In this episode of Canopy’s Practice Success Podcast, we sit down with Hannah Smolinski, founder and CEO of Clara CFO Group. We discuss Hannah's experience building a fractional CFO firm, why she chose to focus on CFO services, and the evolving role of fractional CFOs. The conversation covers valuable advice for small businesses and accounting firms, including trends in financial advisory and hiring challenges. Hannah also reflects on the success of her YouTube channel, where she provides free financial guidance to entrepreneurs.
Tune in for insights on navigating financial growth in a rapidly changing business environment.
Three Main Ideas:
1. The Value of Fractional CFO Services: Hannah Smolinski explains how fractional CFOs can offer strategic financial guidance to small businesses without the need for a full-time CFO, making it a cost-effective solution.
2. Adapting to Industry Changes: The discussion highlights the importance of staying agile in the face of evolving business landscapes, including leveraging new technologies.
3. Overcoming Hiring and Retention Challenges: Hannah shares strategies for attracting and retaining quality employees in the accounting and finance fields, emphasizing the need for a strong company culture, work-life balance, and proactive recruitment efforts.
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