Ep 146 Improving Profit and Cashflow with Nate Jenson

01/17/23 • 38 min

Profit Answer Man: Scaling with Profit First & Beyond

Today we are focused on improving profit and cashflow for you. The core is we need good data, then we need to review the data, and most importantly, we need to take action. Each of these areas has its problems and issues, and we will chat about that along with how you can improve it.

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 Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questions: [email protected] Email: [email protected] Bio: Nate Jenson has a masters degree in Forensic Accounting, he’s a Certified Management Accountant, and is Certified

in Strategy and Competitive Analysis (through the Institute of Management Accountants). But more importantly, he has somewhere around 30,000 hours of helping small business owners understand what’s driving or inhibiting their profitability and cash flow and what to do about it. He has built and sold 3 bookkeeping and CFO companies having helped over 50 companies to get insight into their profitability. His current focus is providing this insight in a more automated way so that companies that need the insight but can’t quite afford a fractional CFO, can still have a clear picture of what they need to change to improve their profitability. Links: www.zerotocfo.com

Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ First 2 chapters of Profit First: https://sendfox.com/rocky This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.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.

Previous Episode

Ep 145 How to Improve Cashflow Management with Seneca Hampton

Cash is king, and today we are going to chat about that. Growth takes cash, and no one talks about how much cash you need to grow and how growth can bankrupt your business. We will cover that and more with an experienced entrepreneur who has been through it and has also been on Shark tank!

Seneca Hampton is an entrepreneur with multiple 7-8 figure businesses, from eCommerce to Logistics, Consulting and Speaking. He is responsible for over One Quarter of a Billion Dollars in Sales and has touched over 5,000 products in over 20 different categories. With over 10 years of Digital Marketing, Sales, and Business Operations Experience, he knows a thing or two about how to build from ‘idea’ to multi-million-dollar success. Most known for his appearance on ABCs Shark Tank where he pitched his Sports Medicine company, Hampton Adams. Where Seneca demonstrated how he built an online eCommerce-based business that serves a rapidly growing 600,000 customers, has produced over $15,000,000 Dollars in Revenue, has zero employees and only demands 30 minutes of his time per month. All from scratch with $700 dollars to his name.

Next Episode

Ep 147 Is Your Business Profitable Enough to Sell with David Barnett

Well run businesses are fun to own and I don't care if you want to sell your business a sellable business is just fun to manage. For one, it's profitable. Second it doesn't require you to put out fires every day and you get to take a vacation! That's our goal for you!

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 Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes More about making profitability simple: http://profitcomesfirst.com/ Questions: [email protected] Email: [email protected] Bio: David Barnett has been working with small and medium-sized businesses for over 20 years. He has helped entrepreneurs buy and sell them. He has helped them grow. He has helped people finance them. He is the host of a YouTube channel with hundreds of videos about buying, selling, financing and managing small and medium sized businesses and can be found anytime at his blog site

www.DavidCBarnett.com.