29 01, 2019

How expert financial reporting helped Detector Inspector grow quickly from micro to major-sized business

By |2022-06-22T15:19:54+10:0029 January 2019|

Jordan Kagan Gescheit and Jason Radolnik started a simple side-gig as university students. Now, with the help of a virtual CFO (Colin Wright), their side-gig is a multi-million dollar company expanding into other countries. Often the most successful business ideas are founded on the simple premise of identifying a need or gap in the market and developing a service offering that fills it. Detector Inspector have done just that and grown into a multi-million dollar business within about ten years. Rapid growth can be challenging for business owners and in 2014 directors Jordan Kagan Gescheit and Jason Radolnik engaged [...]

25 08, 2018

“Why I love having a virtual CFO” (by a serial start-up entrepreneur)

By |2022-06-22T15:06:25+10:0025 August 2018|

The owners of high-growth businesses can really benefit from having a virtual CFO to help guide their decision-making and ensure that growth is sustainable. This story tells how even an experienced entrepreneur can be more sure-footed going forward with a virtual CFO as their expert inside advisor. In my latest start-up adventure, a kind of D-day occurred when the P&L showed turnover would hit $1m in the current financial year. "Performance is on-track with your budgets and objectives," our bookkeeper said. "Well done," said the accountant. While most business owners would celebrate this 'Magic $1M' milestone now looming, I felt [...]

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