Building Your Championship Team & Financial Mentors w/ Cycle CPA!
Dec 09, 2024
Today we're hearing a short excerpt from Joseph Policastro of Cycle CPA and the mastermind session in Boston, Massachusetts. Listen as Joseph talks about the importance of good bookkeeping and having a strong financial foundation to work with as you grow your company to the larger revenue levels.
In this episode, you will learn:
- The importance of having a solid bookkeeping and accounting team for your business.
- How to evaluate your current financial situation and identify areas for improvement.
- Key financial metrics to monitor, including cash flow management, balance sheets, and profit and loss statements.
- The role of a fractional CPA and CFO in helping businesses grow and manage their finances.
- Strategies for setting up effective financial reporting and benchmarking against industry standards.
- Insights on labor efficiency and overhead costs in the green industry.
- The significance of understanding your company's financial health and making informed managerial decisions.
- Tips for tax planning and decreasing tax liability legally.
- How to build a robust team to support your business growth in 2025 and beyond.
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Links Mentioned In The Episode: