Shows
Journal of Accountancy PodcastA trailblazing CPA on managing a merger and why it’s OK to lose clients Jody Grunden, CPA, stands out for more than his brightly colored Hawaiian shirts at accounting conferences and events. Grunden was one of the first firm leaders to embrace remote work, and he remains a proponent of it. His firm also was one of the first to offer outsourced CFO services. In this JofA podcast episode, Grunden reflects on his firm’s growth, explains how cultures can mesh during a merger, and predicts where the future lies for CPAs. Hint: It’s not in delivering financial statements to clients. In an earlier JofA interview, Grunden discussed not...
2025-06-1822 min
Measure Success PodcastYou Need to Know Key CFO StrategiesGrowth is exciting—but without strong financial strategy, it can lead to cash flow issues and missed opportunities. Jody Grunden, co-founder of Summit CPA, explains how Virtual CFOs help businesses scale without financial blind spots. Key insights: ✅ How forecasting helps businesses avoid financial pitfalls ✅ The most common cash flow mistakes—and how to fix them ✅ Why strategic CFO planning leads to long-term success If you want to scale with confidence and financial clarity, don’t miss this episode. Need CFO services? Let 40 Accounting help! Connect with Jody:...
2025-04-1542 min
Creative Agency Success ShowWhat's a Maturity Model Anyway?Creative Agency Success Show (Episode 144): “A maturity model isn't a report card, it's about understanding where your decision-making capabilities are.” - Jamie NauIn this episode of The Creative Agency Success Show, Jamie Nau and Jody Grunden pull back the curtain on how small business owners can move from just getting by to truly thriving. They’ve spent the last eight months crafting a maturity model designed to help you assess where your business stands in five key areas: cash management, forecasting, profitability, sales outlook, and financial reporting.
2025-04-0824 min
The Entrepreneurs' Guild PodcastThe Entrepreneurs' Guild EP 214: With Jody GrundenJody is an accounting visionary with over 20 years of experience. He has helped pioneer innovative changes within the industry, including the introduction of the first subscription-based billing method employed by an accounting firm. He is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud. Jody co-founded Summit CPA Group, which merged with Anders in 2022. Summit Virtual CFO by Anders, was the first fully distributed firm and a leading provider of Virtual CFO services in North America. With this merger, Summit brings to Anders a number of benefits that will help conti...
2025-04-0120 min
Franchise UnfilteredHow to Scale Your Business with a Virtual CFO | Jody Grunden's Expert StrategiesIn this episode of The Path to Freedom Podcast, Wes is joined by Jody Grunden, the founder of Summit Virtual CFO by Anders. Jody pioneered the virtual CFO model over 20 years ago and has helped countless businesses optimize their financial strategies.
They discuss:
-The origins of Summit Virtual CFO and its evolution over two decades
-How virtual CFO services help small businesses scale strategically
-Key financial metrics that business owners need to track
-The importance of cash reserves and dynamic forecasting
-Subscription-based billing an...
2025-03-0645 min
The Young CPA Success Show2024 Year in ReviewEpisode Title: 2024 Year in ReviewEpisode Notes:In our year end wrap up: Jody, Brett, Tom, Hannah, and Jamie share favorite moments from the show, podcasting resolutions and holiday gift wishes. the hosts reflect on personal anecdotes and provide their aspirations for the upcoming year. They also introduce a new behind-the-scenes team member."It’s super common for us to go into a conference and have someone say, "Hey, I love that podcast you’re on." It’s really cool, and we really enjoy it." – Jody GrundenThe finer details of this epis...
2024-12-3037 minCreative Agency Success Show2024 Year in ReviewEpisode Title: 2024 Year in ReviewEpisode Notes:In our year end wrap up: Jody, Brett, Tom, Hannah, and Jamie share favorite moments from the show, podcasting resolutions and holiday gift wishes. the hosts reflect on personal anecdotes and provide their aspirations for the upcoming year. They also introduce a new behind-the-scenes team member."It’s super common for us to go into a conference and have someone say, "Hey, I love that podcast you’re on." It’s really cool, and we really enjoy it." – Jody GrundenThe finer details of this epis...
2024-12-3037 min
Accounting High239 Growing From Accountant to Entrepreneur [Part 2] (feat. Scott Scarano, EA)Episode 239
FACULTY: Scott Scarano, EA and Matt Kid, CPA
CLASS: #Shoperations
In this episode, our substitute teacher, Matt Kidd, continues his interview with Scott Scarano, EA where Scott shares the story of how he grew his accounting firm to $1.3 million with $400,000 in annual cash flow, and became completely removed from daily operations. Scott provides insights into the importance of a strong team, unique hiring methods, and embracing technology and innovation in the firm. He also touches on his passion for rapping, his struggle with growth versus letting off the reins, and his future...
2024-12-1843 min
Building the Premier Accounting FirmRewind : The Riches are in the Niches to Build a Multi-Seven Figure Accounting Business with Jody GrundenJoin us as we revisit this conversation from 2020! Imagine starting the business using your personal line of credit, having employees that make more than you and then one day it takes off. The decisions made to offer unique services in a specific industry actually help you stand out and grow your business. You may hear it often to focus on a niche, but does it really pay off, for Jody it did, and he’ll share how and why. Building a large accounting firm offering quality services that bring value to the client is something he’s...
2024-11-3053 min
Getting Results with Dr. JeanE86: Jody Grunden: From Hourly Billing to Virtual CFO: Reinventing the Accounting IndustryDr. Jean, The Results Queen® and her special guest, Jody Grunden, discuss his unconventional journey in the accounting industry, starting with disliking audit work and transitioning to tax before ultimately embracing entrepreneurship. Jody Summit CPA Group with the goal of changing the perception of accounting, rejecting hourly billing in favor of a virtual CFO model. Jody faced initial skepticism about his remote service delivery approach, but persistence and innovative marketing helped him build momentum over 10 years. They discussed results-based work, fostering autonomy and culture in a distributed team, and Jody shared insights around selling the successful business he had b...
2024-11-2240 minAccounting High228 $10M Model Cloud Accounting Firm, Beyond the Summit (feat. Adam Hale, CPA)Episode 228
FACULTY: Adam Hale, CPA
CLASS: #Shoperations
TITLE: $10M Model Cloud Accounting Firm, Beyond the Summit
In this episode of Accounting High, join the host and guest Adam Hale from Summit CPAs as they dive into the transformation from traditional accounting to advisory services. Adam discusses the journey of creating a successful model cloud accounting firm, emphasizing the shift from answering questions to asking them, the importance of building a niche, and the challenges of merging with a larger firm like Anders. He shares valuable insights on developing advisory services, maintaining...
2024-10-0655 min
Brews & BusinessFinancial Mastery for Growth: Jody Grunden on Cash Flow and KPIs in Service-Based BusinessesIn this insightful episode of our podcast, we're excited to host Jody Grunden, a renowned accounting visionary and co-founder of the innovative Summit CPA Group, now known as Summit Virtual CFO by Anders. With over two decades of experience, Jody brings a wealth of knowledge in financial management, particularly for service-based companies.Join us as Jody delves into the critical aspects of financial management, including effective strategies for cash flow management, the importance of Key Performance Indicators (KPIs), and the art of forecasting in service-based...
2024-10-051h 30Accounting High227 $3.5M Firm with a Budget for Being Uncomfortable (feat. Mike Meilinger, CPA)Episode 227
FACULTY: Mike Meilinger, CPA
CLASS: #Shoperations
In this episode, join us as we dive into an inspiring conversation with Mike Meilinger, a seasoned CPA and business coach who has transformed not only his accounting firm but also his health. Mike shares his incredible physical transformation and adopting extreme fitness regimes like 75 Hard. Gain valuable insights on balancing business success with personal health, the importance of emotional well-being, and why investing in discomfort can lead to growth in all aspects of life.
📣 Shout Outs: Gary Breka Health Routine, Bridging the Gap, Del...
2024-09-2947 min
Spaghetti on the WallWhat is the Difference? | Episode 184 with Jody Grunden🌟Episode 184: Niching Down for Success with Jody Grunden!🌟
Join us as we chat with Jody Grunden, co-founder of Summit CPA Group, who shares his entrepreneurial journey from public accounting to creating an innovative "virtual CFO" service.
He opens up about the challenges he faced in corporate life, his decision to break free, and the strategies that helped him systemize financial services for small businesses.
Watch Now!
Spotify: https://open.spotify.com/show/3PPwr6c7BOo00ftz9AdUIT?si=99db2e29f6894b50
Youtube : https...
2024-09-1043 minThe Young CPA Success ShowTransforming Accounting: How Jody Grunden’s Journey is Redefining the Industry for Young Professionals“I want to make sure that whatever we create, it's not only conducive for my lifestyle but for my entire team.” – Jody Grunden The finer details of this episode:Transformation of the accounting professionChanging perceptions within the accounting industryImportance of personal relationships and communication in professional successExperiences and challenges faced in public accounting and corporate rolesEntrepreneurial journey and founding of Summit CPA GroupEmphasis on work-life balance and flexible work environmentsAdoption of remote work and its impact on company cultureNeed for adaptability and innovation in accounting practicesRole of soft skills and interpersonal relationships in future account...
2024-09-0953 min
CPA Trendlines PodcastsJody Grunden: Be Different. Make More Money.Prove the naysayers wrong.The DisruptorsWith Liz FarrIn 2013, Jody’s firm, Summit Virtual CFO, became one of the first financial firms in the world to go fully remote. At the same time, they narrowed their focus to creative agencies. Those two changes, combined with a weekly subscription pricing model they’ve been using since 2007, resulted in a “hockey slope type ramp up.”
13 MORE TAKEAWAYS: More Jody Grunden Disruptor Notes
MORE: Disruptors
MORE CPA TRENDLINES PODCASTS and VIDEOS: Jason Blumer & Julie Shipp: Move Leaders Out of Client Service | James Graham: Drop the B...
2024-08-0356 min
Accounting Answers PodcastAutomation with Insight: The Next Wave in Accounting TechEp: 94 Top experts answer: "What could the tech/software vendors do better to serve accountants?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:What could the tech/software vendors do better to serve accountants?You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB International
2024-07-1111 minAccounting Answers PodcastAutomation with Insight: The Next Wave in Accounting TechEp: 94 Top experts answer: "What could the tech/software vendors do better to serve accountants?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:What could the tech/software vendors do better to serve accountants?You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB International
2024-07-1111 min
CFO BookshelfWhat is Accounting Leadership?As I think about our next guest, Jody Grunden, he reminds me of the successful business leader who Mixergy's Andrew Warner should feature. Jody co-founded Summit CPA Group in the early 2000s and decided to focus on financial leadership instead of offering the conventional services many small firms provided.This discussion addresses the accounting shortage, effective accountants, and why accounting professionals have nothing to fear about AI technologies.A Case Study In Corporate Fear"A Case Study in Corporate Fear" deconstructs how fear transforms successful...Listen on: Apple Podcasts Spotify
2024-06-291h 00CPA Trendlines PodcastsJody Grunden Says Subscription Pricing Plays a Game Changer Get rid of the noise of hourly billing and create value.The DisruptorsWith Liz FarrFor over a decade, Jody Grunden, CPA, has been doing things that many firms are just now discovering. Summit Virtual CFO (now part of Anders) offers weekly subscription-based pricing as a fully remote firm, and their main offering is virtual CFO services or, in today’s parlance, CAS 2.0 services. He’s also the one you might spot at accounting conferences in his signature Tommy Bahama shirts instead of a suit and tie, not quite what you might expect from...
2024-06-271h 15
The Elevate Your Business Podcast with Adam KoosMastering Financial Metrics and Team Building with Jody Grunden6In this episode of "Elevate Your Business," Adam sits down with Jody Grunden, Co-founder of Summit CPA Group and partner at Summit Virtual CFO by Anders. Summit Virtual CFO is recognized as the leading provider of virtual CFO services across North America, assisting over 100 businesses in maximizing profits, minimizing taxes, and increasing cash flow. Jody brings a wealth of expertise and experience to the conversation, offering invaluable advice for business owners looking to optimize their financial strategies. During the discussion, Adam and Jody explore the most critical financial metrics every business owner should monitor. Jody e...
2024-06-1351 minAccounting Answers PodcastThe Next Era in Accounting: Trends & TransformationsEp: 74 Top experts answer: "What are your top 3 predictions for the accounting world in coming years?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:What are your top 3 predictions for the accounting world in coming years?You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB...
2024-06-1316 minAccounting Answers PodcastThe Next Era in Accounting: Trends & TransformationsEp: 74 Top experts answer: "What are your top 3 predictions for the accounting world in coming years?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:What are your top 3 predictions for the accounting world in coming years?You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB...
2024-06-1316 min
Better Business, Better LifeJody GrundenJody Grunden– Better Business, Better Life: Building on Your Success with Terry DuPont Episode 040 Success is A Journey, Not A DestinationJody Grunden, Partner at Anders CPAs + Advisors, is an accounting visionary with over 20 years of experience. Jody co-founded Summit CPA Group, a trailblazing firm that pioneered fully distributed operations--making it the first fully distributed accounting firm in the country--and became the top provider of Virtual CFO Services in North America. In 2022, Summit joined forces with Anders CPAs + Advisors, rebranding as Summit Virtual CFO by Anders. This merger brings numerous advantages to Anders, aligning with Jo...
2024-06-0637 minAccounting Answers PodcastTech-Forward Accounting: The Next Generation's BlueprintEp: 52 Top experts answer: "Will the next generation of accountants be any different from their predecessors?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:Will the next generation of accountants be any different from their predecessors?You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB...
2024-05-1410 minAccounting Answers PodcastTech-Forward Accounting: The Next Generation's BlueprintEp: 52 Top experts answer: "Will the next generation of accountants be any different from their predecessors?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:Will the next generation of accountants be any different from their predecessors?You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB...
2024-05-1410 min
SharkPreneurThe Evolution of Virtual CFO ServicesJody Grunden is an accounting visionary with over 20 years of experience. He has helped pioneer innovative changes within the industry, including the introduction of the first subscription-based billing method employed by an accounting firm. He is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud.Together with his partner Adam Hale, Jody co-founded Summit CPA Group in 2002. It was the first fully distributed accounting firm in the country. In 2020, Summit merged with Anders CPAs + Advisors, and is now recognized as Summit Virtual CFO by Anders...
2024-04-2418 minAccounting Answers PodcastThe Strategic Accountant: Guiding Businesses to SuccessEp: 32 Top experts answer: "Are business owners any closer to receiving proactive advice from accountants?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:Are business owners any closer to receiving proactive advice from accountants? You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB International
2024-04-1610 minAccounting Answers PodcastThe Strategic Accountant: Guiding Businesses to SuccessEp: 32 Top experts answer: "Are business owners any closer to receiving proactive advice from accountants?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:Are business owners any closer to receiving proactive advice from accountants? You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB International
2024-04-1610 minAccounting Answers PodcastThe Future Unveiled: Key Trends Reshaping AccountingEp: 12 Top experts answer: "What, if anything, will significantly change accounting in the next few years?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:What, if anything, will significantly change accounting in the next few years?You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB...
2024-03-1909 minAccounting Answers PodcastThe Future Unveiled: Key Trends Reshaping AccountingEp: 12 Top experts answer: "What, if anything, will significantly change accounting in the next few years?"The Accounting Answers Podcast, hosted by Rob Brown, asks critical questions of the experts, leaders and influencers who shape the decision-making of accountants, CPAs and finance professionals. Today we ask:What, if anything, will significantly change accounting in the next few years?You'll hear insightful and passionate answers from these 5 experts and influencers:Jessica Freiburg | Managing Partner of leading Chicago accounting firm Sassetti LLCJim Bourke | Partner @ Withum & Global Advisory Leader at HLB...
2024-03-1909 minAccounting High198 The Timesheet Debate: Ron Baker vs Ed Mendlowitz, CPAEPISODE 198
FACULTY: Ed Mendlowitz & Ron Baker
CLASS: #TheGuide
In this episode, we have a debate on the highly contested topic of timesheets with the accounting profession's heavyweights Ed Mendlowitz and Ron Baker. Listen to find out if timesheets are still essential to running a practice, or if they are the cancer of the profession.
Chapters:
00:04:51 Introductions
00:06:24 Setting the Stage
00:07:50 Opening Remarks: Ed Mendlowitz
00:09:34 Ron's Rebuttal
00:12:53 Counter Argument by Ed
00:14:38 Timesheets Create an Artificial Ceiling
00:15:26...
2024-03-101h 07Accounting High196 Attracting Advisory Clients that Pay $5,000/mo! (feat. Paul Seaton, CPA)EPISODE 196
FACULTY: Paul Seaton, CPA a.k.a. Rev. Swaggy P
CLASS: #SocialStudies
In this engaging podcast episode, Scott dives into a conversation with Rev. Swaggy P, also known as Paul Seaton, CPA, and the Founder of Agency CFO. The episode unfolds the intriguing journey of Rev. Swaggy P, from his role as an almost Catholic Priest to becoming a Cloud CPA and CFO.
Shout Outs:
Marcel Petitpas, Parakeeto, Ron Baker, Jody Grunden, Summit CPA Group, Brian Soloentrop, @SoleyBusiness, Jason Staats, Roman Villard
Chapters:
00:09:01 Introducing...
2024-02-251h 01
Sell With AuthorityMaximize Agency Profitability with Thought Leadership and Metrics, with Jody GrundenI am excited to welcome our guest expert, Jody Grunden, to this episode of Sell With Authority. Jody has been on the front lines navigating agency ownership for over two decades. He Co-Founded Summit CPA Group, a trailblazing firm that pioneered fully distributed operations and became the top provider of Virtual CFO Services in North America. In 2022, Summit joined forces with Anders CPAs + Advisors, rebranding as Summit Virtual CFO by Anders. On this episode, we dive deep into the challenges, opportunities, and everything in between that agency owners — just like you and me — face everyday. In ou...
2024-02-0741 min
Profit Answer Man: Scaling with Profit First & BeyondHow to Scale Your Business with Strategic Financial Leadership with Jody GrundenHow to Scale Your Business with Strategic Financial Leadership Discover the secrets to improving cash flow and making informed financial decisions in your business with Jody Grunden. Jo is an accounting visionary with over 20 years of experience. He has helped pioneer innovative changes within the industry, including the introduction of the first subscription-based billing method employed by an accounting firm. He is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud. Together with his partner Adam Hale, Jody co-founded Summit CPA Group in 2002. It w...
2023-12-1941 min
Business ChoreographyChanging the Way People Look at Accounting with Jody GrundenSpecial guest Jody Grunden takes us through his unorthodox approach to revolutionizing accounting. From managing an unexpected influx of resumes during a client meeting to boldly embracing remote work in the financial sector, Jody shares real stories of grit and innovation. Explore the practical side of his game-changing subscription-based billing model, eliminating billing surprises and reshaping client interactions. Uncover the raw realities, challenges, and unexpected opportunities that defined his path, leading to a successful merger. If you're eager to challenge industry norms and gain actionable insights into reshaping financial practices, don't miss this episode.
Jody i...
2023-11-2836 min
Earmark Podcast | Earn Free Accounting CPEJody Grunden's $10 Million Secret: Weekly Client MeetingsJody Grunden, the founder of Summit CPA Group, was a trailblazer in establishing one of the first CPA firms specializing in virtual CFO services. They recently achieved an impressive $10 million in revenue. What propelled Jody's success? The key lies in his commitment to regular client meetings. In this enlightening discussion, Jody unveils his strategy of revolutionizing client relationships by transitioning from traditional monthly engagements to weekly touchpoints. Tune in now to unlock the potential of this simple yet transformative shift, enabling you to enhance your advisory services and propel your firm's growth to new heights....
2023-11-201h 07
Better Business, Better LifeSuccess is A Journey, Not A DestinationJody Grunden, Partner at Anders CPAs + Advisors, is an accounting visionary with over 20 years of experience. Jody co-founded Summit CPA Group, a trailblazing firm that pioneered fully distributed operations--making it the first fully distributed accounting firm in the country--and became the top provider of Virtual CFO Services in North America. In 2022, Summit joined forces with Anders CPAs + Advisors, rebranding as Summit Virtual CFO by Anders. This merger brings numerous advantages to Anders, aligning with Jody's vision of changing the way people think about accounting. These include enhancing the "hybrid" work environment, establishing thought leadership in Virtual CFO Services, and...
2023-09-2137 minAccounting High173 Growing a Profitable Remote CFO Accounting Firm (feat. Jody Grunden, CPA)Episode 173
FACULTY: Jody Grunden
CLASS: #GuidePosts
TITLE: Growing a Profitable Remote CFO Accounting Firm (feat. Jody Grunden, CPA)
In this podcast episode, Scott interviews Jody Grunden, CPA, co-founder of Summit CPA Group and author of two books, to discuss various topics related to running an accounting practice and building virtual CFO services, dressing "professionally", and niching down.
Introduction and an update on recent developments since the last interview.
The origin story of Jody’s Hawaiian shirts
Scott shares his similar wardrobe story
Discussing th...
2023-09-101h 05
Digital VelocityRemote Team Management - Jody GrundenThis week on the Digital Velocity Podcast, Jody Grunden of Summit CPA Group joins Erik and Tim to discuss why effective employee management, proper technology implementation, and solid company culture are all key components of a successful remote team. https://www.digitalvelocitypodcast.com/episodes/46-remote-team-management-jody-grunden
2023-07-2037 min
Test. Optimize. Scale.Test. Optimize. Scale. #111 “If you want to scale, niche a service, and niche an industry.” w/ Jody GrundenMy guest is Jody Grunden! Jody is a Partner at Anders CPAs + Advisors, an accounting visionary with over 20 years of experience. Jody co-founded Summit CPA Group, a trailblazing firm that pioneered fully distributed operations--making it the first fully distributed accounting firm in the country--and became the top provider of Virtual CFO Services in North America. In 2022, Summit joined forces with Anders CPAs + Advisors, rebranding as Summit Virtual CFO by Anders. This merger brings numerous advantages to Anders, aligning with Jody's vision of changing the way people think about accounting. These include enhancing the "hybrid" work environment, establishing thought leadership i...
2023-06-1550 min
The Business Credit and Financing ShowJody Grunden How to Get a Remote CFO for Your BusinessJody Grunden is an accounting visionary with over 20 years of experience. He has helped pioneer innovative changes within the industry, including the introduction of the first subscription-based billing method employed by an accounting firm. He is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud. Together with his partner Adam Hale, Jody co-founded Summit CPA Group (Summit) in 2002, which merged with Anders CPAs + Advisors (Anders) in 2022. Summit, now a division of Anders, was the first fully distributed firm and the leading provider of Virtual CFO Services in North A...
2023-06-0726 min
The Business Credit and Financing ShowJodie Grunden How to Get a Remote CFO for Your BusinessJody Grunden is an accounting visionary with over 20 years of experience. He has helped pioneer innovative changes within the industry, including the introduction of the first subscription-based billing method employed by an accounting firm. He is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud. Together with his partner Adam Hale, Jody co-founded Summit CPA Group (Summit) in 2002, which merged with Anders CPAs + Advisors (Anders) in 2022. Summit, now a division of Anders, was the first fully distributed firm and the leading provider of Virtual CFO Services in North A...
2023-06-0726 min
The Finance & Accounting ShowPositioning your Business for a Profitable Merger with Jody GrundenSo how do you position your business for a multi-million dollar merger? Well, we sat down with the founder of Summit CPA to hear about his journey and the story of how the Summit and Anders CPA merger came about. We also discuss some common mistakes that business owners make that stop them from being an attractive company that could be worth buying. Every business owner needs to understand this thought process, even if you don't want to merge or sell your business.Enjoy the episode! ================For Resources & Support inquiries, please go to...
2023-05-2427 min
The Golden AGE of Business#45. Positioning your Business for a Profitable Merger with Jody GrundenSo how do you position your business for a multi-million dollar merger? Well, we sat down with the founder of Summit CPA to hear about his journey and the story of how the Summit and Anders CPA merger came about. We also discuss some common mistakes that business owners make that stop them from being an attractive company that could be worth buying. Every business owner needs to understand this thought process, even if you don't want to merge or sell your business.Enjoy the episode! ================For Resources & Support inquiries, please go to...
2023-05-2427 min
The Unique CPABreaking the Mold: Making Your Firm ProfitableRandy welcomes Jody Grunden of Anders CPAs on Episode 106 of The Unique CPA. A two-time author, speaker and visionary, Jody helped pioneer virtual CFO services as well as subscription-based billing in the accounting profession, creating new ways for firms to do business. He recounts his unusual journey, including tales of lost luggage and declined credit cards as he tried to finally solidify a stable business. Get the full show notes and more resources at TheUniqueCPA.com
2023-05-2343 min
Agency BytesEp 025 - Jody Grunden, Summit CPAFeaturing: Jody Grunden, Summit CPA
In this episode, I got to talk to Jody about what it’s like running one of the first fully distributed CPA firms, and their acquisition process by Anders CPA + Advisors. He talks about how they set out to launch the firm as a change agent in the space and how they flipped the billing model on its head in the creative agency CPA and advisory space. While Jody doesn’t run a creative firm, he lets us in on the immense value of niching down into vertices and how it proves to scalability. Lear...
2023-05-1928 min
Accelerate Your Business GrowthThe Value Of Dynamic ForecastingIn this episode Jody Grunden, Co-founder of Summit CPA Group and Partner at Anders CPAs + Advisors, joins our host Diane Helbig to discuss the role of dynamic forecasting in ensuring business growth. With more than 20 years of experience in public and private accounting, Jody has discovered that many small business owners don’t know why they need a forecast; and if they do know that they need one, oftentimes, they aren’t sure how to create one.Jody Grunden is an accounting visionary with over 20 years of experience. He co-founded Summit CPA Group in 2002. As the leading prov...
2023-05-1534 min
Smart Agency Masterclass with Jason Swenk: Podcast for Digital Marketing Agencies4 KPIs to Predict Your Agency Financial FutureWhat key metrics are you tracking for your agency? Do you know which KPIs are crucial for making proactive decisions to benefit your agency? There are 4 key metrics that enable you to see into your agency’s future and make smarter growth decisions. Today’s guest runs a CPA advisory firm that provides agencies with the tools they need to come up with original solutions for their unique challenges. He shares the four key metrics every agency should be tracking to predict their future moves. Jody Grunden is the founder of Anders CPAs + Advisors, a virtual CFO grou...
2023-05-0733 min
Good Business with Clay VaughanBecoming a Thought Leader in Your Industry with Jody GrundenJoin us in this episode of Good Business as we talk with Jody Grunden, the co-founder of Summit CPA Group, the first fully distributed accounting firm that provides virtual CFO services to over 100 companies across the United States. Jody is also an industry speaker and the author of Digital Dollars and Cents, a book that helps digital companies create a financial roadmap to success.In this episode, Jody shares his insights on why positioning yourself as a thought leader in your industry is crucial for business success. We delve into the benefits of being a thought leader...
2023-04-2632 min
Manage SmarterThe Most Important Money MetricsJody Grunden co-founded Summit CPA Group (Summit) in 2002, which merged with Anders CPAs + Advisors (Anders) in 2022. Summit, now a division of Anders, was the first fully distributed accounting firm. As the leading provider of Virtual CFO Services in North America, Summit provides professional Virtual CFO Services for over 100 companies across the United States, helping business owners dive deep into the financial side of their business to maximize profits, minimize taxes, and increase cash flow.In this podcast for managers, Audrey, Lee and Jody discuss: -The Four Most Important Financial Metrics for Growing Your Business
2023-04-0920 min
Business Strategy for CPA's234 Time's Up! with Ron Baker: Subscription Business Model for CPA Firms, Part 2*Want one piece of business strategy delivered daily to your inbox?* Subscribe here: geraldinecarter.com/subscribe How can CPAs grow their accounting practice when they’re over capacity, underutilizing their talents and not providing optimal client support? Many CPA firms still rely on the hourly billing business model, where the firm has to log more work hours providing services to increase revenue. It focuses on hours and deliverables, not on results and value. A compelling alternative is the subscription business model, where the provider enables serial transformations to the buyer, and con...
2023-03-2230 min
The Digital SliceRevolutionizing Small Business Accounting: Strategies for SuccessVisit thedigitalslicepodcast.com for complete show notes of every podcast episode. In this episode of The Digital Slice Podcast, Brad Friedman and Jody Grunden, co-founder of Summit CPA Group, chat about the efficiency of having a virtual CFO on your staff and other must-know business tips intended to help you grow your business even if all your employees are virtual. Jody co-founded Summit CPA Group, which merged with Anders CPAs + Advisors in 2022. Summit, now a division of Anders, was the first fully distributed accounting firm. As a leading provider of Virtual CFO Services...
2023-03-2130 min
Breakthrough SuccessE735: How to Grow and Manage a Remote Business with Jody GrundenJody Grunden is the co-founder of Summit CPA Group, a leading provider of Virtual CFO Services that merged with Anders CPAs + Advisors in 2022. The Summit CPA Group provides virtual CFO services for over 100 companies across the United States. Resources: Summit CPA Connect with Jody on LinkedIn Get the first three chapters of Content Marketing Secrets for free Connect with me on LinkedIn
2023-03-0125 min
Journal of Accountancy PodcastInnovative CPA firm leader: ‘We never had a fear of trying’Jody Grunden, CPA, the co-founder and CEO of Summit CPA Group, isn’t afraid to fail — he says he’s done it many times over the years. The firm, now part of Anders CPAs + Advisors thanks to a 2022 merger, is an innovator in several aspects of client billing and payment, from getting away from paper checks to escaping the “rat race” of hourly billing. Grunden, the author of two books, explains on this episode of the Journal of Accountancy podcast some about Summit’s journey, why his co-founder at first was against a move to remote work, and why his...
2023-01-2620 min
Business Strategy for CPA's225 Selling Summit CPA for Multiples with Jody Grunden*Want one piece of business strategy delivered daily to your inbox?* Subscribe here: geraldinecarter.com/subscribe Many CPAs work until they're done. And they either hand their firm down, sell it, or turn off the lights and close the door. Some miss an opportunity to be more strategic about what they choose to build with an eye toward future value creation. Here today to talk with me about this is my guest, Jody Grunden. Jody is the co-founder & CEO at Summit CPA Group, A Division of Anders CPAs + Advisors. Sum...
2023-01-1839 min
Business Growth HacksFinance Forward: Expert Insights With Jody Grunden
In this episode of Small Business Nation, our guest is Jody Grunden, the owner of Summit CPA Group. Jody joins the show to discuss the financial side of businesses and how to maximize profits, minimize taxes, and increase cash flow. Summit CPA Group is a division of Anders CPAs and Advisors, which is the first fully distributed accounting firm and leading provider of virtual CFO services in North America. Jody is also an industry speaker and author of the book "Digital Dollars and Cents," which helps digital companies create a financial roadmap to success.
2023-01-1655 min
Accounting High089 Thinking Big and Small (feat. Jason Staats, CPA) | #StaatSnacksEpisode 89 | Recorded September 2, 2022
Our Accounting High listener survey is right here https://bit.ly/3NRSAfD
An episode that’s surely worth capping off 2022. Jason Staats, CPA, MBA and Scott (Lil Toddler) Scarano gives us another great talk about everything big and small, and I mean EVERYTHING! Career? Business? Family? Purpose? Contents? Hobbies? You name it. This lengthy episode is no short of topics that’ll make you ponder on the things that you’ve done, how far you’ve reached, and how much more you can accomplish. From all of us here at Accounting High, Wishing...
2022-12-312h 03
AICPA Town HallThe AICPA Town Hall Live from DCPATopics DC and profession update Technical Updates CPA pipeline and management accounting evolution Small firm CEO will share his experience running a small firm that was acquired by a large firm, plus discuss progressive advisory services Speakers Barry Melancon, President and CEO, AICPA Erik Asgeirsson, President and CEO, CPA.com Lisa Simpson, VP, Firm Services, AICPA Jody Grunden, Co-Founder and CEO, Summit CPA Group Anoop Mehta, AICPA Chair & Chief Strategist, Analytical Mechanics Associates Ron Quaranta, Chairman, Wall Street Blockchain Alliance
2022-12-061h 01AICPA Town HallThe AICPA Town Hall Live from DCPATopics DC and profession update Technical Updates CPA pipeline and management accounting evolution Small firm CEO will share his experience running a small firm that was acquired by a large firm, plus discuss progressive advisory services Speakers Barry Melancon, President and CEO, AICPA Erik Asgeirsson, President and CEO, CPA.com Lisa Simpson, VP, Firm Services, AICPA Jody Grunden, Co-Founder and CEO, Summit CPA Group Anoop Mehta, AICPA Chair & Chief Strategist, Analytical Mechanics Associates Ron Quaranta, Chairman, Wall Street Blockchain Alliance
2022-12-061h 01
Accounting High059 (re)Pricing with Scotty & Nikole | #VarsityEpisode 59 | Recorded May 31, 2022
In this episode, your hosts Scott and Niks discuss repricing hows, whats, whens, and whys. Curious how other firms do it? Is your repricing strategy working? What value-added services do you think your clients would love? Come join us as we find out more about how we can reprice our services and make the whole process easier for your firm and your clients
Thank you to our wonderful sponsor, LiveFlow... get 20% off for 3 months with promo code SONS at checkout, go to liveflow.io/sons
2 - Once you price, your...
2022-08-0456 min
But Who's Counting?Exclusive Interview: Get to Know Summit CPA with co-founder Jody GrundenIn a special episode of the But Who's Counting? podcast, host David E. Hartley meets with Jody Grunden, CEO and co-founder of Summit CPA, a division of Anders, to discuss what the future looks like for Anders and Summit together. They dive into the story behind Summit's successful virtual CFO offering and how the recent Anders and Summit merger will open opportunities for innovation and bring more value to our clients.Make sure to never miss an episode by subscribing on Spotify, Pandora or Apple Podcasts and let us know what you think by rating and reviewing. K...
2022-06-0227 min
Accounting HighThe Unique CPA Presents - The Vaporware Show (feat. Scott Scarano, EA)BONUS - Rebroadcast of Episode 65 of The Unique CPA ...and it is “pure vaporware”
Randy and Scott have a great time talking about everything under the sun, from beer and other methods of “relaxation,” to one of the key tenets of The Unique CPA: The changing face of public accounting, which also happens to be a heavy focus of this show.
Check out The Unique CPA Podcast at https://tri-merit.com/podcasts/
About the Guest
Scott Scarano is the Owner and President of Padgett Business Services of Raleigh-Durham. He founded the Sons of...
2022-05-1354 min
The FaaS Evolution by GrowthLab FaaSThe Fractional CFO & The Exit Plan w/ Jody GrundenThe guys are back! With a new episode of FaaS Evolution Podcast powered by GrowthLab Financial. This week's episode we address a myriad of Virtual and Fractional CFO based topics and much more with this week’s special guest Accounting visionary Jody Grunden, CEO and co-founder of Summit CPA Group, a distributed company with a non-traditional approach to accounting.
Learn More about GrowthLab here:https://www.growthlabfinancial.com/GrowthlabPodcast
The FaaS Evolution podcast is focused on how Finance-as-a-Service is transforming the accounting industry. The podcast is hosted by GrowthLab FaaS, where we interview thought leaders in...
2022-04-2950 min
The Ambitious Bookkeeper Podcast46 ⎸ Building a remote Virtual CFO Firm with Jody GrundenSend us a textThis week I’m interviewing Jody Grunden co-founder and CEO of Summit CPA Group, a leading Virtual CFO firm in the creative agency space. We are talking about scaling, removing yourself from your firm, offering CFO services, building an amazing virtual team culture, and lots of things in between.After we stopped recording, I told Jody I wished I’d found his firm when I was still working in corporate because I totally would’ve worked for him. If you’re not ready to start your own firm or know it isn’t fo...
2022-04-2846 min
Accounting High047 The Model Cloud Accounting Firm (feat. Jody Grunden, CPA)Episode 47 | Recorded January 10, 2022
Today we’ll learn about Jody Grunden’s CPA journey and how his firm went from $0 in 2002 to $9 million plus in 2022. By taking the non-traditional route in accounting – combining vision and integration to form a biz model that really, really works - Summit CPA Group is a shining example what TO do!
shout out to our sponsors this week; Xero and Gusto's People Advisory Accelerator, go to gusto.com/training and type in the code sons100 for $349 off
Meet Jody: LinkedIn: https://www.linkedin.com/in/jodygrunden/
Jody is not th...
2022-04-241h 08
Accounting High#NiksTips on PodsSeason 2 Episode 9 Bonus
Sons of CPAs Bonus episodes where Nikole “Niks” Mackenzie and Scott Scarano share a small but useful piece of practical advice as it relates to running their professional accounting firms. This episode is brought to you by the letter P… these bonus episodes are deep dives into topics that start with the letter P, and it’s a little different than our regular episodes
Pods are how you structure your team in terms of how you deliver your services to your clients.
Shout out to Niks … and her regular guest Episode on...
2022-03-0123 min
Accounting High#NiksTips on Podcasts Pt. 22day is Twosday 2.22.22 happy 2sday, brought to you by the number 2 ... we present 2 you, part 2 of #NiksTips on Podcasts
Sons of CPAs Podcast bonus episode drop feat. Nikole Mackenzie, CPA and scott scarano, ea 🥶😈
shout out to all the co-hosts Jason Ackerman, CPA, CFP®, CGMA 🔥 Michael Ly and Zachary Call, CPA
mini show notes:
2 if you want to see the Pop! Cover Art that corresponds to the episode you’re listening to, check it out on Spotify Podcasts
3 Sons of CPAs title explained again…
2022-02-2222 min
Change Your MindsetNostradamus of the Accounting Profession“The type of person that we had to look for to be a virtual CFO is completely different than the type of person that we looked forward to being an accountant.” Jody GrundenMy guest today is Jody Grunden. Jody is the CEO and co-founder of Summit CPA Group, a fully distributed virtual CFO firm. He has authored two books, Digital Dollars, Cents, and Building the Virtual CFO Firm in the Cloud. He won multiple awards, including recognition of Tony's Top Innovative Practitioner by cpa.com. In today’s episode, Jody will discuss what he's done to...
2022-01-3129 min
The Modern CPA Success ShowBest Advice for Remote First Companies"Just do it. It's one of those things that if you think about it and you try and make it perfect it never will be. No one working in the office will ever be perfect. So (it's always) come out of your comfort zone and step into the risky area and go remote. You just have to do it." - Jody Grunden The finer details of this episode :What to consider and what to prepare for before going remoteHow to start and how to maintain a remote workplaceWhat helped Summit CPA Group? (Tools, processes, pe...
2021-12-2830 minCreative Agency Success ShowBest Advice for Remote First Companies"Just do it. It's one of those things that if you think about it and you try and make it perfect it never will be. No one working in the office will ever be perfect. So (it's always) come out of your comfort zone and step into the risky area and go remote. You just have to do it." - Jody Grunden The finer details of this episode :What to consider and what to prepare for before going remoteHow to start and how to maintain a remote workplaceWhat helped Summit CPA Group? (Tools, processes, pe...
2021-12-2130 min
The 401(k) Audit CPA Success ShowThe Great ResignationSummit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "We're seeing it all across different disciplines, all different types of employment and what we're finding is that people are quitting - and that really started from probably I'd say January and still continuing on through today - where they're quitting for all kinds of reasons" - Jody GrundenThe finer details of this episode What is "The Great Resignation"?What are the reasons behind this phenomenon?What companies ca...
2021-11-1029 minThe Modern CPA Success ShowThe Great Resignation"We're seeing it all across different disciplines, all different types of employment and what we're finding is that people are quitting - and that really started from probably I'd say January and still continuing on through today - where they're quitting for all kinds of reasons" - Jody GrundenThe finer details of this episode What is "The Great Resignation"?What are the reasons behind this phenomenon?What companies can do to take the employee retention to the next level?Finding candidates, the evaluation process and preventing no-shows.Episode resourcesSummit CPA website - w...
2021-11-0129 minCreative Agency Success ShowThe Great Resignation"We're seeing it all across different disciplines, all different types of employment and what we're finding is that people are quitting - and that really started from probably I'd say January and still continuing on through today - where they're quitting for all kinds of reasons" - Jody GrundenThe finer details of this episode What is "The Great Resignation"?What are the reasons behind this phenomenon?What companies can do to take the employee retention to the next level?Finding candidates, the evaluation process and preventing no-shows.Episode resourcesSummit CPA website - w...
2021-09-1529 min
Systems SimplifiedHow to Successfully Manage a Remote Team Using the TTP Model with Jody GrundenJody Grunden, CPA, is the Co-founder and CEO of Summit CPA Group, a company providing virtual CFO and accounting services to help businesses maximize profits, minimize taxes, and build cash flow. Jody started Summit CPA in 2002 and has had a long career as a Tax Accountant for companies including BKD CPAs & Advisors and Crowe LLP. Jody is also an Official Member of the Forbes Finance Council. In this episode: How did one company successfully transition to a fully remote workplace — before it was trendy? What is the TTP model of success? And, how does having th...
2021-08-1834 min
Leveraging Thought LeadershipLeveraging Thought Leadership | Jody Grunden | 315Today's guest is Jody Grunden, a visionary accountant with over 20 years of experience that has helped pioneer innovative changes to his industry. Jody is the co-founder and CEO of Summit CPA Group, author of Digital Dollars and Cents. Jody takes us back to 2013 when he arrived at a conference to speak only to have a series of events go wrong that ended with him giving his presentation off the cuff while wearing a Hawaiian shirt and becoming a huge success! Since that fateful event the Summit CPA Group has undergone a lot of changes. We di...
2021-05-2334 minThe Modern CPA Success ShowChoosing Vendors with Jake Grimm"In our industry, we're always looking at what can save time and what's not going to break down all the time” - Jody GrundenThe finer details of this episode Understanding your company's needs to find the right solution for youHow to choose the best vendor for your companyThings to consider before saying "yes" to a vendorHow Summit CPA Group weeds out all proposals to find the best one Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net
2021-03-2928 minCreative Agency Success ShowChoosing Vendors with Jake Grimm"In our industry, we're always looking at what can save time and what's not going to break down all the time” - Jody GrundenThe finer details of this episode Understanding your company's needs to find the right solution for youHow to choose the best vendor for your companyThings to consider before saying "yes" to a vendorHow Summit CPA Group weeds out all proposals to find the best one Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - vcfo@summitcpa.net
2021-02-2428 min
Sage Advice PodcastTSOE Excerpt - Jody Grunden on his weekly subscription model for CFO servicesEd and Ron are pleased to interview Jody Grunden, CEO and Co-Founder of Summit CPA. The firm adopted subscription pricing and we are eager to learn how he grew the firm from $600,000 in revenue in 2004 to $7,000,000 today. You don’t want to miss this episode! For the entire episode listen at The Soul of Enterprise.
2020-06-1705 minCreative Agency Success ShowDeep Dive - Average Bill Rate and Write DownsQuote“It’s important to understand your company before setting your average bill rate. You might have an advantage if you can charge less and make more.” - Jody Grunden The finer details of this episode When it’s ok to lower your average bill rate How to use your average bill rate for pricing The importance of having a project manager involved in the sales conversation The difference between a standard bill rate and an average bill rate How to maintain your desired average bill rate Calculating fixed fee projects into the average bil...
2020-06-1527 min
The Soul of Enterprise: Business in the Transformation EconomySubscription Pricing at Summit CPA: Jody GrundenEd and Ron are pleased to interview Jody Grunden, CEO and Co-Founder of Summit CPA. The firm adopted subscription pricing and we are eager to learn how he grew the firm from $600,000 in revenue in 2004 to $7,000,000 today. You don’t want to miss this episode!
2020-06-1255 min
Spend Culture: Conversations on Spend Management, Procurement, and Finance LeadershipLessons Learned from a Fully Remote Virtual CFO Firm – Jody Grunden, CEO of Summit CPALessons Learned from a Fully Remote Virtual CFO Firm
In this episode, Jody Grunden, the CEO and Co-Founder of Summit CPA shares his tips on successfully working remotely as a pioneer in the virtual CFO space, and also what well-run companies do differently from a financial perspective within a crisis.
Speakers: Jody Grunden, CEO & Co-Founder, Summit CPA Group
Jody Grunden is the Co-Founder and CEO of Summit CPA Group, the leading provider of Virtual CFO Services in North America. He is passionate about changing the way people think about accounting. Author of Digital Do...
2020-06-0334 minSpend Culture: Conversations on Spend Management, Procurement, and Finance LeadershipLessons Learned from a Fully Remote Virtual CFO Firm – Jody Grunden, CEO of Summit CPALessons Learned from a Fully Remote Virtual CFO Firm
In this episode, Jody Grunden, the CEO and Co-Founder of Summit CPA shares his tips on successfully working remotely as a pioneer in the virtual CFO space, and also what well-run companies do differently from a financial perspective within a crisis.
Speakers: Jody Grunden, CEO & Co-Founder, Summit CPA Group
Jody Grunden is the Co-Founder and CEO of Summit CPA Group, the leading provider of Virtual CFO Services in North America. He is passionate about changing the way people think about accounting. Author of Digital Do...
2020-06-0334 minThe Modern CPA Success ShowPPP Loan ForgivenessQuote “Don’t try to game the system with these. The government is going to be really scrutinizing the details with this.” - Jody Grunden The finer details of this episode Which expenses are included in loan forgivenessWhat you should do if your business uses contractors How to approach documentation What you need to know about the regulations and guidelines The timing and process to obtain forgiveness How to work with any loan that isn’t forgiven Do you need to pay taxes on the loan forgiveness? Episode resources
2020-05-2517 min
Business Strategy for CPA's086 Secrets of Shifting to vCFO Services, with Jody Grunden, Co-Founder and CEO of Summit CPA GroupMy guest today is Jody Grunden, Co-Founder and CEO of Summit CPA Group, the leading provider of Virtual CFO Services in North America. Jody is passionate about changing the way people think about accounting. As the author of Digital Dollars and Cents, Jody literally wrote the book on helping digital companies create a financial roadmap to success. Summit CPA offers virtual CFO, Controller, and transaction-level services remotely and at scale. I wanted to have Jody on to talk about everything that he has learned in nearly 20 years of growing this business.
2020-05-2036 minCreative Agency Success ShowPPP Loan ForgivenessQuote“Don’t try to game the system with these. The government is going to be really scrutinizing the details with this.” - Jody Grunden The finer details of this episode Which expenses are included in loan forgivenessWhat you should do if your business uses contractors How to approach documentation What you need to know about the regulations and guidelines The timing and process to obtain forgiveness How to work with any loan that isn’t forgiven Do you need to pay taxes on the loan forgiveness? Episode resourcesSummit CPA webs...
2020-05-0517 minCreative Agency Success ShowUsing A Forecast During Difficult TimesQuote“The first thing you want to do is identify what you think is going to happen over the next 2-3 months.” - Jody Grunden The finer details of this episode The main things to look at in your forecast when your business is struggling How often to look at your forecast when times are tough The 15% net income model and how you can use your forecast to achieve it A walkthrough of how we are serving one of our clients during the COVID-19 crisis Scenario planning to eliminate unnecessary worry Tips and insight...
2020-04-2127 min
How to HardscapePreparing and Operating in a Recession with Jody Grunden of Summit CPAOn today's episode, we are joined by Jody Grunden of Summit CPA, a virtual CFO service, to talk about how you should prepare your business for a recession and operating your business during a market downturn.
2020-04-1335 minCreative Agency Success ShowUsing A Forecast for GrowthQuote“You are not trying to just increase your top-line revenue. Your bottom line needs to be increasing too.” - Jody Grunden The finer details of this episode How Summit CPA used forecasting to help a client double their revenue What part of your business to work on in order to create growth Determining if you have the capacity to grow the way you want to The “Four Levers of Growth” that you need to cover in your growth plan How to manage a distributed team as your firm gets bigger Getting your team excit...
2020-04-0636 minCreative Agency Success ShowTax Considerations for Creative AgenciesQuote“It doesn’t make sense to drain your cash in order to save for taxes” - Jody Grunden The finer details of this episode Tax laws and how to follow them Cash-based vs accrual-based What you can do to lower your tax bill How to forecast your tax bill What creative agencies need to know about their taxes Is it your location or the client’s locations that matter? Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions/comments- vcfo@summitcpa.net
2020-03-2330 minCreative Agency Success ShowHow to Prepare Your Business for a RecessionQuote“You know that it’s going to happen, but it’s not possible to predict exactly when, so the key is to prepare for it.” - Jody Grunden The finer details of this episode What is a recession? What happens during a recession Tips to prepare your business for a recession Why you should start planning now for the next recession The biggest tool you have against a recession The advantages of going into a recession strong and well prepared Things you can do right now to ensure your success in the next recessi...
2020-01-2731 min
Accounting Marketing Doesn't SuckVirtual CFO Services for Creative Agencies with Jody GrundenIn this episode, host Hugh Duffy talks with Jody Grunden, CEO of Summit CPA, all about how he built his virtual CFO firm from the ground up – and all the decisions involved in that endeavor. From flat fee billing, to setting up staff members to work virtually to how marketing plays an important role, tune in to hear Jody’s compelling story of growth and profitability. Join us! Jody Grunden, Summit CPA Group Website | LinkedIn Jody Grunden is a CPA with a passion for changing the way people think about accounting. He i...
2019-12-3100 minCreative Agency Success ShowFinancial Metrics: Net Income“A service-based company should be making 15% net income, 10% is the break-even.” - Jody GrundenThe finer details of this episodeWhy 10% is the new break-evenHow profit margins get smaller as your company gets biggerThe sections of an income statement and why they are importantHow to calculate your actual gross profit and determine what it should beHow much to invest in your employees outside of their paycheckThe difference between overhead cost and production costWhat you can do to increase your gross profitHow to prepare for a recessionEpisode resourcesSummit CPA website - www.summitcpa.netE...
2019-12-2631 minThe Modern CPA Success ShowHow we built our team using a distributed model“If they’re not willing to get on camera, then they likely won’t be a good prospect.” - Jody GrundenThe finer details of this episodeWhat is a distributed model and terms used to describe it.How Summit CPA became distributed.The logistics of working from home.The tools used to support a distributed model.Why in-person events are important.Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.netSococo
2019-11-1926 minCreative Agency Success ShowThe Summit CPA Backstory“The strategy, speaking with the clients weekly and making sure they have enough cash in the bank to survive the next eight weeks or 12 months, that’s really the differentiator and why we’ve grown so fast.”- Jody GrundenThe finer details of this episode How Jody and Adam started their careers in accountingWhat was Jody's philosophy when starting Summit CPA GroupHow to value clients and build long term relationships with themFix-priced billing vs. billing per hour: how to price the clients in the right wayThe difference between VCFO and fractional CFO servicesSummit CPA group...
2019-09-3028 min