Driving Profit and Cash Flow with Colin Sanburg

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/

www.finelevate.com

 

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! Check out our website: http://profitcomesfirst.com/ Questions: [email protected] Email: [email protected] 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/ Profit First Toolkit: click here to sign up 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. #profitfirst