Mini Episode: What an Elite Finance Team Can Do For Your Brand
Description
Episode Summary
In this mini episode of the Free to Grow CFO Podcast, Jon Blair discusses the essential functions of a finance team for DTC brands, emphasizing the importance of providing value in the scaling journey. He outlines the key monthly processes that finance teams should implement, including a 15-day close, monthly financial reviews, and strategic meetings with the CFO to ensure informed decision-making and risk management.
Key Takeaways:
-Your finance team should be providing value and helping you make confident, quality decisions.
-Scaling is a series of risk-adjusted bets.
-You should have a monthly financial strategy meeting with your CFO.
Episode Links
Jon Blair - https://www.linkedin.com/in/jonathon-albert-blair/
Free to Grow CFO - https://freetogrowcfo.com/
Transcript
00:00 The Role of Finance in DTC Brands
01:53 Monthly Financial Processes for Success
05:42 Strategic Financial Meetings and Decision Making
United States
