In this episode, Melinda Emerson welcomes Sharif Small to discuss essential growth strategies for small business owners. They explore the significance of financial planning and efficient systems, highlighting common areas where entrepreneurs may be missing out on potential income. The conversation shifts to building generational wealth and effective tax strategies for safeguarding and increasing profits. Sharif also elaborates on the benefits of employing a fractional CFO. Sponsored by Zoho One.
Sharif J. Small is a Tax Wealth Strategist, Fractional CFO, Real Estate Developer and Investor, and M&A Business Advisor with more than 20 years of experience leading a tax accounting, real estate development, and business mergers and acquisitions advisory practice. Sharif is passionate about helping small, minority, and veteran-owned businesses start, grow, and successfully acquire and scale companies. His mission is to empower entrepreneurs to build generational wealth, achieve financial freedom, and leave a legacy through sound financial strategy, ownership, and investment. For more information, go to www.sjsfinancialfirm.com
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This week on SmallBizChat Podcast:
- Ensure your financial house is in order by maintaining a solid bookkeeping system, budgeting, and building good credit.
- Consider acquiring existing businesses, especially those with buildings, to leverage collateral and create multiple income streams.
- Engage in proactive tax planning throughout the year to minimize tax liabilities and protect your business assets
Resources Mentioned:
Online Courses: https://smallbizladyuniversity.com
Connect with Sharif J. Small:
Website: https://www.sjsfinancialfirm.com
LinkedIn: https://www.linkedin.com/in/sjsfinancial
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