Ep. 29 - Why Your Standard Audit Misses the 15% Leakage Benchmark Titelbild

Ep. 29 - Why Your Standard Audit Misses the 15% Leakage Benchmark

Ep. 29 - Why Your Standard Audit Misses the 15% Leakage Benchmark

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This episode is tailored for CFOs and CEOs of companies with $1M+ in annual expenses, focusing on capital recovery, payroll tax complexities, and operational efficiency.If you are a Corporate CFO or a business owner managing a $1M+ expense sheet, you are likely losing 15% of your capital to "silent leaks" your current team isn't equipped to find.Don Zavis and Michael Jesse introduce The 2nd Look Philosophy, a disruptive approach to corporate finance designed to eliminate The Ignorance Surcharge. Through a high-stakes Forensic Review of 33 business domains, they demonstrate how to Earn, Return, and Retain the capital currently evaporating from your bottom line. Positioning themselves as the ultimate "Bolt-On" to your executive team, they act as the Financial Equalizer to recover hundreds of thousands in found money with zero upfront risk.KEY TAKEAWAYS✅ The Trap: The Ignorance Surcharge—a 15% leakage benchmark comprising overpaid invoices, ghost subscriptions, and misclassified payroll taxes hidden in massive financial reports.✅ The Fix: Deploying The 2nd Look Philosophy through a Forensic Sweep that scrutinizes every line item and forces vendors to re-earn your business every 90 days.✅ The Result: Immediate capital recovery of up to three years of past expenses, turning realized waste into profit without the need to increase sales.[CHAPTERS][00:00] The Productivity Paradox in Corporate Life[01:40] Introducing the 33 Domains of Found Money[02:40] The 15% Leakage Benchmark Explained[05:43] Exposing Embezzlement and Systemic Corporate Risk[08:33] Deep Classification: Finding What’s Hidden in Plain Sight[12:13] The Silent Leak: Why Accountants Miss Tax Credits[15:08] Strategies to Kill Ghost Subscriptions[17:33] The "Say Yes to Everything" Expert Network[19:04] Specialized Recovery: The SUTA/FUTA Tax Trap[21:28] Front-End Scrutiny and the Sunset Date Method[24:43] Eliminating Sunken Cost Fallacy in Shipping[27:38] The "Bolt-On" Strategy for Existing Professional Teams[30:30] Supercharging Capacity to 300 Hours per Week[34:40] The Financial Equalizer: Final "Drop the Mic" Moment 🚨 Stop accepting the loss. We are 2nd Look Services, the Financial Equalizer. We use proprietary tech and forensic expertise to find and reclaim the capital the system unjustly withholds from your business.Ready to Reclaim Your Capital? 📉 Book Your Free Financial Assessment: https://meetings-na2.hubspot.com/meetings/michael4 🌐 Visit Our Website: www.2ndlookservices.comConnect with the HostsLinkedIn:https://www.linkedin.com/company/107150293Facebook:https://www.facebook.com/61576614189080/Subscribe on YouTube:https://www.youtube.com/channel/UCJx4a1oDc4V-o5vAt5wMROwWould you like me to now generate a LinkedIn article that deep-dives into the "SUTA/FUTA Tax Trap" mentioned in the episode?

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