In this episode of the Gross Profit Podcast James Kennedy catches up with Michael Stier, Area President and Fractional CFO at Focus CFO. Michael unveils the transformative impact and growing trend of fractional work in today’s business landscape.
About Michael Stier: Michael Stier is an accomplished Fractional CFO and Area President at Focus CFO, a national leader in embedded fractional CFO services. With a mission to guide entrepreneurial leaders to sustainable, transferable business value, Michael and Focus CFO empower business owners through sound financial management, forward-thinking insights, and proactive financial strategies. His work primarily supports businesses with revenues between $3-$30M, helping them overcome common challenges related to business insight, performance, cash flow, and growth.
What You’ll Learn:
- Understanding Fractional Workspaces: The concept and benefits of embedded fractional CFO services and how they fit into modern business structures.
- Impact on Business Owners: How fractional CFOs empower business owners with actionable insights, improved cash flow, and increased business efficiency.
- Future of Fractional Services: Trends and predictions for the role of fractional executives in business growth and value creation.
Episode Highlights:
- “Michael, can you share how fractional CFO services have specifically impacted one of your clients?”
- “What challenges do businesses typically face that lead them to consider a fractional CFO?”
- “In what ways do you think the fractional model will evolve as businesses continue to grow and change?”
- “How does Focus CFO tailor its services to meet the diverse needs of different industries?”
Beyond providing fractional CFO services, Michael Stier is actively involved in expanding Focus CFO’s reach, seeking new team members to support growth in various regions. FocusCFO’s approach not only includes providing financial expertise but also building a partnership that aligns with the client’s strategic goals.
