Are You Planning for Expenses or Are You Planning for Profit?
The Traditional Approach: Expenses First, Profit Last A consistent income stream might be your end goal as a business owner, as this gives you the ability to pay off expenses like labor costs but most quickly come to understand that profit planning is what truly leads to financial health and success. A profit and loss […]
What Is A Fractional CFO and Their Role In Your Business
The Short Answer: A fractional CFO is a financial professional who provides executive-level financial expertise to your business on a part-time or project basis, providing access to strategic financial leadership without the cost of a full-time hire. As any business grows, managing the financial side becomes more demanding. Tasks like payroll, budgeting, and forecasting take […]
What Are Business Level Strategies
Understanding Business Level Strategies For Your Firm Join us, as we take a deep dive into an essential topic that all businesses must comprehend to succeed and grow: the business level strategy. With years of expertise in the financial and strategy sectors, we’ve seen firsthand how a well-planned and executed business level strategy can create […]
A Different Practice podcast
Check out Brooke’s interview on A Different Practice. https://podcasts.apple.com/us/podcast/22-the-secrets-of-financial-success-with-brooke-lively/id1654806425?i=1000629175021 Hosts Lauren and Jessica talk with Brooke about the essential financial insights that every law firm owner needs, including: 1 The key numbers every law firm owner should know 2 The ideal composition of your financial team, including the one indispensable role that no law firm […]
SharkPreneur podcast
We have another great listen for you! Brooke was a guest on Kevin Harrington’s (from Shark Tank) Sharkprenuer Podcast with his awesome co-host Seth Greene (Podcast Direct Response Marketing Expert)! It was a jam-packed interview, and Seth did a great job in picking Brooke’s brain about her book, From Panic to Profit. Here are a […]
You are buzzworthy podcast
Check out Brooke’s enlightening interview on the “You Are Buzzworthy” podcast with Michael Buzinski. Brooke dives deep into her journey, which began with a mission to assist law firms and evolved into discovering the critical role of cash flow in business. In this episode, you’ll gain valuable insights into: ✨ The importance of understanding and […]
Law Firm Financial Management – Strategies & Analytics
Join Brooke in this insightful podcast episode as she dives into the world of financial management and data reporting specifically tailored for law firms. Discover how leveraging financial data, combined with factors like average case value and employee productivity, can empower law firms to fine-tune their strategies and unlock untapped profit potential. Gain valuable insights and practical tips to optimize your firm’s financial performance.
Overhead and Profit: What it is and isn’t
What is Overhead and Profit In business finance, two terms that are frequently heard are overhead and profit. They’re fundamental concepts that every entrepreneur and business owner needs to grasp. Overhead refers to the ongoing expenses required to run your business, whereas profit is the financial gain you achieve after all your costs are subtracted […]
Seven Words to Learn Before You Apply for Your Next Loan
Growing law firms need cash, but cash can get tight. All firms should have access to reserve cash, such as a line of credit, but applying for a loan can be nerve-wracking — especially when bankers start throwing out unfamiliar terms. One of my clients (now in his second year on the Inc. 5000) needed […]
Podcast – Law Firm Financial Management
KPI’s – Do you know the Key Performance Indicators in your law firm? Want to know what you should be looking at and monitoring? How about the best accounting tool for law firms? To learn more, check out the Non-Eventcast podcast where CathCap Founder and President, Brooke Lively talks about Law Firm Financial Management. Listen […]
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