Unlocking Financial Success: Insights from Patrick Arnold
In the latest episode of The Gross Profit Podcast, James Kennedy sits down with Patrick Arnold from Elliott Davis to dive deep into the world
In the latest episode of The Gross Profit Podcast, James Kennedy sits down with Patrick Arnold from Elliott Davis to dive deep into the world
This week James sits down with Patrick Arnold, Director of Client Advisory Services at Elliott Davis, to explore the power of Client Advisory Services (CAS) and its game-changing impact on business profitability. Patrick shares an engaging case study of how he helped a golf cart business in South Carolina go from stagnant growth to seven-figure annual distributions – all by optimizing inventory, restructuring financial processes, and leveraging technology for smarter decision-making.
They also dive into the role of CAS in modern accounting, the evolution of public accounting firms to include more strategic, forward-thinking advisory, and how business owners can unlock hidden cash flow by better managing working capital.
Featuring Debbie Rosler, Fractional CFO at Burkland What happens when a startup CEO “borrows” $1.5 million from their own company – and no one notices
This week James sits down with Aaron Mills, founder and CEO of Daaxit, to discuss the realities of running a profitable construction business – and how the right financial strategy can be the difference between barely surviving and scaling with confidence.
Aaron shares his journey from 20 years in the construction industry to founding his own successful fractional CFO firm. Together, they dig into smart pricing strategies, incentivizing field teams, and how he helped one business owner go from burnout to working just one day a week.
Stick around to the end to hear Aaron’s surprisingly controversial business hero pick – and why it inspires him to push further every day.
Understanding the Differences Between Cash and Accrual Accounting When it comes to accounting for a SaaS business, the traditional methods used for other types of