The Ultimate FD Podcast

Joshua Keegan
  • 4.9 (18)
  • Entrepreneurship
  • Updated weekly

ULTIMATE FD PODCAST

  1. 1 day ago

    #233 - Tax Talks - Team Incentive Masterclass

    Ever wondered what actually happens to the shares you hand out when your best employee threatens to walk? I sit down with Tax Expert Tej Gill to answer that exact question, and the answer involves a lot more than a generic "give them equity" chat. On this episode of The UltimateFD Podcast, we get into the mechanics of keeping your best people in the business for the long haul. Anyone who has scaled past 7 figures knows the moment when a bonus stops being enough for the person who is genuinely moving the needle. This episode covers the practical side of team incentives, from HMRC approved schemes through to the messier unapproved options that most entrepreneurs stumble into by accident. Tej breaks down the difference between EMI and CSOP schemes, including the tax treatment, the value limits, and why one suits a smaller growing business while the other works better for a wider pool of staff. We also get into growth shares as an unapproved alternative, and why getting the valuation and structure right from day one stops your star employee getting hit with an unexpected income tax bill on shares that were meant to be a reward, not a burden. Tej also flags the protections every business owner needs before handing out any equity, including bad leaver provisions and drag along rights, so a falling out down the line does not turn into a legal mess. If you have ever considered giving away a slice of your business to keep an A player on board, this episode gives you the actual mechanics before you get anywhere near a solicitor. It is essential listening for any 7 figure entrepreneur thinking about their next senior hire, and for anyone who has already promised someone shares without quite knowing what that means. 👉🏻 JOIN THE UFD REVIEW WAITLIST HERE: https://mailchi.mp/ultimatefd/ufd-review-priority-list-2026  👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes! Take the test here: https://josh-dtlqxm7w.scoreapp.com/  👉🏻 DOWNLOAD THE AUDIOBOOK OF SMALL BUSINESS, BIG PROFIT HERE: https://www.audible.co.uk/pd/Small-Business-Big-Profit-Audiobook/

    #233 - Tax Talks - Team Incentive Masterclass

  2. 5 days ago

    MAGIC MOMENTS: Unlocking Tax-Free Strategies - ISAs and Pensions Demystified

    Welcome to another gripping episode of the Magic Moments ✨ from the UFD podcast, where investment vehicles like ISAs and pensions come under scrutiny.  This episode offers a direct line to understanding these financial tools, highlighting their roles in tax efficiency and wealth accumulation. Particularly focusing on limited company directors, Tej and I unfold the nuances of these financial strategies and the implications of choosing one over the other. We explore the functionality and benefits of Individual Savings Accounts (ISAs) and pensions, offering a clear comparison for entrepreneurs deciding between the two. The discussion centers around the tax-free advantages of ISAs and the long-term growth potential of pensions. With a focus on optimizing income derived from a limited company setup, the episode underscores the strategic importance of early and informed financial planning.  Listeners will gain insights into the strategic management of tax liabilities and the utilisation of these financial instruments in their wealth-building journey. By the end, you'll understand how to leverage ISAs and pensions for maximizing financial growth while minimizing tax burdens. Did you enjoy this Magic Moment? Click here for the full episode.

    MAGIC MOMENTS: Unlocking Tax-Free Strategies - ISAs and Pensions Demystified

  3. 19 Jul

    EP#232 - The Ultimate Money Machine Live Training

    Welcome to the Ultimate Money Machine Live Training episode! In this, once in a lifetime, episode of the Ultimate FD Podcast, I discuss the pressing issue of Zombie Businesses - companies that are neither flourishing nor failing but stuck in a limbo. With escalating costs and market uncertainties, many businesses today struggle to remain profitable.  In this training I share my insights on transforming these companies into Ultimate Money Machines, with high margins and minimal time commitments. This proven methodology can pave the way for businesses to achieve predictable profits and a lucrative exit. This episode offers a deeper understanding of the economic challenges businesses face and the intricate role of finance in navigating these obstacles. Listeners will gain valuable insights as I introduce the Engine Framework, a strategic approach for turning any struggling business into a thriving money machine. I stress the importance of understanding market cycles, establishing non-negotiable business model rules, and devising a thorough game plan. I reveal the true impact of technology and innovative hiring practices in turbocharging business productivity and profitability.  The episode culminates in discussing the significance of knowing your numbers and planning for an exit strategy. Business owners will learn how these steps collectively enhance the value and viability of their ventures. Don't forget to register for your Free UFD Review below! Spaces are extremely limited. First come, first served.  👉🏻 REGISTER HERE FOR YOUR FREE UFD REVIEW - ONLY 5 SPACES LEFT!  https://ufdreview-jc6vpnki.manus.space/  👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/  👉🏻 DOWNLOAD THE AUDIOBOOK OF SMALL BUSINESS, BIG PROFIT HERE: https://www.audible.co.uk/pd/Small-Business-Big-Profit-Audiobook/

  4. 15 Jul

    MAGIC MOMENTS: Entrepreneur's Roadmap - Building a Business Model That Stands the Test of Time

    Welcome back to another episode of Magic Moments ✨ This week, I delve into key financial strategies that promise to elevate your business's profitability and productivity. This episode is packed with seasoned wisdom aimed at business owners, entrepreneurs, and finance enthusiasts looking to drive real change in their financial landscape. I outline the distinction between performance profit, director profit, and taxable profit, emphasizing the importance of understanding each category to harness your business's true potential. Central to the discussion is the habitual assessment of your financial position - ensuring you always know where you are financially is key to steering your business towards success. The episode underscores the necessity of having a business model that evolves annually, aligning with current insights and future aspirations. I stress the importance of involving professionals for financial structuring and leveraging a feedback loop system akin to fitness tracking - implementing changes based on informed observations to enhance business health. It's never too late to start applying these financial methodologies, symbolizing a transformative journey towards fiscal prosperity. Did you enjoy this Magic Moment? Click here for the full episode.

    MAGIC MOMENTS: Entrepreneur's Roadmap - Building a Business Model That Stands the Test of Time

  5. 12 Jul

    #231 - MONEY MASTERCLASS: The 5 Ways to Get Paid

    In this episode of The Ultimate FD Podcast, I explore the multifaceted ways business owners and entrepreneurs can strategically pay themselves and transfer money within their company structures. Designed for those serious about entrepreneurship and financial growth, I delve into 5 primary methods of extracting profits from businesses as well as strategies for managing finances within a group of companies.  This episode is essential listening for entrepreneurs looking to optimize their financial structures and reduce risks while maintaining tax efficiency. I explore the 5 principal ways individuals can draw money from their businesses:  The importance of PAYE (Pay As You Earn) Dividends Cautious with Loans  Invoicing, and finally, Expense optimisation Each method is dissected for its pros and cons, emphasizing tax implications and personal preferences. I extend into the nuances of handling inter-company finances, especially for businesses with a group structure involving a holding company and various subsidiaries.  👉🏻 REGISTER HERE FOR THE ULTIMATE MONEY MACHINE FREE LIVE WEBINAR: https://ultimatefd-43fnjw9x.manus.space/#register  👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/  👉🏻 DOWNLOAD THE AUDIOBOOK OF SMALL BUSINESS, BIG PROFIT HERE: https://www.audible.co.uk/pd/Small-Business-Big-Profit-Audiobook/

    #231 - MONEY MASTERCLASS: The 5 Ways to Get Paid

  6. 8 Jul

    MAGIC MOMENTS: Avoiding Zombie Businesses and Profit Sacrifice

    Welcome back to another episode of Magic Moments ✨ In this episode I delve into pivotal business strategies that aim to fundamentally shift an entrepreneur's mindset towards enhancing both personal and professional wealth. I focus on avoiding the creation of "zombie businesses" - companies that stagnate or merely survive in competitive markets. I offer crucial insights on how to identify and steer away from these pitfalls through intelligent business strategies. I explore the detrimental effects of "swimming upstream" in business, where entrepreneurs make the mistake of entering saturated or declining markets, which can severely impede growth. I discuss the importance of aligning with market trends and opting for niche markets to set one's business on the path of success. I give real-world examples, riding the "crest of a wave" in a growing industry, such as AI, can facilitate unchallenged scalability, contrasting significantly with the uphill battles faced in oversaturated industries like traditional restaurants or video rentals. I highlight another common mistake: sacrificing profit for growth and how a single-minded focus on increasing revenue at the expense of profit margins can undermine business sustainability. I urge entrepreneurs to establish clear, unyielding business rules around minimum price points, gross margins, overhead expenses, and the ultimate size of the business. Such foundational strategies can prevent the creation of businesses that might achieve high sales yet fail to be genuinely profitable. Did you enjoy this Magic Moment? Click here for the full episode.

    MAGIC MOMENTS: Avoiding Zombie Businesses and Profit Sacrifice

  7. 5 Jul

    #230 - Scott Proposki - Scaling to 8 Figures & Building Profitable Businesses

    In this episode of The Ultimate FD Podcast, I meet with Scott Proposki, a former National Geographic and White House event photographer who built his photography business to 8 Figures before losing it all in 2020. He now works with entrepreneurs and business owners to help them build businesses designed for profit rather than pure top line growth. Scott's journey is a stark one. He scaled a Santa Claus photography business across 10 locations in the US, employing 52 people at its peak, only to watch it collapse when live events shut down during the pandemic. Two years of lost Christmas seasons ended a business he describes as "a fantastic model", and it forced him to rebuild from scratch and rethink what actually makes a business survive. This episode covers the gap between revenue and profit, and why Scott believes most entrepreneurs are chasing the wrong number entirely. He shares his "highlighter exercise", a simple but brutally effective method of printing bank statements and colour coding every expense to spot money leaking out of the business. We also get into his framework for upsells, cross sells and downsells, including a memorable example about roofing shingles that shows how a single well placed question in a sales script can double the value of a deal. We get into joint ventures too, and how Scott grew his own business almost entirely through partnerships with people already talking to his ideal clients. He explains why he'd rather run a £250,000 business at 80% margin than a £1 million business at 10%, a line that sums up his whole approach to scaling with intention rather than ego. This is one for any entrepreneur who has ever felt like they're growing but somehow still stuck, working harder for a business that never seems to get easier to run. Scott's closing advice, know your gross and net profit margins before anything else, is worth the listen alone. 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/  👉🏻 DOWNLOAD THE AUDIOBOOK OF SMALL BUSINESS, BIG PROFIT HERE: https://www.audible.co.uk/pd/Small-Business-Big-Profit-Audiobook/

    #230 - Scott Proposki - Scaling to 8 Figures & Building Profitable Businesses

  8. 1 Jul

    MAGIC MOMENTS: How Accurate Management Accounts Changed Everything

    Welcome back to another episode of Magic Moments ✨ In this episode I am joined by financial expert Dan Madge. We discuss the critical role of financial management in high-growth businesses. Dan delves into his experiences in transforming his company's finance function to provide accurate, real-time financial insights, a process inspired by the need to make informed decisions amidst rapid expansion.  This episode is a goldmine of insights, especially for business owners aiming to sharpen their financial strategies and achieve stable growth. Dan elaborates on the challenges he faced before partnering with Ultimate FD. His reliance on internal spreadsheets for cash flow forecasting, despite being sophisticated, highlighted the necessity for a system that integrates seamlessly with real-time banking data.  With projected revenue reaching up to 35 million, the company's substantial growth necessitated a move towards more robust financial structures. Implementing accurate management accounts and aligning cash flow forecasts with actual financial data significantly enhanced their business decision-making capabilities. Did you enjoy this Magic Moment? Click here for the full episode.

    MAGIC MOMENTS: How Accurate Management Accounts Changed Everything
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4.9
out of 5
18 Ratings

About

ULTIMATE FD PODCAST

Information

  • Creator
    Joshua Keegan
  • Years Active
    2022 - 2026
  • Episodes
    300
  • Rating
    Clean
  • Copyright
    © 2022
  • Show Website
    The Ultimate FD Podcast

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