In this episode, we speak with Nick Annan, CPA with Elliot Davis. With nearly 17 years of public accounting experience, Nick spends his days very similar to us – serving as controller and CFO advisor to real estate, professional services firms and not-for-profit clients. We always love the chance to talk business and money with Nick.
John and Nick cover some unique nuances of P&Ls, balance sheets, and cashflow statements. But they also dive into why it's so common for business owners to miss the mark with financial planning and forecasting – tasks that can feel murky or daunting, yet offer one of the surest ways to drive predictable success in business and "personal life outside the business".
What is Footnotes?
Highlighting stories that need to be told to encourage entrepreneurs, business owners and leaders who are making a difference. It's not about the glam and glitz in these processes, but more about the "footnote"...