REVUP Your Business with Hilda Gan
REVUP Your Business with Hilda Gan (formerly REVUP Your Potential) is a podcast for small to medium-sized business owners, entrepreneurs, and HR professionals. Each week, we’ll be sharing tips, strategies, and trends on how you can build success in your business. Hilda will share her expertise as a people-centric leader in work culture and human resources, along with guests in marketing, sales, finance, IT, leadership, and the multiple facets of business. If you love to learn and want to find out how you can REVUP your business, join us!
REVUP Your Business with Hilda Gan
S5E26: How to Get Your Company's Financials Investor Ready with Daryl Ching
Are you worried about the finances of your company? Do you want to be successful in securing the funds to grow your business to the next level? For business owners, a comprehensive understanding of company finances is necessary in order to secure funding from bankings or investors, but is too often overlooked.
Daryl Ching CFA is the Managing Partner at Vistance Capital Advisory. Having spent 10 years in investment banking and 10 years working in an executive role at small businesses, Daryl has a unique vantage point to bridge the gap between small businesses and institutions offering capital, having been on both sides. As a result, he started Vistance Capital Advisory to help small and medium size businesses to be ready to get the funding they need to continue to grow and succeed.
In this episode, we share tips for small business owners on how to get their finances in order, the importance of cutting overlooked expenses, looking at accounting as a value-added expense, why people are your greatest assets, and more!
Chapters:
02:14 - Tips for small business owners to get their finances in order
06:16 - Notice to Reader vs Audited Financial Statements
09:21 - Importance of cutting overlooked business expenses
11:34 - Looking at accounting as a value-added expense / how accounting more than pays for itself
16:10 - The bigger picture and what sets Daryl apart
19:02 - Challenges with becoming an accountant
21:52 - Tips and strategies for gross profit margins
26:25 - Challenges with scaling as a CEO
28:59 - Why people are your greatest assets
32:24 - What’s next for Daryl
33:55 - Where to find Daryl
Connect with Daryl - https://www.linkedin.com/in/daryl-ching-cfa-b28b845/
Visit Vistance Capital - https://vistancecapital.com/
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Hosted by Hilda Gan - ca.linkedin.com/in/hildagan
Visit us at - peoplebrightconsulting.com
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Hilda Gan is a sought-after expert on effective HR strategies, work culture enhancement, and employee engagement. Unique among HR consultants, Hilda combines over 25 years of HR expertise with business acumen and business owner experience.
People Bright Consulting is an award-winning HR Management Consulting firm that helps leaders of companies build the foundations for successful hiring, healthy and inclusive work culture, and engaged staff. It starts with listening to our clients and finding pragmatic customized business solutions to HR problems.
#Business #Finance #Accounting #Investor