Every entrepreneur dreams of a profitable exit, but are your operating costs silently eroding your company's value? Michael Haskell, a seasoned investor who has taken companies public, joins Harmonious at Lunch to reveal a potent strategy for maximizing your business valuation. He explains how he slashed a finance department's budget by two-thirds—from $300k to under $100k—without sacrificing quality.
The secret isn't hiring entry-level VAs. This discussion focuses on building a robust, remote team of senior-level CPAs, accountants, and even fractional CFOs from a global talent pool in Southeast Asia. Learn how this approach not only drastically cuts costs but also creates a stable, scalable operation that is highly attractive to potential buyers. We also tackle the critical questions around managing cultural differences and ensuring your remote team integrates seamlessly with your US-based company.
In This Episode:
[00:00] - The Golden Question: How to Maximize Business Value for Your Exit
[01:05] - Michael Haskell on Building a Business with the End in Mind
[03:10] - Case Study: Taking a Medical Company Public with Smart Outsourcing
[05:25] - The Cost-Cutting Pivot: Moving Finance Roles from High-Cost to Low-Cost Countries
[07:18] - The Math: Slashing a $300k Finance Budget by Two-Thirds
[09:15] - Beyond VAs: Why You Should Hire SENIOR Remote Talent (CPAs, CFOs)
[11:00] - How to Manage Hiring, Risk, and Day-to-Day Operations with an Overseas Team
[13:10] - Addressing Cultural Hurdles: The "Yes Mentality" & How to Mitigate It
[15:20] - The Post-Pandemic Opportunity: Tapping into Top-Tier Remote Talent Pools
[16:45] - Is This For You? The Ideal Company Size ($2M-$15M) for This Strategy
[18:48] - How to Connect with Michael & Explore Remote Finance Talent
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For strategies to achieve greater clarity in yourself and your employees, visit the HumanOp Website: https://humanop.com/
Learn more from Michael Haskell & Navitas Consulting: Ready to explore how a remote finance team can boost your profitability and exit value? Connect with Michael Haskell and his team at Navitas Consulting for a no-obligation consultation: https://navitasgroup.ph/
Connect with Michael Haskell on LinkedIn: https://www.linkedin.com/in/michaelhaskell/
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