In this episode, we sit down with Colin Sanburg, a serial entrepreneur and Founder of FinElevate. This fractional CFO firm helps business owners create data clarity and train their teams while increasing profitability and cash flow. As CEO and owner of manufacturing, distribution, and service businesses, he developed a passion for helping small business owners create better businesses and more freedom.
In this episode, you will learn the following:
- Matching principle to align revenues and expenses accurately.
- Challenges of cash basis accounting for small businesses
- Having the entire team committed to the business’s structured processes.
- The value of having an integrated dashboard or scorecard system like EOS.
- Simplified financial analysis through common size percentages.
Links:
https://www.linkedin.com/in/colinsanburg/
https://www.facebook.com/the.finelevate/
https://www.instagram.com/the.finelevate/
https://www.linkedin.com/company/finelevate/about/
Watch the full episode on YouTube: https://www.youtube.com/@profitanswerman
Sign up to be notified when the next cohort of the Profit First Experience Course is available!
Profit First Toolkit: https://lp.profitcomesfirst.com/landing-page-page
Relay Bank (affiliate link): https://relayfi.com/?referralcode=profitcomesfirst
Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/
My podcast about living a richer more meaningful life: http://richersoul.com/
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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