In this insightful episode, host Dave Dubeau welcomes fellow podcaster and experienced cross-border tax accountant Brian Ludwig, host of the Prairie Founders Podcast. Brian brings over two decades of experience working with farmers, business owners, and U.S.-Canada cross-border clients.
Brian reveals how he’s moving beyond the old-school "compliance only" approach to offer small businesses strategic financial guidance. As a fractional CFO, he empowers entrepreneurs to use their numbers not just to report the past—but to plan and profit for the future.
They discuss:
Why most business owners misunderstand gross profit vs. net profit
What big businesses do right with financial planning that small businesses often miss
The importance of knowing your cost of goods when investing in marketing
How Brian saved a client $40,000 on a business acquisition by understanding tax implications
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