Navigating a business is difficult enough, but during unusual times like these it can be even more challenging – especially its financial aspects. The simple truth is that cash is the fuel for your business, and you cannot operate without it. That is why cash flow forecasting is by far the most important cash management tool for business. Join us as Rick Arthur, the CFO with a CEO perspective, shares how you can forecast your cash flow during the current circumstances and as we move forward to what may become our “new normal.”
You need someone else to look at you and say this is what you're doing right, this is what you're doing wrong
The Board helped me with accountability...
Prioritizing and focusing my time where I am really working on the business
Boards are very good at having a broad swath of industries and experience that people bring to the table
Whatever your business is, you always have to be bringing new ideas to the the table, new products, new marketing
My Board members were the only ones that were brutally honest with me about the changes I needed to make; it was the truth I needed to hear
Boards 'professionalize' my business, to learn what others were doing, and how to...make your business more organized
It's great to now have a group of individuals who can challenge me and help me avoid making the same mistakes they did
My Personal stress level today compared to prior to TAB has been reduced by 70%