Accounting, Part 3: Moving from Data Entry to Analysis & Insights
What if instead of a day-to-day annoyance, accounting and finance became a story that helped you make decisions and drive the growth of your consulting startup?
You can move your accounting focus from keeping up with basic data entry to analysis & insights that reveal weaknesses, strengths, and opportunities in your business.
With the help of a CFO, you can:
- Chart your financial model, metrics, and key performance indicators (KPIs)
- Develop forecasts
- Educate on and implement compliance measures
- Create contingency plans
- Keep a close eye on cash flow
- And most importantly, inform your growth strategies based on data