fractional cfo

Our guest is the Founder and CEO of PPS Solutions. His name? John Hannum. 

This episode reviewed the role of a CFO and the importance of financial planning and strategy in business operations. John Hannum, the founder of PPS Solutions, provided insights into the differences between a CFO, CPA, and bookkeeper, emphasizing the scarcity of CFOs compared to the high demand for financial acumen in small businesses. The conversation also explored the evolution from entrepreneurs managing all aspects of their business to the need for specialized financial expertise as companies expand. Hannum stressed the importance of understanding finance as a fundamental aspect of business growth and sustainability.

He also touched on the benefits of finding a CFO to work with and the importance of vetting candidates for industry experience and understanding of financial concepts. Hannum underscored the significance of regular interaction for businesses to maintain financial stability and the need for access to a CFO during crucial decision-making. The conversation also delved into the personal business backgrounds of the participants, with John sharing his formative experience working in his parents' business and the impact it had on his career trajectory. 

Finally, they discussed the development of the subscription model for PPS Solutions and the satisfaction Hannum derives from seeing entrepreneurs and businesses succeed. The conversation emphasized the collaborative nature of finance and the importance of having a financial perspective at the table for better results and planning in business operations. 

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PPS provides a strategic partnership to business leaders as well as administrative support to take the burden of running a business off the entrepreneurs who should be out growing the businesses they’re passionate about.

FOR A CONSULTATION VISIT ppsfinance.com

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The Lawyer Stories Podcast Episode 169 features Leah N. Miller, MBA, Founder & CEO of LNM Financial Services, a Fractional CFO for law firms focused on growth located in Fort Myers, FL, but assisting firms all over the country. Leah shares her story with us and how she gained valuable skills working as a CFO and paralegal for over ten years at a law firm.  Leah teaches us that “Revenue can be a rollercoaster,” and provides some tips for law firms to cut costs.  Leah is on a mission to help law firm owners become confident in their law firm finances and creates important and valuable content on her LinkedIn account. Special thanks to our sponsor Lex Reception, answering your telephone calls at all hours of the day and night.  Register with Lex and receive a special Lawyer Stories discount in your first month of service.

This week Chris speaks with Dan DeGolier, founder of Ascent CFO Solutions, a fractional CFO firm for growing companies. Ascent was recently named a "Fast 50 Company" by The Denver Business Journal. Dan has nearly 30 years of experience previously operating as a CPA with a global accounting firm and full-time CFO with multiple private companies in tech, SaaS, e-commerce and other industries. In this episode Dan shares what inspired him to launch his company, his experiences over the years evolving with Denver's growing ecosystem, a Colorado company he keeps his eyes on, plus what actions he takes to implement the values of his biggest lesson within his company and team.

Listen now on: Amazon Music (Alexa) | Spotify | Apple Podcasts 

Ascent CFO Solutions - https://ascentcfo.com/

Check out more about what we're up to at Range.vc 

Connect with hosts Adam and Chris and the Range VC team on LinkedIn 

https://www.linkedin.com/company/range-ventures/

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Having a finance team for your business is essential for success. It can help you manage your finances, plan for the future, and make sure you’re making the right decisions. But what exactly is a finance team? In this episode of Served Neat , Jen Hartmann interviews Adam, a CFO who specializes in helping agency owners with their finances. Adam explains the differences between a bookkeeper, accountant, tax director, and CFO, and the importance of having a finance team for businesses. Adam talks about the importance of cash flow planning, tax strategies, and the Hope Two Strategy. He emphasizes the need to consider culture when making acquisitions, and the importance of speaking the same language when it comes to finances. According to Adam, “It’s important to have a team that understands the language of finance and can help you make the right decisions.”

Today we discuss: 

• Is it essential to hire a bookkeeper from the beginning for proper financial management?
• Why is expertise crucial when it comes to tax strategies for agency owners?
• Why is open communication with clients about payment crucial, especially considering the seasonality of their marketing needs?

Plus so much more!

Connect with Adam

Follow them on Instagram @cfo_adam

Follow them on TikTok @cfoadam

Follow the company on LinkedIn - CFO Adam

Visit their website: adamkae.com

How To Get Involved:

Get ready to elevate your business game with Served Neat - the podcast that's all about taking your business to the next level! We serve up expert advice on sales, marketing, mindset, and business strategies to help you make six-figures and beyond.

Your host, Jen Hartmann, is the mastermind behind Neat The Agency. She's a PR strategist, coach, and marketing expert who helps business owners and their brands grow, scale, and succeed.

When Jen isn't busy leading her team, developing new strategies, or setting goals for her company, she can be found sipping on a glass of bourbon, exploring new places, and hanging out with her sweet pup, Bruin.

So, pour yourself a glass of your favorite bourbon and get inspired! Tune in to Served Neat to gain insider knowledge and learn how to start and grow your business like a pro. With Served Neat, taking your business to the next level has never been more fun!

Looking for more? 

Sign up for our weekly newsletter -  Neat The Agency

Connect with us on Instagram @neat_theagency

Check out our blog

If you’re ready to start using PR for your own business, book a call with us!

Running a successful e-commerce business continues to get more complicated - and more costly.   

The old days when a web strategy was little more than a simple online shop have morphed into a complex, hyper competitive business model.

Today, surging costs and few barriers to competitors have raised the stakes for e-commerce businesses.   That’s requiring new tools and new skills.

Meet Matt Putra is the CFO of eightx.co, which helps companies with that all important financial forecasting - so that leadership can make more strategic decisions and gain control over their cash flows.

He’s helped e-commerce brands around the world scale their businesses,  and has created  a financial model for a $750 million government fund concept.

Today Matt joins us on A Seat at The Table to discuss:

•How e-commerce businesses can gain better control over their cashflow - and preserve cash.

•Insider advice about negotiating with suppliers.

•Financing strategy for e-commerce businesses.

SPONSOR MESSAGE:

Having a strong financial plan is critical to the success of any business. However it’s also essential to have the right people who can execute on that plan and keep tight controls on your finances.

Finding those first rate financial managers is not that easy with the top talent being in big demand. 

That’s why many leadingenterprises and even medium sized businesses look to Asianet Consultants to help them recruit the right people for their finance departments. 

Asianet has decades of experience and a vast network that enables them to identify and reach out to talent that might otherwise not be accessible.

USEFUL LINKS:

Asianet Consultants:  https://asianetconsultants.com

Connect with Matt Putra:   linkedin.com/in/mattputra

eightx.co website:  https://www.eightx.co/

Visit A Seat at The Table's website at https://seat.fm

 Our next small business advisor this season is Byron Wolfe, the Founder of CFO-AF. He has a unique skill set that spans accounting, finance, and operations. He’s passionate about helping small businesses identify their financial goals and providing them with a roadmap for achieving them.

As a CPA and Fractional CFO, Byron cleverly navigates the irony of helping small businesses thrive in the present while also guiding them towards a profitable future that can include the exciting and ever-evolving world of crypto, NFTs, and the Metaverse.

In this episode, you will discover:

• The key difference between accounting and finance,
• What a fractional CFO does and how to hire one, 
• The competitive advantage of accepting cryptocurrency as a form of payment,
• How to make money with NFTs and in the Metaverse, and so much more!

Byron even shares what it’s like to work alongside his wife! After listening to him, you’ll understand why knowing what you want your business to look like in five years is critical to your business’s future. It provides a compass for managing finances, streamlining operations, and implementing profitable marketing strategies.

You don’t want to miss this one! You’re guaranteed to learn something you didn’t know about the link between business infrastructure and financial operations for achieving sustainable growth and scale. 

🔗 Access Show Notes Here. Visit BusinessInfrastructure.TV.

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© 2023. The Business Infrastructure podcast is sponsored by Equilibria, Inc. – a small business dedicated to providing resources to support fellow fast-growing small businesses in scaling back-office operations without pain and chaos. Sign up for the Smooth Operator Course to learn more about building business infrastructure.

Ben identifies four problematic factors that may actually be motivating you to create that shiny new dashboard helping you avoid sophisticated procrastination and redirect your efforts toward fixing the underlying issues.

This one is inspired by all the business owners who worry that they don’t know what they don’t know about numbers. I've distilled all this stuff down to a core of 6 topics based on my work with hundreds of business owners. 

In this episode, I'm going to give you a quick summary of each of these core areas so that you know what it is, why it helps, and what to do about it.

Shondra Washington is an emerging fund manager, investment banker and co-founder of TBC capital, an education-first advisory and consulting firm focused on fractional CFO’s business development and strategy services for venture-backed companies and small business owners.

She is now the CEO of Black@. With her experience in finance and advising startup founders on their fundraising strategy, Shondra joins the WorkSmart podcast to share her wisdom and tips for other entrepreneurs. Working capital, GAAP, Controllers and more: We walk through some of the basics of financial vocabulary and talk about why it's important to dive head in and make sure that you understand the basics of your business's finances. We’ll also get into the nitty-gritty of understanding your cash flow, pricing yourself and why having up-to-date financials is crucial.

You’re going to want to listen – and take notes. 

RESOURCES

LinkedIn

Website

Twitter

Instagram

To access this episode’s freebie and check out previous episodes, click here: https://morgandebaun.com/podcast/

Get coached by Morgan and other WorkSmart Advisors at: https://Worksmartadvisor.com 

To connect with Morgan click here: https://www.instagram.com/morgandebaun/ 

You know what they say: if you want something done right, do it yourself.

But what happens when you're so bogged down with the daily operations of your business that you don't have time to focus on long-term strategy? That's where a fractional CFO comes in—and it might be the best decision you ever make for your business.

However, hiring a fractional CFO isn't a quick fix to your financial adversities. A fractional CFO can help protect your company from costly mistakes and help it grow into the successful business you always dreamed it could be — but it's a strategic move. And as with any strategic asset, it's critical to understand when to utilize it or invest elsewhere.

In this episode of Her CEO Journey, Christina will share the powerful reasons why you should invest in a fractional CFO and how to hire the right person for this critical role.

If you want to find out if you should invest in a fractional CFO, this episode is for you!

3 reasons why you should listen to the full episode:

1. Find out five critical reasons to hire a fractional CFO.
2. Understand at a glance the value a fractional CFO brings to your company.
3. Learn four reasons a fractional CFO might not be best for you at the moment.

Episode Highlights

• [02:45] Why You Should Invest in a Fractional CFO
• [05:01] Why You Should NOT Invest in a Fractional CFO
• [07:49] How to Hire the Right Fractional CFO

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Connect With the Profit Reimagined Team

Ready to transform your purpose into an impactful business financial story, profit, and joy? Schedule a chat with the Profit Reimagined team.

A Forensic Account to Trust with your Trust

We have a very special guest on this episode, Mara Ballard, who shares the importance of choosing the right trustee for your trust account.  Trusts are a vital part of your business and Mara explains why you need to set one up if you want to protect your assets.  She also provides Fractional CFO services for real estate investors.  A Fractional CFO assists your business in determining key metrics and goals backed by an action plan.

Mara Ballard is a Forensic Accountant / Fraud Examiner – Litigation support for attorneys related to financial matters including divorce, collections, Estates/Trusts lawyer trust (IOLTA) accounts and embezzlement from businesses.  She is also a Consultant - Specializing in review, design, and implementation of accounting systems for small businesses; office reviews and implementation of internal controls and risk management policies for solo and small businesses.

To learn more about Jen Josey, visit www.TheRealJenJosey.com

To join REIGN, visit www.REIGNmastermind.com

As a business owner, you know there are a lot of important decisions to make, and not enough hours in the day to make them all. That’s why it’s crucial to have someone you can trust to help you make sound financial decisions for your business. Enter the fractional CFO.

But don’t let the name fool you: a fractional CFO isn’t just for businesses that are struggling with their finances. In fact, there are a number of benefits to having a fractional CFO—regardless of your business’ size or stage of development. In this episode of Her CEO Journey, Christina will share the seven benefits of investing in a fractional CFO.

If you want to learn how a fractional CFO can help you reach financial stability and elevate your business, this episode is for you!

3 reasons why you should listen to the full episode:

1. Learn the benefits of hiring a fractional CFO.
2. Discover how a fractional CFO can help with your finances and mission.
3. Determine whether or not you need a fractional CFO.

Episode Highlights

• [02:23] Benefit #1: Proactive Planning for Smoother Cash Flow 
• [03:26] Benefit #2: Analyzing Financial Statements 
• [04:31] Benefit #3: Better Budgeting and Financial Forecasts 
• [05:37] Benefit #4: Problem Solving Together
• [07:40] Benefit #5: Saving Time and Resources
• [08:49] Benefit #6: Reducing Overall Business Risks
• [09:55] Benefit #7: Unique Financial Expertise

Enjoyed This Podcast?

Write a review and share this with your friends.

Connect With the Profit Reimagined Team

Ready to transform your purpose into an impactful business financial story, profit, and joy? Schedule a chat with the Profit Reimagined team.

Business today is getting more and more competitive and owners and managers must be able to watch their bottom line if they are to survive.   Sometimes that's difficult if you are a smaller business and you need to do everything you can in order to grow.

Most larger businesses have a CFO to keep them on the right side of the cash equation.  The problem with smaller businesses?   They can't afford a top talent CFO, so they end up having a bookkeeper or their account perform those duties.  Things slip through the cracks.

Today's episode is a different way for start-ups and smaller businesses to be able to not only keep tabs on their cash, but also cash planning and other items that larger companies can do - all at a "fraction" of the cost.

Today's guest is Patricia Tatro.  Patricia has numerous years of experience as a controller at some of the larger companies in the US - she knows her stuff.    She is now a "fractional CFO" and now divides her time and her team's time between several clients, allowing all to receive the benefits of a high caliber (and highly paid) CFO, without having to pay the high costs.   

Patricia explains what it means to hire a Fractional CFO, how the process works, and payment arrangements.   You may find that your company should consider having top talent at affordable rates to help your business grow.

If you need to contact Patricia, you can reach her at:

(612) 440-9186
ptatro@resolve-works.com
www.resolve-works.com