Keep What You Earn Tools to Unlock 10X Growth in Your Business with Jim Emerich
Today we are sitting down with the incredibly knowledgeable Jim Emerich, founder of Backbone CFO. From accidental guru to virtual financial maestro, Jim has carved a niche in helping businesses achieve exponential growth. Do you struggle with cash flow forecasting? Are the financial complexities of growth leaving you overwhelmed? Well, Jim's got the tools and insights that could unlock a 10X revolution in your business. And if you've ever considered the fractional CFO world, Jim's personal journey is a template for success.
Jim has held positions such as Chief Financial Officer and Vice President of Finance, has been exposed to financing efforts up to $100 million dollars, mergers and acquisitions, multi-year strategic planning, and more. Despite a decade of success in corporate finance, when he fell asleep at work, he knew he didn't want the mundane and decided to embark on his entrepreneurial journey. He's a husband, father of five, and the founder of Backbone CFO which he launched in 2020 with the aim of helping business owners align with the right person and strategy to find financial clarity, time, and fulfillment.
LinkedIn: https://www.linkedin.com/in/jamesemerich/ Website: https://www.backbonecfo.com
What you'll hear in this episode:
04:30 Quit job, started business, time to trust.
07:39 Businesses need to plan and track finances.
12:58 Entrepreneurs need mindset shift for financial decisions.
13:55 "Consider business expenses and goals accordingly."
17:27 Entrepreneurs should bring in specialist assistance.
22:52 Challenging, rewarding environment for entrepreneurial tax professionals.
If you like this episode, check out:
How to Create More Accurate Forecasts
Why Building a Sellable Business Should Be Your Goal
How to Know if a CFO Power Session is for You
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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.