Ep 209 Improving Cashflow and Borrowing More with Karl Baker
Profit Answer Man: Implementing the Profit First System!
English - March 26, 2024 10:00 - 38 minutes - 35.8 MBEntrepreneurship Business Investing cfo cashflow chiefprofitabilityofficer profitfirst Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Improving Cash Flow and Borrowing More with Karl Baker
W. Karl Baker, CPA, has spent 30+ years serving a variety of businesses. Karl has performed a wide array of services, including commercial loan advisory services, loan preparation and positioning services, interim CFO and controller services, business office process improvements, revenue stream analysis and improvement initiatives, merger & acquisition analysis and valuations, due diligence, strategic planning, financing assistance, market demand assessments, financial feasibility studies, tax planning, and financial statement audits.
He is a real estate investor and also owns 2 companies: an accounting consulting firm Baker CFO Advisory, LLC – www.BakerCFOadvisory.com and Infinity Commercial Capital - www.InfinityCommCapital.com.
He is a licensed Certified Public Accountant in Missouri and Massachusetts.
In this episode, you will learn the following:
● The necessity for small businesses to approach lenders from a position of strength rather than desperation.
● Operational aspects of business such as scheduling strategies, managing resources, and using KPIs and dashboards for smarter financial decisions.
● The need for understanding and utilizing business data effectively.
● The Four C’s that can impact a loan application: credit, capacity, collateral, and character.
● Alternative lending options are explored for non-traditional situations and proper bookkeeping for securing bank credit.
Links:
Hi, I'm the Profit Answer Man Rocky Lalvani!
I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz
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This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at
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Music provided by Junan from Junan Podcast
Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.
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