Van Carlson welcomes Brandon Kordower, Founder and CEO of Aura Accounting Solutions, to discuss the key financial decisions every growing business faces. Brandon, who started AURA in 2017 to guide scaling businesses with strategic financial expertise, shares his insights on when to bring in a bookkeeper, controller, or CFO. They dive into topics like the often-overlooked value of a strong finance department, the right time and method for investing in it, and the choice between cash and accrual accounting. This conversation sheds light on navigating the financial challenges that come with business growth.

Connect with Brandon Kordower:

Website: www.auracfo.com

Instagram: @auracfo

Curious about what an 831(b) Plan is? Also known as micro captive insurance, this tool helps businesses set aside tax-deferred funds for risks that traditional insurance does not cover. From warranties to legal disputes to third-party business interruption, learn what’s not covered and what you can do.

In this episode, we delve into the ongoing struggle between 831(b) Plans and the efforts for legislative oversight in Congress featuring two integral members of the 831(b) Institute, Maggi Lazarus, Counsel at Barnes & Thornburg LLP, and Peter Dawson, CEO of Dawson LLC. Together, they explore the intricacies of lobbying efforts and tax law, how these initiatives are shaping the 831(b) landscape, and the potential future of legislation affecting these entities.

Attorney Brad Dixon joins us to discuss the essentials of buy/sell agreements. We’ll cover the purpose and structure of these agreements, including typical clauses and important considerations for business owners. Brad will also highlight common issues to watch out for, spousal considerations, and potential pitfalls. Additionally, we'll explore different approaches to funding a buy/sell agreement, offering a practical guide to help you navigate this important aspect of business planning.