Empowering Healthy Business: The Podcast for Small Business Owners

#12 - Steps 5 & 6 of The Financial Operating System: Managing Your Business


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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


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Host Cal Wilder can be reached at:
[email protected]
https://www.linkedin.com/in/calvinwilder/


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Empowering Healthy Business: The Podcast for Small Business OwnersBy Cal Wilder