Financial strategy in the real world means deciding how to allocate money, time, and skills to achieve well-defined objectives. Individuals and teams employ things like
Planning for uncertainty: financial strategy in a volatile market means building a plan that can handle fast shifts in trends and prices. Markets dart this
About why businesses without financial strategies stall out. Absent rules for budgets or cash flow, leaders can overlook early indicators of trouble. Teams might not
When revenue is up, but cash is tight, you’re in the classic business predicament that so many businesses encounter as they scale. High sales figures
Profitability begins with better financial visibility; after all, you can’t make smart business choices without clear figures. When you view your revenues, expenses, and comparable
There are some smart ways to boost cash flow during slow seasons, such as providing special deals, tuning spending, and exploring new avenues to market
Cash flow forecasting provides a transparent sightline into when cash enters and leaves, allowing you to identify holes and prevent cash deficits. Budgeting demonstrates what
Key Takeaways Don’t wait for a crisis to do the strategic financial work — reactive leadership is opportunity squandered and organizational self-harm in the making.
Key Takeaways By bringing on a fractional CFO, you gain access to top-tier financial expertise and advice, without the overhead and commitment of hiring a
Key Takeaways Once you recognize the different roles of a fractional CFO versus a CPA, you can match your organization’s financial leadership to its strategic
With 27 years of experience, Joel S. Smith, CPA helps business owners make sense of their finances and drive profitability. A UC Berkeley grad with a Master’s in Taxation, he’s a Certified Public Accountant (CPA) and Certified Management Accountant (CMA).
Joel has worked across industries like real estate, construction, and professional services. As a member of the CFO Project, he provides business owners with the clarity and strategy they need to grow.
