Quote

“We were growing, I was wearing a lot of hats, and I started to realize our finances should be doing better.” - Greg Bear 

The finer details of this episode 

• How Bear Group got started and their experience as a remote company 
• Their process of hiring a CFO 
• How Summit CPA has helped Bear Group to uplevel their business 
• New financial management tricks Greg learned during the onboarding process 
• Bear Group’s financial workflow 
• Factors that attributed to fast cash growth for The Bear Group 
• What to consider if your business is looking to hire a CFO 

Episode resources

• Summit CPA website - www.summitcpa.net
• Email us with questions/comments- [email protected]

Quote

“I have the ability to play financial offense for clients, getting them the cash they need to continue to grow.” - Dan Kalis

The finer details of this episode 

• How to create good relationships with your bank
• Keeping your business in a good financial position
• The three C’s of lending
• The importance of building your business credit profile
• What to do when you don’t have the capital to grow your business
• When you should borrow from a bank and when you should go a different route
• Creative ways to meet your business’s cash needs

Episode resources

• Summit CPA website - www.summitcpa.net
• Email us with questions - [email protected]

Quote

“Scope out the wifi situation before you arrive somewhere. The worst workweeks have been when I had to use my phone hotspot to work.” - Mikala Paige 

The finer details of this episode 

• Angie and Mikala’s stories and how they joined Summit CPA 
• Tips for creating a remote/travel lifestyle 
• Things to research before moving to a new location 
• How Angie worked from a van 
• Having a social life when you work remotely and travel 
• Challenges and advantages of working remotely and traveling 
• Equipment you will need for remote work 

Episode resources

• Summit CPA website - www.summitcpa.net  
• Email us with questions - [email protected]   

Quote

“You have four professionals under one roof, so if you can’t genuinely respect and understand everyone’s industry, you are going to have a hard time implementing family services into your office” - Michael Frost 

The finer details of this episode 

• Why bringing in a family office may be a good compliment to what you are doing as a VCFO
• Where to start with moving towards a family office 
• The relationship the CPA firm has with the other professionals 
• How building a family office creates a better client experience 
• How professionals are able to serve each other within a family office 
• Best practices for onboarding a client onto a family practice 
• Questions to ask to determine if someone is going to be a successful partner 

Episode resources

• Summit CPA website - www.summitcpa.net  
• Email us with questions - [email protected]   

Quote

“The time you spend on EOS tools, you are going to save that time and more in the long run.” - Tom Barrett

The finer details of this episode 

• How to determine if your organization needs EOS 
• The process of implementing EOS 
• Advantages of working with an EOS implementer 
• The six key components of EOS 
• Setting priorities using the EOS model 

Episode resources

• Summit CPA website - www.summitcpa.net  
• Email us with questions - [email protected]   
• Navigate the Journey - https://navigatethejourney.com/

Quote

“We need to be committed to the boring stuff in our business because it is the backbone of how everything runs.” - Emily Morgan 

The finer details of this episode 

• Tips for small businesses on delegating their admin tasks 
• Advantages of having a virtual assistant 
• How to start delegating some of your admin work in your business 
• How to get comfortable letting go of tasks in your business 
• What the day-to-day looks like working with a virtual assistant 

Episode resources

• Summit CPA website - www.summitcpa.net
• Email us with questions - [email protected]  
• Delegate Solutions - https://www.delegatesolutions.com/

Quote

“Intentionally fostering serendipity in a distributed company will help keep isolation at bay.” - Matt Westgate

The finer details of this episode 

• What brought Matt to Summit CPA 
• Why Lullabot decided to become a distributed company 
• The benefits of working with a distributed team
• Maintaining company culture when your team is distributed
• The evolution of the Lullabot leadership team 
• How Matt pulled his company out of financial hardship 
• Creating psychological safety in your company culture 

Episode resources

• Summit CPA website - www.summitcpa.net
• Email us with questions - [email protected]   
• Lullabot - https://www.lullabot.com/

Quote

“Every metric tells you what button you need to push to make yourself more profitable.” - Justin Hatch

The finer details of this episode 

• What Reach Reporting does for its clients
• How Summit CPA found Reach Reporting and why it is so important to us
• Why visual, simple reports are such important tools for CPA firms
• How you can get Reach Reporting set up in your firm

Episode resources

• Summit CPA website - www.summitcpa.net
• Email us with questions - [email protected]
• Reach Reporting - https://www.reachreporting.com/

Quote

“Cash flow tools allow you to help every client with short term forecasting.” - Justin Pulgrano

The finer details of this episode 

• Why cash flow is a critical piece of data to collect for your business
• What makes Finagraph a great tool for measuring cash flow
• What the setup of Finagraph looks like
• The disadvantages of accrual statements
• Why you should manage cash flow using a tool instead of a spreadsheet
• What is next for Finagraph
• Why cash is so important in these times

Episode resources

• Summit CPA website - www.summitcpa.net
• Email us with questions - [email protected]
• Finagraph - https://www.finagraph.com/
• Contact Justin - [email protected]

Quote

“The three legs of the stool are culture, tech and tools, and client backgrounds.” - Adam Hale 

The finer details of this episode 

• How to communicate your core values with a new employee 
• The process for teaching new employees the tools and systems 
• What the schedule looks like for a new employee during their first weeks 
• Providing real-time feedback to new employees 

Episode resources

• Summit CPA website - www.summitcpa.net
• Email us with questions - [email protected]