Her CFO Tips: 4 Steps in Planning Your Debt Finance Repayment and Achieving Long-Term Profitability
Her CEO Journey™: The Business Finance Podcast for Mission-Driven Women Entrepreneurs
English - October 07, 2021 04:00 - 9 minutes - 6.36 MB - ★★★★★ - 3 ratingsEntrepreneurship Business Management business entrepreneurship female ceo business finance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Many mission-driven female founders fear having debt in their business. However, when done right, taking on debt financing is actually a great way to grow and expand your business. One way to conquer your fear of going into debt financing is to plan your steps before you even approach a lender. In particular, it would benefit you to have a debt and interest repayment plan in place. Through this, you know what to expect in your business’s financials.
In this solo episode, I’ll show you how to think like a CFO when crafting your debt and interest repayment plan. We’ll dive deep into the financial questions that you need to ask yourself. Our end goal is to create a realistic financial forecast that determines whether or not debt financing is suitable for your business.
So tune in to know more about how you can think like a CFO so that you can plan smartly for the growth and profitability of your business!
Episode Highlights:
[00:00] Why You Should Plan for Debt Repayment Before Going into Debt Financing[02:16] Think Like a CFO Step #1: Create a Debt Schedule[03:15] Think Like a CFO Step #2: Review Historical Financial Results[05:29] Think Like a CFO Step #3: Clearly Identify the Assumption to Build the Forecast[06:51] Think Like a CFO Step #4: Create the Forecast[08:02] CFO Services that Will Help You Go Through Debt FinancingEnjoyed This Podcast?
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