Blake Oliver interviews Savannah Bananas CFO Tim Naddy to learn unconventional strategies for explosive business growth. Discover how this innovative sports entertainment team achieved a million-fan waitlist and sold out over 200 consecutive games. Tim will share insights on creating innovative revenue streams, developing fan-centric KPIs to drive profitability, and managing financial risks in rapidly scaling businesses. Whether you're in sports, entertainment, or another industry, discover how to apply these creative accounting practices to transform your financial approach. Walk away with actionable strategies to enhance customer engagement, boost growth, and reimagine your business's financial success.
(Originally recorded on August 7, 2024, on Earmark Webinars+)
Sponsor
MakersHub - https://earmarkcpe.promo/makershub
Chapters
- (00:00) - How to Earn CPE
- (01:17) - Behind the Scenes with the Savannah Bananas
- (03:06) - The Role of a CPA in Sports Entertainment
- (04:40) - Educating the Next Generation of Creatives
- (07:37) - The Savannah Bananas Phenomenon
- (12:59) - Fan-Centric Business Model
- (20:23) - Challenges and Innovations in Finance
- (29:20) - Touring and Merchandise Strategy
- (34:48) - Partnering for Regional Warehousing
- (35:30) - Forecasting Inventory Needs
- (36:05) - Managing Merchandise Logistics
- (37:06) - Understanding Fan Data
- (39:03) - Finance Tech Stack Overview
- (49:12) - Challenges of Rapid Expansion
- (55:55) - Creative Accounting Practices
- (59:14) - Advice for Aspiring Accountants
- (01:02:10) - Conclusion and CPE Information
https://earmarkcpe.com
Download the Earmark CPE App
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Connect with Our Guest, Tim Naddy
LinkedIn: http://www.linkedin.com/in/drtimnaddy221b
Learn more about The Savannah Bananas
https://thesavannahbananas.com/
Connect with Blake Oliver, CPA
LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/
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