Your Numbers Are Lying to You | Here's What to Do | K4B with Walid Doumyati

GROWTH PILLAR: Sales & Revenue WHO THIS IS FOR: SMB owners / Solopreneurs / Corporate escapees / Leaders building systems WHAT THEY'LL GAIN: Actionable cash flow strategies, real client stories, and a clear framework for turning financial chaos into confident, data-driven decisions. Most business owners think they understand their numbers. They don't — and it's costing them. Walid Doumyati, CMA and Founder of Precision Growth Partners, joins hosts Bernie Franzgrote and Wayne Pratt on Knack 4 Business for a straight-talking conversation about cash flow, profitability, and what it really means to run a financially healthy business. With over 20 years of financial leadership — including time as a Group CFO — Walid now works as a fractional CFO helping small and mid-sized businesses stop guessing and start growing. What you'll hear in this episode: Why revenue, profit, and cash flow are three completely different numbers — and why mixing them up is dangerousThe accrual accounting concept most small business owners have never understoodA real construction company story: how one credit card move turned a cash flow crisis into a 15-day positive bufferWhy every business should have 6 months of expenses sitting in the bankHow to decide when to hire — and what ROI every new employee should bringWhy monthly fractional CFO check-ins beat quarterly every timeWhat-if scenario planning in action: a manufacturer hit with 30% US tariffs and how they survived itWhy 80% of small business owners are earning less than $100K a year — and what to do about itThe difference between scaling and optimizing — and when to choose each Walid rebranded from WD Accounting Services to Precision Growth Partners in 2024 because the old name sent the wrong signal. Accounting means taxes and bookkeeping in most people's minds. Precision Growth Partners says exactly what he does. Connect with Walid Doumyati: Connect on LinkedIn Website: Precision Growth Partners Email: [e-mail] | Phone: [phone] Free offer: Book a free financial assessment — no charge, no obligation. Co-host Wayne Pratt — Business coach and founder of Motive8U. Connect at motivate8u.ca Our Sponsors: Join Canada Growth Network — Full GHL CRM + membership community access. First month $1 CAD. Then $47 CAD/month. No contract, no lock-in. Try Web Indexer — The smart chatbot for the Knack 4 Business website. Find past episodes faster, discover related content, and book a meeting — all from the K4B site. Explore Gentry Learning — A platform built to teach you how to invest in real estate with confidence. Also listen to Property Wizard, the podcast arm of Gentry Learning. Keep growing: Questions? Reach us at [e-mail] Join Canada Growth Network — Full GHL CRM + community. $1 CAD first month. $47 CAD/month after. No lock-in. Subscribe to the podcast on your favourite platform. Subscribe to the K4B blog — Episode recaps and business insights delivered to your inbox. Search K4B episodes by topic — Press the ? on the K4B website and search by topic using the Web Indexer chatbot. Register as a K4B guest — Have a story worth sharing? Tell us about it. Visit Knack 4 Business Disclaimer: Please note that the Knack 4 Business podcast episodes are meant solely for educational and general informational purposes. The information and opinions contained within are not intended to be professional advice on any subject matter. The thoughts, views, and opinions expressed by the participants are their own beliefs and do not represent the views of the podcast hosts or any affiliated organizations.It is important to note that this podcast is not a replacement for consulting with certified experts in your area who possess knowledge of your unique situation. The hosts of the podcast, along with any participants or affiliated groups, do not take responsibility for any actions taken or not taken based on the information presented in this episode.It is highly recommended that individuals seek guidance from their advisors in fields such as accounting, law, or other pertinent areas prior to undertaking any actions or making decisions that may impact their financial, legal, or other aspects of life. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.