The Story of Tom G. Porterfield in Franchise Accounting Business

The Story of Tom G. Porterfield, CFE, in Franchise Accounting Business

Tom G. Porterfield, a veteran franchise professional, has been heading Dave Creek Media as a franchise owner for seven months. Tom is a Certified Franchise Executive (CFE) from the International Franchise Association (IFA). Tom enjoys guiding franchisee seekers and pharmacists to fulfill their financial dreams. Tom began his career in January 1987 at Arthur Andersen & Company while working for Audit Division in Tulsa, Oklahoma. Tom is a multitalented man with knowledge across various domains, including Franchise, Accounting, Technology, and Pharmacy.

According to Tom, EBIDTA is crucial when purchasing or selling a franchise business. Without proper EBIDTA, there can be serious financial blunders that can lead to faulty outcomes. A thorough EBIDTA can help businesses eliminate inflated valuations, high debts, and unrealistic earnings expectations. EBIDTA helps a business owner understand the importance of having realistic goals and objectives. Tom believes having a minimum ratio of 1.2 of EBIDTA with debt payment is important.

Dave Creek Media is an advertising service-providing company headquartered in Conway, Arkansas. Dave Creek Media was founded in 2017 to provide its customers with full-fledged advertising services. They have a team of experts with a combined experience of over 65 years. They help customers grow their brand value by providing customized services like Geo-targeting, Google advertising, etc. In 2017 Dave Creek Media was founded by two corporate executives, Glenn Crockett and Jeff Standridge.

Tom G. Porterfield, CFE, pursued a Bachelor of Science in Business Administration (BSBA) with a specialization in Accounting program. He studied at the University of Tulsa between 1984 to 1987. BSBA degree trains students to acquire expertise in reporting, analysis, and translating complex information into critical knowledge. It helps students understand how Information Technology applies in business and accounting. BSBA enables students to become experts in their profession and succeed in their lives.

Tom Porterfield earned his certification as a Certified Franchise Executive (CFE) from the Institute of the International Franchise Association (IFA). IFA is the leading and oldest educational services-providing institute from the USA, with a global presence. He was issued the certificate in June 2019. Tom also received a Certified Public Accountant certification from the American Institute of CPAs (AICPA). AICPA is a Durham-based institute that provides education to empower accountants for real-world challenges.

Tom Porterfield is one of the most senior people who has earned much respect for his professional skills. His colleagues and associates admire Tom for his strong ethics and commitment to his work. Tom has displayed superior technical skills and project management capabilities that bring positive changes. He is highly sought after for his superior accounting skills that benefit organizations greatly.

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