The Modern CPA Success Show
Summit Virtual CFO by Anders
Are you the owner of an accounting firm? Do you want to make your firm more profitable? Are you interested in providing Virtual CFO services to clients?Dedicated to perfecting Virtual CFO Services since our inception in 2002, Summit CPA Group, now Summit Virtual CFO Services by Anders, serves as Virtual CFOs for over 100 clients throughout North America. While most accounting firms focus on the past, our Virtual CFO team focuses on the future. This podcast seeks to help accounting firm owners like you learn how to provide successful Virtual CFO Services and become profitable. Tune in bi-weekly as our hosts Tom Wadelton, Virtual CFO, and Adam Hale, Partner at Anders CPAs + Advisors, interview industry-leading experts to share knowledge, as well as Adam’s experience acquired from more than 20 years as the lead provider of Virtual CFO services in North America. We'll answer some of the most common questions like how do I provide accounting services virtually? What's it like running a distributed team? And much, much more.
Episodes
Mentioned books
Dec 7, 2020 • 38min
How To Hold An Effective Meeting with Tom Barrett
Quote“A lot of meetings are ruled by too many subjective opinions and egos, so it’s important to bring in actual objective measures of progress.” - Tom Barrett The finer details of this episode Where Summit CPA has been and where we are going with our meetingsWhat makes a good meetingWhy people hate meetings so muchHow to prevent team members from being distracted during meetingsHealthy conflict and how that can be a good thing in meetingsCreating a meeting agenda and why that is absolutely necessaryThe power in naming your meetingsThe IDS structure and how you can use it to talk through issuesThe role of meeting moderators and why you need one Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net
Nov 16, 2020 • 36min
The Importance of Team Retreats with Zach Montroy and Lillian Hocevar
Quote“Taking this time and investment in your team will show dividends in the future.” - Zach The finer details of this episode How to choose the right venues, restaurants, and activities for the group Tips for structuring the content of your company retreat Balancing team-building and business development activities Choosing the right location for your retreat The importance of working with the right team to organize your retreat Budgeting and forecasting to cover your retreat financially Episode resourcesSummit CPA website - www.summitcpa.net Email us with questions - cpa@summitcpa.net Contact Lily - lillian@traveluxeofficial.com
Nov 2, 2020 • 31min
Getting the Right People into the Right Seats with Tom Barrett
Quote“The key to keeping employees happy is to get the right people on the bus, the wrong people off the bus, and the right people in the right seats.” - Tom Barrett The finer details of this episode How to keep your employees happy Using accountability charts to get everyone into “the right seat” Processes for transitioning and onboarding employees into their roles Making sure that everyone gets into seats that fit their strengths Seeing people’s potential for leadership or supervising Tips for the interview process to assess potential new team members The importance of solidifying your company values when it comes to getting teammates into the right seat Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions/comments- cpa@summitcpa.net
Oct 19, 2020 • 25min
Deep Dive with Virtual CFO Client Greg Bear of Bear Group
Quote“We were growing, I was wearing a lot of hats, and I started to realize our finances should be doing better.” - Greg Bear The finer details of this episode How Bear Group got started and their experience as a remote company Their process of hiring a CFO How Summit CPA has helped Bear Group to uplevel their business New financial management tricks Greg learned during the onboarding process Bear Group’s financial workflow Factors that attributed to fast cash growth for The Bear Group What to consider if your business is looking to hire a CFO Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions/comments- cpa@summitcpa.net
Oct 6, 2020 • 27min
Small Business Loans
Quote“I have the ability to play financial offense for clients, getting them the cash they need to continue to grow.” - Dan Kalis The finer details of this episode How to create good relationships with your bankKeeping your business in a good financial positionThe three C’s of lendingThe importance of building your business credit profileWhat to do when you don’t have the capital to grow your businessWhen you should borrow from a bank and when you should go a different routeCreative ways to meet your business’s cash needs Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net
Sep 28, 2020 • 28min
Summit CPA employees Angie Douglas & Mikala Page talk about traveling while working remotely
Quote“Scope out the wifi situation before you arrive somewhere. The worst workweeks have been when I had to use my phone hotspot to work.” - Mikala Paige The finer details of this episode Angie and Mikala’s stories and how they joined Summit CPA Tips for creating a remote/travel lifestyle Things to research before moving to a new location How Angie worked from a van Having a social life when you work remotely and travel Challenges and advantages of working remotely and traveling Equipment you will need for remote work Episode resourcesSummit CPA website - www.summitcpa.net Email us with questions - cpa@summitcpa.net
Sep 14, 2020 • 33min
Family Office Integration with VCFO Services with Michael Frost from Heritage
Quote“You have four professionals under one roof, so if you can’t genuinely respect and understand everyone’s industry, you are going to have a hard time implementing family services into your office” - Michael Frost The finer details of this episode Why bringing in a family office may be a good compliment to what you are doing as a VCFOWhere to start with moving towards a family office The relationship the CPA firm has with the other professionals How building a family office creates a better client experience How professionals are able to serve each other within a family office Best practices for onboarding a client onto a family practice Questions to ask to determine if someone is going to be a successful partner Episode resourcesSummit CPA website - www.summitcpa.net Email us with questions - cpa@summitcpa.net
Aug 31, 2020 • 28min
EOS with Tom Barrett from Navigate the Journey
Quote“The time you spend on EOS tools, you are going to save that time and more in the long run.” - Tom Barrett The finer details of this episode How to determine if your organization needs EOS The process of implementing EOS Advantages of working with an EOS implementer The six key components of EOS Setting priorities using the EOS model Episode resourcesSummit CPA website - www.summitcpa.net Email us with questions - cpa@summitcpa.net Navigate the Journey - https://navigatethejourney.com/
Aug 17, 2020 • 28min
Delegation Tips with Emily Morgan from Delegate Solutions
Quote“We need to be committed to the boring stuff in our business because it is the backbone of how everything runs.” - Emily Morgan The finer details of this episode Tips for small businesses on delegating their admin tasks Advantages of having a virtual assistant How to start delegating some of your admin work in your business How to get comfortable letting go of tasks in your business What the day-to-day looks like working with a virtual assistant Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net Delegate Solutions - https://www.delegatesolutions.com/
Aug 6, 2020 • 34min
Client Spotlight with Matt Westgate of Lullabot
Quote“Intentionally fostering serendipity in a distributed company will help keep isolation at bay.” - Matt Westgate The finer details of this episode What brought Matt to Summit CPA Why Lullabot decided to become a distributed company The benefits of working with a distributed teamMaintaining company culture when your team is distributedThe evolution of the Lullabot leadership team How Matt pulled his company out of financial hardship Creating psychological safety in your company culture Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net Lullabot - https://www.lullabot.com/
