Small Business CFO

Guidance from an experienced CFO in small and medium-sized businesses.

[Small Business CFO @smbcfo]

I was where I do my best thinking (in the shower obviously) and wondered if I followed @smbcfo and who that might be. After some digging, I figured out I'd signed up for it in 2014. 😆 So here we go!

[Small Business CFO @smbcfo]

@Codie_Sanchez Nucor-Yamato Steel (JV mini-mill in Arkansas) for a tangible, sustainable business.

[Small Business CFO @smbcfo]

You'd get to interact with a great group of people at @PermanentEquity

[Permanent Equity Jobs @PermEqJobs]

Tag your accounting friends, this one's a fun one!

Position: Controller
Company: 75M Portfolio Company of @PermanentEquity, Specialty Construction Industry
Location: Dallas, TX

https://t.co/rTKjvxao9U

[Small Business CFO @smbcfo]

@SecretCFO 100%. Communications skills separate those who hit the ceiling at Controller and those who can move into the C suite.

[Small Business CFO @smbcfo]

@SecretCFO Nice job. Love the work you've put in. We aspire to sell to you in your roll up once your organic growth curve starts to flatten.

[Small Business CFO @smbcfo]

@bradford_hardin This was a big thing with farmers when I was growing up. My granddad and dad would hit a rotating group of coffee shops/bbq places/seed companies. (Dad and granddad where rarely at the same one).

[Small Business CFO @smbcfo]

@shawngorham Oh 100%. Currently drive a 2000 LC in beautiful shape.

[Small Business CFO @smbcfo]

Other recruiters should learn from what @birchard_tom is getting from this firm. I'm sure it's premium priced, but the work the firm puts in saves everyone money, and most importantly, time. They use the @predictiveindex too, which is a great tool.

[Tom Birchard @birchard_tom]

Most important thing for me when partnering with 3rd party recruiter is them heavily vetting for quality candidates

Time is too valuable for a bunch of phone interviews

Feels great getting a 10 page report on candidate before ever talking to them. It’s like I know them already!

[Small Business CFO @smbcfo]

@birchard_tom This is valuable and relevant to me right now. I'm curious what this costs and if this is retained or a success fee? DM if you prefer. Thanks!

[The Secret CFO @SecretCFO]

1/ I’m new here so thought I’d introduce myself.

I’m a career corporate CFO.

I specialise in very large private businesses (10 figure+ revenue biz)

I’ve been lucky to work with billionaire entrepreneur CEOs, and some outstanding listed CEOs

#accounting #accountant #finance

[Small Business CFO @smbcfo]

@RegZeller The complexity of growing the larger family business combined with the startup experience helped me greatly. 3/2

[Small Business CFO @smbcfo]

@RegZeller From there I jumped to a family owned business that was trying to grow value and sell. I was focused on growth, not accounting. Doubled revenue and they sold for 4x to PE. I can do the books in my sleep like most bookkeepers. My value is starting businesses and growing cashflow

[Small Business CFO @smbcfo]

@BillDA @landforce I use the Uline flash light led combo with a magnet and hook constantly. I'm sure I actually paid $200 for it...

[Small Business CFO @smbcfo]

@SteveWiesnerSMB Based on SMB twitter, it's 50 $1mm businesses that gets you there.

[Small Business CFO @smbcfo]

@SMB_Attorney @ChandlerReedSMB Totally agree on #2 in the deals I've been in on. In my experience, many unsophisticated sellers are scared off by R&Ws. They need you!

[SMB Attorney @SMB_Attorney]

So, you want to buy a $1+ million business and quit the rat race?

Let's talk about structuring the purchase.

Getting it wrong could result in unknown liabilities, loss of acquired assets, and serious tax consequences.

This thread could actually save your skin...

[Small Business CFO @smbcfo]

Thanks @RegZeller for the boost (and the accompanying high expectations). Headed to take my firstborn to college today so I won't have a lot to say this week. Yes, I should have timed my debut better. No, I didn't plan on such a strong group of followers. Thank you for following.

[Small Business CFO @smbcfo]

@Agency_CFO @bhallcpa @patrickdichter @ChrisHervochon @ConnorAbene @CPATaxTeam @JStaatsCPA Man. Your followers are on top of things. In my experience, CPA firms are the worst communicators.