The Pros and Cons of CFO Services (Part 1)

The Pros and Cons of CFO Services (Part 1)

You hired the coaches, joined the masterminds, and worked hard to grow your consulting firm… so why does your bank account still not reflect the revenue coming in? Many consulting firm CEOs assume they need more sales or another business coach. But sometimes, the real issue is a lack of financial structure, cash flow visibility, and strategic financial guidance. In Part 1 of this two-part episode, Dr. Octavia Conner breaks down the pros of hiring a Virtual CFO and how CFO services can help you gain clarity, manage cash flow, improve profitability, and make smarter growth decisions. Stay tuned for Part 2, where we will discuss the potential drawbacks and what to consider before making the investment.   👇🏾 JOIN THE UPCOMING SAY YES TO PROFITS MASTERCLASS https://Cashflow.SayYesToProfits.com [https://Cashflow.SayYesToProfits.com] 👇🏾 TAKE THE PROFIT LEAK DIAGNOSTIC https://diagnostic.sayyestoprofits.com [https://diagnostic.sayyestoprofits.com] 💖Thanks for tuning in to the SYTP Podcast💖 ©Say Yes To Profits. All rights reserved.   ABOUT OCTAVIA I am Dr. Octavia Conner, CEO of Say Yes To Profits, a Virtual CFO firm that helps established consulting and professional service firms turn seven-figure revenue into financial clarity, cash flow confidence, and profits they can see, retain, and multiply through our Say Yes To Profits Framework. 👇🏾CONNECT ON SOCIAL MEDIA: * Instagram - LINK [https://www.instagram.com/octaviaconnercfo] * Listen on Podbean [https://sayyestoprofits.podbean.com/e/how-high-earning-minority-women-ceos-can-build-a-cash-reserve-with-ease/] * Listen on Apple Podcast [https://podcasts.apple.com/us/podcast/say-yes-to-profits-podcast/id1811469364] * Listen on iHeart [https://www.iheart.com/podcast/1323-say-yes-to-profits-podcas-273759559/?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Spotify [https://open.spotify.com/show/1aEWlsj9xdu6Z8VFOcYDpt?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Pandora [https://www.pandora.com/podcast/say-yes-to-profits-podcast/PC:1001101317] * Watch on YouTube [https://www.youtube.com/c/octaviaconner] DISCLAIMER: This episode should be used for informational purposes only. Speak with your accountant before using any strategies provided. Say Yes To Profits, nor Dr. Octavia Conner, can not be handled responsibly. By watching or listening to this episode, you are agreeing to use these strategies at your own risk.   AFFILIATE LINKS 👇🏾 Try Monarch Money for Personal Finances (You receive a 50% discount)  https://monarch.com/referral/iawooayhof?r_source=copy [https://monarch.com/referral/iawooayhof?r_source=copy]   Try Gusto for payroll and receive a $100 Visa Gift Card https://gusto.com/r/octavia127 [https://gusto.com/r/octavia127]   Try StreamYard for YouTube streaming and receive a $10 credit https://streamyard.com/pal/d/4550828167004160 [https://streamyard.com/pal/d/4550828167004160]   PS—These are affiliate links. We both will receive benefits if you sign up for their services. You are signing up at your own risk.

Business Coach or CFO: Which One Do You Actually Need?

Are you investing in the wrong expert? Most consulting firm CEOs assume every business problem requires more revenue and growth strategy, but sometimes what your business actually needs is financial structure, discipline, and data-driven leadership. In this episode, Dr. Octavia Conner breaks down the real difference between a business coach and a Virtual CFO so you can stop guessing and start investing in the right support for this season of your business. If money keeps coming in but not staying, your cash flow feels unpredictable, or profitability is not scaling with your revenue, this episode is your wake-up call. 👇🏾 JOIN THE UPCOMING SAY YES TO PROFITS MASTERCLASS https://Cashflow.SayYesToProfits.com [https://Cashflow.SayYesToProfits.com] 👇🏾 TAKE THE PROFIT LEAK DIAGNOSTIC https://diagnostic.sayyestoprofits.com [https://diagnostic.sayyestoprofits.com] 💖Thanks for tuning in to the SYTP Podcast💖 ©Say Yes To Profits. All rights reserved.   ABOUT OCTAVIA I am Dr. Octavia Conner, CEO of Say Yes To Profits, a Virtual CFO firm that helps established consulting and professional service firms turn seven-figure revenue into financial clarity, cash flow confidence, and profits they can see, retain, and multiply through our Say Yes To Profits Framework. 👇🏾CONNECT ON SOCIAL MEDIA: * Instagram - LINK [https://www.instagram.com/octaviaconnercfo] * Listen on Podbean [https://sayyestoprofits.podbean.com/e/how-high-earning-minority-women-ceos-can-build-a-cash-reserve-with-ease/] * Listen on Apple Podcast [https://podcasts.apple.com/us/podcast/say-yes-to-profits-podcast/id1811469364] * Listen on iHeart [https://www.iheart.com/podcast/1323-say-yes-to-profits-podcas-273759559/?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Spotify [https://open.spotify.com/show/1aEWlsj9xdu6Z8VFOcYDpt?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Pandora [https://www.pandora.com/podcast/say-yes-to-profits-podcast/PC:1001101317] * Watch on YouTube [https://www.youtube.com/c/octaviaconner] DISCLAIMER: This episode should be used for informational purposes only. Speak with your accountant before using any strategies provided. Say Yes To Profits, nor Dr. Octavia Conner, can not be handled responsibly. By watching or listening to this episode, you are agreeing to use these strategies at your own risk.   AFFILIATE LINKS 👇🏾 Try Monarch Money for Personal Finances (You receive a 50% discount)  https://monarch.com/referral/iawooayhof?r_source=copy [https://monarch.com/referral/iawooayhof?r_source=copy]   Try Gusto for payroll and receive a $100 Visa Gift Card https://gusto.com/r/octavia127 [https://gusto.com/r/octavia127]   Try StreamYard for YouTube streaming and receive a $10 credit https://streamyard.com/pal/d/4550828167004160 [https://streamyard.com/pal/d/4550828167004160]   PS—These are affiliate links. We both will receive benefits if you sign up for their services. You are signing up at your own risk.

How Much Does CFO Services Cost?

How much does a CFO really cost? It is one of the most common questions I hear from consulting firm CEOs. The truth is, the cost of CFO services depends on the size of your business, the complexity of your finances, the level of support you need, and the experience of the CFO you hire. In this episode, I pull back the curtain on CFO pricing and explain what you are actually paying for when you invest in financial leadership. I discuss the factors that influence CFO fees, typical Virtual CFO pricing ranges, and the key differences between hiring a full-time CFO and partnering with a Virtual CFO. 👇🏾 JOIN THE UPCOMING SAY YES TO PROFITS MASTERCLASS https://Cashflow.SayYesToProfits.com [https://Cashflow.SayYesToProfits.com] 👇🏾 TAKE THE PROFIT LEAK DIAGNOSTIC https://diagnostic.sayyestoprofits.com [https://diagnostic.sayyestoprofits.com] 💖Thanks for tuning in to the SYTP Podcast💖 ©Say Yes To Profits. All rights reserved.   ABOUT OCTAVIA I am Dr. Octavia Conner, CEO of Say Yes To Profits, a Virtual CFO firm that helps established consulting and professional service firms turn seven-figure revenue into financial clarity, cash flow confidence, and profits they can see, retain, and multiply through our Say Yes To Profits Framework. 👇🏾CONNECT ON SOCIAL MEDIA: * Instagram - LINK [https://www.instagram.com/octaviaconnercfo] * Listen on Podbean [https://sayyestoprofits.podbean.com/e/how-high-earning-minority-women-ceos-can-build-a-cash-reserve-with-ease/] * Listen on Apple Podcast [https://podcasts.apple.com/us/podcast/say-yes-to-profits-podcast/id1811469364] * Listen on iHeart [https://www.iheart.com/podcast/1323-say-yes-to-profits-podcas-273759559/?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Spotify [https://open.spotify.com/show/1aEWlsj9xdu6Z8VFOcYDpt?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Pandora [https://www.pandora.com/podcast/say-yes-to-profits-podcast/PC:1001101317] * Watch on YouTube [https://www.youtube.com/c/octaviaconner] DISCLAIMER: This episode should be used for informational purposes only. Speak with your accountant before using any strategies provided. Say Yes To Profits, nor Dr. Octavia Conner, can not be handled responsibly. By watching or listening to this episode, you are agreeing to use these strategies at your own risk.   AFFILIATE LINKS 👇🏾 Try Monarch Money for Personal Finances (You receive a 50% discount)  https://monarch.com/referral/iawooayhof?r_source=copy [https://monarch.com/referral/iawooayhof?r_source=copy]   Try Gusto for payroll and receive a $100 Visa Gift Card https://gusto.com/r/octavia127 [https://gusto.com/r/octavia127]   Try StreamYard for YouTube streaming and receive a $10 credit https://streamyard.com/pal/d/4550828167004160 [https://streamyard.com/pal/d/4550828167004160]   PS—These are affiliate links. We both will receive benefits if you sign up for their services. You are signing up at your own risk.

Consulting Firm Money Habits That Quietly Drain Cash

A consulting firm can hit record revenue and still be one unexpected expense away from financial pressure. The problem is not always sales, it is the invisible habits CEOs normalize that quietly destroy cash flow and profitability over time. In this episode, Dr. Octavia Conner breaks down the real reasons consulting firms leak money, how reactive growth decisions create financial instability, and what it takes to build a firm that is not just bigger, but financially solid, scalable, and predictably profitable. 👇🏾 JOIN THE NEXT SAY YES TO PROFITS ACCELERATOR https://Accelerator.SayYesToProfits.com [https://Accelerator.SayYesToProfits.com] 👇🏾 TAKE THE PROFIT LEAK DIAGNOSTIC https://diagnostic.sayyestoprofits.com [https://diagnostic.sayyestoprofits.com] 💖Thanks for tuning in to the SYTP Podcast💖 ©Say Yes To Profits. All rights reserved.   ABOUT OCTAVIA I am Dr. Octavia Conner, CEO of Say Yes To Profits, a Virtual CFO firm that helps established consulting and professional service firms turn seven-figure revenue into financial clarity, cash flow confidence, and profits they can see, retain, and multiply through our Say Yes To Profits Framework. 👇🏾CONNECT ON SOCIAL MEDIA: * Instagram - LINK [https://www.instagram.com/octaviaconnercfo] * Listen on Podbean [https://sayyestoprofits.podbean.com/e/how-high-earning-minority-women-ceos-can-build-a-cash-reserve-with-ease/] * Listen on Apple Podcast [https://podcasts.apple.com/us/podcast/say-yes-to-profits-podcast/id1811469364] * Listen on iHeart [https://www.iheart.com/podcast/1323-say-yes-to-profits-podcas-273759559/?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Spotify [https://open.spotify.com/show/1aEWlsj9xdu6Z8VFOcYDpt?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Pandora [https://www.pandora.com/podcast/say-yes-to-profits-podcast/PC:1001101317] * Watch on YouTube [https://www.youtube.com/c/octaviaconner] DISCLAIMER: This episode should be used for informational purposes only. Speak with your accountant before using any strategies provided. Say Yes To Profits, nor Dr. Octavia Conner, can not be handled responsibly. By watching or listening to this episode, you are agreeing to use these strategies at your own risk.   AFFILIATE LINKS 👇🏾 Try Monarch Money for Personal Finances (You receive a 50% discount)  https://monarch.com/referral/iawooayhof?r_source=copy [https://monarch.com/referral/iawooayhof?r_source=copy]   Try Gusto for payroll and receive a $100 Visa Gift Card https://gusto.com/r/octavia127 [https://gusto.com/r/octavia127]   Try StreamYard for YouTube streaming and receive a $10 credit https://streamyard.com/pal/d/4550828167004160 [https://streamyard.com/pal/d/4550828167004160]   PS—These are affiliate links. We both will receive benefits if you sign up for their services. You are signing up at your own risk.

The Role Of A CFO

If your marketing agency or consulting firm is generating 7-figures plus and cash still feels tight, this episode will challenge how you think about growth. In this episode, I explain why revenue is no longer your safety net at the one to ten million dollar level, how growth changes the way cash behaves, and why strong sales can still create financial pressure. I break down how financial visibility transforms decision-making by proactively modeling cash flow, protecting margin, and replacing guesswork with intentional financial leadership. If you are ready to stop reacting to cash pressure and start leading with clarity, control, and predictable profits, watch this episode, then join me at the SYTP Accelerator to learn how to scale like a true financial executive. 👇🏾 JOIN THE NEXT SAY YES TO PROFITS ACCELERATOR https://Accelerator.SayYesToProfits.com [https://Accelerator.SayYesToProfits.com]   💖Thanks for tuning in to the SYTP Podcast💖 ©Say Yes To Profits. All rights reserved.   ABOUT OCTAVIA I am Dr. Octavia Conner, CEO of Say Yes To Profits, a Virtual CFO firm that helps established marketing agencies and service-based businesses turn seven-figure revenue into financial clarity, cash flow confidence, and profits they can see, retain, and multiply through our Say Yes To Profits Framework. 👇🏾CONNECT ON SOCIAL MEDIA: * Instagram - LINK [https://www.instagram.com/octaviaconnercfo] * Listen on Podbean [https://sayyestoprofits.podbean.com/e/how-high-earning-minority-women-ceos-can-build-a-cash-reserve-with-ease/] * Listen on Apple Podcast [https://podcasts.apple.com/us/podcast/say-yes-to-profits-podcast/id1811469364] * Listen on iHeart [https://www.iheart.com/podcast/1323-say-yes-to-profits-podcas-273759559/?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Spotify [https://open.spotify.com/show/1aEWlsj9xdu6Z8VFOcYDpt?utm_campaign=PB-sendgrid-emails&utm_medium=email&utm_source=sendgrid] * Listen on Pandora [https://www.pandora.com/podcast/say-yes-to-profits-podcast/PC:1001101317] * Watch on YouTube [https://www.youtube.com/c/octaviaconner] DISCLAIMER: This episode should be used for informational purposes only. Speak with your accountant before using any strategies provided. Say Yes To Profits, nor Dr. Octavia Conner, can not be handled responsibly. By watching or listening to this episode, you are agreeing to use these strategies at your own risk.   AFFILIATE LINKS 👇🏾 Try Monarch Money for Personal Finances (You receive a 50% discount)  https://monarch.com/referral/iawooayhof?r_source=copy [https://monarch.com/referral/iawooayhof?r_source=copy]   Try Gusto for payroll and receive a $100 Visa Gift Card https://gusto.com/r/octavia127 [https://gusto.com/r/octavia127]   Try StreamYard for YouTube streaming and receive a $10 credit https://streamyard.com/pal/d/4550828167004160 [https://streamyard.com/pal/d/4550828167004160]   PS—These are affiliate links. We both will receive benefits if you sign up for their services. You are signing up at your own risk.