Introduction:

As accountants, we often communicate in our professional lingo. Acronyms like CFO, CAS, or FP&A roll off our tongues as easily as ABC. We assume that everyone understands their meaning, but the reality is often far from it. We need to remember that we’re not just communicating with other finance professionals. Our key audience –hyper-focused business owners – may not always grasp these industry-specific terms. They are usually too engrossed in the day-to-day operations of their business to delve into the complexities of financial jargon.

To the uninitiated, a Chief Financial Officer (CFO) may sound like a high-level corporate role, something out of reach for a small business owner. This disconnect can potentially dissuade them from seeking the very services that could supercharge their business growth. So, how can we bridge this gap? By speaking the language of business owners and clearly communicating the value of these services in terms that matter most to them.

 

The Language of Growth and Profit

Growth And Profit Scaled

When you communicate the value of your CFO/CAS/FP&A services, focus on what matters to your clients. They are interested in growth, profitability, cash flow, and stability. They want to know if their business is on the right path and if not, how to get it there. Instead of presenting them with a service labeled as ‘CFO’, let’s talk about creating a “clear path to profitable growth”.

What does this clear path look like?

– It involves crafting a tailored financial strategy that aligns with their business objectives.

– It means proactive financial management that pinpoints risks before they turn into problems.

– It means optimizing operations, reducing costs, and improving cash flows.

– It means providing actionable insights to make informed decisions that will drive growth and profitability.

Translated

Translate Scaled

Instead of saying, “We offer CAS services”, tell your clients, “We can help manage your accounting so you can focus on running your business”. Instead of offering FP&A, tell them, “We provide financial analysis and forecasts to help you anticipate future scenarios and prepare for them”.

Speak in the language of solutions, not acronyms. This is how we can make our services not just understandable but truly relevant to our clients’ needs.

The Power of Personal Connection

Partners Scaled

Lastly, remember that relationships matter. Business owners don’t just buy services; they partner with individuals who they feel understand their unique challenges and objectives. Showing that you genuinely understand their business and are ready to help them navigate their financial journey can make all the difference.

By shifting our language to align more closely with the needs and perspectives of our clients, we can more effectively communicate the immense value that our ‘CFO’, ‘CAS’ and ‘FP&A’ services can provide. Let’s guide our clients down the clear path to profitable growth, using words that truly resonate with them.