Smarter Financing, Stronger Businesses: How Fractional CFOs Help Family Businesses Thrive

In this episode of Growing Up B2B, your host Ed Delia welcomes Joseph Alam III, second-generation Managing Director of Mid-States Advisors, Inc. Joseph shares how he expanded his father's debt placement firm into a full-service advisory practice offering M&A and fractional CFO services for lower middle market businesses. The conversation covers key topics including preparing businesses for sale, recognizing financial warning signs, navigating family dynamics in transactions, and finding financing outside traditional banking. Joseph emphasizes the importance of early preparation, strong management teams, clean financials, and maintaining lender relationships, even during difficult times. Check out Joseph's work at https://www.midstatesadvisors.com/ Connect with Joseph on LinkedIn:   / joseph-alam-iii-9057bb21   Think you'd be a great guest on the show? Apply: https://podcast.delianet.com/podcast-...