How NOT To Run A Successful Finance Function Charlie Munger Style #84

In this week's episode we apply Charlie Munger’s “invert” approach to your business: listing common mistakes that make a finance function fail (unqualified staff, manual processes, duplicate records, poor credit control, mixed accounts, and ignoring the numbers) and outlining practical, modern fixes.

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ABOUT THE HOST:

Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.

As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.

Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 

 

*The content of this podcast is for entertainment purposes only and does not constitute professional advice.