🔍 Tariffs Are Impacting Small Businesses—Here’s How to Respond | Full Send CFO

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📢 New tariffs are here—and they’re crushing small business profit margins. Whether you’re importing from China, Vietnam, or the EU, the costs have skyrocketed—some up over 1,200% overnight. In this episode, we break down what you need to know and how to respond without panic.

✔️ Understand how tariffs affect your pricing and cash flow
✔️ Learn 5 practical strategies to adapt fast
✔️ Hear real-world case studies from businesses already adjusting
✔️ Avoid the most common mistakes that cost businesses big time

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⏱️ Chapters

00:00 – Intro: Why Tariffs Are Suddenly a CFO Problem
00:30 – How Tariffs Are Squeezing Small Business Profit Margins
01:25 – Real Example: $26K in Tariffs Jumping to $346K Overnight
01:58 – Quick Overview of Current Tariff Rates (as of April 2025)
02:30 – Immediate Effects on Cash Flow, Inventory, & Demand
03:00 – Case Study #1: Harkla’s Tariff Strategy in Sensory Toys
03:30 – Case Study #2: 3sixteen and Apparel Price Increases
04:17 – Projected Industry-Wide Price Impacts: Apparel, Electronics, Auto
04:30 – Strategy #1: Should You Diversify Your Supply Chain?
05:45 – Strategy #2: How to Renegotiate with Overseas Suppliers
06:45 – Strategy #3: Operational Efficiency
07:40 – Strategy #4: Smart, Targeted Price Increases
08:30 – Strategy #5: Tariff Exemptions & Trade Group Support
09:00 – Why 65% of Businesses Are Now Rethinking Supply Chains
09:30 – What Not To Do: Delayed Reactions and Supplier Over-Reliance
10:00 – Don’t Blindly Raise Prices—Communicate with Customers
10:45 – Lessons from Ford, Jeep & Transparent Pricing Messaging
11:00 – Final Steps: Audit, Communicate, Monitor, Collaborate
12:00 – How to Adjust Vendor Spend Without Sacrificing Strategy
12:20 – Final Thoughts: Navigate This Together

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✅ Key Takeaways:

✔️ Tariffs are drastically impacting import costs—up to 100%+ in some cases.
✔️ Don’t rush into reshoring—negotiate first with suppliers.
✔️ Cutting marketing or strategy partners too soon can stunt growth.
✔️ Small price increases, strategically communicated, can maintain customer trust.
✔️ Monitor policy changes closely—tariff landscapes are evolving daily.

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#CFO #Tariffs #SmallBusiness

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Full Send | Accounting & Data

LinkedIn: Roman Villard, CPA
X: @FullSendCPA
YouTube: Full Send - Accounting & Data
Data Podcast: Data Fuel

Absolutely! Here’s the YouTube-style outline and summary for the most recent Full Send CFO podcast transcript you provided:

🔍 Why Every 7-Figure Business Needs a Fractional CFO | Full Send CFO

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📢 Think a CFO is “too much” for your business? Think again. If you’re doing over 7 figures in revenue, a fractional CFO isn’t a luxury—it’s a growth multiplier. In this episode, we break down:

✔️ Why every $1M+ business needs financial leadership

✔️ Common myths holding founders back

✔️ Tangible benefits of bringing on a strategic finance partner

✔️ When a bookkeeper just isn’t enough

✔️ How a CFO helps you prepare for funding, scale, and profits

⏱️ Chapters

00:00 – Why 7-Figure Businesses Need a CFO

01:00 – “We’re Not Big Enough” — The Real Excuse

01:54 – “It’s Too Expensive” vs. Cost of Bad Decisions

02:55 – Why a Bookkeeper Is Not Enough

03:47 – Accelerating Strategic Decisions with Data

04:44 – Invisible ROI: Freeing Up Founder Brain Space

05:00 – Financial Discipline: Building Scalable Systems

05:49 – Margin Growth: Why Scaling Should Improve Profitability

06:32 – Preparing for Funding, Loans & Investors

07:42 – What Ready Looks Like: Clean Financials on Demand

08:00 – Who Shouldn’t Hire a CFO Yet? (Under 500K Revenue)

09:16 – Final Thoughts: Is Your Control Slowing Growth?

✅ Key Takeaways:

✔️ A fractional CFO accelerates better decision-making—especially around pricing, margins, and reinvestment.

✔️ A bookkeeper gives you the what, but a CFO gives you the why and what next.

✔️ Strategic finance partners build reporting rhythms, accountability, and growth infrastructure.

✔️ Clean, accurate, and timely financials = readiness for loans, fundraising, and smart scaling.

✔️ If you’re under $500K, focus on product-market fit—but be ready to level up fast.

📢 Are you holding onto too much financial control? Drop your thoughts below!

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Thanks for listening! Come Say Hi!

Full Send | Accounting & Data

LinkedIn: Roman Villard, CPA
X: @FullSendCPA
YouTube: Full Send - Accounting & Data
Data Podcast: Data Fuel

🔍 How to Spot Red Flags in Your Financials & Avoid Costly Mistakes | Full Send CFO

👉 Link to YouTube Video

📢 61% of financials contain material misstatements. Are yours accurate? The financial reports you send to investors, stakeholders, and your board may be wrong—leading to bad decisions and financial surprises. In this episode, we break down:

✔️ How to identify critical errors in your financial statements

✔️ Common red flags that CFOs & accountants often miss

✔️ Why reviewing your financials monthly reduces cash flow surprises

✔️ Best practices to prevent reporting mistakes before they snowball

⏱️ Chapters

00:00 - Most Financial Statements Are Wrong—Here’s Why

00:26 - How Misstatements Lead to Bad Business Decisions

01:17 - Common Accounting Errors That Impact Financial Ratios

02:00 - Balance Sheet Red Flags: Negative & Stale Accounts

03:05 - P&L Red Flags: Duplicate Transactions & Anomalies

04:00 - AR & AP Risks: How to Catch Aging Balances Early

05:00 - Payroll Tax Liabilities: A Hidden Danger

06:37 - Duplicate Expenses: How Bill Pay Systems Cause Errors

07:49 - Owner Expenses: Why They Must Be Classified Correctly

08:30 - How to Fix These Issues: Monthly Review Strategies

09:32 - Why Businesses That Review Financials Monthly Perform Better

10:00 - Final Thoughts: How to Build a Financially Healthy Business

✅ Key Takeaways:

✔️ Negative balances and unclassified assets are red flags for accounting errors.

✔️ Aging AR & AP can indicate cash flow problems before they escalate.

✔️ Payroll tax liabilities must be actively monitored to avoid hidden debt.

✔️ Duplicate expenses from bill pay systems can quietly distort financials.

✔️ Regular monthly reviews reduce the risk of financial surprises by 78%.

📢 How do you ensure financial accuracy in your business? Drop a comment below!

🔔 Subscribe & turn on notifications so you never miss an episode!

Thanks for listening! Come Say Hi!

Full Send | Accounting & Data

LinkedIn: Roman Villard, CPA
X: @FullSendCPA
YouTube: Full Send - Accounting & Data
Data Podcast: Data Fuel