Financial planning is essential for the success and sustainability of small businesses, providing a roadmap for achieving their financial goals. Through meticulous budgeting and forecasting, small businesses can anticipate challenges and seize opportunities with confidence. But how can they ensure their financial strategies adapt to the ever-changing business landscape?

Fractional CFO Kathy Svetina explores how women-owned small businesses can achieve financial sustainability. She highlights a common pitfall among small businesses, particularly those led by women, where they only focus on minimizing taxes rather than holistic financial planning. Kathy emphasizes the significance of embracing a broader perspective on finance beyond mere tax planning. This entails prioritizing future financial planning and analysis (FP&A), which is crucial for the long-term success and sustainable growth of SMEs.

In this episode of the Lead Like a Woman Show, Andrea Heuston hosts Kathy Svetina, Fractional CFO and Founder of Newcastle Finance, to talk about scrappy financial practices. Kathy discusses how she started New Castle Finance, why she focuses on women-owned businesses, and how to maximize your ROI with FP&A.