Strategy & Planning for 2025!??
New Life CFO Services, LLC
Breathing new life into your plans, processes and profits through operational CFO expertise.
Merry Christmas & Happy New Year! Here’s a collection of our very favorite topics to close out 2024! What a year it's been! We've selected these to help you get new life out of your plans, processes, and profits.
We hope you enjoy them, and as always, if you ever need immediate financial advice, please reach out!?
Why Your Business Needs A Strategic CFO
The CFO University recently posted an amazing article about why having a strategic CFO is so important.
"This Future of Finance Leadership edition summarizes the key points from one of our most popular CFO Talks, The CEO/CFO Relationship. I interviewed a seasoned CEO for his perspective on the CFO’s role and what makes a successful CFO/CEO relationship.."
Harnessing a KPI and Metrics Dashboard with New Life CFO’s Fractional Expertise
Data-driven decision-making is a necessity for businesses if they intend to grow and remain competitive. A Key Performance Indicators (KPI) and metrics dashboard can provide your business with the tools you need to track performance, identify trends, and make informed decisions. However, these dashboards can quickly become unwieldy and creating and effectively utilizing them can be challenging without the right expertise. That’s where a fractional CFO comes in. A fractional CFO can provide the strategic insights, data analysis skills, and technical expertise needed to develop and leverage KPI and metrics dashboards for maximum impact.
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Turn Your Budgeting Upside Down to Increase Profitability
We recently posted an article to our website about how turning your budget upside down can increase your profitability. It’ll allow you to get rid of the unnecessary rework that’s going on within your business and allow you to grow without adding nearly as many costs.
"Have you done your benchmarking studies to determine how you’re really performing relative to average? Perhaps you started to ask your team some really hard questions about where and why you need to change your business.?
One of the most useful things that I have found in doing the next step is really to turn your budgeting process upside down, and by that I mean turning your income statement upside down.."
Are your dreams for your business being realized? Are you doing what you love, or what you have to do?
At New Life CFO, we focus on growing your business — so that you can focus on your core aspirations.
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