Carla Titus is an experienced Chief Financial Officer (CFO) with a strong passion for home care and day services based on her experience attaining the best possible care for her aging father-in-law. One of her specialties with home care entrepreneurs is making sure that they are personally successful.
Some of the key topics covered in the episode are as follows:
- The importance of bookkeeping
- How to read your statements to understand the state of your business
- The difference between revenue and cash flow (in other words how to manage the delay between the time that you earn income and receive payment)
- Ways to deal with financial shortcomings
- Goal setting and tracking
- Leading and Lagging indicators
Carla's company is called Wealth and Worth Within. They offer a newsletter and lots of educational content on Facebook, Instagram and LinkedIn. Carla also offers free initial consultations for agencies who are looking for a fractional CFO.
Home Care Heroes and Day Service Stars is produced and sponsored by Ankota - If you provide services that enable older or disabled people to continue living at home , Ankota can provide you the software to successfully run your agency. Visit us at https://www.ankota.com.
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