#12 - Steps 5 & 6 of The Financial Operating System: Managing Your Business
Empowering Healthy Business: The Podcast for Small Business Owners · 2023-12-05 · 38 min
Episode notes
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 Send us Fan Mail Thanks for listening! Host Cal Wilder can be reached at: cal@empoweringhealthybusiness.com