Manage episode 290910412 series 2469663
In this episode, we're talking with David Richter of Simple CFO Solutions.
(Show Notes: REtipster.com/101)
David is a certified Profit First Professional. If you're not familiar with Profit First, this is essentially a financial management system for small businesses. Profit First was a groundbreaking book that was published back in 2017, and it’s one of those books I hear people reference time and time again because it has changed the way a lot of people think about their money.
David is actually under contract with Mike Michalowicz (the author of Profit First) to write the book on Profit First for Real Estate Investors. David's company provides fractional CFO services for real estate investors nationwide - meaning they perform the job of a CFO on behalf of your company at a fraction of the cost.
They can help you clean up your books, assess how healthy your company is in terms of profitability, empower you to manage your business finances based on the Profit First System, assess what business expenses are actually yielding an ROI, and tons more.
Needless to say, David has A LOT to bring to the table for us real estate investors, so we’re honored to have him on the show today!