

For New Sellers: The Role of Your Accountant in the Sale of Your Business
Sep 6, 2024
John Hannum, a fractional CFO, shares valuable insights on how financial professionals can significantly impact business growth and sales. He explains the distinct roles of accountants, controllers, and CFOs, emphasizing the importance of clean financials for maximizing company value during sales. Listeners learn about the strategic advantages of hiring a fractional CFO, common pitfalls sellers face, and key preparatory steps for a successful business sale. Hannum's expertise helps clarify why proactive financial leadership is essential for entrepreneurs navigating M&A.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9
Intro
00:00 • 2min
The Accountant's Impact on Business Transactions
01:41 • 14min
Understanding Financial Roles: From Bookkeepers to CFOs
15:11 • 3min
Navigating Financial Leadership in SMEs
18:02 • 10min
Hiring a Fractional CFO: When and Why
27:49 • 4min
Navigating Financial Dynamics in Business Sales
32:12 • 11min
Preparing Your Business for Sale: Financial Insights
42:42 • 2min
Preparing Financially for a Business Sale
44:51 • 12min
The Importance of Fractional CFOs in Business Sales
56:28 • 3min