What Are the Key Financial Strategies Every Growing Business Needs?

Welcome to the CanadianSME Small Business Podcast, hosted by Maheen, where we explore financial strategies that empower Canadian entrepreneurs to build sustainable businesses. Today, we’re focusing on how growing SMEs can secure top-tier financial leadership without the full-time overhead, particularly through the role of a fractional CFO.

Joining us is Shady Abboud, CEO at Unloop accounting and Fractional CFO at Storyline Financial, who brings a unique perspective from his experience building, operating, and selling two businesses. Shady will share insights on building scalable financial systems, why fractional CFOs are key partners for growth, and how to master cash flow management to fuel long-term success.

Key Highlights:

1. Building a Scalable Financial System: Shady will explain how entrepreneurs can create a scalable financial system that grows with their business and highlight essential accounting concepts for CEOs.

2. Personal Anecdote: Shady will share a personal story about how growing too fast can be risky and how the right financial system can make all the difference.

3. Fractional CFO – Your Strategic Growth Partner: Shady will explain the unique value a fractional CFO brings to growing businesses and how it differs from traditional accounting roles.

4. When to Bring in a Fractional CFO: Shady will discuss the key signs that signal when a business should bring in a fractional CFO, including revenue milestones and growth challenges.

5. Cash Flow—The #1 Killer of Good Businesses: Shady will share strategies for managing cash flow effectively and offer an unconventional tip for maintaining healthy cash flow.

Special Thanks to Our Partners:

• RBC: https://www.rbcroyalbank.com/dms/business/accounts/beyond-banking/index.html
• UPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWA
• Google: https://www.google.ca/
• A1 Global College: https://a1globalcollege.ca/

For more expert insights, visit www.canadiansme.ca and subscribe to the CanadianSME Small Business Magazine. Stay innovative, stay informed, and thrive in the digital age!

Disclaimer: The information shared in this podcast is for general informational purposes only and should not be considered as direct financial or business advice. Always consult with a qualified professional for advice specific to your situation.