Accounting Best Practices For Emerging Brands With Heidi Huntington Of AVL Growth Partners

Accounting for the financials of your emerging brand can be a daunting task, but the sooner you get to it, the better it will be for you in the long term. In this episode, you will be treated to some best practices that might help you go through this arduous but ultimately rewarding task. Elliot Begoun gets into the heart of this matter with Heidi Huntington, Principal of AVL Growth Partners, a Colorado-based full stack CFO firm specializing in early stage and high growth brands. Some of the valuable nuggets that you can find in this episode are the importance of starting early with meticulous data recording, the advantages of accrual accounting, the value of creating cashflow projections and manual tracking of inflows and outflows, the difference between fixed and variable trade spends and so much more. Most valuable of all, you will learn what differentiates a bookkeeper and a strategic accounting partner and why investing in the latter will save you a lot of cost and trouble in the long run. Love the show? Subscribe, rate, review, and share! Join The TIG Talks Community today: