Financial Mastery for Growth: Jody Grunden on Cash Flow and KPIs in Service-Based Businesses

In this insightful episode of our podcast, we're excited to host Jody Grunden, a renowned accounting visionary and co-founder of the innovative Summit CPA Group, now known as Summit Virtual CFO by Anders. With over two decades of experience, Jody brings a wealth of knowledge in financial management, particularly for service-based companies.

Join us as Jody delves into the critical aspects of financial management, including effective strategies for cash flow management, the importance of Key Performance Indicators (KPIs), and the art of forecasting in service-based businesses. This episode is a deep dive into how understanding and leveraging these financial tools can propel a business's growth and stability.

Takeaways:

• Jody's Journey: From founding Summit CPA Group to merging with Anders CPAs + Advisors and becoming a leading provider of Virtual CFO Services.
• The Financial Four: Jody discusses the four most important financial metrics for growing your business.
• Industry-Specific Metrics: Learn how to use industry metrics to foster growth and become a thought leader in your field.
• Virtual CFO Services: Exploring the benefits and processes of managing finances remotely for service-based companies.
• KPIs and Cash Flow: Jody shares insights on tracking key metrics for maintaining a healthy financial pipeline.
• Building a Successful Remote Team: Jody talks about cultivating a strong culture within a distributed team and the impacts on business success.
• Future-Focused Forecasting: How forecasting can play a pivotal role in business strategy and decision-making.

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