KPIs & Mistakes you can avoid


Outsourced CFO Support that grows your business and your confidence

Hi Reader,

6 weeks until Summer Break for our family (not me specifically, but the younger people I live with).

In April, I lead a KPI Workshop for Finance Fight Club Community members and we explored how tracking the right metrics transforms business decision-making.

Struggling with your KPIS or not tracking any?

here are two tips to get you started:

  • Your KPIs must align with YOUR specific business goals, not someone else's.
  • I still stand by my controversial take that manual tracking often beats automation because "it forces you to really think about what you're doing" rather than having pretty reports nobody looks at.

Speaking of metrics that matter, our next workshop will focus on Paying your self as an owner - one of my favorite topics and presentations.

If you're not a member and want to be, Join BEFORE June 1st, We pause enrollment from June-August and will open the doors again in September.

Financial confidence isn't about knowing everything - it's about knowing enough to make good decisions for YOUR business.

-Natalie


On the blog...

7 Common Financial Mistakes and How to Avoid Them

I could sit and list things that I've done wrong as an owner running my own business all-day-long. If you've run a business for more than 5 minutes you've made a financial mistake. It happens. We're all human and money isn't an easy topic for most business owners.

Here's 7 common financial mistakes that I've seen as a CFO and some even made myself that when solved or avoided can create quick wins and more net income / EBITDA or whatever number you use to define profit 🙂 (check out our other blog on Profitability: Profitability Isn’t Real)

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Finance Fight Club

Finance is not rocket scienceSadly, it’s become this mysterious field for small business owners like yourself. And it keeps owners in the dark from making their best choices for their businesses. My love for finance started when that light bulb turned on. Finance is not bookkeeping or taxes. Finance is making good decisions, which requires good financial analysis and controls. You cannot be strategic in your business without first understanding your numbers.That’s when I decided to bring my CFO-type skills to small businesses. To help owners become leaders, by integrating numbers into their daily choices and busting the myth—that finance is rocket science. it isn’t. Ready to make choices based on data, not hunch? Ready to feel in control of your business? Ready to grow revenues & increase profits? With confidence?

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