Luke Boyenger

Luke Boyenger, an Expert Fractional CFO, shares his wealth of knowledge on cash efficiency and smart financing options. He tackles the misconceptions around business funding and stresses the importance of assessing your business model, pointing out potential red flags. Luke highlights the value of building strong banking relationships, navigating lines of credit versus SBA loans, and the risks of using HELOCs for business. He also discusses innovative ways to manage expenses and maintain healthy cash reserves, ensuring listeners can optimize their financial strategies.

In this engaging discussion, Luke Boyenger, a fractional CFO and financial strategist at Kruzumi, shares his journey from witnessing his family's business collapse to saving others from similar fates. He emphasizes that chasing revenue can jeopardize profitability and highlights the importance of aligning business models for growth. Luke discusses how simple financial reviews can be transformative and reveals how many entrepreneurs leave significant profits on the table. His insights on cultivating profit-first habits provide essential guidance for founders seeking stability and success.