Explore every episode of the podcast The CFO Report
Dive into the complete episode list for The CFO Report. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.
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Title
Pub. Date
Duration
143. My EXACT CFO Report for 2025 (what we sell to clients)
03 Dec 2024
00:14:20
📌 Links referenced: The CFO Accelerator LIVE Conference go here: https://www.thecfoaccelerator.com/offers/uFgSd2B9
👉 Want a community of other Fractional CFOs to help you scale? Go here: https://www.thecfoaccelerator.com/innercircle?utm_source=YT
👉 Want free, actionable insights to start or scale your firm? Check out my newsletter here: https://www.thecfoaccelerator.com/5mfcfo?utm_source=YT
If you’re new to the podcast, my name is Michael King. I’ve been building and managing my Fractional CFO firm, KFE Solutions, since 2016. I’ve also coached hundreds of other Fractional CFO firm owners to help them start and scale their firms as well. Today, I share the lessons I’ve learned over the past 8+ years to help others build their firms and have an outsized impact on their clients. Huge shout out to our sponsors who help us to put out this content:
1) Need someone you can trust to handle bookkeeping for your clients? Check out Decimal: https://www.decimal.com/lp/cfo-accelerator?utm_source=CFOAccelerator&utm_medium=Referral&utm_campaign=Partnership&utm_content=&utm_term= 2) Want to save 40 hours/month+ on creating reports for your CFO clients? Check out G-Accon: https://cfo.thecfoaccelerator.com/accon
142. Three Lessons EVERY New Fractional CFO Needs to Hear
If you’re new to the podcast, my name is Michael King. I’ve been building and managing my Fractional CFO firm, KFE Solutions, since 2016. I’ve also coached hundreds of other Fractional CFO firm owners to help them start and scale their firms as well. Today, I share the lessons I’ve learned over the past 8+ years to help others build their firms and have an outsized impact for their clients.
Huge shout out to our sponsors who help us to put out this content:
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent nearly a decade scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that Fractional CFOs can have for their clients, their families, and themselves.
Now, I help other Fractional CFOs learn how to scale their firms and maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
43. What To Do When Your CFO Clients' Books are WRECKED
13 Dec 2022
00:07:35
Join me at The CFO Accelerator Live in Dallas, TX, May 15-17, 2024.
This is our conference that is exclusively for Fractional and Virtual CFOs!
A new CFO client with bad books is a COMPLETE nightmare situation. And it happens more often than we’d like to think. But what should a virtual CFO do when they find themselves in a spot with a dumpster fire accounting situation?
In this episode, we talk with one of our CFO Mastermind members about how to approach bad books and turn it into a huge win for the CFO!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
The Balance Sheet can be a big source of confusion for your fractional CFO clients.
And spending time on CFO calls explaining to them what “long term liabilities” are for the 5th time isn’t the best use of your time.
The trick is explaining the Balance Sheet to them in terms that they can understand.
👉 In this episode, I'm going to show you how I explain The Balance Sheet to our CFO clients. I drop in some great examples and metaphors to make the Balance Sheet relatable and understandable for entrepreneurs that aren’t super financially savvy.
If you found this episode helpful, you might also want to check out the episode where I break down the P&L!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
🔥 JOIN US AT THE CFO ACCELERATOR LIVE 🔥 The FIRST EVER Conference Held Exclusively for Fractional CFOs!
‼ PRICE INCREASE COMING SOON ‼
I'm excited to announce The CFO Accelerator LIVE! May 16-18, 2023 at the Hyatt Regency in Dallas, TX
What is The CFO Accelerator LIVE?
You’ll master the three critical skills of the successful fractional CFO: CFO Technical Skills CFO Leadership Skills And CEO Skills
Learn the 7 game-changing frameworks that will ignite your firm's growth and maximize your impact on clients.
After these 3 transformational days, you'll leave The CFO Accelerator Live with a newfound confidence in your services, a streamlined growth plan, and the tools you need to break through any obstacle and reach new heights of success.
👉 Go to https://www.thecfoacceleratorlive.com and grab your seat now!
‼ PRICE INCREASE COMING SOON ‼
Accountant:
Hi, I'm Michael King. I'm the CEO of a top-rated fractional CFO firm, KFE Solutions. While growing KFE, I noticed so many other firms struggling to make real money. There was no one out there talking about how to grow a firm the right way! That's why I created The CFO Accelerator. I wanted to share my knowledge and expertise to help other firms move from transactional to transformational! The Connected Accountant is built specifically for accountants and fractional CFOs that are looking to start, scale, or optimize their advisory services.
Cash Flow Forecasting is fundamental to fractional CFO and virtual CFO services!
In this episode, my team and I answer 3 questions asked by our community about Cash Flow Forecasting.
👉 How complex does the Chart of Accounts need to be in order to produce a meaningful cash flow forecast?
👉 What should you do if your clients make big spending decisions without letting you know (thus making your cash flow forecast completely obsolete and meaningless!)?
👉 How can you reduce the amount of time it takes to generate a cash flow forecast?
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
39. Why I Quit Drinking: 5 Reasons
15 Nov 2022
00:12:58
Join me at The CFO Accelerator Live in Dallas, TX, May 15-17, 2024.
This is our conference that is exclusively for Fractional and Virtual CFOs!
More energy. Better relationships. Better attitude. Better business.
How'd I do it?
Three years ago today, I stopped drinking alcohol - and it changed everything for me.
In this episode, I walk through the benefits I've enjoyed as a result of quitting alcohol - along with 1 unexpected downside!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Your fractional CFO or virtual CFO firm needs a strategy!
👉 How much should you charge?
👉 What services should you offer?
👉 What do you need to focus on RIGHT NOW?
But no one ever talks about HOW to set a strategy for your firm. This is part 3 of a 3-part series where I'm talking all things CFO Strategy.
In this part, I explain how I set quarterly priorities and monthly goals for my firm so that I know I'm working on the right things at the right time.
In part 1, I shared with you how I set personal goals and use them to inform the goals for my firm. I HIGHLY encourage you to check out part 1 before watching this video.
In part 2, I walked you through my 7-step framework for setting financial goals for my firm. I'll include how I make pricing decisions, determine how many clients I can serve, and how many clients I need.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Your fractional CFO or virtual CFO firm needs a strategy!
👉 How much should you charge?
👉 What services should you offer?
👉 What do you need to focus on RIGHT NOW?
But no one ever talks about HOW to set a strategy for your firm.
This is part, I'll walk you through my 7-step framework for setting financial goals for my firm. I'll include how I make pricing decisions, determine how many clients I can serve, and how many clients I need.
In part 1, I shared with you how I set personal goals and use them to inform the goals for my firm. I HIGHLY encourage you to check out part 1 before watching this video.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Your fractional CFO or virtual CFO firm needs a strategy!
👉 How much should you charge?
👉 What services should you offer?
👉 What do you need to focus on RIGHT NOW?
But no one ever talks about HOW to set a strategy for your firm. This is part 1 of a 3-part series where I'm talking all things CFO Strategy.
In this part, I'm going to share with you how I set personal goals and use them to inform the goals for my firm.
In part 2, I'll walk you through my 7-step framework for setting financial goals for my firm. I'll include how I make pricing decisions, determine how many clients I can serve, and how many clients I need.
In part 3, I'll explain how I set quarterly priorities and monthly goals for my firm so that I know I'm working on the right things at the right time.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Are you serious about taking your firm to multiple 6 figures or 7 figures in 2023?
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Do fractional CFOs have to offer tax strategies in order to grow in 2022 and 2023?
More and more clients are asking for it - but is it the right move for you?
In this episode, I have a conversation with one of my coaching clients about offering tax strategies.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent nearly a decade scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that Fractional CFOs can have for their clients, their families, and themselves.
Now, I help other Fractional CFOs learn how to scale their firms and maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
33. Did I Just Lose an $84k Client?
04 Oct 2022
00:06:39
Join me at The CFO Accelerator Live in Dallas, TX, May 15-17, 2024.
This is our conference that is exclusively for Fractional and Virtual CFOs!
• I used to raise my prices from $500/month to $5000/month • I've taught to 100+ other firm owners who have used it to raise their prices by thousands of dollars a month.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
I thought I knew what success was and I thought I had achieved it - until one day I realized that I hadn't achieved anything AT ALL.
That day was the beginning of my journey to finding my WHY and redefining how I view SUCCESS.
In this episode, I share some of the painful truths of my journey along with the 4 big lessons I learned along the way.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Your monthly or quarterly CFO calls with clients have to stay strategic!
But what about:
👉 Urgent issues?
👉 Tactical questions?
👉 Topics that need to be addressed in between monthly calls?
That's where the CFO check-in call comes in!
In this episode, we walk one of our TCA PRO members through CFO check-in call best practices.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
"What should I do about (question/problem/situation)"?
It can be SO annoying because you spend all of this time and money on hiring great people - but then they're constantly asking you how you want them to handle things.
Why can't they just figure it out on their own!?!
The harsh truth is that it's probably your fault.
Yikes.
In this episode, I walk you through a game-changing leadership mental model that will empower your team to take more initiative.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Are you already offering advisory services and now you're curious how to go from forecasts and projections to helping your clients achieve their goals and dreams?
In this coaching session, one of my clients asks how to take her CFO services to the next level.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
As accountants and fractional CFOs, we pride ourselves on excellence - so negative feedback tends to hit us even harder.
But here's a hot take: Over the last 6+ years of running a firm, I've learned that negative feedback can actually be a HUGE advantage - if you handle it the right way.
In this episode, I share my 4 step process for handling and responding to negative feedback so you can get the most value from a bad situation!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
It's so frustrating when our CFO clients won't do the things we advise!
We show them the numbers. We give them the answers.
And then nothing.
Any time I'm faced with a client not taking action, I run through The Human Action Model.
In this TCA PRO group coaching call replay, I walk through the human action model and describe how to apply it to CFO clients.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
A lot of firm owners think they need to drop their prices as we head into a potential recession.
The truth is, pricing isn't what's holding you back right now.
It's risk.
People are just more cautious right now - and understandably so!
The best way to overcome that perceived risk is by offering a money-back guarantee on your services.
Here's how to do it and why it's a great motivator for your team.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
One of the fastest ways to kill growth in your firm is by adding additional layers of complexity.
The thing is, sometimes that complexity feels necessary. But it rarely is.
Complexity actually robs us of the opportunity to fulfill our mission, scale our firms, and maximize our impact.
Today, I'm going to share with you: • The 4 most common areas where people add unnecessary complexity in their firms • What to focus on instead of complexity
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
There is so much technology out there for fractional CFO firms and accounting firms!
Some of the tech is absolutely amazing! (Hello, G-Accon and Canva) ...while other tech doesn't quite deliver on the hype.
Today, I'm sharing my firm's absolute favorite, must-have tech!
And be sure to let me know your can't-live-without-tech in the comments section!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent nearly a decade scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that Fractional CFOs can have for their clients, their families, and themselves.
Now, I help other Fractional CFOs learn how to scale their firms and maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
23. The Importance of In-Person Meetings for Virtual Teams
26 Jul 2022
00:14:22
Join me at The CFO Accelerator Live in Dallas, TX, May 15-17, 2024.
This is our conference that is exclusively for Fractional and Virtual CFOs!
As a firm owner, one of the most impactful things you can do to build a healthy team is to have periodic in person meetings.
For me, in person meetings have resulted in: • More buy-in • Increased trust • Better collaboration • Multiple 6-figure idea creation
In this episode, I share some of the benefits I've found from in person meetings along with some tips for how to maximize the ROI your firm can get from the investment.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Fractional / Virtual CFOs, Bookkeepers, and Accountants: there's an epidemic that's polluting our industries:
👉 It's accounting and bookkeeping work being disguised as CFO work.
In this episode, I cover why this is such a problem and what we can all do to solve it.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Hiring hot take: It's hard to get great talent today.
What can you do to attract the best talent while not wasting a ton of time on the 4000 pretenders that apply for your positions?
In this episode, I'm going to share 4 game changing hiring hacks that will answer both of these questions.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
As the owner of a virtual CFO firm or accounting firm, you'll realize quickly that you need some help if you want to grow.
But who should you hire FIRST? • A bookkeeper? • A financial analyst? • Another fractional CFO?
In this episode, I explain why hiring an assistant should be your first hire. Plus I explain how an assistant will help maximize the value of your technical hires.
Your World-Class Assistant by Michael Hyatt https://yourworldclassassistant.com/
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
As a CEO of a firm, you not only need to understand the difference between the two... But you also need to know the right time to lean into each.
In this episode, I explain the difference between leadership and management and explain when you should fill each role.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
🔥 If you're serious about starting or scaling CFO services in your firm, you should check out The CFO Academy 🔥
The CFO Academy is built on the 7 playbooks I used to scale my firm over the past 6 years. These are the playbooks that would have saved me years and hundreds of thousands of dollars in lost profits.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Accountants: Are you ready to start offering CFO services?
⚠️WARNING: IT MIGHT NOT BE RIGHT FOR YOU ⚠️
If you've been thinking about kicking off CFO or advisory services in your firm, this series is an ABSOLUTE MUST!
This is Part 3 of a 4 part series where I break down all things virtual/fractional/outsourced CFO services.
Is offering CFO services all that it's cracked up to be? Or is it just hype?
In this episode, I share the pros AND cons of offering CFO services.
🔥 If you're serious about starting or scaling CFO services in your firm, you should check out The CFO Academy 🔥
The CFO Academy is built on the 7 playbooks I used to scale my firm over the past 6 years. These are the playbooks that would have saved me years and hundreds of thousands of dollars in lost profits.
Go to www.thecfoacademy.com to learn more!
🔥 JOIN US AT THE CFO ACCELERATOR LIVE 🔥 The FIRST EVER Conference Held Exclusively for Fractional CFOs!
‼ PRICE INCREASE COMING SOON ‼
I'm excited to announce The CFO Accelerator LIVE! May 16-18, 2023 at the Hyatt Regency in Dallas, TX
What is The CFO Accelerator LIVE?
You’ll master the three critical skills of the successful fractional CFO: CFO Technical Skills CFO Leadership Skills And CEO Skills
Learn the 7 game-changing frameworks that will ignite your firm's growth and maximize your impact on clients.
After these 3 transformational days, you'll leave The CFO Accelerator Live with a newfound confidence in your services, a streamlined growth plan, and the tools you need to break through any obstacle and reach new heights of success.
👉 Go to https://www.thecfoacceleratorlive.com and grab your seat now!
‼ PRICE INCREASE COMING SOON ‼
Accountant:
Hi, I'm Michael King. I'm the CEO of a top-rated fractional CFO firm, KFE Solutions. While growing KFE, I noticed so many other firms struggling to make real money. There was no one out there talking about how to grow a firm the right way! That's why I created The CFO Accelerator. I wanted to share my knowledge and expertise to help other firms move from transactional to transformational! The Connected Accountant is built specifically for accountants and fractional CFOs that are looking to start, scale, or optimize their advisory services.
Accountants: Are you ready to start offering CFO services?
If you've been thinking about kicking off CFO or advisory services in your firm, this series is an ABSOLUTE MUST!
This is Part 2 of a 4 part series where I break down all things virtual/fractional/outsourced CFO services.
In this episode, I share the 4 services ALL fractional CFOs should be offering to maximize client impact while balancing scalability.
🔥 If you're serious about starting or scaling CFO services in your firm, you should check out The CFO Academy 🔥
The CFO Academy is built on the 7 playbooks I used to scale my firm over the past 7 years. These are the playbooks that would have saved me years and hundreds of thousands of dollars in lost profits.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Accountants: Are you ready to start offering CFO services?
If you've been thinking about kicking off CFO or advisory services in your firm, this series is an ABSOLUTE MUST!
This is Part 1 of a 4 part series where I break down all things virtual/fractional/outsourced CFO services.
In this episode, I explain what a virtual CFO is and how their services are different from a bookkeeper or an accountant.
🔥 If you're serious about starting or scaling CFO services in your firm, you should check out The CFO Academy 🔥
The CFO Academy is built on the 7 playbooks I used to scale my firm over the past 6 years. These are the playbooks that would have saved me years and hundreds of thousands of dollars in lost profits.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
I made a huge mistake as a leader - and I didn't even realize I was doing it.
In this episode, I'm going to share a huge lesson I learned about leadership that is GUARANTEED to help you level up your leadership game!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
130. Start Here If You're A New Fractional CFO | Masterclass
10 Sep 2024
00:32:25
A big thank you to our sponsors who keep this channel free to the viewers:
This week's video is sponsored by G-Accon. G-Accon is a live link that seamlessly connects our clients' QuickBooks Online data to our custom CFO Reports inside of Google Sheets. The result? Automated, customized CFO reports with virtually no data manual entry and no mistakes. My firm saves literally 40+ hours a month with G-Accon.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent nearly a decade scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that Fractional CFOs can have for their clients, their families, and themselves.
Now, I help other Fractional CFOs learn how to scale their firms and maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
13. How to Fire BAD Clients
17 May 2022
00:12:14
Join me at The CFO Accelerator Live in Dallas, TX, May 15-17, 2024.
This is our conference that is exclusively for Fractional and Virtual CFOs!
But the thought of actually FIRING them can be terrifying!
In this episode, I share my 5 step framework for firing bad clients, and doing it in a way that drastically reduces drama and anxiety.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
I needed some pro tips on time management and prioritizing my time.
My coach suggested that I start by writing my own obituary.
My only regret: I wish I had done it years ago.
It forced me to reflect on the kind of life that I want to live, the legacy I want to leave, and ultimately how I need to shape my fractional CFO firm so that it aligns with those goals!
This is a MUST LISTEN if you want help making sure your firm is helping you build the kind of life that you had in mind when you started!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Accountants, Bookkeepers, CFOs: Do you struggle to STAY FOCUSED during the work day?
I do.
That's why this tool has been an absolute GAME CHANGER for me and my firm. It allows me to stay productive, longer which means I get more done without working longer hours. 10/10 recommend.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
I don't belong here. I'm not far enough along. I don't have enough experience.
Even after 6+ years in business, I still suffer from imposter syndrome.
But over the years, I've found some ways to take action DESPITE those voices and so today, I want to share a handful of those lessons with you!
If you're a bookkeeper, accountant, or Virtual CFO (fractional CFO) that gets inside your own head from time to time, THIS IS FOR YOU!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
If you want to amaze your new clients then you've go to NAIL the onboarding process! It is absolutely CRITICAL for starting off on the right foot with new bookkeeping, accounting, or virtual CFO (fractional CFO) clients!
A good onboarding experience will set the tone for the value you add, healthy boundaries, and what good communications look like.
In this podcast, I'm sharing my FIVE BEST PRACTICES for creating a world class onboarding experience for your clients.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
If you run a financial services firm, you should absolutely listen to this!
My firm just turned 6 years old (www.kfesolutions.com) and I'm breaking down the most impactful lessons learned and biggest mistakes I've made along the way!
All of these lessons are applicable to bookkeepers, accountants, and CFOs.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
I waited WAY too long to get processes documented in my CFO firm and it cost my team and I a ton of time, money, and frustration.
One of the biggest challenges I had was knowing WHICH PROCESSES to document.
I mean, we do hundreds of things a day.
In this episode, I'm breaking down the TOP SIX processes and procedures that changed the game for my firm.
They've saved me time, money, and my team is SO thankful for it.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
At some point in your business, you will most likely have to fire a client.
I know this isn't fun, but it's part of running a business. I've been in business for 6 years and I've had to fire many clients. There was actually a point in my business where I had to fire all my clients. How do you know when you should fire a client though? And what are the signs you should look out for?
In this episode, I'll be sharing 3 big indicators that tell me it's time to consider firing a client. This advice can help anyone with a business, but it's specifically for accountants, bookkeepers, and fractional CFOs.
🔥 JOIN US AT THE CFO ACCELERATOR LIVE 🔥 The FIRST EVER Conference Held Exclusively for Fractional CFOs!
‼ PRICE INCREASE COMING SOON ‼
I'm excited to announce The CFO Accelerator LIVE! May 16-18, 2023 at the Hyatt Regency in Dallas, TX
What is The CFO Accelerator LIVE?
You’ll master the three critical skills of the successful fractional CFO: CFO Technical Skills CFO Leadership Skills And CEO Skills
Learn the 7 game-changing frameworks that will ignite your firm's growth and maximize your impact on clients.
After these 3 transformational days, you'll leave The CFO Accelerator Live with a newfound confidence in your services, a streamlined growth plan, and the tools you need to break through any obstacle and reach new heights of success.
👉 Go to https://www.thecfoacceleratorlive.com and grab your seat now!
‼ PRICE INCREASE COMING SOON ‼
Accountant:
Hi, I'm Michael King. I'm the CEO of a top-rated fractional CFO firm, KFE Solutions. While growing KFE, I noticed so many other firms struggling to make real money. There was no one out there talking about how to grow a firm the right way! That's why I created The CFO Accelerator. I wanted to share my knowledge and expertise to help other firms move from transactional to transformational! The Connected Accountant is built specifically for accountants and fractional CFOs that are looking to start, scale, or optimize their advisory services.
My pricing model has changed a lot from when I first started my fractional CFO firm.
In the beginning, I priced my services on an hourly basis - which was not great because of price shopping and constant comparison shopping. Not only that, but my income was unpredictable, which is not ideal in business. Over time, I changed to a MRR (monthly recurring revenue) pricing model which has worked great for my business.
In this episode, I'll be sharing some mistakes I made with previous pricing models and how I transitioned to MRR. If you're an accountant, bookkeeper, or fractional CFO who needs pricing guidance, this video is for you.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
We all deserve a roster full of clients that you are THRILLED to wake up and serve every day!
But I've learned that if you aren't intentional about how you select clients, you might end up with less than ideal clients (we've all had at least one of these, am I right?).
In this week's episode, I share the 3 step process my firm goes through to help ensure that we get clients we're passionate about serving!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent nearly a decade scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that Fractional CFOs can have for their clients, their families, and themselves.
Now, I help other Fractional CFOs learn how to scale their firms and maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
2. Growth Means More Than Increasing Revenue
08 Mar 2022
00:08:14
Join me at The CFO Accelerator Live in Dallas, TX, May 15-17, 2024.
This is our conference that is exclusively for Fractional and Virtual CFOs!
As financial types, we tend to put a lot of pressure on ourselves to increase our top line, bottom line, or cash flows at some rate or we feel like we're not growing fast enough.
But it's important to remember that not all growth in business is found on financial statements.
In this week's episode, I'm redefining what it means to grow in business.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
In this week's episode, I share the top 3 indicators that it's time to raise prices for new clients. This is perfect for new firm owners and for firm owners who have been in the game for a while.
These indicators will help take the guesswork out of knowing when it's the right time - and when you should probably hold back.
I also share my top tip for how to approach price increases. If you're super anxious about "if I raise my prices and I get no new business, then I'm done for!", then is episode is just for you!
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀
Building a bookkeeping, accounting, or fractional CFO firm is HARD!
Especially if you want to make great money, serve great clients, and NOT work 80+ hours a week (like you probably did back in corporate America).
After almost COMPLETELY burning out several years ago, I started the process of completely rebuilding my business - this time on my terms.
Each week, I'm going to share the wins, the losses, the mistakes, and the lessons I've learned from the trenches of building the CFO firm of my dreams.
My hope is that you will be able to apply these lessons so that you can build the firm of YOUR dreams.
CHECK OUT MY FREE WEEKLY NEWSLETTER - 😀 The 5 Minute Fractional CFO - Every week I share 1 actionable tip to help you start, scale, and optimize your CFO services (and you can read it in 5 minutes or less!) - https://cfo.thecfoaccelerator.com/newsletter
WHO AM I? I'm Michael King. A nuclear engineer turned Fractional CFO. I've spent the last 7+ years scaling my Fractional CFO firm, KFE Solutions. During that time, I've realized the enormous impact that fractional CFOs can have for their clients, their families, and themselves. Now, I help other fractional CFOs learn how to maximize their own impact!
PS - Some of the links in this description are affiliate links that I get kickbacks from 😀