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If someone put a gun to your head and asked you to explain your financials, would you be a dead man walking?
We thought so.
With the world of online work changing the game for many companies, you don’t have to do it all alone.
So you’re not a numbers person — so what!
It turns out you don’t have to be a numbers God to know when is the right time to grow and scale your small or medium-sized business.
If the idea of hiring a CFO scares the pants off of you, but you have real questions about the future of your company and its ability to scale, you’re in luck!
Rather than spending six figures a year to hire a CFO in-house, you can contact Dorothy Kolb and get the same quality service outsourced at a fraction of the price!
On the latest episode of the Inner Edison Podcast with Ed Parcaut, Dorothy spoke about how she helps Podcast Production Companies and Creative Agencies grow and scale their businesses.
Isn’t a Bookkeeper Enough?
One problem that many small and medium-sized businesses make is that they make decisions based on their bank account only.
If this sounds like you, maybe you have a bookkeeper who helps you with your financials. Although it’s a good idea to have a bookkeeper, there are some drawbacks:
- They aren’t tax specialists
- They often have no idea of how to limit your tax liabilities
- They can’t help you establish a forward-looking financial strategy
Why? Simply because bookkeepers are great with business transactions, not tax liabilities and financial management. That is where a registered CPA and a CFO come in.
If you have a registered CPA, great! We applaud your efforts to maintain tax compliance; however, do you have anyone to help you grow and scale based on your current and future financials?
The Importance of Hiring a Fractional CFO, Like Dorothy
For starters, Dorothy has over 20 years of experience working in the Sports, Media, and Creative Agency spaces. She has worked with major corporations like CBS Sports, FOX Sports, NBC, Scripps Network, and CBS Radio.
As a fractional CFO, she is an outsourced finance professional who can help you:
- Help you with overall financial management
- Plan and strategize your forward-looking financial strategy
- Guide you towards maximizing profits while also minimizing risks
- Assist with accounting structures and processes and HR services
She can work with your bookkeeper, CPA, or anyone else who helps you manage your financials.
She uses a three-pronged approach:
- Assessment – Is your business efficient and running smoothly?
- Structure – where can workflow be improved?
- Growth – is your business designed to scale or grow?
What’s even better is that Dorothy brings all the knowledge and experience of a six-figure CFO for a fraction of the price.
Is Your Media Company Looking to Scale?
It can be challenging to know when is the right time to scale your Podcast Production Company or Creative Agency.
With the help of an outsourced professional, you’ll be in the driver’s seat and gain practical tools to help you reach your financial goals.
If you’re looking to grow your Podcast Production Company or Creative Agency in 2022, it makes sense to hire a professional who can help you reach your financial goals faster.
Dorothy offers strategy calls, one-to-one services, and even courses to help you learn how to understand your financials better.
Click here to book a strategy session. Would you rather learn on your own? Check out her courses.
If you’re not ready, that’s okay. Dorothy has plenty of free resources on her website.
As always, for more great content about business, entrepreneurism, and more, please tune into the Inner Edison Podcast with Ed Parcaut.