MMT Chats: The Hidden Obstacles Holding Your Business Back (and You Don't Even Know It) Part 1

During Part 1 of this two-part MMT Chat,Tom Barr President of TK Molds & Engineering, Grady Cope President & CEO at Reata Engineeering & Machine Works and Troy Roberts, CEO of Beanstalk Collaborative Community Wealth in Denver, CO (and an AMBA as a current board member) explain:

• The main financial challenges affecting daily operations before they hired a Fractional Chief Financial Officer (CFO).
• The critical insights, strategies and expertise a Fractional CFO can provide, often filling gaps that business owners may lack.
• How to build a solid financial foundation through cash flow management, financial resource management, and strategic planning.
• How a Fractional CFO’s value add provides the company’s management team the tools and data to drive business growth and ensure financial stability.
• How a Fractional CFO can positively shape interactions with banks, lenders and the overall perception of your company – both in prosperous and challenging times.
• Personal and professional benefits of working with a Fractional CFO.

Q&A

1. Before hiring a fractional CFO, what were your main financial challenges, and how did they affect your daily operations? 
2. What were some of the key changes your fractional CFO implemented, and how did they impact your business's financial health?
3. Since working with a fractional CFO, what significant improvements have you seen in your business's financial health and overall decision-making?
   • • How has having a fractional CFO helped you navigate complex negotiations, such as contracts or dealings with distributors?
     • How has the involvement of a fractional CFO altered your relationship with banks and other financial institutions?
     • How have communications, objective setting and achievement and accountability changed within the organization with management and employees since onboarding your fractional CFO?

Then Join Us for Part 2:

What Exactly Is a Fractional CFO and How Do I Hire One?