Our first response is often yes, which surprises most people. It’s because we believe saying yes first creates better outcomes for the business, for the team, and the relationship.
“What is the difference between a bookkeeper and a CFO?” It’s not like you were handed a manual when you started your business that explained how the finance world splits responsibilities. Let’s walk through each seat on the financial ladder, no buzzwords, no pretense, just clear roles and when they matter.
While bookkeeping software can process, it can’t think. When it comes to understanding the full financial picture of your business, especially if you're growing, pivoting, or juggling multiple income streams, thinking is exactly what’s needed to grow.
The bank asks for a profit and loss statement (P&L). You nod confidently, say “of course,” and then panic because your books are nowhere near ready. A messy or outdated P&L is one of the most common reasons small business owners delay financial decisions. But the good news is, there’s a clear path forward.