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 – http://www.BakerCFOadvisory.com and Infinity Commercial Capital – http://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:
http://www.InfinityCommCapital.com
http://www.BakerCFOadvisory.com
Watch the full episode on YouTube: https://www.youtube.com/@profitanswerman
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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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