Executive Insights Podcast — Nick T. Foster, CPA (Principal, Foster Financial)

Описание: In this episode of the Executive Insights Podcast, host Dallion Broomfield sits down with Nick T. Foster, CPA, Principal at Foster Financial—an advisor specializing in advanced tax strategies, fractional CFO services, and financial process automation.

Nick shares his journey as a second-generation CPA (doing taxes since he was 12), why he left corporate America for better work-life balance, and how his firm helps business owners stop running “head in the sand” and start making proactive, confident financial decisions year-round.
This conversation is packed with real-world insight on what business owners think they need (bookkeeping, payroll) vs. what actually moves the needle (clean numbers, forecasting, proactive tax planning, and profit-focused decision-making).

In this conversation, we cover:
Nick’s path from corporate CFO track to building Foster Financial
Why “TikTok tax advice” can be dangerous—and how to vet strategies before acting
The #1 financial failure point for small businesses: not knowing their numbers
Why QuickBooks automation isn’t enough (yet) for real-world categorization and decision-making
How proactive bookkeeping unlocks forecasting, budgeting, and smarter tax planning
What excites Nick most about AI in accounting (and what AI still can’t do well)
Why tax planning lives in Q4 (and why January projections often don’t help)
How Foster Financial serves clients across four verticals:
Bookkeeping
Business + personal tax
Fractional CFO work (especially construction)
Real estate development accounting (draws, banks, private equity, audit support)
The “death by paper cuts” problem: high revenue doesn’t mean high profit
A real client win: ERP + geo-fenced payroll saving ~$50k/month and scaling from $5M revenue to multiple companies
Lead quality + qualification: price shoppers vs. service-first clients (and why they added a pricing calculator)
The biggest 2026 priority: embracing AI without forcing it into broken processes

Connect with Nick / Foster Financial
Website: fosterfinancialcpa.com

If you’re a business owner, operator, or advisor who wants to build a financially sound business with proactive strategy—not surprises at tax time—this episode is for you.

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