Every business, customer and consumer is being impacted by inflation. Especially in small and mid-market companies, thin margins are quickly evaporating, and the usual and expected financial structures and models are going through changes. In today's episode, we explore the impact of inflation and discuss strategies and tactics to realize opportunities. From re-evaluating pricing models to vendor and supply chain relationships to even how your company is structured for success, now is the time to scrutinize parts of a company that sometimes don't get addressed more firmly. Is it a little scary out there? Yes, it is. But it doesn't have to be when you plan, prepare and position your company for long-term, sustainable success. Learn how inflation can be a catalyst, not a catastrophe.
Create The Next is delivered to you from ProCFO Partners. Every week, we explore strategies and ideas for financial management and growth to help today’s businesses put their financial picture in context. ProCFO Partners are expert financial officers networked across industries, verticals, specializations and situations. Fulfilling the role of a part-time CFO with all-time commitment, ProCFO Partners utilizes the innovative and exclusive FGC Financial Flywheel as a framework that creates momentum to drive your financial functions for sustainable success. Visit procfopartners.com to explore how we can implement a systematic and scalable financial system to help you achieve your goal.