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The 60 Minute CFO Podcast

The 60 Minute CFO Podcast

By: Tracy Bech
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Welcome to the 60 Minute CFO Podcast—the show that helps business owners like YOU unlock financial fluency and take control of your success.Tracy Bech Economics Leadership Management & Leadership
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Episodes
  • E01: Why most businesses fail
    Dec 10 2024

    In this episode of the 60 Minute CFO podcast, Tracy explores the primary reason behind the failure of small businesses: cash flow and financial management issues. Despite common misconceptions, it's not bad ideas or a lack of customers that lead to closures, but rather poor financial practices, with 82% of business failures attributed to cash flow problems. Tracy emphasizes the importance of financial fluency, likening it to driving a car where understanding the basics is crucial for making informed decisions.

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    9 mins

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