How Much of Your Revenue Should Go to Payroll with Ephraim Egbele, CPA | #016
INTRO
In this episode, I sit down with Ephraim Egbele, CPA, founder and managing director of EFS Group, PLLC, an accounting and fractional CFO firm that works with 120 to 150 businesses every month. He started his career in audit at PricewaterhouseCoopers serving Fortune 100 companies, got laid off during the 2009 recession, and built EFS into a 25-person team, half of it in Belize.
We talk about the numbers that should drive a hiring decision, starting with what share of revenue payroll should take and what to change when it does not fit. We also get into how he grew his first bookkeeper…
The skinny
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