When Your Law Firm Needs a CFO: Scaling Profitably with Fractional CFO Strategy with Danielle Hendon

In this episode, we sit down with Danielle Hendon of Four Corners CFO to unpack the true role of a CFO in law firms. From cash flow and bonus planning to capacity-based budgeting, Danielle shares her “Reveal Framework” for creating sustainable profitability and smarter financial strategy.

00:37 Introducing the Guest: Danielle Hendon
00:57 Understanding the Role of a CFO in Law Firms
01:26 Challenges with Bookkeeping and Clearing Accounts
03:16 Balancing the Balance Sheet and P&L
03:57 Cash Flow Management and Forecasting
12:03 The Reveal Framework for Financial Management
23:09 Strategic Spending and Cash Management
25:29 Understanding Lines of Credit
25:48 Smart and Strategic Spending
27:04 Prepayments and Tax Strategies
27:59 Maximizing Tax Deductions
29:55 Investing in Your Team
32:38 Compensation Models and Bonuses
39:40 Coaching vs. CFO Services

Danielle Hendon and 4Corners CFO

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Accountants Law Pod is hosted by Lynda Artesani, Sarah Prevost, and Steve Libhart and directed/produced by Teaira Burge and The Proper Trust. Music by ComaStudio from Pixabay - Edited by audiovideo_uk

Disclaimer: The content presented in this podcast is for informational purposes only and should not be considered as legal, financial, or professional advice.