
Episode #154
You're Making Money… So Where Is It Going? | Profit First Explained With David Richter
What if your business is making more money, but you’re still not keeping any of it? In this episode of the Know Your Numbers Podcast, Chris McCormack sits down with David Richter, founder and CEO of Simple CFO and author of Profit First for Real Estate Investing, to break down the financial systems that help business owners take control of their cash. David shares his journey from working in real estate and helping scale a company to 25 deals per month while spending the equivalent of 26 deals to discovering the importance of cash flow management and building a system that helps business owners actually keep the money they make. Whether you're a real estate investor doing your first deal, running multiple deals per month, or operating a completely different type of business, this conversation offers practical ideas for gaining clarity and taking control of your finances. If you found this episode valuable, like, follow, and share the podcast with another business owner who needs to get better control of their money. •••••••••••••••••••••••••••••••••••••••••••• To connect with David, visit his Social Media Platforms: Facebook: https://www.facebook.com/david.richter.395/ Instagram: https://www.instagram.com/thedavidrichter/ LinkedIn: https://www.linkedin.com/in/david-simple-cfo Website: https://simplecfo.com/ •••••••••••••••••••••••••••••••••••••••••••• ➤➤➤ To become a client, schedule a call with our team ➤➤ https://www.betterbooksaccounting.co/booking-calendar/better-books-consultation •••••••••••••••••••••••••••••••••••••••••••• Connect with Better Books on Social Media Facebook: https://www.facebook.com/betterbooksaccounting.co Instagram: https://www.instagram.com/betterbooksaccounting.co → → → SUBSCRIBE TO BETTER BOOKS’ YOUTUBE CHANNEL NOW ← ← ← https://www.youtube.com/@betterbooksaccounting The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

