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Show Notes
Welcome back to another episode of The Richer Geek Podcast. Today we are joined by Chris Hervochon, CPA, CVA, a numbers-driven advisor who helps growth-minded entrepreneurs make smarter financial decisions. Chris shares how good accounting goes far beyond tax season, why advisory-based CPAs can save you tens of thousands, and the real difference between bookkeeping, controllers, and fractional CFOs. He also breaks down how to prepare your business for a future sale and the hidden risks most founders never check. If you're ready to run your business like the asset it should be, this episode will help you get there.
In this episode, we chat about…
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Chris shares how his career went from accounting to pro golf and eventually to running his own CPA firm.
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He explains why traditional CPAs focus on volume and often can't offer real advisory or proactive support.
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Breakdown of the differences between bookkeeping, controllers, and fractional CFOs.
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Discussion on how upcoming tax law changes may impact business owners in the next few months.
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Chris talks about what makes a business valuable and how owners can reduce risk to increase that value.
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A strategic CPA gives advice year-round, not just during tax season.
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Growing businesses need consistent check-ins, quarterly at minimum, monthly if possible.
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Your finance function should stay within 1–3% of your revenue to stay effective.
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Entity structure and tax planning are major sources of missed savings for entrepreneurs.
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Buyers pay for stable, low-risk cash flow, not a business that depends on the owner.
Resources from Chris
Resources from Mike and Nichole