About Profit ExpertsByline BIO:
Fred Parrish is Founder and Chief Executive Officer of The Profit Experts™, an affordable CFO service that helps small business owners improve their profitability and cash flow. He is also creator of The Profit Beacon™, a new app that provides predictive analytics to help businesses make smart and timely decisions, and author of “The Profit Mentality.” Learn more at TheProfitBeacon.com.
About half of small businesses fail within their first year and only about a third survive 10 years or longer, according to the Small Business Administration. One of the biggest reasons? They run out of money. Our guest today has worked 37 years in finance. Fred Parrish is founder and CEO of The Profit Experts™. The company provides affordable CFO services to help small business owners improve their profitability and cash flow. Learn more at TheProfitBeacon.com. Welcome Fred. Why do small business owners often not see cash flow problems coming until it’s too late?
Fred Parrish is the Chief Executive Officer and Founder of The Profit Experts™. He is also creator of The Profit Beacon™ (TheProfitBeacon.com), a new app that provides predictive analytics to help businesses make smart and timely decisions. During a 37-year career Fred has held positions from staff accountant to CEO in public and private companies with revenues ranging from startup to $3.5 billion. He has served on the Board of Directors for 12 organizations in aerospace, manufacturing, healthcare services, insurance, international missions, technology and other sectors. He has extensive experience in directing and overseeing company operations, managing corporate resource development and directing strategic planning for domestic and international organizations. With this broad experience in both operations and financial management in a wide range of industries and at all levels of organizations, he has developed a proven process for optimizing operational analysis, dynamic cash flow management, staff efficiency planning, profit mining and organizational development. He is the author of “The Profit Mentality,” a guide for maximizing entrepreneurial success by taking control of the financial dynamics critical to profitability. Fred is a speaker and instructor on subjects related to profit and cash flow optimization. A married father of three kids and three grandkids, rock guitar player and a strong Christian, he lives in Allen, Texas. Learn more at TheProfitBeacon.com. Contact Fred at email@example.com