TFU 026: Spencer Sheinen: Showing businesses that accounting is not their nemesis but actually thier best friend.
Listen now
Description
This month we have Spencer Sheinen, of Shift Financial Insights. Spencer is also the author of the # 1 Amazon best-selling book “ Entreprenumbers” Spencer Sheinin, CPA, CA, has a unique background with over 15 years as an entrepreneur combined with extensive financial experience as a CPA, CA and investment banker. He is the Founder and CEO of Shift Financial Insights, providing ridiculously simple accounting and financial insights for business on the rise. On the podcast Spencer talks about businesses coming out of a down cycle, seeing their sales pick up, and running into cash flow problems. If they go to a bank to cure those cash flow problems, they need to have a good funding package in place. We will discuss what should be in that funding package which includes “the story”, an explanation of why the business got in trouble, and how it can get out of it. In addition the importance of having sound financial reports. I hope you enjoy our conversation with Spencer because I really did. Seth Block, Founder, The Funding University About The Funding University: The mission of The Funding University is to Enable Funding around the world. Hosted by Seth Block, CPA. Visit The Funding University: https://www.thefundinguniversity.com Get Access To: 1. Blog: https://www.thefundinguniversity.com/blog 2. CPE Courses & Modules: https://www.thefundinguniversity.com/cpe 3. TFU Masterclass: https://www.thefundinguniversity.com/masterclass 4. Funding Expert Certification: https://www.thefundinguniversity.com/certification
More Episodes
Today we tackle an issue that is causing headaches for companies when they go to get new financing. That is a UCC filing popping up that the business owner was not aware of. This turns out to be from secondary lenders, such as Merchant Cash Advances, or in some cases their vendors. I will...
Published 09/10/24
Today we welcome Ross Mcclain of Rapid Business Systems to the podcast. Ross explains to us what a feasibility study is, and the importance of having a credentialed firm do the study so that the bank will accept it and what is involved in it. Ross gives us some highlights of feasibility studies....
Published 08/06/24