Why Every Growing Security Business Needs a Finance Leader
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Growing a security business gets harder when the financial side of the company can’t keep up.
In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down why Alarm Masters hired a Director of Finance and the lessons they learned as the business grew. They share their journey from handling the books themselves, to outsourced bookkeeping, to building the financial leadership needed to support acquisitions, debt, budgeting, and long-term growth.
In this episode:
→ When a business needs financial leadership
→ The difference between accounting and finance
→ Moving from cash to accrual accounting
→ Financial mistakes they made while scaling
→ Why acquisitions require stronger financials
→ Budgeting, forecasting, and managing cash flow
→ Managing for growth vs. managing for earnings
→ What to look for when hiring a finance leader
Connect:
Stephen Olmon — https://x.com/stephenolmon
Collin Trimble — https://x.com/TXAlarmGuy
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