July 31, 2024

Balancing Debt & Profit for Growth

On this episode of the Gross Profit Podcast, James Kennedy sits down with Manny Skevofilax, Principal of Portal CFO Consulting. They delve into Manny’s extensive career journey from the restaurant industry to banking and his current role helping small to mid-sized businesses optimize their financial strategies.
The Gross Profit Podcast
The Gross Profit Podcast
Balancing Debt & Profit for Growth
Loading
/

Show Notes

This week James Kennedy is joined by Manny Skevofilax, Principal of Portal CFO Consulting. They delve into Manny’s extensive career journey from the restaurant industry to banking and his current role helping small to mid-sized businesses optimize their financial strategies.

About Manny Skevofilax: Manny Skevofilax is a seasoned financial expert and the Principal at Portal CFO Consulting, where he dedicates his expertise to guiding business owners on maximizing profits and navigating growth challenges. With his profound understanding of financial health, Manny assists businesses in making informed decisions, emphasizing sustainable growth without the pitfalls of excessive debt.

What You’ll Learn:

  1. Career Insights: Manny’s transition from his family’s restaurant business to becoming a key figure in financial consulting.
  2. Understanding Costs and Managing Debt: Strategies for balancing debt and profit to fuel business growth.
  3. Essentials of Cash Flow Management: Practical advice from Manny on maintaining healthy cash flow and making strategic financial decisions.

Episode Highlights:

  • “Manny, can you share how your early experiences in the restaurant and banking sectors shaped your approach to financial consulting?”
  • “What are the key competencies you believe every CFO should possess to effectively manage a company’s finances?”
  • “In your book, you discuss the dangers of pursuing rapid growth without solid profits. Can you elaborate on that concept?”

More about Manny’s Mission: Manny is not just about improving financial sheets; he’s committed to enhancing the overall well-being of the businesses he works with, ensuring they provide well for their owners and employees alike. His leadership and strategic support aim to cultivate environments where businesses not only survive but thrive.

This podcast is tagged under:

The Gross Profit Podcast

More Episodes

Merushka Chetty

The Hidden Risk of Unsold Businesses

In this episode of the Gross Profit Podcast, we dive deep into the world of mergers and acquisitions with a deal leader from Chelsea Corporate, Ovidiu Cismileanu.

Join us as we explore essential strategies for running an acquisition as a CFO, the process of finding potential targets, and the importance of keeping the momentum during negotiations.

Listen Now »
Merushka Chetty

Turning a Side Hustle into a Main Hustle

Paul Marshall, founder of Rapid Fluidics, joins the Gross Profit Podcast to share his experience building a thriving business in the microfluidics space. Learn how he identified a market need, secured funding through grants and angel investors, and navigated the challenges of competing with larger companies. Plus, discover how 3D printing is revolutionizing the development of medical diagnostic devices.

Listen Now »
Merushka Chetty

Buy-In Management Buyouts (BIMBOs)

Ever wondered what a Management Buyout (MBO), or even a BIMBO, is?
This episode features Karl Lloyd, an experienced fractional CFO who has worked with numerous businesses. He shares his insights on this less-talked-about exit strategy, explaining the mechanics, the benefits, and the potential pitfalls.

Listen Now »