CFO Weekly Putting Profit First: Why It's the Bookkeeper's Responsibility w/ Andrew Royer
I love a fresh tube of toothpaste.
You put a ton of it on that toothbrush, and you don't care because you've got a full tube of toothpaste. But after a while, that tube isn't full anymore, so you roll it up, scrunch it, and try to get the tiniest little bit on that toothbrush.
Metaphorically speaking, that's what happens when you put profit last in your business.
On this episode of the CFO Weekly podcast, Andrew Royer, a CPA, a certified general accountant, and a bookkeeper discusses why we should be putting profit first.
What we talked about with Andrew:
-The differences between accounting and bookkeeping
-What led Andrew to the profit first model and how he knew it was he had been looking for all along
-How external events topple companies more focused on revenue than profit
-...And how to make your business more profitable!
Brought to you by Personiv!
For more interviews from the CFO Weekly podcast, check us out on Apple or Spotify or your favorite podcast player!
- Follow, rate, and review on Apple Podcasts
- Follow on Spotify
Previous guests include: Tom McDermott, CFO at Career Certified, Claire Bramley, CFO at Teradata, Chris Miles, Founder of Money Ripples, Ranil DeSilva, CFO & COO at CARE, Jordan Grumet, Financial Independence Expert & Host of Earn & Invest & William Washington, Global CFO at Baker McKenzie
- Driving Value Beyond Finance with Tom McDermott
- Why CFOs Are the Chief Everything Officers with Claire Bramley
- Why Traditional Financial Advice Fails and What To Do Instead with Chris Miles
- NGO Finance Secrets: CARE’s $900M Strategy with Ranil DeSilva
- What Lights You Up? with Jordan Grumet
- Become a Lean Six Sigma Master Black Belt with William Washington
CFO Weekly is handcrafted by our friends over at: fame.so