Mastering Cash Flow Forecasting: The Key to Successful Fractional CFO Services

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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?
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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!
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[@tikon6586]

This was a great video. I had my second CFO call today, and the client was totally disengaged. I thought I explained everything properly, talked about cash flow projection, how it’s going to help the business growth decision making. But they were still confused as to the difference of accounting/bookkeeping vs fractional CFO services

[@richelletvforyou8324]

Such great advice on having client consult with you rather than/before reporting. Love this channel!

[@TheCFOreport]

Thanks Richelle! Are you in the fractional cfo space?

[@lunamorris2091]

Great video! Some key points were highlighted that I hadn't heard anyone else discuss. Thank you!

[@TheCFOreport]

Glad you enjoyed it!

[@albertonunez9431]

Good info