The Fundamentals of Financial Growth with Michael King

Path for Growth with Alex Judd

Even if finances aren’t a strength for you, you need to put certain fundamentals in place. In this episode, Alex talks with Michael King, founder of KFE Solutions. Michael shares the four finance fundamentals every business needs and talks through specific action steps for business owners at different stages of growth. He also explains how fractional CFO services — which KFE Solutions provides — can transform a business’ finances.

• Today Alex is talking with KFE Solutions Founder Michael King (0:00:47)
• What was your career background that inspired KFE Solutions? (00:01:34)
• Can you give us the elevator pitch for KFE Solutions? (00:09:43)
• Why do so many business owners shy away from finances? (00:13:51)
• What are the foundations of finance, and what holds people back? (00:20:30)
• How should businesses approach evaluating finances? (00:27:43)
• Do you see the “sophistication bias” holding people back? (00:36:28)
• What steps should new business owners take first? (00:41:34)
• When should a business move beyond working with a bookkeeper? (00:49:27)
• What makes a great fractional CFO? (00:55:52)
• What encouragement can you give to someone who’s struggling with finances? (1:05:50)

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KFE Solutions Website