In this episode, Dan speaks with Bob Gold, Veteran CFO and PE Specialist, about his battle-tested approach to unlocking cash and stabilising businesses: the “War on Working Capital.”Bob breaks down how he takes day-one ownership of cash, sets up visual wallboards for AR, inventory, and AP, and drives cross-functional accountability through rapid standups. He shares lessons from 9 CFO seats across PE-backed and public companies, including why EBITDA can mislead operators, how to structure a practical 30/60/90 plan, and why the best CFOs act like operators, not bookkeepers.Key Takeaways:Start with cash. Day 1 for any CFO is mapping sources and uses, tightening forecasting, and ensuring the business has liquidity before anything else.Run a “War on Working Capital.” Use wallboards and 30-minute standups to make AR, inventory, and AP visible, assign ownership, and enforce countermeasures.Build cross-functional accountability. Customer service, procurement, and payables must each own their piece of working capital. Finance can’t do it alone.Measure what matters. Cash flow is the most accurate KPI; EBITDA (especially adjusted EBITDA) often obscures the true health of the business.Subscribe to the Next Exit podcast.Check out Dan’s Private Equity-Grade Forecasting software, Kluster, here: https://www.kluster.com/Send podcast guest pitches to: [email protected] out Dan’s Private Equity-Grade Forecasting software, Kluster, here: https://www.kluster.com/ Send podcast guest pitches to: [email protected]

Ver todos los episodios