In this episode James Kennedy chats with Michael Harley, Fractional CFO and the visionary Founder of Breakthrough CFO.
Michael’s journey is nothing short of extraordinary. Transitioning from the disciplined life in the British Army to the dynamic world of finance, he has mastered the art of applying military precision to business finance management. At Breakthrough CFO, Michael’s mission is to let you focus on what you do best—running your business—while his team ensures your finances are in impeccable order.
What You’ll Learn:
- The Art of Business Discipline: Discover how Michael’s military background has shaped his approach to finance, instilling a level of discipline that’s crucial for business success.
- Identifying Your Business’ Battle Rhythm: Learn about the concept of a business’ battle rhythm and how adhering to it can steer your company towards success.
- Taking Control of Your Finances: Michael shares his insights on the fundamental financial aspects every business owner should manage effectively, from cash-flow forecasts to long-term financial planning.
Episode Highlights:
- “Michael, how has your experience in the British Army influenced your approach to financial management?”: An exploration into how discipline and strategic planning in the military can translate into successful business practices.
- “Can you explain the concept of ‘business’ battle rhythm’ and its importance?”: Michael delves into how a well-defined operational tempo can lead to greater efficiency and success.
- “What are the common financial pitfalls that businesses face, and how can they be avoided?”: Practical advice from Michael on steering clear of typical financial management mistakes.
- “For businesses struggling with their finances, what first steps do you recommend to gain control?”: Michael provides actionable steps for businesses to start taking control of their financial destiny.
Michael Harley’s extensive background, from serving in the British Army to holding pivotal roles at Amazon, Trainline, and other fast-growing companies, has equipped him with over 20,000 hours of experience in helping companies manage and optimize their finances. His passion for empowering small and medium-sized businesses in the UK with strategic financial tools is evident in his work with Breakthrough CFO.
Michael poses some crucial questions for every business owner to consider regarding their control over finances, from understanding monthly earnings to preparing for VAT bills and beyond.
