Podcasts about growthforce

A monthly giving program is a sustainable way to fundraise while building a community of loyal supporters for your nonprofit organization. It's vital for ensuring long-term success and stability for your nonprofit. So, how can nonprofits effectively implement and grow the impact of monthly giving programs? Learn how to grow a monthly giving program to boost donor retention and ensure long-term success for your nonprofit with Stephen King from GrowthForce! Nonprofit Pulse is a podcast that explores trends, insights, and resources that help nonprofits accomplish their mission. See the full transcript and show notes: https://www.anedot.com/blog/monthly-giving-program Learn more about Nonprofit Pulse: https://www.nonprofitpulse.com/ Nonprofit Pulse is brought to you by Anedot: Anedot helps organizations save time and money with powerful giving tools. With an easy-to-use platform, no monthly fees, and award-winning service, Anedot makes it easy for organizations of all sizes to receive donations online and grow their base. Anedot is trusted by more than 30,000 nonprofits, churches, ministries, campaigns, and universities. -------------------------------------------------------------------------------- Learn more about Anedot

Nonprofits have a lot on their minds. Constant concerns about donor acquisition, retention, and lapsed donors are just the tip of the iceberg. The need to innovate, keep up with AI advancements, and explore new giving opportunities such as donor-advised funds adds to the complexity.Staying current with the evolving fundraising landscape is time-consuming. Combine that with limited resources and the effort required to learn and implement new tools, all while running your nonprofit like a business and scraping for every dollar, and it's truly daunting.However, one area that can bring some relief is donor retention—particularly when you have a robust giving plan in place. That plan should focus on recurring gifts.Meet Stephen King, Founder and CEO of GrowthForce, a firm that manages advanced accounting and CFO services for nonprofits. Stephen has a passion for helping nonprofits reach their growth potential, and a key part of that strategy is a focus on recurring gifts, which he refers to as the Nonprofit Sustainer Program.Stephen believes that every nonprofit should offer a sustainer program to their donor base, as it is the best vehicle for donor retention. However, a sustainer program is more than just a one-line payment option on a giving form. Donors enrolled in recurring gifts need to be engaged and informed about the impact of their giving, and more importantly, about what happens without their recurring gift.Tune in as Stephen takes you through the mechanics behind sustainer programs, why they are crucial for nonprofit organizations, the first steps to creating a sustainer program, and how to overcome common challenges when implementing recurring gifts.In this episode:Explore why having a sustainer program is crucial for ensuring long-term success and stability for your nonprofit.Discover the compelling statistics behind the annual giving of donors enrolled in recurring gift programs.Gain valuable insights on how to establish or enhance your nonprofit's sustainer programs.

John us as growth guru Stephen King helps us increase our profits, understand our business, and dives deep into data driven decision making. Steve is the founder of GrowthForce, one of the nation's largest outsourced bookkeeping, accounting and controller service for companies and non profits that use QuickBooks. GrowthForce specializes in helping service businesses and nonprofits, run better, grow faster and make more money leveraging a dedicated, US-based fractional share of an accounting department.

Turnover is the biggest hidden expense in a firm. Most of this hidden expense comes from not understanding your profit margins and people metrics. How can firms start to make a strategic plan for a better sustained financials? Welcome to the second season of Architecture 5 10 20! I'm your host, Guy Geier, Managing Partner of FXCollaborative Architects in New York. Guests from a wide range of backgrounds and experiences related to the built environment will come to share their thought leadership. Our conversations will start with understanding how they arrived at what they're doing now. More importantly, we will focus on discussing their vision for the future, looking out 5, 10, and 20 years. Today, we are joined by Stephen King, an entrepreneurial powerhouse with an unparalleled passion for propelling businesses to new heights. From pioneering internet based accounting services to spearheading growth force, his expertise has played a pivotal role in reshaping financial and growth strategies for architecture, engineering, and other professional services firms. He is also the founder & CEO of GrowthForce. Listen as we discuss the ways firms can navigate profit margins and people metrics. Stephen understands the unique challenges firms face, providing the tools and insights necessary to navigate those challenges to thrive. We talk about financial concepts, such as Fully Loaded Labor Costs, People Cost, Gross Profit Margin, and Net Labor Multiplier. As we conclude this conversation with Stephen King, his expertise takes center stage, illuminating a path to financial clarity for architecture and other professional service firms. His insights lay the foundation for firms to decode their data, make informed decisions and increase profits, while also streamlining overhead costs. By embracing his strategic insights, architecture firms can chart a course towards success, avoiding the frustrations of misaligned financials and focusing on achieving design's full potential.   Time stamps: [01:09] - Stephen King recalls how he entered the financial industry. [04:06] - Stephen talks about navigating profit margins and people metrics. [05:59] - Do you know your Fully Loaded Labor Costs? [08:13] - Turnover is the biggest hidden expense in a firm. [10:01] - Stephen encourages you to look into your profit goals. [12:45] - How can firms start to make a strategic financial plan? [15:21] - Stephen explains gross profit and why it's important to know. [17:56] - What should firms do after each job? [20:55] - Stephen shares the common qualities and strategies of financially sustained firms. PART 1 [23:47] - Stephen shares the common qualities and strategies of financially sustained firms. PART 2 [25:29] - Understand the relationship between your people cost and gross profit margin. [27:09] - Stephen talks about the Net Labor Multiplier. What is it? [29:06] - Stephen says there are three ways to increase profit. Which is most important for firms? [31:27] - Thank you Stephen for reminding us that we can chart a course towards success, avoiding the frustrations of misaligned financials. Links / Resources: Guy Geier Instagram | Twitter   Stephen King GrowthForce

Sustaining your organization's mission requires a strategic approach to fundraising, especially in an increasingly competitive nonprofit world. Hence, implementing a sustainer program is a decisive step toward financial stability, long-term sustainability, and a more significant impact. By building a base of committed sustainers, your nonprofit can secure its future, amplify its mission, and make a lasting difference in the world. So, if you haven't already, it's time to consider why your nonprofit needs a sustainer program and take the necessary steps to establish one. In today's podcast, Stephen King from GrowthForce and Steven Halasnik from Financing Solutions (https://financingsolutionsnow.com/) discuss “why your nonprofit needs a sustainer program- improve donor retention by 80% in the first year”.  

We had the pleasure of speaking with Stephen King, CPA, for this week's podcast. Stephen has nearly four decades of experience in accounting system design, technology innovation, and management advisory services. Today, he is the founder and CEO of GrowthForce, an outsourced accounting department for service-based businesses and nonprofit firms. Despite achieving commercial success by starting the largest outsourced accounting business in the U.S., Stephen realized that his quality of life was suffering due to excessive work and travel. His perspective on work shifted when he moved to Texas and met a CEO who taught him the importance of working to live, not living to work. Join us for an insightful conversation about scheduling time for what matters most, setting realistic expectations, avoiding workaholic tendencies, and much more.   Join us today as we discuss these things: 0:37 – Stephen shares the story of his upbringing, his passion for accounting at an early age, and losing balance throughout his entrepreneurial journey due to an intense work schedule 5:17 – The moment that changed Stephen's perspective on work-life balance and jumpstarted his passion for living a purposeful life 11:51 – Scheduling intentional time for mental, physical, and spiritual health + having accountability partners  18:13 – The importance of realistic expectations, prioritizing personal fulfillment, and aligning your long-term vision with planning to avoid workaholic tendencies 22:04 – How GrowthForce helps other business owners have balance     RESOURCES Learn more about Stephen:  Email: stephen@growthforce.com https://www.growthforce.com/   Path to Profits podcast: https://www.growthforce.com/path-to-profit   Linkedin: https://www.linkedin.com/in/stephenkingcpa/ Twitter: https://twitter.com/i/flow/login?redirect_after_login=%2FskingGForce   Email: travis@travisparry.com YouTube: https://www.youtube.com/channel/UC46ekvB-U-CJDdsd7aqJMuA  Get Travis' newest book!      

Nonprofit financial reports are documents that provide information about the financial activities of nonprofit organizations. These reports typically include a balance sheet, income statement, statement of cash flows, and other financial information necessary to assess the organization's financial health. Various stakeholders, such as donors, grantmakers, board members, and management, use nonprofit financial reports to make informed decisions about the organization's operations and ensure transparency and accountability in using funds. Nonprofit organizations must prepare accurate and timely financial reports to maintain their stakeholders' trust and meet legal and regulatory requirements. In today's podcast, Stephen King from GrowthForce and Stephen Halasnik from Financing Solutions discuss the top seven financial reports executive directors need to run their nonprofits.

And this time, I wanna talk about money and how to manage your cash flow. In other words, helping you better track the money coming in and the money going out of your business. Which sounds simple (on the surface) but so many of us get tripped up by it along the way. Why? Well, there might be more at play underneath… so let's talk about that. My special guest today is CPA Stephen King and he's simplifying how to better manage your cash flow. He leads a US-based accounting team called Growthforce and in this episode he breaks it all down for us, sharing tips on how to identify, measure, and track your cash flow wisely. Ultimately, this will help you make better decisions when managing your finances by looking at your historical figures for clues that'll help you better predict your financial future in the year ahead. Here's how.  My special guest today is Stephen King and he's simplifying how to manage your cash flow. We tackle and simplify all aspects of it, including: How he defines healthy cash flow as it relates to running a small business. What it is and what it is NOT A few practical ways you can manage the cash flowing into your business… and how to improve it 13 week cash flow forecast pay slowly rules managing interest rates on your company credit cards The biggest mistake people make when it comes to cash flow and how to overcome it What the 3 F's of collections are and how to tackle the 3 biggest objections you might hear from your customers when you directly ask them to pay their bill: Be Firm Be Friendly Be Focused …and ultimately, how to have better financial management overall for your business, even without a degree in accounting. You can do it, I believe in you! Q: Are you ready to learn how to better manage your cash flow? If yes, this one is for you. It's time to #DoTheThing! ---- Show notes available with all links mentioned here:https://thesimplifiers.com/podcast/stephen-king-manage-your-cash-flow-all-star

It's an age-old adage: Employees don't quit jobs - they quit managers. The question becomes: what makes a successful manager? We weighed in with an expert. Kate Braun, Managing Partner at Manager Tools, shares her formula for successful management (and the science behind it) on this episode of Path To Profit. Kate's story with Manager Tools dates back to 2006, where she was started as an intern. She's returned to be a Co-Managing Partner to help other leaders become effective & productive managers through communication. We Discuss: The difference between Leadership and Management How to be an effective and productive leader The behaviors of successful managers The 4 things you can do to create results from retention and why you should measure it How to build trust with your people How to build a non-fearful environment for your people The secret to effective feedback The difference between Coaching and Performance Reviews The rule of thirds in your 1 on 1's Make sure to follow us on Twitter/Facebook/LinkedIn at @GrowthForce & Instagram at @GrowthForceHQ!

Storytelling is a major component of any organization's marketing. People love a good story, and effective storytelling can make the difference between gaining that new donor or falling short on your projections… again.More often than not, when looking for a compelling story, one overlooks a glaring opportunity in one's organization. See, when telling a good story, the devil is, as they say, in the details. And what better place to look for details than one's own numbers?My guest today is Stephen King, Founder and CEO of GrowthForce, a financial management firm that specializes in working with nonprofits to help them keep their missions on track through sound financial management. Stephen is a font of valuable information: from how to stay on top of your reporting, to how to leverage your accounting data to make all kinds of organizational decisions. He shares his understanding of how healthy finances create tangible results for every organization. So buckle up for an eye-opening episode of Relish THISLinks: GrowthForce TwitterLinkedIN Podcast: Path To Profits Ask: Attend the Nonprofit Growth Webinar. Download the workbooks and start getting your organization set up for growth. 

My guest today is Stephen King. From tech founder to nonprofit CFO and fundraiser, Steve brings a unique combination of vision, foresight, and experience to help nonprofits maximize their cash flow and operational efficiency. He's been a dedicated board member of many nonprofit organizations. He spent seven years working for Amnesty International USA - first as Deputy Executive Director- Finance & Administration, and then as its Director of Development, overseeing 300% growth, then raising over $20M a year. His time at Amnesty reinforced Steve's life-long commitment to giving back to the community through charitable causes. Regarded as a top accounting industry thought leader and founder of the first company to deliver accounting over the internet, he's currently serving as Founder & CEO of GrowthForce, a heart-centered company with specialized teams providing accounting for nonprofits. Here's what to expect during the episode: Why is data important for nonprofit organizations? How can you use numbers to tell a story? What is the primary purpose of audit procedures in an organization? How does data help in better board decision-making? What are the five elements you should include in a financial report? Connect with Stephen King! Website: https://www.growthforce.com/ Facebook: https://www.facebook.com/GrowthForce/ Twitter: https://twitter.com/growthforce LinkedIn: https://www.linkedin.com/company/growthforce/ Email: Stephen@growthforce.com YouTube: https://www.youtube.com/channel/UChcHVgeGQ4gWmI9NWm6JWRw Get your copy of the Trust Building Action Plan by going to https://hilandconsulting.org/trustbuilding. Mary's book is available on Amazon or wherever books are sold: Love Your Board! The Executive Directors' Guide to Discovering the Sources of Nonprofit Board Troubles and What to Do About Them. Be sure to subscribe to Inspired Nonprofit Leadership so that you don't miss a single episode, and while you're at it, won't you take a moment to write a short review and rate our show? It would be greatly appreciated!   Let us know the topics or questions you would like to hear about in a future episode. You can do that, and follow us, on Facebook. Connect with Mary! LinkedIn: https://www.linkedin.com/in/maryhiland Inspired Nonprofit Leadership Facebook Group: https://tinyurl.com/inspirednonprofitleadership Company Facebook: https://www.facebook.com/hilandconsulting Website: https://www.hilandconsulting.org  

Every business leader knows by now LinkedIn is one of — if not the — most effective social networks for expanding your brand. But how do you know your sales team is taking full advantage of the platform? We asked an expert. This week, Stephen King weighs in with Intero Advisory Founder and CEO, Colleen Mckenna. As the leaders of LinkedIn branding, sales, and recruiting enablement, Colleen shares her four pronged approach in social selling and on how to make your business stand out through the digital noise. Not only do we tap into Colleen expertise on navigating LinkedIn, but she shares her own journey of building her profitable consulting business from her dining room table. We Discuss: How her love and passion for technology, marketing, and business development helped her build her business. Her LinkedIn sales secrets & the 4 paths of social selling. Her steps for how she went from a HubSpot shop in her dining room to a business with 700K in revenue. The gap she sees between recruiting and LinkedIn. Her “surround sound” method to find a channel of communication with a prospect. Why more often than not, women are underselling themselves on LinkedIn. Her internship with Oprah. Make sure to follow us on Twitter/Facebook/LinkedIn at @GrowthForce & Instagram at @GrowthForceHQ!

For most business owners, the world of M&A can feel like the wild west. But this isn't Aldridge's first rodeo. Aldridge CEO, Patrick Wiley & President, Bryan Gregory share the mic this week on Path To Profit. As a nearly 4 decade old business, this MSP company has has been through it all- from changes in leadership, M&As, and industry shifts. Patrick & Bryan share the lessons they've learned along the way as they've grown their business through M&As. We Discuss: The history of Aldridge's 38 years in business and how they found their niche. What steps they took to grow to their business to $24 million in revenue. Why you can't sell- or BUY- your way to profit. How to successfully navigate a change in industry Their biggest business mistake. How changing strategy can be your biggest asset. Why it's important to constantly help your people grow. Cyber security measures you should be implementing. Make sure to follow us on Twitter/Facebook/LinkedIn at @GrowthForce & Instagram at @GrowthForceHQ!

Every CEO's story looks different. But David Snyder's journey to becoming CEO of SmartAcre is particularly miraculous. Tragedy struck and David was thrown into his current position. Despite challenges, David was able to turn SmartAcre into a fast growing, profitable business - 29% to the bottom line to be exact! How did he do it? David shares the 3 phases he stands by that helped him turn his business around. We Discuss: How he took the reins after a tragedy left him with no other choice- and the 3 phases on management attributes to his success. The importance of correcting fragmented core values. How to lead a “people first” culture. Tips on avoiding zoom burnout . The importance of trusting your leaders. Why having “connectivity time” with your employees is important, even if you're 100% remote. Make sure to follow us on Twitter/Facebook/LinkedIn at @GrowthForce & Instagram @GrowthForceHQ!

Mickey meets again with Stephen King, President and CEO of Growthforce, to talk about opportunities and strategies for the pivoting and innovating nonprofits may try coming out of pandemic. Stephen lists five steps for nonprofits to come out of the pandemic ready to run strong and successfully. We welcome support of the Nonprofit SnapCast via Patreon. We welcome your questions and feedback via The Nonprofit Snapshot website.

Every year, businesses around the world lose over $4 trillion to fraud. Without the right safeguards, it's easy for fraud to slip between the cracks. GrowthForce President and CEO Stephen King help business owners spot opportunities to fix those cracks. Whether you run a multimillion-dollar enterprise or a fledgling nonprofit, separation of duties is a must. As Stephen puts it, the person who writes the checks should not be the same person who reconciles the bank account. Learn how to spot the red flags of business fraud.About Your HostDCA Virtual Business Support President Denise Cagan has been working with small businesses for over 20 years. She has served on the boards of professional organizations such as Business Leaders of Charlotte (BLOC) and the National Association of Women Business Owners Charlotte (NAWBO). Denise is also a graduate of the Goldman Sachs 10,000 Small Business Program, which is a program for small businesses that links learning to action for growth-oriented entrepreneurs.  Denise is recognized as a facilitator, problem solver, and builder. She enjoys speaking to business groups about social media for small businesses and motivating remote and work from home (WFH) teams. She holds a Bachelor of Science in Quality Systems Management from James Madison University.  She has extensive experience in helping small businesses grow through outsourcing solutions providing administrative, creative, marketing, and website support.Connect with DeniseDCA Virtual Business Support website.View and listen to Podcasts with Denise Cagan.  LinkedIn

In this episode of the Road to Growth podcast, we are pleased to introduce you to Stephen King. Top executive at a Fortune 500 company. Bootstrapped CEO. Venture-backed tech startup founder. Non-profit fundraiser. It's safe to say Stephen King is not your traditional CPA. Stephen is the CEO and Founder of GrowthForce, one of the nation's largest providers of outsourced bookkeeping and controller services. Regarded as an industry thought leader by AICPA and CPA.com, his ability to visualize the future of accounting has led GrowthForce to become one of the fastest-growing companies in America.   Stephen's experience at the forefront of technology development and accounting system design spans nearly three decades. In 1995 he founded Virtual Growth, the nation's first cloud-based accounting service, and quickly grew it into a market leader. After being acquired by Insperity, Stephen was brought on as president of Insperity's Financial Management Services division, serving two years before leaving to build GrowthForce. He also spent seven years working at Amnesty International USA—first overseeing 300% growth as CFO, then raising over $20M a year as Director of Development. Stephen's time at Amnesty reinforced his life-long commitment to giving back to the community. As a result, non- profits represent 35% of GrowthForce clients. Off the clock, Stephen is often on-the-go with his active family or puttering around the yard, looking for ways to help his garden grow.   Learn more and connect with Stephen King by visiting him on   Twitter: https://twitter.com/skingGForce Facebook : https://www.facebook.com/GrowthForce/ Linkedin: https://www.linkedin.com/in/stephenkingcpa/ Youtube: https://www.youtube.com/channel/UChcHVgeGQ4gWmI9NWm6JWRw     Be sure to follow us on Twitter: Twitter.com/to_growth on Facebook: facebook.com/Road2Growth   Subscribe to our podcast across the web: https://www.theenriquezgroup.com/blog Spotify: https://spoti.fi/2Cdmacc iTunes: https://apple.co/2F4zAcn Castbox: http://bit.ly/2F4NfQq Google Play: http://bit.ly/2TxUYQ2 Youtube: https://www.youtube.com/channel/UCKnzMRkl-PurAb32mCLCMeA?view_as=subscriber   If you are looking to be a Guest on Podcasts please click below  https://kitcaster.com/rtg/  For any San Diego Real Estate Questions Please Follow Us at web: www.TheEnriquezGroup.com Youtube: https://www.youtube.com/channel/UCKnzMRkl-PurAb32mCLCMeA or Call : 858 -345 - 7829 Recently reduced properties in San Diego County * Click **** bit.ly/3cbT65C **** Here* ****************************************************************************

And this time, I wanna talk about money and how to manage your cash flow. In other words, helping you better track the money coming in and the money going out of your business. Which sounds simple (on the surface) but so many of us get tripped up by it along the way. Why? Well, there might be more at play underneath… so let's talk about that. My special guest today is CPA Stephen King and he's simplifying how to better manage your cash flow. He leads a US-based accounting team called Growthforce and in this episode he breaks it all down for us, sharing tips on how to identify, measure, and track your cash flow wisely. Ultimately, this will help you make better decisions when managing your finances by looking at your historical figures for clues that'll help you better predict your financial future in the year ahead. Here's how.  My special guest today is Stephen King and he's simplifying how to manage your cash flow. We tackle and simplify all aspects of it, including: How he defines healthy cash flow as it relates to running a small business. What it is and what it is NOT A few practical ways you can manage the cash flowing into your business… and how to improve it 13 week cash flow forecast pay slowly rules managing interest rates on your company credit cards The biggest mistake people make when it comes to cash flow and how to overcome it What the 3 F's of collections are and how to tackle the 3 biggest objections you might hear from your customers when you directly ask them to pay their bill: Be Firm Be Friendly Be Focused …and ultimately, how to have better financial management overall for your business, even without a degree in accounting. My hope is that today's conversation sparks something new in you that you can take back to your team this week… Integrate this learning. Examine your bookkeeping best practices. Align with where you want to be in 6 months from now. And see positive change occur.  You can do it, I believe in you! Q: Are you ready to learn how to better manage your cash flow? If yes, this one is for you. It's time to #DoTheThing! ---- Show notes available with all links mentioned here: https://thesimplifiers.com/podcast/stephen-king-manage-your-cash-flow

From finding innovative environmental solutions to tragedies such as the Gulf Coast oil spill, to growing a service business to $50 million in top-line revenue, Laurie La-Pat Polasko, Vice President at Matrix New World Engineering, is not your average businesswoman. Taking her scientific background and a life-long passion, Laurie ventured into the business world with a unique perspective that made her the successful leader she is today. In this episode, we discuss: The number #1 most profitable skill a business leader can possess. The secret to having a highly profitable business (it may not be what you think it is!) Interviewing tips to look for the team players. Laurie's journey and how her life-long passion contributed to where she is today. Make sure to follow us on Twitter/Facebook/LinkedIn at @GrowthForce & Instagram @GrowthForceHQ!

Stephen King shares what's driving the Great Resignation along with key steps your company needs to align your human capital management strategy with your financial management strategy.Regarded as one of the accounting industry's top thought leaders, Stephen King is the CEO & Founder of GrowthForce, one of the nation's largest outsourced accounting companies.During the interview, we will discuss…what employee turnover costs businesseshow leaders can invest in employeeshow to cultivate a a culture of work-life balancewhen to hire from within, and when to hire externallywhat Stephen learned as a director at Amnesty InternationalAfter the interview…Visit Growth Force online: https://www.growthforce.comFollow on Twitter: https://twitter.com/growthforceFollow on Facebook: https://www.facebook.com/GrowthForce/Follow on YouTube: https://www.youtube.com/channel/UChcHVgeGQ4gWmI9NWm6JWRwClaim your free gift!We're giving away a one-year membership to the world's #1 business book summary service for leaders! Our gift will help you stay on top of the latest ideas, decide which books to read next, and engage your teams.To get your gift:Leave a rating or review on your favorite listening channel.Take a screenshot of your review.Share the screenshot on LinkedIn, and mention either “Allison Dunn” or “Deliberate Directions” and the “Deliberate Leaders Podcast”.=============Allison DunnExecutive Business CoachDeliberate Directions + Executive Business Coaching + Training Center3003 W Main Street, Suite 110, Boise ID 83702(208) 350-6551Website https://www.deliberatedirections.comLinkedIn https://www.linkedin.com/in/allisondunnPodcast https://podcasts.apple.com/us/podcast/deliberate-leaders-podcast-with-allison-dunn/id1500464675

We're coming out of Winter and moving into Spring, what better time than now to position your business for the next stage of growth. Here are five key points that will help your business reach its goals this year.  1. Client experienceThe biggest topic we've heard over and over again is that today's small businesses need to provide a better client experience. We talked about this topic extensively in our episode with Hank Ebeling of H4 Training (listen here). Why is it when we interact with a small business their quality of work is outstanding but getting them to respond to an email, return a phone call, or send over an estimate is frustrating? Often the answer is the business owner is spending too much of their time working in the business and not on the business. What might seem like busy work to you is what most customers think of as good customer service. The great part though is, just like having the right tools for the job site, the right software can help you automate tasks and provide customer service that matches the quality of your work. 2. Starting a businessWhen it comes to starting a business, a side hustle can be a great way to get started as an entrepreneur. We spoke with Charles Alexander, the Director of the Tennessee Small Business Development Center, and he shared how a side hustle provides a proof of concept (listen here). Growing your business on the side while you continue to work your day job is a solid way to improve your odds of being successful. 3. Launch your business in a way that you aren't just buying yourself a jobThis is an all-too-common pitfall when starting a business. In our episode with Corey Harris and Julie Traxler of SB Pace, they shared how most small business owners that are on the edge of burnout is a result of working harder vs. smarter (listen here). The concept of firing yourself is to get out of the day-to-day operations of the business so that you can focus on the bigger picture – how to improve your offering, find new customers, and delight the customers you do have so they come back for more and give you referrals. Part of the way you can fire yourself is to automate as many of the trivial tasks as possible. Don't overlook this essential step because there is a compounding benefit that is found on the other side.  4. Know your numbersKnowing your numbers all starts with accurate bookkeeping, which not only allows you to borrow money if needed but more importantly allows you to get the data that helps you make better and quicker decisions. Knowing your numbers can help you better understand what products or services are driving profit or if you are even making the profit you thought you were. Many small businesses underprice their services which leaves them with too little profit and can result in failure. That is why smart business owners have adopted the profit-first model we spoke about with Stephen King from GrowthForce (listen here). We also spoke with Danielle Hayden from Kickstart Accounting about how her firm is empowering small business owners with insights so they can grow their businesses faster (listen here). 5. Fix your mindsetAs your business grows, it becomes more and more critical that you approach it with the right mindset. Mikey Moran of Private Label Extensions shared his philosophy: the quicker we can push past those failures, the quicker we can find success on the other side (listen here). As an entrepreneur, you need to be curious, open-minded, and realistic about your weaknesses so you can hire people to fill in those gaps. Don't fall into the trap where you ignore your weaknesses and don't surround yourself with a team that challenges you to grow.   Resources Shared: ThryvHow to Turn Customer Service into a Competitive Advantage – Hank EbelingHow to Start and Grow a Side Hustle into a Successful Small Business - Charles Alexander How to Launch a Business So You're Not Just Buying Yourself a Job - Julie Traxler & Corey HarrisFixing Your Pricing Model Can Help You Live The Dream – Stephen KingHelping Entrepreneurs Understand Their Numbers – Danielle HaydenWhy Having the Right Mindset is Critical to Business Success - Mikey Moran  

You can maximize your cash flow and operational efficiency! Learn how to get alignment in your organization and board through five steps of strategic thinking! Conversation Highlights {03:21} Know your mission and rank your programs based on quality and quantity. {08:20} Analyze the unit economics. {14:13} Know which programs most directly impact your mission. {21:18} Budget! {28:02} Be a good steward of your funds. Remarkable Quotes Travis: Rank each program, which ones have the impact that you're trying to have. Stephen: If you show the donor the tangible result of your gift, you'll raise more money. Travis: It's amazing what's out there and what people are willing to do to get a mission done. Stephen: Get people motivated, they understand the plan, they are part of something bigger than themselves. Stephen King Bio From tech founder to nonprofit CFO and fundraiser, Stephen King brings a unique combination of vision, foresight, and experience to help nonprofits maximize their cash flow and operational efficiency. He's been a dedicated board member of many nonprofit organizations - including seven years working for Amnesty International USA - first as Deputy Executive Director- Finance & Administration, and then as its Director of Development, overseeing 300% growth, then raising over $20M a year. His time at Amnesty reinforced Steve's life-long commitment to giving back to the community through charitable causes. Regarded as one of the accounting industry's top thought leaders, he's currently serving as Founder & CEO of GrowthForce, a heart-centered company with specialized teams providing accounting for nonprofits. Connect with Stephen King https://www.growthforce.com/ https://www.linkedin.com/in/stephenkingcpa/ https://twitter.com/growthforce https://www.youtube.com/channel/UChcHVgeGQ4gWmI9NWm6JWRw Nonprofit Architect Podcast Links Website http://nonprofitarchitect.org Community https://www.facebook.com/groups/NonprofitArchitect Ultimate Podcast Guide https://nonprofitarchitect.org/ultimate-podcast-guide/ Subscribe and Leave a Review https://podcasts.apple.com/us/podcast/nonprofit-architect-podcast/id1481292481 Patreon https://www.patreon.com/NonprofitArchitect Watch on YouTube https://www.youtube.com/channel/UCQm8fnR2sHyrmLpV2jKYajA Listen to these other great podcasts from Veterans https://nonprofitarchitect.org/veteran-podcast-network/ Want help getting your podcast started? Visit: https://nonprofitarchitect.org/podcast-production-services/

You can maximize your cash flow and operational efficiency! Learn how to get alignment in your organization and board through five steps of strategic thinking! Conversation Highlights {03:21} Know your mission and rank your programs based on quality and quantity. {08:20} Analyze the unit economics. {14:13} Know which programs most directly impact your mission. {21:18} Budget! {28:02} Be a good steward of your funds. Remarkable Quotes Travis: Rank each program, which ones have the impact that you're trying to have. Stephen: If you show the donor the tangible result of your gift, you'll raise more money. Travis: It's amazing what's out there and what people are willing to do to get a mission done. Stephen: Get people motivated, they understand the plan, they are part of something bigger than themselves. Stephen King Bio From tech founder to nonprofit CFO and fundraiser, Stephen King brings a unique combination of vision, foresight, and experience to help nonprofits maximize their cash flow and operational efficiency. He's been a dedicated board member of many nonprofit organizations - including seven years working for Amnesty International USA - first as Deputy Executive Director- Finance & Administration, and then as its Director of Development, overseeing 300% growth, then raising over $20M a year. His time at Amnesty reinforced Steve's life-long commitment to giving back to the community through charitable causes. Regarded as one of the accounting industry's top thought leaders, he's currently serving as Founder & CEO of GrowthForce, a heart-centered company with specialized teams providing accounting for nonprofits. Connect with Stephen King https://www.growthforce.com/ https://www.linkedin.com/in/stephenkingcpa/ https://twitter.com/growthforce https://www.youtube.com/channel/UChcHVgeGQ4gWmI9NWm6JWRw Nonprofit Architect Podcast Links Website http://nonprofitarchitect.org Community https://www.facebook.com/groups/NonprofitArchitect Ultimate Podcast Guide https://nonprofitarchitect.org/ultimate-podcast-guide/ Subscribe and Leave a Review https://podcasts.apple.com/us/podcast/nonprofit-architect-podcast/id1481292481 Patreon https://www.patreon.com/NonprofitArchitect Watch on YouTube https://www.youtube.com/channel/UCQm8fnR2sHyrmLpV2jKYajA Listen to these other great podcasts from Veterans https://nonprofitarchitect.org/veteran-podcast-network/ Want help getting your podcast started? Visit: https://nonprofitarchitect.org/podcast-production-services/

The largest expense of most nonprofits is also its greatest asset - people. The human capital cost behind events, campaigns, and even newsletters are large but often overlooked. Ironically, when it comes to building sustainable funding for a cause, it should come as no surprise then that the greatest asset for most nonprofits is the individual giver. No, not the corporate sponsors or the foundation, and definitely not the annual gala or golf outing. When it comes down to the best return on investment of time, energy, and even funds, an individual relationship with a top donor ranks higher than every other channel according to Stephen King, the founder of GrowthForce. Listen to the full interview to learn more about Stephen's experience and advice!

GrowthForce is an outsourced accounting partner that provides dedicated bookkeepers, staff accountants, controllers, and CFOs to non-profits and small businesses that use QuickBooks. Most of the time people come to us because they're frustrated that they're working hard but still worried about cash flow because finances aren't their core competency. That is where we come in and take those back-office accounting tasks off the business owner's hands and not only do it better but for less than the cost of hiring one accountant.  Early on in my career, I spent 7 years at Ernst and Young where I worked on accounting system design. What I learned was the value of how to leverage data to make better decisions. The challenge we see is the majority of businesses use QuickBooks like they would a checkbook. They are writing checks, accepting money from customers, paying payroll, and producing the standard financial statements to figure out how much they owe in taxes. But they aren't using their accounting system to make key business decisions like what price should I set. We decided to focus our efforts on the customers that use QuickBooks. Because 88% of the market uses it as a checkbook and not as a management reporting system.  Most businesses struggle with cash flow and over my 36-year career I've been a CPA through 8 recessions. When I look back at all the companies I've helped the difference between the successful ones and those that struggle is pricing. Not having enough cash flow is always a result of improper pricing. Every job you do or widget you produce has to cover its share of overhead and generate a profit. Profit is what creates cash flow and cash flow is what allows you to live the American Dream we all want. If you can solve the pricing problem you will be on your way to living the life you want.  The biggest problem I see most small businesses struggle with when it comes to pricing is between the ears. They ask themselves if they are worth it and that is where most small business owners get stuck, self-doubt creeps in and you have to do the hard mental work to get to the point where you realize you are worth it. I recommend professional organizations like Vistage where you can talk to and meet with other entrepreneurs. What you will quickly realize is every entrepreneur at some point had to overcome the mental block of pricing and their self-worth.  Resources Shared: GrowthForceVistage WorldwideThryv

Visit this show online at www.growthforce.com/podcast.  Follow us on social! Twitter: www.twitter.com/GrowthForce  LinkedIn: www.linkedin.com/company/growthforce  Facebook: www.facebook.com/GrowthForce  Five years ago, ESG was stable. It was profitable, but it was not growing. When Michael Harnum first joined the company as CEO, his first order of business was to find out why. Since that fateful moment, ESG has gone from a struggling startup to a high growth company with $10 million in top line revenue and $3 million in bottom line profits. In this episode, Michael shares how he turned the company around. We discuss: Finding the right market for your company The importance of standardizing scope and fees Making your leading and lagging indicators work for you Hiring and onboarding the right people for remote work For more episodes like this one, find us on Apple Podcasts, Spotify, or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Stephen King, Founder and CEO of GrowthForce, joins today's podcast with some great insight for business leaders. Accounting is a key business function, providing data to help you manage your strategy. Smaller businesses and startups need to deal with the added cost of this function, which often comes even before they have the revenue to cover it.King explains that outsourcing this function is the solution to this conundrum. Outsourcing gives businesses the expertise at a fraction of the cost. Companies that provide this service have developed efficient processes that match the scale. He states this approach can be replicated in other business functions that are outside your core expertise, too. King expounds on efficiency further with his view on automation. He talks about how several business functions can be repeated and replicated by software. Breaking them down into processes can allow more efficient operations. He also argues against the notion that automation takes away jobs. Automation will increase the quality of the workforce and give them better jobs as the business shifts upward.Another key discussion is around business finances. King talks about how businesses seem to be obsessed with the amount of money they raise or sell. He argues that what matters is what is kept, and businesses need to focus on profits first. By setting profit goals, a company can plot their cost and determine how much they need to sell. This results in a healthier, sustainable business that benefits owners, investors, employees, and customers.Business leaders looking to enhance their perspective into business fundamentals like finance will find this episode full of insight.Email - stephen@growthforce.comWebsite - growthforce.comLinkedIn - https://www.linkedin.com/in/stephenkingcpa/Twitter - skinggforceThis episode is brought to you by Content Allies.Content Allies helps B2B tech companies launch revenue-generating podcasts. Build relationships that drive revenue through podcast networking. We schedule interviews with your ideal prospects and strategic partners so that you can build relationships & grow your business. You show up and have conversations, we handle everything else. Learn more at ContentAllies.com

We've all been there...You hear about a new technology or solution that you're pretty certain will help your nonprofit to grow, but it has a price. Convincing your board and donors of the value of testing and trying new solutions can be challenging. In this episode, Katie talks to Maria Clark, the EVP of Partnerships and Chief Evangelist for GrowthForce about how we can not only prioritize innovation in our organizations but get new solutions across the finish line in terms of approval and adoption.

Visit this show online at www.growthforce.com/podcast.  Follow us on social! Twitter: twitter.com/GrowthForce  LinkedIn: linkedin.com/company/growthforce  Facebook: facebook.com/GrowthForce  Most business leaders focus on the bottom line—the one that measures a company's profits. But there's another bottom line you should be focusing on and that is the triple bottom line—the one that measures a company's impact. In this episode, host Stephen King shares some tips on how you can raise more money and drive more impact in an organization. Whether you're involved in a nonprofit or know someone who is, you'll find value in listening – because for-profit businesses should be run like the best nonprofit organizations, and vice versa. Steve explains: How to beef up an individual giving program Why you should implement donor impact statements Why you should convert your annual donors to monthly givers Download our Nonprofit Ebook to help you raise more money and stay on the lookout for our On-Demand Webinar: Nonprofit Challenges In A New World (eBook)  For more episodes like this one, find us on Apple Podcasts, Spotify, or our website.  Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at www.growthforce.com/podcast.  Follow us on social! Twitter: www.twitter.com/GrowthForce  LinkedIn: www.linkedin.com/company/growthforce  Facebook: www.facebook.com/GrowthForce  It's the question that has been on every CEO's mind over the last 18 months: How do you maintain your workplace culture in a hybrid world? This is one of the biggest challenges businesses are facing as a result of the pandemic. According to Michael Weiss, VP of Creative Circle and my guest on today's episode, the silver lining is that the pandemic has also given us a degree of empathy that we simply lacked before — and that empathy can and should inform how we approach this challenge moving forward. In this episode, we discuss: Maintaining culture in a hybrid world Engaging prospects with stories that differentiate Using digital marketing tools to be where your clients are Contact Michael at mweiss@creativecircle.com.   For more episodes like this one, find us on Apple Podcasts, Spotify, or our website . Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Stephen King has worked with Fortune 100 companies and tiny mom-and-pops. He's been an executive at a $4bn company and a fundraiser at a non-profit. He's even launched bootstrapped startups and piloted an industry-leading tech company. Regarded as an industry thought leader by AICPA and CPA.com, his ability to visualize the future of accounting has lead GrowthForce to become one of the fastest-growing companies in America. There are very few in accounting with the depth and breadth of knowledge Stephen brings to the table, and he's passionate about sharing insights he's gained from a unique constellation of life experiences with small businesses owners and entrepreneurs. To contact Stephen... growthforce.com stephen@growthforce.com @skinggforce on Twitter You can also find him on Linkedin!   To contact Joe... Subscribe To My YouTube! https://joeevangelisti.com/youtube   Free Coaching Discovery Call https://legacybuilder.coach   Facebook Pages https://www.facebook.com/jevangelisti https://www.facebook.com/joeevangelistidotcom   Instagram https://instagram.com/joeevangelistidotcom   LinkedIn https://www.linkedin.com/in/jevangelisti   The Legacy Blueprint Podcast https://podcasts.apple.com/us/podcast/the-legacy-blueprint/id959740605 Interested in any of my Real Estate Products? Make sure to head here: https://joeevangelisti.com/shop/  

Visit this show online at www.growthforce.com/podcast.  Follow us on social! Twitter: www.twitter.com/GrowthForce  LinkedIn: www.linkedin.com/company/growthforce  Facebook: www.facebook.com/GrowthForce  In the world of doggie daycare, the COVID shutdown should have been an economic disaster. With everyone now working from home, it seems inevitable that daycare services would decrease in demand. But that wasn't the case for Kathy Miller, President of Dogtopia - South Bay. In fact, her company not only weathered the storm but actually doubled its profits during the pandemic. In this episode, she shares the story of the pivot that made it all possible. We discuss: The giveback business model Going after the right customers Strategies for finding passionate employees Having a family plan, in addition to a business plan Sponsoring a service dog Learn more about the service dog program by emailing Kathy at kathy.miller@dogtopia.com or by visiting dogtopia. com/torrance-south-bay.    For more episodes like this one, find us on Apple Podcasts, Spotify, or our website . Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

952 - Outsourced Accounting & Advisory Services with GrowthForce's Stephen King

Mickey meets with Stephen King, President and CEO of Growthforce, to talk about what nonprofits should be doing right now, as we get close to post-pandemic, to increase outcomes, serve more people, and raise more money. We discuss a five-point framework: Which OUTCOMES best further the mission Study the ECONOMICS Which PROGRAMS do you Stop, Start, Continue Revise the PLAN  Raise more MONEY  We welcome support of the Nonprofit SnapCast via Patreon. We welcome your questions and feedback via The Nonprofit Snapshot website.

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Running a Nonprofit and running a for-profit have more similarities than you may think. Everybody's goal is to at least break even, and at best- have a surplus at the end of the year. That's why nonprofits can learn a lot, in terms of how to effectively raise money and generate profits, by studying the best for-profit businesses, and vice versa. In this Nonprofit-focused episode, Jennifer Lehman, President & C EO of Mission Advancement, shares the best practices any nonprofit can take from the for-profit world and the most effective strategies for fundraising. With many business owners being on the boards of nonprofits, this is an important lesson for any leader. We discuss: Why your best donor is your current donor Overcoming the fear of fundraising during difficult times The science and art of raising money Best practices for managing fundable programs For more episodes like this one, find us on Apple Podcasts, Spotify, or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce There's a fine balance between investing generously in your product and effectively managing your margins. The key is to find a happy medium between funding a quality product that makes your clients happy (and attracts new ones) and generating enough profit to grow. Anson Sowby, CEO & Co-Founder at Battery ,shares how his company navigated these waters en route to generating $10 million in revenue with a 20% profit margin. We discuss: Balancing the quality of the product with the quality of the margins Making finance a priority from the beginning Focusing on growing existing customers rather than chasing new ones Realizing that you work for your employees, not your clients For more episodes like this one, find us on Apple Podcasts, Spotify, or our website . Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce When you decide to purchase a restaurant franchise, you're given a book on how to run it effectively. It breaks down how to approach marketing, handle finances, and run operations. But when you're an entrepreneur opening up your own business, no such book exists to guide you along the path to profit. Today's guest set out to write that playbook. In this episode, I chat with Jeff Chastain, Founder and Business Transformation Coach at Admentus, Inc., about the lessons he learned from building a business and how he codified them into processes for other companies to follow. He shares: The mistakes made while building his first company Why culture is so important to hiring well How EOS can help companies stay on track Why leading indicators are so important Listen to Jeff's podcast Building to Scale. For more episodes like this one, find us on Apple Podcasts, Spotify, or our website . Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

In today's podcast episode, Stephen King from GrowthForce and Stephen Halasnik from Financing Solutions discuss five ways that nonprofit organizations can be successful after the Covid-19 pandemic. These solutions are helping nonprofits recovery from economic disruptions.  

Growing a small business becomes more difficult by the year. Now simply maintaining a small business can be a struggle. But Stephen King knows that if a business owner knows what the driving forces behind a business are, that same business owner will make better decisions and ultimately change their company for the better.    In this episode Stephen King -- CEO of Growth Force -- Explains how to improve a business by taking a careful analysis of the forces behind it.    From startup to working with Fortune 500 executives, Stephen King brings a unique combination of vision, foresight, and experience to help small businesses run better, grow faster and make more money. Regarded as one of the accounting industry's top thought leaders, he's currently serving as President & CEO of GrowthForce, one of the nations largest cloud-based accounting services.   In this episode we discuss:   The five drivers of businesses Cash flow tips Important systems for business

Hi, Profit Designers! As we at Tap the Potential gear up for a number of special, upcoming projects, we're taking this time to bring you some of our most popular episodes from the vault! We hope you enjoy it, and we'll be back with new episodes for you very soon!  In this episode, Stephen King, president and CEO of GrowthForce, joins Dr. Sabrina and her co-host, Mike Bruno, for an illuminating conversation around pricing. Should you discount during an economic downturn? Listen in to this discussion to hear compelling reasons why you should NOT discount, and what you should be doing, instead. Top executive at a Fortune 500 company. Bootstrapped CEO. Venture-backed tech startup founder. Non-profit fundraiser. It's safe to say Stephen King is not your traditional CPA. Stephen is president and CEO of GrowthForce, one of the nation's largest providers of outsourced bookkeeping and controller services. Regarded as an industry thought leader by AICPA and CPA.com, his ability to visualize the future of accounting has lead GrowthForce to become one of the fastest-growing companies in America. His experience at the forefront of technology development and accounting system design spans nearly three decades. In 1995 he founded Virtual Growth, the nation's first cloud-based accounting service, and quickly grew it into a market leader. After being acquired by Insperity, Stephen was brought on as president of Insperity's Financial Management Services division, serving two years before leaving to build GrowthForce. He also spent seven years working at Amnesty International USA—first overseeing 300 percent growth as CFO, then raising over $20M a year as Director of Development. Stephen's time at Amnesty reinforced his life-long commitment to giving back to the community. As a result, non-profits represent 35 percent of GrowthForce clients. Profit by Design is a Tap the Potential Production in collaboration with Small Business Consulting Group. Show Highlights: Business owners are feeling a lot of pressure in this new normal. Pricing is harder if you're not confident of the value that you're bringing. Stephen addresses the issues around discounting, then provides the math: If you have a 40 percent gross profit and you give a 10 percent discount, you need 33 percent more sales to generate the same bottom line. If you have a 30 percent margin, you need 50% more sales to generate the same bottom line. If you have a 40 percent gross profit and you ADD 10% to your pricing, you can sell 20 percent less and make the same money.  When Stephen let an objective person price his jobs, his fees started going up. Stephen shares some case studies and classic mistakes from clients that allow him to share their data. The accounting industry was designed for compliance. Financial accounting is designed for external users. For example, it is your CPA's job to help you pay as little in taxes as you're legally allowed to, to get you through an audit, and to keep the banks happy. Management accounting is about internal users and about understanding your unit economics, the profitability on each job.  Stephen explains the benefits of automated activity-based costing and cautions against time-leakage. Things to consider to gain confidence in pricing appropriately: Stephen offers accounting system suggestions to set up reports to show you your “income minus your cost of goods sold equals your gross profit”. Your gross profit percentage is the most important number of every financial statement. This will tell you if you're pricing right. Which clients should you fire? Which clients should you re-price? How do you spend money to make money in sales and marketing? Dr. Sabrina explains the 80/20 principle: 20 percent of your clients and customers are responsible for 80 percent of your revenue. If you focus on increasing revenue from the top 20 percent by 25 percent, you're at choice and you can get rid of 80 percent of your clients and customers. One mistake is to think that your biggest account is your best client. When you have the appropriate margin in your pricing you are able to run a much more simplified, streamlined business. Whatever you do, don't discount your services during an economic downturn. Don't make decisions based on fear. You need to have an attitude of gratitude. Surround yourself with people who have a positive mindset and who are looking for growth.   Links and Resources: Download Your Free Workbook: How to Make Your Time Worth $10,000 an Hour Register your A-Player team members for Tap the Potential's Leadership Bootcamp

Visit this show online at www.growthforce.com/podcast. Follow us on social!Twitter: www.twitter.com/GrowthForceLinkedIn: www.linkedin.com/company/growthforceFacebook: www.facebook.com/GrowthForce Early on, many entrepreneurs learn the important lesson of making the business less about them, and more about the mission. For today's guest, Jacky Fischer, CEO of 3 Men Movers, that was exactly the mindset shift that sparked tremendous growth for her company. During this episode, Jacky shares the lessons she learned on her journey to building a $40 million business. We discuss: - Putting the mission and vision of the company at the center - Working towards true accountability - How the manifesto informs her company's culture - Why the way to run your business is the opposite of what you think Check out these resources we mentioned during the podcast: - Jacky's book is The Growth Paradox: The Way to Run a Business is Opposite of What You Think. For more episodes like this one, find us on Apple Podcasts, Spotify, or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce In 2020, you were doing $100 million in revenue with 250 employees. But then, your revenue dropped to $20 million, and you could only keep 38 employees (most at 25% of their salaries). Right after an acquisition, too. Just a year later, you've recovered to $45 million (that's 250% bounce back), and many of your employees have returned. This is the experience of today's guest, Ray Pekowski, Owner at The Expo Group, a 30-year-old company that's chosen to act like a startup to recover its growth. In this episode we discuss: - Digitization, outsourcing, tax credits, and other resources and strategies that saved the business - How thinking like a startup has shaped the recovery plan - The importance of culture, hiring, and servant leadership - Stock appreciation rights (SARs)/phantom stock Check out these resources we mentioned during the podcast: - Ray's book is Lessons of an Entrepreneur - The Expo Group also shares a ton of resources For more episodes like this one, find us on Apple Podcasts, Spotify, or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Today on The Fastest Growing Companies podcast, we're talking to the President & CEO of GrowthForce, Stephen King. Check out the video version on YouTube. Host: Chris Ronzio Learn more about Trainual, the world's top Business Playbook™ software.

Stephen King, President and CEO of GrowthForce, talks about his experience as a concert promoter and how it plays a role in his career in accounting today! He also talks about how gardening and running a business are similar!

Visit this show online at growthforce.com/podcast. Follow us on social! Twitter, LinkedIn and Facebook: @GrowthForce It's strange to hear a five-time Inc. 5000 lister talk about down periods. But his company didn't start becoming profitable for the first five years, easily. What changed? EOS. In this episode, I interview Steve Thies, CEO at Integrated Biometrics, about how persistence and EOS led him to a success that only 3% of companies can boast. What we talked about: - The origin of his company and the pain of long sales cycles - How he arrived at cash-flow positive - All things EOS (Wickman's Traction is a must-read) - His predictive model for his company's financial success - Value prop and persistence For more episodes like this one, find us on Apple Podcasts, Spotify, or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at growthforce.com/podcast. Follow us on social! Twitter, LinkedIn and Facebook: @GrowthForce How do you make decisions based on financial statements? For that matter, how do you communicate the content of financial statements so that others can make sound decisions? Join us for a discussion of the art and science of financials. In this episode, I interview Chris Williams, President and CEO at Rocaceia LLC, about how financial statements inform his business strategy. How to Use Financial Statements to your businesses' advantage What we talked about: - The business model he uses and why - Building financial statements that matter - Using visuals to communicate financial data - Monthly averages, quarterly averages, and the importance of even $250 For more episodes like this one, find us on Apple Podcast, Spotify or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at www.growthforce.com/podcast. Follow us on social!Twitter: www.twitter.com/GrowthForceLinkedIn: www.linkedin.com/company/growthforceFacebook: www.facebook.com/GrowthForce You're the CEO of a mid-sized company, and you do a great job with the process of running the business. The thing you may not have a great handle on is growth. In this episode, I interview my longtime friend Art Saxby, CEO and Founder at Chief Outsiders, about how he took less than $2K and an interest in QuickBooks all the way to the largest strategic growth implementation company. What we talked about: - Setting a vision and creating culture based on strategy - The need to rely on data & how to use it - The difference between accounting and bookkeeping - Keeping “why growth is important” at the forefront of your business Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce To learn more about Robin: LinkedIn Robin Stalanad, Master Chair at Vistage International, is a force to be reckoned with. She's been a Vistage Chair for more than 15 years, and is a six-time award winner, putting her in the top 20 Vistage Chairs out of over 700 in the United States. In this episode, Robin sits down with our host Stephen King to discuss how companies view their metrics, what impact that makes on their business, and how tracking their KPIs allows them to make data-driven decisions. What we talked about: - The success stories she's seen in her 15+ years as a Vistage Chair - The mindset of a CEO when they start looking at their scorecards. - The trailing 12 months report and why it's so crucial - Why raising your prices might just save your business - How companies view their metrics - How tracking KPIs allows companies to make better data drive decisions For more episodes like this one, find us on Apple Podcasts, Spotify, or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Sid Trivedi, Partner at Foundation Capital, has a superpower. It's his vast customer network matched with his high levels of cybersecurity. In this episode he shares his insight on how he uses his superpower to help B2B businesses navigate their path to profits. What we talked about: - The importance of your first 10 customers - Pattern mapping - Stages and levels of sales hires - Protecting your business against cybersecurity attacks - Smart money vs. dumb money - Focus on valuation - Lessons learned Check out these resources we mentioned during the podcast: - Sid Trivedi is Partner at Foundation Capital - Find Sid on Twitter For more episodes like this one, find us on Apple Podcasts, Spotify, or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

In this week’s episode If you find content writing for your website a painful and slow process, you’re not alone. This week Paul has a great 5 step process for easily creating original content Also on the show this week, should you use LinkedIn’s InMail or Messages to contact prospects? Plus there’s a great book suggestion all about how your people can drive your profits and a special guest explains why you need an ‘Entrepreneurial Operating System’ Show notes Out every Tuesday on your favourite podcast platform Presented by Paul Green, an MSP marketing expert In talking about what kind of content to write, Paul mentioned the brilliant book They Ask, You Answer by Marcus Sheridan Register for a free copy of Paul’s book Paul’s special guest was Rebecca Finken from Traction 4 Success talking about Gino Wickman‘s ‘entrepreneurial operating system’ and why you need one (also check out his book Traction) Here's a link to the book Paul mentioned ‘The E-Myth Revisited‘ by Michael Gerber Thank you to Stephen King from GrowthForce for recommending the book Take Care of Your People by Paul Sarvadi On May 18th Paul will be joined by Bob Layton from Digital Defense talking about how to demonstrate value with cyber security protection Please send any questions, ideally in audio-form (or any other feedback) to hello@paulgreensmspmarketing.com Episode transcription Voiceover: Fresh every Tuesday for MSPs around the world. This is Paul Greens MSP Marketing Podcast. Paul Green: Hi. Hello, and welcome to the show. Here’s what we’ve got coming up for you this week. Rebecca Finken: A lot of entrepreneurs, they run their businesses on egos and subjective emotions, which doesn’t always give you the real true picture. Paul Green: We’ve also got a great book suggestion later on about how looking after your people better can actually help your bottom line. I’ve also got an opportunity for you to get a free copy o

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Stephen King, President & CEO at GrowthForce, breaks down pricing metrics and the importance of “keeping score” by measuring the top line, the gross profit line, and the bottom line. What we talked about the 5 most important metrics of every business: - Total revenue dollars - Gross profit dollars - Gross profit percent - Net income dollars - Net income presented Check out these resources we mentioned during the podcast: - GrowthForce website For more episodes like this one, find us on Apple Podcasts, Spotify, or our website. Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Your nonprofit is ready for what happens post-COVID, right? RIGHT?Today Patrick talks about post-COVID fundraising and more with GrowthForce President & CEO Stephen King.  A highly energetic and motivational business leader, entrepreneur and speaker, Steve has a passion for helping businesses and nonprofits reach their growth potential. His ability to visualize the future of accounting and assemble a highly qualified and motivated team has lead GrowthForce to become one of the nation’s largest cloud based bookkeeping, accounting and controller services.Steve’s experience with accounting system design, technology development, and management services spans over three decades. Before opening GrowthForce, he was President of Insperity Financial Management Services division for two years. The division was created from the acquisition of a business called Virtual Growth Incorporated, which Steve founded in 1995 in New York City. Prior to the acquisition by Insperity, Virtual Growth was the nation’s largest outsourced accounting service for small businesses.Previous to Virtual Growth, Steve spent seven years working for Amnesty International USA. There he spent four years as Chief Financial Officer managing the organization’s 300% growth after U2, Bruce Springsteen and Peter Gabriel complete the Human Rights Now! tour and then honed his fundraising skills as its Director of Development, raising over $20M a year.More About GrowthForce: https://www.growthforce.com/ Follow Stephen on LinkedIN: https://www.linkedin.com/in/stephenkingcpa/Support This Podcast! Make a quick and easy donation here:https://www.patreon.com/dogoodbetterAbout The Official Do Good Better Podcast:Each episode features (fundraising expert, speaker, event creator and author) Patrick Kirby interviewing leaders and champions of small & medium nonprofits to share their successes, their impact, and what makes them a unicorn in a field of horses. Patrick answers fundraising questions and (most importantly) showcases how you can support these small nonprofits doing great big things!iTunes: https://apple.co/3a3XenfSpotify: https://spoti.fi/2PlqRXsYouTube: https://bit.ly/3kaWYanTunein: http://tun.in/pjIVtStitcher: https://bit.ly/3i8jfDRFollow On Facebook: https://www.facebook.com/DoGoodBetterPodcast/Follow On Twitter: @consulting_do #fundraising #fundraiser #charity #nonprofit #donate #dogood #dogoodBETTER #fargo #fundraisingdadAbout Host Patrick Kirby:Email: Patrick@dogoodbetterconsulting.comLinkedIN: https://www.linkedin.com/in/fundraisingdad/Want more great advice? Buy Patrick's book! Now also available as an e-book!Fundraise Awesomer! A Practical Guide to Staying Sane While Doing GoodAvailable through Amazon Here: https://www.amazon.com/dp/1072070359

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Today's guest started a staffing business out of his dorm room in medical school and didn't see any profit for seven years. He thought it was his hobby that paid for med school bills, but then he made Inc. 500 and drew in $15 million in revenue. In this episode, I interview Dr. Matt Kolinski, Founder & CEO at USA Staffing Services and author of Work-Passion-Life Balance, about his entrepreneurial journey. What we talked about: - Matt's early business mistakes & how he learned from them - The maturing of a company as compared to life stages - How to know if your company is healthy - Crafting an outstanding employee experience Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce I'm joined by Matthew Polega: Cofounder, Head of Communications & Public Policy at Mark43, a company bringing cloud-first data-driven technology to public safety use. Matt and I discussed: - His experience in Engineering Science - Lateral thinking in public safety models - Public safety technology - Using customer voices to further develop a business - Software multi-tenancy - Investor relations at Mark43 - The significance of making certain mistakes - Culture by design (how they use core values) - Unit economics - Spending money to make money - That you can't ‘save' your way to profits - Investing in people We mentioned these resources, which you can check out at any time: - Matthew Polega's LinkedIn profile - Mark43's website - GrowthForce's website - Matthew Polega on Twitter Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Visit this show online at: growthforce.com/podcast Follow us on social! Twitter: twitter.com/GrowthForce LinkedIn: linkedin.com/company/growthforce Facebook: facebook.com/GrowthForce Your core values should dictate all of your hiring, coaching, and firing decisions. And all of your payment decisions should be based on cost of replacement. Intrigued? Listen to a headhunter about how to keep your people. In this episode, I speak with Jeremy Jenson, CEO at Encore Search Partners, about EOS, PEO, and how to treat your employees so that leaving never crosses their minds. What we talked about: - Viewing your people as an asset, not as an expense - Developing your core values based on your last 10 fires - Hyper niching out & narrowing focus - How not getting a raise spurred Jeremy to entrepreneurship Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

In this week’s episode Does your team make the same mistakes again… and again… and again? Ever considered that this is actually down to you? This week Paul has some great insight into how you can eliminate this problem Also on this week’s show, a financial expert joins Paul to talk about which numbers you need to focus on, to grow and increase your profits Plus, what’s your ‘happy balance’ score? Paul explains what this is and how you can improve it Show notes Out every Tuesday on your favourite podcast platform Presented by Paul Green, an MSP marketing expert Paul recommended the books The Checklist Manifesto by Atul Gawande, The E-Myth Revisited by Michael Gerber and Built To Sell by John Warrillow Register for a free copy of Paul’s book Paul’s special guest was Stephen King from GrowthForce talking about how to get your pricing right Many thanks to Paul Charnock from Plexa for recommending the book The Chimp Paradox by Dr. Steve Peters Please recommend a book you think will inspire other MSPs here paulgreensmspmarketing.com/podcastbooks On April 13th Paul will be joined by John Davis, the ‘Corporate Action Hero‘ talking about how to become a better version of yourself in business Please send any questions, ideally in audio-form (or any other feedback) to hello@paulgreensmspmarketing.com Episode transcription Voiceover: Fresh every Tuesday for MSPs around the world. This is Paul Green’s MSP Marketing podcast. Paul Green: Hi there. Welcome back, and how are you doing today? Here’s what we’ve got coming up in this week’s show. Stephen King: Pricing is the single most important decision any business will make. It’s the difference between companies that are knocking it out of the park and those that are struggling to survive. Paul Green: I’m also going to tell you how you can get a free copy of my boo

In this week's episode Does your team make the same mistakes again... and again... and again? Ever considered that this is actually down to you? This week Paul has some great insight into how you can eliminate this problem Also on this week's show, a financial expert joins Paul to talk about which numbers you need to focus on, to grow and increase your profits Plus, what's your 'happy balance' score? Paul explains what this is and how you can improve it Show notes Out every Tuesday on your favourite podcast platform Presented by Paul Green, an MSP marketing expert Paul recommended the books The Checklist Manifesto by Atul Gawande, The E-Myth Revisited by Michael Gerber and Built To Sell by John Warrillow Register for a free copy of Paul's book Paul's special guest was Stephen King from GrowthForce talking about how to get your pricing right Many thanks to Paul Charnock from Plexa for recommending the book The Chimp Paradox by Dr. Steve Peters Please recommend a book you think will inspire other MSPs here paulgreensmspmarketing.com/podcastbooks On April 13th Paul will be joined by John Davis, the 'Corporate Action Hero' talking about how to become a better version of yourself in business Please send any questions, ideally in audio-form (or any other feedback) to hello@paulgreensmspmarketing.com Episode transcription Voiceover: Fresh every Tuesday for MSPs around the world. This is Paul Green's MSP Marketing podcast. Paul Green: Hi there. Welcome back, and how are you doing today? Here's what we've got coming up in this week's show. Stephen King: Pricing is the single most important decision any business will make. It's the difference between companies that are knocking it out of the park and those that are struggling to survive. Paul Green: I'm also going to tell you how you can get a free copy of my book on MSP marketing. I'll tell you about that later in the show, and we'll be talking about how to stop your staff making the same mistakes over and over again. Voiceover: Paul Green's MSP Marketing Podcast. Paul Green: But let's start this week by tal

Stephen King is the President & CEO of GrowthForce, a company that specializes in outsourced bookkeeping, accounting and controller services for companies that want to run better, grow faster and make more money. Stephen spent much of his career at Ernst & Young and Amnesty International US, and has started a couple of his own companies. On this episode of the Strategy & Leadership Podcast, Stephen joins us to discuss how leaders can improve their decision making, his experience with peer groups, his 5-step process for profitability, how culture drives growth, and more. Here's a breakdown of our conversation: - Advice for leaders trying to improve their financial decision making  - His experience with peer groups & mentorship - His 5 Steps to Profitability Model - How your culture will help you grow or sink - How to foster a culture of tracking & the desire to follow data Get our FREE Strategic Planning Workbook template here: www.smestrategy.net/strategic-plann…mplate-workbook Enroll in our strategic planning course to learn our process for creating a strategic plan successfully (without hiring anyone): www.smestrategy.net/strategic-plann…ng-steps-course Are you looking for someone to facilitate your strategic planning process? Book a complimentary consultation to learn more about our approach: www.smestrategy.net/contact Want a software to track & monitor your strategic plan? Get a free trial for Cascade Strategy: go.executestrategy.net/trial?fpr=smestrategy // WEBSITE & RESOURCES: Website ► www.smestrategy.net/ Blog ► www.smestrategy.net/blog Strategy & Leadership Podcast ►www.smestrategy.net/podcast Alignment Book ► www.smestrategy.net/alignment-book Contact ►www.smestrategy.net/contact // FOLLOW US ON SOCIAL MEDIA: Facebook ► www.facebook.com/Smestrategy/ LinkedIn ► www.linkedin.com/company/2866558 Instagram ► www.instagram.com/anthonyctaylor/ Twitter ►twitter.com/smeinsights // ABOUT SME STRATEGY CONSULTING: SME Strategy is a management consulting firm that specializes in helping organizations develop and implement their strategic plans. We work with teams to facilitate conversations about strategic direction and business strategy so that our clients can focus their energy on what will move them forward faster. Based out of Vancouver, BC, we've worked with organizations all over North American and beyond in various industries including nonprofits, universities & government organizations.

In this week’s episode One of the reasons why it’s REALLY hard to turn a break/fix client into a managed services client, can be down to how they perceive you. Join Paul this week to find out how you can encourage them to flip over and become Monthly Recurring Revenue Also on this week’s show, what the future looks like for your helpdesk solution. Paul’s special guest gives insight into the most robust way to support your users And, as Paul’s campaign for you to hire a ‘telephone person’ continues, find out exactly what they should be talking to your leads and prospects about Show notes Out every Tuesday on your favourite podcast platform Presented by Paul Green, an MSP marketing expert Paul mentioned services on his website, including the MSP Marketing Edge and The War Room Paul mentioned the brilliant book all about inbound content marketing They Ask, You Answer by Marcus Sheridan The conversation regarding vendors moving to subscription-based models was in Episode 67 Sign up for Paul’s entry-level Marketing Accelerator training Paul’s special guest was Jason Kemsley from Uptime Solutions talking about what the future could hold for your helpdesk solution Many thanks to Jay McBain from Forrester Research for recommending the book The Tipping Point by Malcolm Gladwell Please recommend a book you think will inspire other MSPs here paulgreensmspmarketing.com/podcastbooks On April 6th Paul will be joined by Stephen King from GrowthForce talking about how to get your pricing right Please send any questions, ideally in audio-form (or any other feedback) to hello@paulgreensmspmarketing.com Episode transcription Voiceover: Fresh every Tuesday for MSPs around the world. This is Paul Green’s MSP Marketing Podcast. Paul Green: Hello and welcome back to the show. Here’s what we’ve got coming up for you this week. Jason Kemsley: With these really high ticket volumes, tell them we’re seeing these large volumes, but we will be dealing with your issue and we’ll be back to you by this time. Paul Green: Plus, we’re going to be looking at how you can convert more o

In this week’s episode One of the reasons why it’s REALLY hard to turn a break/fix client into a managed services client, can be down to how they perceive you. Join Paul this week to find out how you can encourage them to flip over and become Monthly Recurring Revenue Also on this week’s show, what the future looks like for your helpdesk solution. Paul’s special guest gives insight into the most robust way to support your users And, as Paul’s campaign for you to hire a ‘telephone person’ continues, find out exactly what they should be talking to your leads and prospects about Show notes Out every Tuesday on your favourite podcast platform Presented by Paul Green, an MSP marketing expert Paul mentioned services on his website, including the MSP Marketing Edge and The War Room Paul mentioned the brilliant book all about inbound content marketing They Ask, You Answer by Marcus Sheridan The conversation regarding vendors moving to subscription-based models was in Episode 67 Sign up for Paul’s entry-level Marketing Accelerator training Paul’s special guest was Jason Kemsley from Uptime Solutions talking about what the future could hold for your helpdesk solution Many thanks to Jay McBain from Forrester Research for recommending the book The Tipping Point by Malcolm Gladwell Please recommend a book you think will inspire other MSPs here paulgreensmspmarketing.com/podcastbooks On April 6th Paul will be joined by Stephen King from GrowthForce talking about how to get your pricing right Please send any questions, ideally in audio-form (or any other feedback) to hello@paulgreensmspmarketing.com Episode transcription Voiceover: Fresh every Tuesday for MSPs around the world. This is Paul Green’s MSP Marketing Podcast. Paul Green: Hello and welcome back to the show. Here’s what we’ve got coming up for you this week. Jason Kemsley: With these really high ticket volumes, tell them we’re seeing these large volumes, but we will be dealing with your issue and we’ll be back to you by this time. Paul Green: Plus, we’re going to be looking at how you can convert more of your brea

Visit this show online at www.growthforce.com/podcast. Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Cash flow is the lifeblood of every business. Let's dive into the impact of pricing on cash flow. In this episode, your host Stephen King, President & CEO at GrowthForce, walks you through why and how to price your jobs to raise your cash flow: What you'll learn: - Understanding the fully loaded labor cost - Establishing a gross profit per team field in your accounting system - Identifying which clients are most profitable (probably not your biggest client) - Why discounts are so damaging to cash flow Listening on a desktop & can't see the links? Just search for Path to Profit in your favorite podcast player.

Kariesha Martinez interviews Stephen King, CEO and President of GrowthForce. They discuss how to manage cashflow in crisis with their 5-Step Framework. Managing Cash Flow Through Times of Crisis - Having successfully navigated five recessions as an entrepreneur and fundraiser, Stephen knows how to read the numbers to make data-driven decisions - and this unique vantage point has helped him develop a framework for getting through a recession.

We had so much to cover with Stephen King that he is back for a second episode! Casey and Stephen we talk about the importance of backing up emotional decisions with data driven decisions and the drivers of profits. Stephen brings a unique combination of vision, foresight, and experience to help small businesses run better, grow faster and make more money. Regarded as one of the accounting industry's top thought leaders, he's currently serving as President & CEO of GrowthForce, one of the nation's largest cloud-based accounting services. GrowthForce: https://www.growthforce.com/  The Conscious Builder Website: www.theconsciousbuilder.com  The Conscious Builder on Youtube: https://www.youtube.com/channel/UCeThir3L7kgmChWyHnKBWVw  The Conscious Builder on Instagram: www.instagram.com/the_conscious_builder/ 

Visit this show online at https://www.growthforce.com/podcast... Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce A lot of people think that a software or service is done once it's developed. But innovation is never done. If you want to be a strategic ongoing partner for your customers, you have to continuously meet their expectations. You have to continuously execute ideas. You have to continuously deliver. In this episode of Path To Profit, Stephen King talks with Micah Brandenburg, Founder of Micah Brandenburg Consulting, to discuss the EOS business framework, and how this subscription-based delivery model built around the concept of traction can help your business grow. Micah also explains: - How to reverse-engineer your strategy starting with business outcomes - Three important aspects of exit planning - The 6 areas of the EOS framework broken down - How to move from being a project oriented company to a company that goes to recurring revenue

Stephen King is the CEO and founder of GrowthForce. From startups to working with Fortune 500 executives, Stephen brings a unique combination of vision, foresight, and experience to help small businesses run better, grow faster, and make more money. Regarded as one of the accounting industry's top thought leaders, he's currently serving as President and CEO of GrowthForce, one of the nation's largest cloud-based accounting service providers.A highly energetic and motivational business leader, entrepreneur, and speaker, Steve has a passion for helping businesses and nonprofits reach their growth potential. His ability to visualize the future of accounting and assemble a highly qualified and motivated team has led GrowthForce to become one of the nation's largest cloud-based bookkeeping, accounting, and controller service providers.

Visit this show online: https://www.growthforce.com/podcast Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Writing down goals increases the likelihood of success by 82%. It lets everyone on your team know what you're aiming for, and helps you increase alignment. In this episode of Path To Profit, Stephen King talks with Emily Hak, District Manager at Insperity, about how leaders can set their teams up for success through the simple act of writing down and cascading written goals in their business. Emily also explains: - How to motivate disengaged employees. - How to translate a company goal into individual goals. - A simple formula for creating goals that challenge employees.

Stephen King is Founder and CEO of GrowthForce, whose mission is " is to become a trusted partner leaders can rely on to provide actionable financial insights needed for making data-driven decisions." Stephen joins host Steve Boland to talk about this moment in time of changed community expectations in a pandemic, new debt tools not previously available (including the Economic Injury Disaster Loan from the SBA with a 30 year repayment), and more. Stephen talks about the use of debt, ensuring there is a sensible plan for recovery rather than just postponing difficult decisions for changes that are not going to go back to the way things were. Stephen discusses the "Amazonification" of expectations from donors and clients in the post-pandemic world, keeping your forecasting within reasonable range and much more

Stephen King, CEO of GrowthForce, joins Casey Grey for an interview this week. They talk about managing cash flow through a time of crisis, date driven decision making, and how people really drive profits.  Stephen brings a unique combination of vision, foresight, and experience to help small businesses run better, grow faster and make more money. Regarded as one of the accounting industry's top thought leaders, he's currently serving as President & CEO of GrowthForce, one of the nation's largest cloud-based accounting services. GrowthForce: https://www.growthforce.com/  The Conscious Builder Website: www.theconsciousbuilder.com  The Conscious Builder on Youtube: https://www.youtube.com/channel/UCeThir3L7kgmChWyHnKBWVw  The Conscious Builder on Instagram: www.instagram.com/the_conscious_builder/ 

Founder, President, CEO of GrowthForce. Show notes: https://www.markgraban.com/mistake36 My guest for Episode #36 of "My Favorite Mistake" is Stephen King... no, not that Stephen King... but the Stephen King who is founder, President, CEO of GrowthForce, one of the nation's largest outsourced bookkeeping, accounting and controller service for companies and non profits that use QuickBooks. He is also the host of the "Path to Profits" podcast. Today, Stephen talks about his favorite mistake of not billing what he was worth and thinking he could "sell your way to profitability." What good is more volume if the margin isn't good? He talks about the valuable lessons he has learned -- how a small pricing change can lead to a huge profitability boost, while still making the customer feel good about it. Stephen also shares how the "most important part of the culture" at GrowthWorks is "learning from mistakes" and being a "learning organization" as a core value. You'll hear how Stephen once had a "best mistake of the month" award and how they now use a Slack channel to share mistakes, even if there's no longer a prize. --- Support this podcast: https://anchor.fm/favorite-mistake/support

In this episode of Digging Deeper, Stephen King, president and CEO of GrowthForce, discusses the prevalence, and costs, of fraud in the construction industry, especially among smaller businesses; the steps contractors can take to identify and mitigate risks; and the role technology can play in fraud prevention.

Visit this show online: https://www.growthforce.com/podcast Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Moshe Vaknin increases the profitability of his clients by helping them get the most valuable users for their apps. By narrowing down his service to its unique selling proposition and concentrating the focus of employee's energy around a single simple unifying effort — in this case, customer retargeting — he's made his own unique path to profit. In this episode of Path To Profit, Stephen King talks with Moshe Vaknin, Founder & CEO at YouAppi, about the decisions he made in his business that helped him increase profitability and growth. Moshe also explains: - How YouAppi's services help brands grow their business. - What drives growth for YouAppi's profitability. - What remarketing is and the role AI plays in retargeting. - How to narrow focus to differentiate your product. - The value of a returning customer.

Visit this show online: https://www.growthforce.com/podcast Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce What could company culture look like if leaders were really great meeting facilitators? What could businesses look like if their people really loved meetings? You might be thinking, “Nobody loves meetings...” But there is a way to infuse meetings with more joy to create a more connected culture and efficient workflow. In this episode of Path To Profit, Stephen King talks with Douglas Ferguson, President at Voltage Control, about how leaders can use meetings to increase the productivity of their people and the profitability of their business. Douglas also explains: - What leaders are doing wrong when it comes to meetings - How to create psychological safety for your employees - How to make meeting environments more joyous - How joyous meetings increase productivity

Today on the podcast I'm speaking with Stephen King (@sKingGForce)with Growth Force. Stephen is the CEO of GrowthForce one of the largest providers of outsourced bookkeeping and controller services in the US. With three decades of experience in supporting businesses with their finances, Stephen has seen it all. The topic of today's conversation is an important one, Fraud! Stephen and I discuss how businesses are impacted by fraud and how to build better systems and processes in your business to ensure you're not one of the thousands of businesses every year that have money stolen from their business. This discussion spans cybersecurity, process management, human psychology, and trust. Please enjoy this useful discussion on how to protect your business from financial fraud.

Visit this show online: https://www.growthforce.com/podcast  Follow us on social! Twitter, LinkedIn, Facebook: @GrowthForce Cash flow is the lifeblood of every business. So if you have billing, collections, or pricing problems, your business will suffer. Cash flow issues can be difficult, even annoying to manage, but at the end of the day it's a lot easier to maintain than repair. In this episode of Path To Profit, host Stephen King makes the cash flow process easier with tips on managing the money coming in and going out of your business. He also shares: - Advice on automating and sending out invoices. - Tools and resources to use for billing and managing your cash. - The three “F's” of collections. - Tips for understanding your margins and pricing your jobs right.

Stephen is the President and CEO of GrowthForce, one of the nation's largest providers of outsourced bookkeeping and controller services. Stephen also founded Virtual Growth in 1995, the nation's first cloud-based accounting service, which was eventually acquired by Insperity. He also spent seven years working at Amnesty International USA, serving first as their CFO and […]

Visit this show online: https://www.growthforce.com/podcast Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce It's hard to think about selling your business in the middle of a pandemic. But it's a very real possibility. Business owners need to start thinking now about their exit strategy, whether they plan to exit or not, and increasing their business value to prepare for what may come in 2021. In this episode of Path To Profit, Stephen King talks with Brett Dearing, Founder of Business Owners Exchange (BXO) and Head of Business Owner Advisory at Cerity Partners, about his experience working with business owners on growth and succession planning. Brett talks about his experience developing and executing action plans for transferring business. He also talks about: - How to assess your profitability impact and prioritize risks and opportunity. - How to establish a platform for growth before you sell your business. - The three legs of the ‘business preparedness for exit' stool.

In this podcast, Brett Dearing, Founder of BXO and Stephen King, Founder of GrowthForce have an in depth discussion about the mistakes business owners make around growth planning and utilizing Key Performance Indicators (KPI's).  They also share real examples of success by business owners that incorporate customized KPI's for GROWTH! 

Visit this show online: https://www.growthforce.com/podcast Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce Small businesses and nonprofits are more vulnerable to fraud than larger organizations, and the effects can be far more damaging. Considering potential losses, small-business owners need to make the prevention of fraud a priority in their businesses. Mitigating fraud starts with being able to prevent and identify it in your company. In this episode of Path to Profit, host Stephen King, CEO of Growthforce, shares real stories of internal fraud and what to do in preventing it. Specifically, he covers: - An example of bill payment fraud from a nonprofit that outsourced its CFO. - Common forms of expense reimbursement fraud. - A story of an ingenious bookkeeper that committed payroll fraud. No system of internal controls will eliminate all fraud, but GrowthForce has some tips to help you minimize that risk. Visit our website and sign up for our webinar, where we'll show you what you can do to reduce your risk of fraud. Detecting, Preventing and Reducing Fraud in Your Business Webinar Sign Up! >>> http://bit.ly/P2P_Fraud

In this episode of Digging Deeper, Stephen King, president and CEO of GrowthForce, one the country’s largest cloud-based accounting services, shares strategies construction business owners can use to not only improve cash flow in the current challenging economic climate but long term. He also highlights the opportunities data-driven decision making can provide by enabling contractors to more accurately manage operating costs and ensure profitability on construction projects.

Visit this show online: https://www.growthforce.com/podcast Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce At a young age, Stephen King's eyes were opened to how technology can be used to reduce manual labor and help small businesses succeed. That revelation sparked an eagerness to “learn the language of business” and acquire accounting and technology skills that would allow him to help small businesses and nonprofits grow. In this introductory episode of Path To Profit, Martha DeFeo, Director of Marketing at Growthforce, interviews Path To Profit host and Growthforce President/CEO Stephen King about his professional journey. Stephen talks about his time working at Ernst & Young, Amnesty International partnering with Insperity, his side hustles that led him to his passion, and the time he met Peter Gabriel and Bono. He also talks about: His experiences from being an EY intern, the founder of a start-up and a President/CEO. Lessons learned on managing people and the importance of a financial management strategy. How he overcame the fear he felt starting Growthforce for the third time!

Visit this show online: https://www.growthforce.com/podcast Follow us on social! Twitter: www.twitter.com/GrowthForce LinkedIn: www.linkedin.com/company/growthforce Facebook: www.facebook.com/GrowthForce COVID-19 necessitated a shift from offices and resulted in an impressive spur of remote work. If remote work is going to be sustainable, it needs to become more than just work: it needs to be a conduit of culture. In this episode of Path To Profit, Stephen King speaks with Andrew Jackson, founder and president of BravoTech, about how to maintain and encourage a healthy company culture in a remote environment. Andrew talks about how being open to hiring more remote employees increases a company's reach and drives growth. He also discusses: How to maintain culture in a remote environment, and how to make it fun (including examples of interactive virtual games!). How managers can use KPIs to track remote employees. How to pivot to results-based management.

Today on the podcast I'm joined by Stephen King, President, and CEO of GrowthForce. GrowthForce is one of the largest outsourced accounting services in the US. His experience as a top executive in a Fortune 500 company is now put to work helping his team provide accounting system design and data-based management. In our discussion today we talk about the tough times that likely lay ahead for the economy in 2021. Why and HOW businesses should be preparing for a rough economic future. We also chat about the human element and how to balance the needs of your company with the desire to be a compassionate leader. Regardless of where you're at in your company journey, you should always know your numbers. This episode is a great resource to reflect on what you need to know and how you should be preparing for the future in order to protect your company's future.

How are you making decisions in your business?  Using data or trusting your gut? GrowthForce's Stephen King joins Stuart Crawford on the MSP Show to discuss making sound business decisions using data and the potential positive impacts on your organization.

Do the math they said. Math is the stronghold of business they said. They’re not wrong. But while there’s no denying that learning to count in more ways than one determines game-changing decisions in construction. Numbers are crucial for very obvious reasons, especially when it comes to changing gears from strength or growth to a business’s impending survival mode. Got more than what you spent? Awesome! Make sure to keep it that way. Noticed code red signs on your cash flow? Time to get the data out and rein the cash in. Easier said than done, and that’s why we have GrowthForce’s Stephen King in today’s Construction Genius episode, Cash King: 5 Ways to Master the Flow of Money in Your Business.  When it comes to math, it pays to listen to the real deal, so get ready to manage your cash flow better by tuning in to this very timely podcast! What’s Discussed in This Episode: Data is king, today more than ever [03:15] Good accounting and Bad accounting [04:10] Data towards decisions [05:12] Get restructuring—make that call [11:29] When the going gets tough, it’s about what you keep, not what you make [12:43] If you want to sell your way to profits, don’t [13:49] Discounting shouldn’t come at the expense of profit gains [15:49] Hold on to that gross profit line[18:29] Identify your above-the-line costs [18:52] Choose long-term value over the cost of acquiring a customer [23:31] Forecast profitability through better pricing [27:16] Do the math; cover overhead costs  [28:43] Outsource and do it right [31:46] Understand and be honest when your business is struggling [32:47] Recognize that people drive profits [33:49] Strengthen by keeping people who fit the core values [34:301] Determine key players whether they’re in your business or the competition’s [36:52] Cascade budget to the organization [37:46] Collections is king [42:33] About the Guest:  GrowthForce President and CEO Stephen King has been highly-rated in the industry for his knack of visualizing the future of accounting, leading GrowthForce to become one of the fastest-growing companies in America. Boasting nearly three decades of credentials at the forefront of technology development and accounting system design, Stephen continues to be one of the leaders in the nation’s largest outsourced accounting services for small businesses. Resources:  Start making data-driven decisions (https://www.growthforce.com/pandemic) Check out GrowthForce Financial Management Services (https://www.growthforce.com/) Connect with or follow Steve to know more about this commitment on LinkedIn Stay updated with Steve and GrowthForce by following him on Twitter Connect with me on LinkedIn. For more podcast episodes, you may also visit my website. Tune in and subscribe to the Construction Genius: A Leadership Master-Class Podcast on Apple Podcasts, Spotify, and Stitcher. Thank you for tuning in! 

Today, I'm talking with , the President and CEO of , a cloud-based bookkeeping, management accounting, and controller service. Having successfully navigated six recessions as an entrepreneur, Stephen knows a company's in trouble before the owner and has developed a framework for managing cash flow through times of chaos. For my company, SaberSim, revenue went to $0 for 4 months and while we've come out of it stronger than before, I cannot tell you how much I wish I had Stephen's framework at the start of this. As founders and CEOs, it's our job to make sure there is enough cash in the bank for the business to stay alive and that's been an incredible challenge with everything going on in the world.  In our chat, Stephen breaks down the 5 steps to take during a crisis—but COVID aside, managing cash flow is never easy and Stephen's advice today applies in times good and bad.

Stephen King is one of the top thought leaders in the accounting industry. He is the President & CEO of GrowthForce, one of the nation’s largest cloud-based accounting services, and has a life-long commitment to giving back to the community through charitable causes. His eBooks and blog provide insights on management accounting, business strategy, and finance to small businesses and nonprofits, the latter being his largest client sector. When not immersed in helping clients grow, he serves as a role model to his company for proper work-life balance. In this episode, we talked about managerial finance, financial reporting, business strategy, entrepreneurship, accounting, management services...

Stephen King is one of the top thought leaders in the accounting industry. He is the President & CEO of GrowthForce, one of the nation’s largest cloud-based accounting services, and has a life-long commitment to giving back to the community through charitable causes. His eBooks and blog provide insights on management accounting, business strategy, and finance to small businesses and nonprofits, the latter being his largest client sector. When not immersed in helping clients grow, he serves as a role model to his company for proper work-life balance. In this episode, we talked about managerial finance, financial reporting, business strategy, entrepreneurship, accounting, management services...

On today’s episode, Stephen King, president and CEO of GrowthForce, joins Dr. Sabrina and her co-host, Mike Bruno, for an illuminating conversation around pricing.  Should you discount during this economic downturn? Listen in to this discussion to hear compelling reasons why you should NOT discount, and what you should be doing, instead. Top executive at a Fortune 500 company. Bootstrapped CEO. Venture-backed tech startup founder. Non-profit fundraiser. It’s safe to say Stephen King is not your traditional CPA. Stephen is president and CEO of GrowthForce, one of the nation’s largest providers of outsourced bookkeeping and controller services. Regarded as an industry thought leader by AICPA and CPA.com, his ability to visualize the future of accounting has lead GrowthForce to become one of the fastest-growing companies in America. His experience at the forefront of technology development and accounting system design spans nearly three decades. In 1995 he founded Virtual Growth, the nation’s first cloud-based accounting service, and quickly grew it into a market leader. After being acquired by Insperity, Stephen was brought on as president of Insperity’s Financial Management Services division, serving two years before leaving to build GrowthForce. He also spent seven years working at Amnesty International USA—first overseeing 300 percent growth as CFO, then raising over $20M a year as Director of Development. Stephen’s time at Amnesty reinforced his life-long commitment to giving back to the community. As a result, non-profits represent 35 percent of GrowthForce clients. Profit by Design is a Tap the Potential Production in collaboration with Small Business Consulting Group. Show Highlights: Business owners are feeling a lot of pressure in this new normal. Pricing is harder if you’re not confident of the value that you’re bringing. Stephen addresses the issues around discounting, then provides the math:  If you have a 40 percent gross profit and you give a 10 percent discount, you need 33 percent more sales to generate the same bottom line. If you have a 30 percent margin, you need 50% more sales to generate the same bottom line. If you have a 40 percent gross profit and you ADD 10% to your pricing, you can sell 20 percent less and make the same money.  When Stephen let an objective person price his jobs, his fees started going up.  Stephen shares some case studies and classic mistakes from clients that allow him to share their data. The accounting industry was designed for compliance.  Financial accounting is designed for external users. For example, it is your CPA’s job to help you pay as little in taxes as you’re legally allowed to, to get you through an audit, and to keep the banks happy. Management accounting is about internal users and about understanding your unit economics, the profitability on each job.  Stephen explains the benefits of automated activity-based costing and cautions against time-leakage. Things to consider to gain confidence in pricing appropriately: Stephen offers accounting system suggestions to set up reports to show you your “income minus your cost of goods sold equals your gross profit”. Your gross profit percentage is the most important number of every financial statement. This will tell you if you’re pricing right. Which clients should you fire? Which clients should you re-price? How do you spend money to make money in sales and marketing? Dr. Sabrina explains the 80/20 principle: 20 percent of your clients and customers are responsible for 80 percent of your revenue. If you focus on increasing revenue from the top 20 percent by 25 percent, you’re at choice and you can get rid of 80 percent of your clients and customers. One mistake is to think that your biggest account is your best client. When you have the appropriate margin in your pricing you are able to run a much more simplified, streamlined business. Whatever you do, don’t discount your services during this economic downturn. Don’t make decisions based on fear. You need to have an attitude of gratitude. Surround yourself with people who have a positive mindset and who are looking for growth. Links and Resources: Taking care of yourself is important now more than ever. Are you ready to take your life back from your business?  The FIRST STEP is taking our Assessment at: https://www.tapthepotential.com/assessment NEXT, meet with our Success Team Lead to debrief your results. THEN, join our Better Business, Better Life™ program! Get the Book!! How to Hire the Best - Contractors Editionwww.TapThePotential.com/book How to Hire the Best Toolkit www.TapThePotential.com/Toolkit Get Your 2020 Action Planner Now! The Pumpkin Plan Action Planner 2020 https://www.tapthepotential.com/planner Dr. Sabrina’s WEBSITE Dr. Sabrina’s PODCAST - PLEASE RATE & REVIEW! Profit by Design, a Tap the Potential production in collaboration with Small Business Consulting Group For Resources & Tools from Sponsors - https://www.profitbydesignpodcast.com Subscribe & Share Podcasts! - https://www.profitbydesignpodcast.com/podcasts/ Facebook Group: https://www.facebook.com/groups/ProfitByDesign/ Calm App Maslow's Hierarchy of Needs Are You Leading with Love or Know Another Entrepreneur Who Is Being a Gift from Their Gifts During This Time? Please use hashtags #leadwithlove #beagift and we will be re-posting these social media posts! Books Mentioned: The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field by Mike Michalowicz Connect with Stephen! Stephen’s Website - Check Out His Evergreen COVID-19 Resources! Stephen’s LinkedIn Stephen’s Twitter

Stephen King of www.GrowthForce.com explains how you can avoid having an employee commit financial fraud against your business. You'll learn the things to be aware of, where it originates, and then how to prevent it.   Episode Highlights How to reduce risk Who to trust Reducing the risk of fraud Rationalizing behavior Level of risk Understanding your risk GrowthForce goal Helping business owners to grow A webinar about how fraud happens   Links and Resources www.growthforce.com  https://twitter.com/skingGForce https://www.linkedin.com/in/stephenkingcpa   Subscribe and Share Find us on Apple Podcasts Follow us on Spotify Listen on Stitcher Say hi on Twitter @spencershaw If you like what you hear we’d love for you to leave a review and tell us what you think. Your support is the fuel that keeps us going!

Stephen King ~ President & CEO GrowthForce ~ Current Series ~ Entrepreneurs Surviving & Navigating the Corona Crisis       From bootstrapped tech founder to billion-dollar executive, he is regarded as one of the accounting industry's top thought leaders, he's currently serving as President & CEO of GrowthForce, one of the nation's largest cloud-based accounting services. Stephen has worked with Fortune 100 companies and he's been an executive at a $4bn company and a fundraiser at a non-profit. He's launched bootstrapped startups and piloted an industry-leading tech company.   Importantly, for today's talk, Stephen has also successfully navigated five previous recessions as an entrepreneur.           Website: https://www.thebusinessmethod.com/stephen-king Apple Podcasts: https://podcasts.apple.com/us/podcast/the-business-method-podcast/id1069958541?mt=2 Google Podcasts: https://podcasts.google.com/?feed=aHR0cHM6Ly90aGVidXNpbmVzc21ldGhvZC5wb2RiZWFuLmNvbS9mZWVkLnhtbA%3D%3D Spotify: https://open.spotify.com/show/2q8Q9t78sCL6kNkWlnV1Po

Stephen King, CEO of GrowthForce, shares financial insights from his years of dissecting best practices of Fortune 1000 companies. Learn how to improve your financial intelligence during a crisis to restructure and scale your business safely. Get free tools and advice to make quick projections that will make or break the future of your business.

Stephen King is our guest today joining us on the Steve Jobs inspired Join Up Dots podcast. He is a top executive at a Fortune 500 company. Bootstrapped CEO. Venture- backed tech startup founder. Non-profit fundraiser. It's safe to say Stephen King is not your traditional CPA. Stephen is President and CEO of GrowthForce, one of the nation's largest providers of outsourced bookkeeping and controller services. Regarded as an industry thought leader by AICPA and CPA.com, his ability to visualise the future of accounting has lead GrowthForce to become one of the fastest-growing companies in America. How The Dots Joined Up For Stephen His experience at the forefront of technology development and accounting system design spans nearly three decades. In 1995 he founded Virtual Growth, the nation's first cloud-based accounting service, and quickly grew it into a market leader. After being acquired by Insperity, Stephen was brought on as president of Insperity's Financial Management Services division, serving two years before leaving to build GrowthForce. He also spent seven years working at Amnesty International USA—first overseeing 300% growth as CFO, then raising over $20M a year as Director of Development. Stephen's time at Amnesty reinforced his life-long commitment to giving back to the community. As a result, non-profits represent 35% of GrowthForce clients. So where does his true passion lie, in the quick moving startup world, or working for major corporations often with less than movable parts? And are we now at the start of the next industrial revolution, whereby we will see more and more people start their own businesses? Well let's find out as we bring onto the show to start joining up dots with the one and only Stephen King Show Highlights During the show we discussed such deep subjects with Stephen King such as: Stephen shares how people are changing their systems everywhere to simplify their businesses due to the pandemic. Stephen talks openly how he started the first cloud account and the steps he took to make things happen from scratch. Why our next generation of children are under such a strain to achieve the same level of success as their parents. And lastly........... We hear the story of Stevens family origins and how his Father  changed his life with just $47 and a boat ticket.

My guest for this episode is Stephen King. Given Stephen has gone from being a bootstrapped tech found to a billion-dollar executive to a nonprofit fundraiser, it’s safe to say he is not your traditional CPA. Stephen has over 20 years’ experience with nonprofits in fundraising and fund development. His experience at the forefront of technology development and accounting system design spans nearly three decades. In 1995 he founded Virtual Growth, the nation’s first cloud-based accounting service. Stephen spent seven years working at Amnesty International USA—first overseeing 300% growth as CFO, then raising over $20M a year as Director of Development. His time at Amnesty reinforced his life-long commitment to giving back to the community. Stephen is an industry thought leader and is known for his ability to visualize the future of accounting. That vision led to his creation of GrowthForce where he is President and CEO. Growthforce is one of the nation’s largest providers of outsourced bookkeeping and controller services. 35% of GrowthForce’s clients are nonprofits. Stephen and I discuss organizational culture, how financial management relates to it, and what the elements of culture are. Be sure to subscribe to Inspired Nonprofit Leadership so that you don’t miss a single episode, and while you’re at it, won’t you take a moment to write a short review and rate our show? It would be greatly appreciated!   Let me know the topics or questions you would like to hear about in a future episode. You can do that, and follow us, on Facebook. To learn more about our previous guests, listen to past episodes, and get to know your host, go to: Hiland Consulting To schedule your free 30 minute coaching session with me go to: Talk With Mary. To learn more about Stephen go to Growth Force.

Stephen King joins me for another special episode of Accelerate Your Business Growth. He’s sharing some great insights for dealing with today’s business challenges. GrowthForce is providing a webinar that goes into greater detail on these steps. From bootstrapped tech founder to billion-dollar executive to non-profit fundraiser, Stephen brings a unique combination of vision, foresight, and experience to the world of CPAs. Regarded as one of the accounting industry’s top thought leaders, he’s currently serving as President and CEO of GrowthForce, one of the nation’s largest cloud-based accounting services.    

Effectively managing accounting functions is critical to effective governance and maintaining the public trust. Stephen King, President and CEO of GrowthForce, joins Greg to discuss tips for nonprofit accounting done right, outsourced accounting, and strategies to prevent fraud.

In this episode of Life In Accounting: The Where Accountants Go podcast, we speak with Stephen King CPA, CGMA, and founder of GrowthForce, a leading cloud-based accounting service business for both commercial businesses and non-profits. The Value of Accounting Knowledge and a Diverse Background Early in his life, specifically high school, Stephen learned that accounting was an excellent career choice for several reasons: 1)  He would always be able to find work. People ALWAYS need their books taken care of properly, no matter what the industry is – including rock-n-roll! (Listen to the audio & you'll see what we mean) 2) If you are trying to get a new position and you know how to read a P&L, you are much more valuable to the company because accounting is the language of business. 3) In accounting, you are key to helping companies increase their bottom line. Also, while there is definitely value for some individuals in staying with the same organization long-term, Stephen decided to take a different route and worked in many diverse organizations. Those included small businesses, one of the Big 4 firms (EY), not-for-profits, and even a position in fundraising! This diverse background has served him well in the consulting industry. What Does Success Look Like Going Forward? As a trusted advisor, Stephen truly is living his dream and feels very fortunate, but he is always adding new challenges and goals for himself. He enjoys continuing to expand GrowthForce. And his one piece of advice for our podcast audience is to get your CPA license. It will give you instant credibility and open many doors along the way in your career. Ready to learn more? Check out Stephen King's ebook, the CEO's Guide to Cashflow. To listen in on this interview with Stephen King, please use the player below:

The profession is crowded. There are hundreds of thousands of CPAs, tax preparers and bookkeepers actively practicing in the United States alone. The profession is also commoditized. Crowding, massive national franchises and technology shifts cause many practitioners to compete on price - to use price point as their distinction. In this podcast, we take this challenge head on with two of the nation's leading practitioners (Laura Redmond of Redmond Accounting and Steve King of GrowthForce). These cutting-edge leaders perpetually create distinction in their firms in the areas of culture, service delivery, efficiency, and effectiveness (i.e. value) to increase margins in an increasingly competitive and commoditized profession.

Steve founded GrowthForce in 2004 in Kingwood, Texas with a desire to help small businesses grow. An innovator in the accounting industry, Steve has enabled small businesses to access systems, expertise and services typically available only to Fortune 500 companies. His experience with system design, best practices and management services spans nearly three decades. As an entrepreneur himself, Steve has a passion for helping service businesses reach their growth potential. A highly energetic and motivational leader and speaker, Steve has built GrowthForce into the largest outsourced bookkeeping and controller service in Houston, and one of the largest in the United States with clients on every continent.   Show Keywords: Accounting Tax CPA Accountant Bookkeeping Bookkeeper Podcast

Steve founded GrowthForce in 2004 in Kingwood, Texas with a desire to help small businesses grow. An innovator in the accounting industry, Steve has enabled small businesses to access systems, expertise and services typically available only to Fortune 500 companies. His experience with system design, best practices and management services spans nearly three decades. As an entrepreneur himself, Steve has a passion for helping service businesses reach their growth potential. A highly energetic and motivational leader and speaker, Steve has built GrowthForce into the largest outsourced bookkeeping and controller service in Houston, and one of the largest in the United States with clients on every continent.   Show Keywords: Accounting Tax CPA Accountant Bookkeeping Bookkeeper Podcast