Show information

Episode Number: 18

Date: January 22, 2024

Duration: 21:00

Host: Justin Deese

Website: JustinDeese.com 

Contact: Justin@JustinDeese.com

Guest: Kristen Deese

Summary

In this episode of the Freedom Blueprint Podcast, host Justin Deese interviews his wife Kristen about her role as a virtual CFO for contractors. Kristen specializes in helping contractors who use Service Titan and QuickBooks. She offers three levels of service: apprentice, journeyman, and master, each with increasing levels of financial analysis and strategic guidance. Kristen has seen companies improve their financial understanding and departmentalize their operations, leading to better decision-making and increased profitability. She also emphasizes the importance of clean financials when selling a business. Listeners can connect with Kristen through her website, kristendeese.com.

Takeaways

  • Kristen provides virtual CFO services to contractors, specializing in Service Titan to QuickBooks.
  • She offers three levels of service: apprentice, journeyman, and master, each with increasing levels of financial analysis and strategic guidance.
  • Working with a virtual CFO can help contractors improve their financial understanding, departmentalize their operations, and increase profitability.
  • Clean financials are important when selling a business, as they can lead to a higher valuation.

Chapters

[03:07] – Kristen’s Role in Helping Contractors

[04:16] – Specializing in Service Titan to QuickBooks

[04:46] – Experience with Service Titan

[06:18 ] – Speaking at Conferences

[07:34] – The Importance of Financials

[09:20] – Starting the Virtual CFO Service

[ 12:03] – Overview of Virtual CFO Programs

[13:18 ] – Apprentice Program

[ 14:03] – Journeyman Program

[15:05] – Master Program

[ 17:13] – Improvements Seen in Companies

[18:12]- Selling Businesses with Clean Financials

[19:08] – How to Connect with Kristen

[19.23] – Working Directly with Kristen