41. How to Explain: Profit & Loss

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! Click the link below to secure your ticket: https://www.thecfoacceleratorlive.com ---------------------------------------------------------------------------------------------------------------------------------------- Ever wish your clients could understand their P&L so you didn't have to explain EVERYTHING to them? Sure, we all do. But figuring out how to explain it to them in terms they can understand can be challenging. In this episode, I'm going to show you how I explain the P&L to our CFO clients. My hope is that this gives you some ideas or inspiration as to how you might break it down. Enjoy! 4 Steps to Launch a CFO Firm Playlist Can YOU offer CFO services? (Part 1 of 4) 4 ESSENTIAL CFO Services (Part 2 of 4) The REAL Pros and Cons of Offering CFO Services (Part 3 of 4) 7 Crucial Steps To Launch CFO Services Faster in 2022 (Part 4 of 4) 🔥 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. #Bookkeeping #FractionalCFO #virtualcfo #accountants #teambuilding #businessorganization #businesssoftware #accounting #fulltimecfo #cfoservices