Get your business in order, get your ducks in a row and get them quacking.
Things a CFO will look for:
- Clean cost of good sold
- Revenue Recognition Methodology
- Dunning Process – What, When, Who
- Clean Clean Books and Process to Keep it that way
- Cash Flow analysis / Weekly Review regardless of business health
- Budget vs. Forecast vs. Actual – EOM/EOQ
- Cost of Sales – as a % with the plan to spend more on activities that generate ROI
If you don’t have these, get them; the reason CFO looks for these things is that they help a business grow from a position of stability, not because they are ‘fun’ or the CFO is a control freak; they work, do them.
