256: Business Strategies to Build a 7 Figure Exit! (w/ CFO MICHAEL BARBARITA!)

This episode features Michael Barbarita, a seasoned entrepreneur and financial expert, who shares his incredible journey from owning and operating diverse businesses like "Ski Town USA" and "Cookies To Scoop Frozen Cookie Dough" to founding Next Step CFO. Michael's story is a testament to resilience and learning from both triumphs and failures. He candidly discusses the highs of growing Ski Town USA from $2.5 million to $8 million in just five years and the lows of facing business closure.  His experience spans retail, manufacturing, service industries, and even global trade, providing him with a unique, well-rounded perspective on financial management. After years of navigating the complexities of business ownership, including serving as CFO for his own ventures and sitting on the boards of five different companies, Michael recognized a need for accessible financial guidance for small businesses. This realization led him to establish Next Step CFO in 2007.  Next Step CFO offers fractional CFO services, focusing on a "rolling business and cash flow forecast" as the cornerstone of strategic planning. This approach empowers business owners to understand their financial position, anticipate challenges, and unlock growth opportunities. Michael's passion lies in helping small business owners achieve financial success. He leverages his 35+ years of experience to provide practical solutions and strategic insights, enabling them to increase profitability, build business value, and avoid common pitfalls. His mission is to empower entrepreneurs to earn multiple six figures in profit and build seven figures in value. Tune in to hear Michael's inspiring story and learn how Next Step CFO's unique approach can help your business thrive. For More Info: https://www.nextstepcfo.net/