Through the Storm

Kurtis Hanni

Each Tuesday, Kurtis talks to a business owner who has gone "through the storm" in their business. In short, our goal is to have real conversations with business owners navigating their hardest financial moments. From cash pressure and margin strain to growth decisions and capital tradeoffs, each episode explores what actually happened when the path forward wasn’t obvious. Hosted by Kurtis Hanni, fractional CFO and founder of Bison CFO, the show focuses on real conversations: what options leaders considered, how decisions were made with imperfect information, and the result that followed. These conversations are designed to help business owners see they’re not alone and ultimately, make better financial decisions by learning from others. Show notes and resources at smbfinanceos.com.

  1. Overleveraged and Facing Bankruptcy… The Perils of Real Estate | ft Harrison Bonner

    MAR 10

    Overleveraged and Facing Bankruptcy… The Perils of Real Estate | ft Harrison Bonner

    In this conversation, Kurtis Hanni and Harrison Bonner delve into the challenges and lessons learned in the real estate business. Harrison shares his journey from initial success in real estate investing to facing significant challenges due to mismanagement and changing market conditions. They discuss the importance of financial literacy, the impact of personal stress, and the need for resilience in entrepreneurship. The conversation highlights the pivoting strategies Harrison is implementing to stabilize his business and the lessons he has learned for future success. Harrison Bonner is a seasoned real estate entrepreneur known for his resilience and strategic thinking in the face of adversity. With over a decade of experience, Harrison has navigated the complexities of property development and investment, learning invaluable lessons from both successes and setbacks. His journey from door-to-door sales in Boston to managing multifamily portfolios highlights his commitment to growth and innovation. Harrison's story is a testament to the power of perseverance and financial literacy in transforming challenges into opportunities. 03:17 Harrison Bonner's Real Estate Journey 06:18 The Value-Add Strategy and Initial Success 09:07 Challenges and Mismanagement in Growth 12:16 Market Conditions and Financial Realities 15:17 Pivoting Strategies and Fund Structure 18:12 Recognizing the First Signs of Trouble 20:58 Transitioning to Cash Flow Management 23:46 Exploring Solutions and Options for Recovery 29:08 Transforming Team Dynamics for Success 30:42 The Importance of Financial Literacy 35:18 Navigating Personal and Family Stress 38:42 The Reality of Entrepreneurship 39:33 Transitioning and Learning from Mistakes 44:08 Building Sustainable Revenue Streams 49:33 Lessons Learned for Future Success

    1 hr
  2. How to Fix Gross Margin Without Losing Clients ⎪Through The Storm Podcast feat. Nick Anderson

    MAR 3

    How to Fix Gross Margin Without Losing Clients ⎪Through The Storm Podcast feat. Nick Anderson

    In this conversation, Nick Anderson, CEO of One Accord, shares his journey in transforming the consulting firm, focusing on improving gross margins and redefining the business model. He discusses the challenges faced in the transition, the importance of data, and how technology plays a role in enhancing service delivery. Nick emphasizes the need for margin discipline and the value of involving the team in decision-making processes. The discussion also highlights real-world examples of how the new model adds value to clients and the overall impact on business operations and marketing strategies. Nick Anderson is the CEO and 50% owner of One Accord, a consulting firm specializing in strategic consulting and exit planning for small to medium businesses. With a background in banking spanning 25 years, Nick transitioned into consulting, eventually merging his independent consulting business with One Accord. Under his leadership, the firm has undergone significant transformation, focusing on enhancing gross margins and delivering exceptional value to clients. Nick is known for his strategic vision, commitment to data-driven decision-making, and innovative approach to business challenges. His leadership style emphasizes transparency, team involvement, and a relentless pursuit of excellence. Chapters 00:00 Introduction to One Accord and Nick's Background05:12 Transitioning into Ownership and Initial Challenges08:16 Understanding Gross Margin and Business Model Changes11:11 The Importance of Gross Margin in Consulting14:12 Navigating Change Management and Consultant Relationships16:55 Value Addition and New Engagement Models20:07 Ensuring Client Satisfaction and Consultant Accountability29:29 The Team Structure and Client Engagement32:52 Continuity and Risk Management in Consulting35:57 The Importance of Gross Margin in Business38:34 Pricing Models and Managing Risk43:13 Simplicity in Business Transactions44:21 Collaboration with Investment Bankers47:12 Leveraging Technology for Value Creation49:33 Transforming Business Through Improved Margins52:53 Practical Advice for Margin Transformation

    1 hr
5
out of 5
27 Ratings

About

Each Tuesday, Kurtis talks to a business owner who has gone "through the storm" in their business. In short, our goal is to have real conversations with business owners navigating their hardest financial moments. From cash pressure and margin strain to growth decisions and capital tradeoffs, each episode explores what actually happened when the path forward wasn’t obvious. Hosted by Kurtis Hanni, fractional CFO and founder of Bison CFO, the show focuses on real conversations: what options leaders considered, how decisions were made with imperfect information, and the result that followed. These conversations are designed to help business owners see they’re not alone and ultimately, make better financial decisions by learning from others. Show notes and resources at smbfinanceos.com.