In this episode of The SmallBizChat, Melinda Emerson welcomes Kellé Thorpe to discuss the vital role of fractional CFOs and accounting in small businesses. They explore common financial mistakes and effective cash flow management strategies. The conversation delves into tracking essential financial metrics and navigating the process of seeking funding. Kellé shares strategies for revenue […]
The SmallBizChat Podcast: How to Take Over a Family Business with Karla Trotman
In this episode, Melinda Emerson welcomes Karla Trotman to discuss her journey with Electrosoft and the transition into the family business. Karla shares insights on leadership changes, building an advisory board, and overcoming skepticism. The conversation delves into family dynamics, succession planning, and financial strategies essential for sustaining a family business. Karla also discusses her […]
The SmallBizChat Podcast: What is Premium Financing with Dr. Verneka Murphy
In this episode, Melinda Emerson is joined by Dr. Verneka Murphy to explore the concept of becoming your own bank through premium finance. The discussion begins with an overview of how life insurance plays a crucial role in this financial strategy. Dr. Murphy delves into the potential risks and impacts of premium financing on estate […]