- June 22, 2021
- Posted by: Stratford Team
- Category: Business
If you are the CEO and/or CFO of an organization of any stage your number one job is to build a business that is repeatable and can scale and grow. While there are many different paths to getting to this point, there is one thing that every business that has achieved this has in common – they have a financial model that is very good at “predicting the future.”
Now of course a financial model can not really predict the future, but what a great financial model can do is give the CEO and CFO the clearest picture of how their actions and initiatives will impact every aspect of the business and in particular revenue and profit.
I’ll be the first to tell you that thinking about a financial model, especially in a vacuum, is not always the most exciting thing, however it is critical in achieving maximum outcomes. And frankly, if you truly love the business you are running, the work that goes into building a great model should be really fun and…
