Fractional CFO Secrets: Cash Flow, Taxes & Exits with Joe Dunaway (#24) скачать в хорошем качестве

Fractional CFO Secrets: Cash Flow, Taxes & Exits with Joe Dunaway (#24)

In this episode, I sit down with Joe Dunaway, President and CEO of Vici Financial and serial entrepreneur, to break down how small business owners can move from financial anxiety to financial authority through better cash flow management, proactive tax strategy, and the systems that make a business both scalable and exit-ready.​ We discuss: – Joe's path from the Marine Corps to serial entrepreneur to fractional CFO, and how military discipline gave him the language of accountability that he now translates into financial clarity for business owners.​ – The most common financial mistakes Joe diagnoses early on, from mixing personal and business accounts to misclassifying debt repayments as expenses, and why accounting 101 still trips up experienced operators.​ – The key metrics every growing business should track, including cash runway, labor percentage to revenue, gross margin, and receivables aging, and why cash is truly the one thing that can kill a thriving business.​ – How proactive tax strategy differs from reactive tax filing, why Joe plans 18 months in advance for his clients, and the two most common tax mistakes he sees: wrong entity structure and poor timing of estimated payments.​ – The S-Corp election threshold, how to maximize the QBI deduction, and why aligning your tax strategy with your retirement strategy is a conversation that needs two people in the room.​ – Owner independence, SOPs, and why documenting your playbooks, cross-training your team, and replacing yourself in daily operations is not just smart leadership, it is the single biggest driver of business valuation and a clean exit.​ – How Joe uses ChatGPT and AI-friendly software like QuickBooks to reduce decision fatigue, surface variance detection, and free up time for higher-value client work, while keeping the human judgment that AI still cannot replace.​ – Where Joe sees AI taking the accounting and financial services industry, including consolidation among tech-averse firms, and why the businesses that embrace it now will have a real competitive edge.​ If you are a business owner looking to clean up your financials, build systems that scale, and prepare for a high-value exit, this conversation is packed with actionable insight on fractional CFO services, cash flow management, tax strategy, and owner independence.​ Want to learn more about Joe's work? Visit vicifinance.com or connect with him on Instagram at @ViciFinancial and @TheJoeDunaway.​ Ready to grow and plan your exit? Visit www.BizExitGrow.com where thoughtful systems and strategies help build lasting value and legacy.​ Time Stamps: 0:00 Introduction - Exit Algorithms Podcast with Joe Dunaway 0:42 Joe Dunaway's Background - From Marine Corps to Financial Services 1:04 Building Vichi Financial - Bookkeeping, Payroll & CFO Services 1:22 Early Stage Financial Mistakes - Separating Personal & Business 2:44 Common Financial Issues Business Owners Face 4:37 Financial Education - Understanding P&L and Balance Sheet 7:57 Key Metrics to Track for Business Growth - Cash, Labor & Margins 10:06 Cash Flow Management - Why Most Businesses Fail 14:30 Financial Strategy for Business Exit and Sale Planning 17:56 Owner Dependence Problem - Replacing Yourself in the Business 22:36 Documenting Systems - SOPs, Playbooks & Battle Plans 27:19 Working ON vs IN Your Business 30:43 Common Tax Strategy Mistakes - Timing and Entity Errors 34:10 S-Corp Election - When to Make the Switch 37:58 Tax Strategy and Retirement Planning Alignment 42:02 AI and Standard Operating Procedures