Wealth & Worth Within, LLC

Moving to a Salary Model? Here’s How to Make it Work Financially. Is your practice ready for the shift to a salary-based model? Join me and Katie K. May on Friday, December 13th at 12 PM EST as we cover the why and how of moving to salary! Katie will be sharing her insights on how to structure salaries and bonuses to keep your team motivated and invested in the long haul, while I’ll dive into the financial metrics you need to ensure this approach is both sustainable and profitable. Don’t miss out on these actionable steps! Register here: https://buff.ly/4erjLKe . . . . #SalaryTransition #GroupPractice #Profitability #FinancialClarity #Webinar #ScalingSuccess #TeamRetention #WealthAndWorthWithin

Emotions can cloud judgment, but numbers don't lie. As a CFO, I've learned the importance of taking emotion out of financial decisions and focusing on the data. This can be hard to do in a silo, but we can still benefit from taking an objective approach. Here's why: 1. Objectivity: Emotions can lead to biases and irrational decisions. By focusing on numbers and data, we ensure objectivity in our financial assessments and strategies. 2. Accuracy: Numbers provide a clear picture of your financial health. Relying on data allows for accurate analysis and evaluation of your business's performance. 3. Predictability: Data-driven decisions are based on historical trends and future projections, providing a more reliable basis for predicting outcomes and planning for the future. 4. Risk Management: By analyzing financial data, we can identify potential risks and vulnerabilities in advance, allowing us to take proactive measures to mitigate them. 5. Efficiency: Data-driven decision-making streamlines the decision-making process. With clear metrics and benchmarks, we can make informed choices more efficiently. 6. Accountability: Numbers hold us accountable. They provide a measurable way to track progress and hold ourselves and our teams accountable for results. Have you learned to take emotion out of your financial decisions or is it something you’re still working on? It can be very difficult to do on your own and that is why we provide professional guidance and advice on how to best utilize your data to make better business financial decisions. . . . . . . #DataDriven #FinancialStrategy #FractionalCFO #WealthAndWorthWithin #YourMoneyTeam

Not all CFOs are the same! You need a CFO with experience in your industry, someone who can bring a fresh perspective and ask the tough questions that push you to explore new avenues. Whether you're scaling quickly, need strategic insight, or just want more financial clarity, the right CFO can make all the difference. Watch to learn which type of financial leadership your business needs to thrive! ???? #CFOInsight #BusinessFinance #FractionalCFO #FinancialLeadership #WealthWorthWithin #YourMoneyTeam

Thinking about raising your prices? ???? It's probably about time. But before you do, here are 3 things to consider as you rethink your pricing structure:: ? Communicate ahead of time: Ensure your clients understand the value you deliver. If the perceived value isn’t there, you may lose some clients. ? Evaluate the impact: Even if you lose 20% of your clients, the increased revenue from the remaining 80% can make up the difference, often putting you ahead. ? Refine your client base: Use this opportunity to reassess and focus on clients who are the right fit for your business. This can help increase revenue and grow your profits. For more personalized advice, don't hesitate to book a FREE consultation with us! https://buff.ly/3S7jxQ9 . . . . #BusinessGrowth #PricingStrategy #InflationImpact #ClientCommunication #RevenueGrowth #BusinessTips #EntrepreneurLife #SmartBusiness #WealthWorthWithin #CFO

**Stop Chasing Vanity Metrics: Focus on What Really Matters** Many companies are pushing hard to grow, trying all sorts of strategies to hit their goals. But often, they’re chasing the wrong targets. They focus on top-line revenue, ignoring the critical factors like margins and profitability. Here’s the truth: If your margins aren’t healthy, growing your revenue could actually hurt your business more than help. You could end up making double the revenue but half the profit—simply because your costs have overloaded and your margins aren’t right. Focus on stable growth. Invest back into the business while ensuring you're taking out what you need.?? Prioritize profitability over vanity metrics! . . . . #Profitability #BusinessGrowth #MarginsMatter #FinancialStrategy #CFOInsight

?? Sustainable growth means more than just expansion—it's about staying profitable while you grow. Here's how: 1?? Focus on Profitability: Prioritize profitability over sheer revenue growth. Ensure that each new endeavor contributes positively to your bottom line. Focus on gross margins and profit percentages are your guiding principles. 2?? Efficient Resource Allocation: Allocate resources wisely to maximize efficiency and minimize waste. Invest in areas that drive the most value for your business. Re-evaluate often and make changes as needed. 3?? Continuous Improvement: Embrace a culture of continuous improvement. Regularly review and optimize processes to increase productivity and profitability. 4?? Customer-Centric Approach: Put your customers first. Understand their needs and preferences to deliver value-added products and services that drive repeat business. 5?? Financial Planning: Develop a robust financial plan that accounts for both short-term objectives and long-term sustainability. Monitor key metrics and adjust strategies as needed. As your Fractional CFO, I can help you implement these strategies and ensure sustainable growth for your business. Let's build a roadmap to lasting success together! ???? . . . . . #SustainableGrowth #Profitability #FractionalCFO #BusinessSuccess #WealthAndWorthWithin #YourMoneyTeam

?? Overwhelmed by keeping your books up to date? Falling behind on your financials can create unnecessary stress, and I hear from so many business owners that they simply don't have the time or resources to manage it all. Let us take bookkeeping off your plate so you can focus on what you do best—growing your business! ?? Visit our website today to learn more and request a quote: https://lnkd.in/gTvhXGCU #BookkeepingHelp #FinancialClarity #BusinessGrowth #WealthAndWorthWithin #BookkeepingExperts #YourMoneyMatters

Hey there! I was recently diving into my numbers (yes, even CFOs, need to practice what they preach!) and realized I wasn't allocating enough funds to training, development, and marketing. As our business grows, it’s crucial to adjust spending to match that growth. Investing in marketing and personal development is essential for self development and attracting new client leads. I saw I was falling behind and took action to correct it. This is the kind of strategic planning we help our clients with—ensuring you're not over or under-investing based on your business stage. Seeking opportunity areas to capture existing or new value for the business. If you haven't assessed your financial allocations and goals recently, now's the time! Want to see how this can work for you? Book a call with us and let’s get your business on the path to growth! . . . . #BusinessGrowth #InvestmentStrategy #Marketing #Training #Development #FinancialPlanning #BusinessSuccess

Ready to Build a Stronger, More Sustainable Practice? Join Us! Transitioning to a salary-based model can be a game-changer for group practices looking to scale effectively and attract top talent. That’s why I’m thrilled to partner with Katie K. May of Stabilize and Scale for this webinar on Friday, December 13th at 12 PM EST! Katie will share her expertise on salary structuring and retention-focused bonuses, and I’ll walk you through the key financials to ensure this shift sets your practice up for sustainable growth. Let’s make your practice more stable and scalable—together! ?? Save your seat here: https://buff.ly/4erjLKe . . . . #PracticeGrowth #CFOservices #BusinessStrategy #SalaryModel #Webinar #WealthAndWorthWithin #ScalingWithPurpose

Why are you, as a business leader, struggling to get a handle on _______? You can fill in the blank with your specific issue. Maybe it’s capacity, or compensation, or margins. (I talk about capacity in this video.) And while you think you know the answer? Trust me, it may not be what you’re thinking. You need to look at the root cause. Sometimes, the obvious problems are just symptoms of deeper underlying issues. By taking a closer look, we can uncover the real obstacles hindering your business's profit and growth. Let's dive in and discover what's truly going on! ??? #RootCauseAnalysis #BusinessGrowth #FractionalCFO #WealthWorthWithin #YourMoneyTeam