with to talk through your process with while also taking their feedback.
For Bright Orange Thread’s financials, this meant me finding and working with the right fractional CFO and the right bookkeeper.
- My CFO helped me set up the tools I use, such as utilization and cash forecasting.
- My bookkeeper has a controller-like understanding of the business and warns me from time to time about changes in expenses and revenue.
They have my back and stop my business from sliding into financial disaster.
If you want some advice on how to keep your CEO ego out of the way of what’s best for your business, let's chat.
Send me an email, and we’ll set up a time.