How a Fractional CFO Can Lead Your Business to Success with Danielle Hendon - 395

<p><b>Shownotes can be found at </b><a href='https://www.profitwithlaw.com/395'><b>https://www.profitwithlaw.com/395</b></a><b>.</b></p><p><br/></p><p><b>In this podcast episode, Moshe Amsel and Danielle Hendon, owner of Four Corners CFO, discuss the importance of financial management for small businesses. They discuss when it&apos;s the right time to hire a fractional CFO, the ideal profit margin, the three profit levers, and the significance of budgets and cash flow. They provide actionable advice and strategies for law firm owners to improve their financial management and profitability.</b></p><p><br/></p><p><b>Chapters:</b></p><p><b>[00:00] Introduction to Danielle Hendon</b></p><p><b>[04:35] Transitioning from Corporate to Small Business </b></p><p><b>[13:56] When to Consider a Fractional CFO </b></p><p><b>[19:09] Using Profit First mindset</b></p><p><b>[22:52] Setting Profit Margins</b></p><p><b>[28:49] Three Profit Levers </b></p><p><b>[38:46] Budgeting and Cash Flow for Business Owners</b></p><p><b>[42:44] Danielle’s Parting Piece of Advice</b></p><p><br/></p><p><b>Resources mentioned:</b></p><p><b>Check out our Profit with Law </b><a href='https://youtube.com/@profitwithlaw?sub_confirmation=1'><b>YouTube</b></a><b> channel!</b></p><p><b>Learn more about the Profit with Law Elite Coaching Program </b><a href='http://www.profitwithlaw.com/elite'><b>here</b></a><b>. </b></p><p><br/></p><p><b>Connect with Danielle Hendon: </b><a href='https://4cornerscfo.com/'><b>Website</b></a><b> | </b><a href='https://www.facebook.com/4CornersCFO'><b>Facebook</b></a><b> | </b><a href='https://www.instagram.com/4cornerscfo/'><b>Instagram</b></a><b> | </b><a href='https://www.linkedin.com/in/danielle-hendon/'><b>LinkedIn</b></a></p><p><br/></p><p><a href='https://www.profitwithlaw.com/390'><b>Episode 390 - From 0 to 200 Employees The Ultimate Guide to Successful Law Firm Growth with Luis Raul Scott Jr</b></a></p><p><br/></p><p><a href='https://www.profitwithlaw.com/393'><b>Episode 393 - The 3 Most Effective Strategies for M