David R. Sutantyo’s Post

Name: David R. Sutantyo on LinkedIn: Ever heard of businesses losing track of their assets? In this episode, we…
Uploaded: 2024-10-18T02:22:13.716Z
Duration: 1 min 45 s
Channel: David R. Sutantyo

David R. Sutantyo

Director at Twelve Grains Capital | Non-Bank & Private Lending

2mo

Ever heard of businesses losing track of their assets? In this episode, we dive into some wild horror stories from the world of business finance—like a client who misplaced a helicopter listed on their balance sheet. 🤯 When personal and business assets get tangled up, the consequences can be costly, especially for privately held businesses. Tune in as we explore how lack of separation can lead to financial nightmares!

Transcript

Is there any horror stories among these years that you've you've seen with businesses? Plenty in 2020, right. My hostel, for example, was one of them. Two funny ones in the US. And one question, you know, evaluation scoping call. I now ask, I'll say, OK, talk me through the balance sheet at a high level, what you know, they're non operational assets on there. And the reason I now ask that question is that I had two situations, both in the US, bigger clients, one situation where he thought he had a helicopter and he did have a helicopter, but he didn't know. Where it went. So the helicopter is on the balance sheet, but he doesn't know where the asset actually is. And then we had another situation where the owner, there was a helicopter on the balance sheet. They didn't know it was didn't exist it right. Lots of other problem. Yeah. This is what happens when you got too much money, right? So when you're talking 10s of millions of dollars in business value and personal wealth as well, you get these situations like that. So very unique. But we see all kinds of weird things, in particular with these privately held businesses. You know, as, as I'm sure you've seen often, there's a lot of or not a lot of separation between personal and business. So you can get funny assets or funny transactions and that's typically the smaller businesses. Once we see businesses above about 10 million in revenue, often they're run a bit more, a little bit more like a publicly traded company. It's not the personal ATM machine as much and there is then segregation between personal and business. But yeah, probably the biggest horror stories are when you know there is no separation. Between personal and business or there's no entity structure set up, business has failure. The the liability falls on the, you know, natural person. And that's messy. That can be very messy, yeah.

To view or add a comment, sign in

More Relevant Posts

Marcia Riner

Transform Your Business with Proven Profit Strategies 🚀 | Growth Expert 📈 | Exit Planning Specialist 🏆 | Host of 'Profit with a Plan' 🎙 | 3X Published Author 📚 | Engaging Speaker 🎤
7mo Edited
Report this post
🚫 Struggling to get the funding your business desperately needs? 😫 Frustrated by the complex and confusing process of securing capital? You're not alone, and it's holding you back from reaching your full potential. 💡 Tune into the latest episode of Profit with a Plan! Financial wizards Matthew Meehan and Luigi R. join Marcia Riner to share their insider strategies for securing the capital you need to thrive. Discover practical tips and expert advice that will transform your business's financial future. 👉 Listen now to the short video and take the first step towards financial freedom! Watch the full episode can be found in the comments. #BusinessGrowth #FinancingSolutions #ProfitWithAPlan

1 Comment
Like Comment
To view or add a comment, sign in
Do Business. Do Life. Podcast

801 followers
10mo
Report this post
Is your financial advisor business STUCK? ✋ This week we're talking about how to defeat the enemies of scale to grow your business while working less. 📈 Shawn Sparks #dbdlpodcast #advisortransformation #triadpartners
Like Comment
To view or add a comment, sign in
PJS & Co CPAs, PLLC

1,718 followers
3mo
Report this post
What is Smart Growth? Listen to episode #150 to learn how to plan for your business's success by creating SMART goals and laying a sound financial foundation. Listen to the full episode here: https://buff.ly/3Ks32ZG Time to get SMART: Specific Measurable Achievable Relevant Time-bound
Like Comment
To view or add a comment, sign in
ATGlobe Research

96 followers
6d
Report this post
Biggest Funding Disasters - Insights From An Industry Expert Watch the full episode here now https://lnkd.in/eik5RPCq Engage with Us: Have a question about your business’s financial strategy? Share them in an email and we’ll address them in our next episode! Kay.Chouhan@atgloberesearch.com Mike.Ellwood@atgloberesearch.com #corporatefinance #businessfunding #wealthplanning
Like Comment
To view or add a comment, sign in
Focus Growth Development & Training Consultancy

2 followers
7mo
Report this post
Master the art of pricing: It's not just a number, it's your business’s lifeline. Learn from the top 10% of business owners who use structured, data-driven methods to ensure profitability. Enhance your financial acumen today. Listen to the full episode here: www.focusgdt.com/ep10 #StrategicPricing #BusinessGrowth
Like Comment
To view or add a comment, sign in
The Liquid Lunch Project

173 followers
7mo Edited
Report this post
🚫 Struggling to get the funding your business desperately needs? 😫 Frustrated by the complex and confusing process of securing capital? You're not alone, and it's holding you back from reaching your full potential. 💡 Tune into the latest episode of Profit with a Plan! Financial wizards Matthew Meehan and Luigi R. join Marcia Riner to share their insider strategies for securing the capital you need to thrive. Discover practical tips and expert advice that will transform your business's financial future. 👉 Listen now and take the first step towards financial freedom! The full episode can be found in the comments: #BusinessGrowth #FinancingSolutions #ProfitWithAPlan

Expert Strategies for Securing Business Capital with Matthew Meehan and Luigi Rosabianca- PROFIT with a Plan Podcast

1 Comment
Like Comment
To view or add a comment, sign in
Mark Hayward

Creator and host of a business podcast - Business Growth Talks | Co-Founder of podcast booking agents - Podcast Introduction Group
5mo
Report this post
Mark Hayward speaks with Brandon Neely, co-host of the Wealth Wisdom Financial podcast and a profit-first professional. Brandon shares his journey from running Overflow Coffee Bar to venturing into financial consulting. They discuss the core aspects of a business mindset, profit-first strategies, infinite banking, and balancing professional life with personal commitments. Brandon emphasizes the importance of financial literacy, disciplined practices, and leaving a meaningful legacy. Whether you're an entrepreneur or looking to refine your financial strategies, this episode offers valuable insights to help achieve stability and growth. financial literacy, disciplined practices, and leaving a meaningful legacy.

From Coffee Shops to Financial Consulting: Brandon Neely's Journey - Business Growth Talks

buzzsprout.com
Like Comment
To view or add a comment, sign in
Personal Finance Society

19,785 followers
1mo
Report this post
Financial Planning Business Start Up: Making It Happen Wednesday 4 December 2024, 10am In this episode co-founders Rob Schwarz & Scott Millar share what they needed to put in place to start turning their goal into reality. Learn more and register: https://ow.ly/OQnC50UhuSO
Like Comment
To view or add a comment, sign in
Thomas Kopelman

Financial Planner Helping 30-50 year old Business Owners and Those With Equity Comp Build Wealth 💰. Co-Founder at AllStreet Wealth. Head of Community at Wealth.com
2w
Report this post
Wealth ≠ income Successfully managing money can be just as hard (or harder) as making it And we see a lot of business owners in similar situations and making the same mistakes So in this week’s episode of The Long Game, we talk about different money & business lessons we’ve learned as financial planners: https://lnkd.in/g8pZPDVQ

1 Comment
Like Comment
To view or add a comment, sign in
Gauvreau | Accounting Tax Law Advisory

1,006 followers
8mo
Report this post
Unlock the potential beyond the daily grind: We guide business owners through mastering wealth management, elevating from day-to-day operations to strategic financial growth. Because it's not just about working hard, it's about making your hard work work harder for you. Canadian Wealth Secrets Check out the complete episode at: https://hubs.li/Q02sGXKY0 #WealthManagement #BusinessOwners #FinancialGrowth #StrategicPlanning #TaxEfficiency #CorporateWealth #MasterYourWealth #BeyondOperations #FinancialFreedom #IncomeGrowth #QueenBeeRole #RevenueBoost #StrategicGrowth #ElevateYourBusiness #WorkSmarter
Like Comment
To view or add a comment, sign in

5,234 followers

783 Posts

View Profile Connect

David R. Sutantyo’s Post

Transcript

More Relevant Posts

Expert Strategies for Securing Business Capital with Matthew Meehan and Luigi Rosabianca- PROFIT with a Plan Podcast

From Coffee Shops to Financial Consulting: Brandon Neely's Journey - Business Growth Talks

buzzsprout.com

Explore topics