Ep 237 Breakout Valuation with Patrick Donohue
Profit Answer Man: Scaling with Profit First & Beyond
Release Date: 10/08/2024
Profit Answer Man: Scaling with Profit First & Beyond
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Profitable Entity Structures with Alex Langan In this episode of The Profit Answer Man, we sit down with Alexander Langan, an attorney and financial advisor who brings a unique perspective to wealth management and strategic financial planning. As the Chief Investment Officer of Langan Financial Group, Alex is well-versed in helping business owners build sustainable financial strategies. Our conversation covers the importance of aligning financial, tax, and legal strategies, the impact of business entity structures on profitability, and how business owners can adopt a Profit First...
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Scaling Success: Transforming Your Business into a Powerhouse with Courtney De Ronde Welcome to another insightful episode of The Profit Answer Man! In this episode, we sit down with Courtney De Ronde, CEO of Forge Financial and Management Consulting, to discuss the crucial intersection of financial management and business growth. Many businesses struggle not with generating revenue but with understanding what their numbers mean and how to take action on them. That’s where Courtney and her Simple ScaleUp System™ come in, helping business owners move from financial confusion to...
info_outlineBreakout Valuation with Patrick Donohue
In this episode, we dive into the remarkable journey of Patrick E. Donohue, an entrepreneur and valuation expert, embarked on his financial journey with a lemonade stand at age four and invested in Coca-Cola shares by age ten. Equipped with a Chartered Financial Analyst (CFA) designation, Patrick has emerged as a reliable investor, adept stock analyst, and valuable advisor to various entrepreneurial endeavors. As the visionary founder of Hill Capital Corporation, a private investment fund supporting emerging growth companies, he brings a wealth of unique insights into the intricacies of finance and business dynamics. Patrick’s dedication extends to serving on the boards of the Entrepreneurs’ Organization of Minnesota and the CFA Society of Minnesota, and he’s the driving force behind the creation of 1 Million Cups Eden Prairie. Connect with Patrick at BreakoutValuation.com to tap into his wealth of experience and expertise.
In this episode, you will learn the following:
- Significance of maintaining cash reserves for business stability.
- Concept of the cash balance trifecta (current cash, accounts receivable, accounts payable).
- Common misconceptions about business growth and revenue.
- Economic challenges affecting small businesses and cash flow.
- Value of a cash cushion as a strategic asset.
- Importance of pricing strategies and identifying profit pools.
- Role of external advisors in enhancing financial decision-making and vision clarity.
Links:
https://www.linkedin.com/company/hill-capital/
https://www.linkedin.com/in/patrickedonohue/
X: @HillCapitalMN
Facebook: https://www.facebook.com/hillcapitalcorp
YouTube: https://www.youtube.com/channel/UC1i0YR0FviOENu8b9ISDoUQ
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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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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