Special Encore Presentation: Get your cash flow in order!
October 21, 2013
Hosted by Brendan Anderson and Jeffrey Kadlic
[Download MP3] [itunes] [Bookmark Episode]
Guest Information
Episode Description
The reason most businesses fail to achieve the desired levels of success is not because of the product, price, promotion, or even the initiative or passion of the entrepreneur, but rather a failure to produce detailed and timely financial statements, goals (or a plan), and key performance indicators that align to the plan to reach “success.” In this episode we will tackle the first of five pillars key to building a foundation for scale, great financials. Having detailed and reliable financials is the #1 pillar all businesses owners should embrace. Great financials allow for transparency into your business. Where are you making money? What does your cash flow look like? Accurate financials provide the data and metrics on which to make sound business decisions. You will have a clear picture as to where your business currently is and what you will need to do to take it to the next level. If you don’t know where you are today, how do you ever get to where you want to be?
The Second Stage
Archives Available on VoiceAmerica Business Channel
The Second Stage serves as an entrepreneurial forum to exchange ideas and best practices amongst peers. While each business is unique, most companies face the same obstacles on their path to success. The topics and trends addressed within this community of like-minded individuals will include financials and reporting, valuation and value creation, succession planning, human resources, technology, insurance and benefits, as well as many others. The show will be delivered from the perspective of the hosts who view opportunities from both an entrepreneurial and institutional private investor perspective.
The Second Stage also shines a light on the significant impact that entrepreneurs and their growing companies have on creating a vibrant economic base.
Brendan Anderson and Jeffrey Kadlic
Brendan Anderson has spent the past 20 years as an investor and manager of businesses ranging from manufacturing to financial services. Fascinated by the capital gap within the small business growth sector, he rapidly came to the conclusion that providing best practices in addition to growth capital could consistently produce great results for the management, employees, communities, and investors. He is an active member and mentor within Entrepreneurs’ Organization, and is continuously entrenched in its culture of best practices.
Jeffrey Kadlic spent the first 10 years of his career making private investments in an institutional setting. Early success was achieved in large part to an entrepreneurial mindset within a corporate culture. While practicing as an institutional investor, working in and around dynamic small businesses, he recognized that growing small businesses needed more than just an influx of cash to scale operations. Leveraging corporate practices within an entrepreneurial setting, in addition to the capital, was the best way to achieve great performance.
Brendan and Jeffrey are both alumni of Crain’s Forty under 40 and E and Y Entrepreneur of the Year finalists.
Connected by their passion for growing small companies, in 2005, Anderson and Kadlic partnered to co-found Evolution Capital Partners, focused exclusively on advising and investing growth capital in Second Stage Companies. Evolution and its companies recognized on the Inc.500 5000.
