The Financial Operator
The Financial Operator: Cash In, Chaos Out Podcast | Episode 66 | How I Scaled a Plumbing Business & Sold It in 5 Years with Mitch Smedley ๐๏ธ In this episode of The Financial Operator Podcast, host Jen Fizer sits down with plumbing entrepreneur and business coach Mitch Smedley. Mitch shares how he launched his plumbing company in 2020 with just $30,000 from a home equity line of creditโand grew it into a thriving, sellable business within five years. ๐ฟ๐ผ From financing vans and managing COGS to building a YouTube following that caught the attention of Ford Motor Company, Mitch...
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The Financial Operator: Cash In, Chaos Out Podcast | Episode 65 | Unleashing Efficiency: Mastering Business Systems with David Forster ๐๏ธ In this episode of the Financial Operator Podcast, host Jen Fizer welcomes fractional coo and operations expert David Forster. David shares his incredible journey from a tree-cutting side gig to successfully running and selling multiple businesses, including landscape companies and a bike shop. He delves into the importance of efficient systems for business operations and personal well-being, highlighting how such structures can save time, reduce...
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The Financial Operator Podcast: Cash In, Chaos Out | Ep. 64 | Selling Businesses With Purpose & Profit Link to video podcast episode: Empowering Women in M&A: Rachel Boynton's Inspiring Journey ๐ผโจ ๐๏ธ Welcome to the Financial Operator Podcast: Cash In, Chaos Out! Join host Jen Fizer as she talks with Rachel Boynton, a former human services worker turned business broker, about her journey from starting a home care service to building her own M&A firm. Rachel shares insights on how to prepare a business for sale, avoid common pitfalls, and the importance of tracking...
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The Financial Operator Podcast: Cash In, Chaos Out | Ep. 63 | Unlocking Potential With Virtual Staffing Solutions Link to video podcast episode: ๐ Join us as we kick off our newly branded podcast, 'The Financial Operator: Cash In, Chaos Out', with our inaugural guest, Scott Rammage from Hire VP! In this episode, Scott dives into his entrepreneurial journey, sharing insights on overcoming work-life balance challenges, leveraging virtual professionals, and the importance of believing in oneself. From starting multiple businesses to mastering the art of delegation, Scott reveals...
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Inside the Deal: Journeys in Business Acquisition | The MKB Podcast | Episode 62 Link to video podcast episode: ๐๏ธ In this insightful episode, host Jen Fizer and her guests, Micah and Drew Clukey, dive deep into the nuances of buying and selling businesses. ๐ผ The discussion highlights the importance of leveraging personal networks and the unique value brokers can bring in specific situations. It also covers crucial considerations when partnering in business, such as assessing compatibility and understanding the financial implications. Real-life experiences and lessons are shared,...
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Behind the Buy: Business Acquisition Insights | The MKB Podcast Episode 61 Link to video podcast episode: ๐Join host Jen Fizer for her debut episode on the MKB podcast! Jen, now also the new CEO of MKB, welcomes Micah and Drew Clukey of Clukey and Tebault to discuss the intricacies of business acquisitions. ๐๏ธ The conversation covers essential steps in the due diligence process, the importance of having a solid foundation for financial management ๐, and the challenges and opportunities in selling to private equity firms or individual buyers. Drawing from their own experiences...
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Profit Pitfalls: Overcoming Financial Missteps | The MKB Podcast Episode 60, Season 7 Welcome back to another episode of The MKB podcast! In this episode, host and current CEO of MKB, Mills Bender, is joined again by entrepreneur Trevor Cowley. Together, they dive into the critical aspects of business finance, accounting, and bookkeeping. Trevor shares his extensive experience across various industries, emphasizing the importance of detailed financial oversight. They discuss common issues like business owners not keeping track of finances, the challenges at different levels of business growth,...
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Mindset Mastery: Turning Adversity Into Achievement | The MKB Podcast Episode 59, Season 7 link to video podcast episode: Welcome to Season 7 of The MKB Podcast! Host Mills Bender, founder and current CEO of MKB, discusses strategies for business owners and variable income earners to manage their finances effectively. Join host and current CEO Mills Bender in this episode as she chats with entrepreneur Trevor Cowley about what it takes to be a successful business owner. Trevor shares his inspiring journey of turning a debt-ridden business into a seven-figure success and how resilience,...
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Transition Talk: A New Era for MKB | The Mills Knows Bills Podcast Episode 58, Season 7 Link to video podcast episode: https://youtu.be/J1-d4vWCbd0 Join us in this special episode of The Mills Knows Bills podcast, where Mills Bender, the current CEO of MKB, records her final show before passing the torch to the new CEO, Jen Fizer! In part two of an interview with Sean Casper, Mills takes the hot seat, revealing insights into the role of a fractional CFO, the growth of Mills Knows Bills, and her personal journey into financial literacy. Learn how MKB has assisted blue-collar businesses...
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Alternative Investments Made Accessible | The Mills Knows Bills Podcast Episode 57 Welcome to Season 7 of The Mills Knows Bills Podcast! Host Mills Bender, founder and current CEO of MKB, discusses strategies for business owners and variable income earners to manage their finances effectively. Join Mills in this episode as she sits down with Sean Casper, a seasoned real estate professional and partner at Coastal Investment Company, a private real estate investment firm. Sean shares his journey from starting in residential real estate during the recession to managing 3000 agents at Compass, and...
info_outlineThe CFO Advantage: Key Benefits Explored | The Mills Knows Bills Podcast Episode 56, Season 7
Link to video podcast episode: https://youtu.be/M3UoU0XFumY
Welcome to Season 7 of The Mills Knows Bills Podcast! Host Mills Bender, founder and current CEO of MKB, discusses strategies for business owners and variable income earners to manage their finances effectively.
In this episode, Mills continues her insightful discussion with Paul Childers, owner of BlueSky Biz Solutions. Paul dives into essential questions about business finances, including why business owners delay seeking financial help, the roles of bookkeepers, CPAs, and CFOs, and how CFOs can provide real value to growing businesses. They discuss the critical differences between reactive and proactive financial management, and how hiring a CFO can bring peace and enable business growth. Tune in to hear valuable advice on choosing the right financial experts and managing your business finances effectively.
For more personalized advice, contact Paul through his social media or website:
https://blueskybizpro.com/
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Do you have your own financial questions for MKB? Please visit:
Website: https://mkbcfo.com
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LinkedIn: https://www.linkedin.com/company/mkbcfo
00:00 Introduction and Guest Overview
01:06 Why Business Owners Delay Financial Help
04:57 Identifying Financial Issues
06:35 The Role of Bookkeepers, CPAs, and CFOs
11:46 Impact of a CFO on Business Growth
16:27 Choosing the Right CFO
18:12 Conclusion and Final Thoughts
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