Mini Episode: What an Elite Finance Team Can Do For Your Brand

Episode Summary

In this mini episode of the Free to Grow CFO Podcast, Jon Blair discusses the essential functions of a finance team for DTC brands, emphasizing the importance of providing value in the scaling journey. He outlines the key monthly processes that finance teams should implement, including a 15-day close, monthly financial reviews, and strategic meetings with the CFO to ensure informed decision-making and risk management.

Key Takeaways:

-Your finance team should be providing value and helping you make confident, quality decisions.

-Scaling is a series of risk-adjusted bets.

-You should have a monthly financial strategy meeting with your CFO.

Episode Links

Jon Blair - https://www.linkedin.com/in/jonathon-albert-blair/

Free to Grow CFO - https://freetogrowcfo.com/

Transcript

00:00 The Role of Finance in DTC Brands

01:53 Monthly Financial Processes for Success

05:42 Strategic Financial Meetings and Decision Making