Michael Baran

Michael Baran Email and Phone Number

Founder and CEO @ Bloomington, IN, US
Bloomington, IN, US
Michael Baran's Location
Bloomington, Indiana, United States, United States
Michael Baran's Contact Details
About Michael Baran

A highly accomplished MBA, CGMA, and CPA (inactive) qualified Senior Executive with extensive experience leading transformation and growth initiatives in international, multi-sector small to mid-market entrepreneurial companies. Proven expertise in raising debt and equity financing across all company stages, conducting complex negotiations, and creating long-term enterprise value. Adept at IT systems evaluation and implementation, driving efficiencies and informed decision-making in ambiguous environments. Recognized for exceptional leadership, communication, and consensus-building skills, consistently delivering solutions and results in dynamic and challenging situations.Selected Achievements: - Raising capital: As Fractional CFO, raised $2.5M in equity capital in pre-seed and seed financing in under 15 months.- Mergers & Acquisitions: As Fractional CFO and advisor for Sexton, advised Sexton Biotechnologies on strategic options, leading to a successful merger with BioLife Solutions. This merger delivered 8X returns for Series A investors within 21 months, far exceeding expectations.- Strategic Financial Management: As Fractional CFO for Upland Brewing Co., implemented cash management controls and raised over $3.5M in debt and equity, including a much-needed operating line of credit, resulting in $1.2M+ in cash flow in the first year following a $1M addition to company’s flagship brewpub.- Leadership & Team Management: As Interim CFO for Sexton Biotechnologies, led the post-acquisition financial integration with BioLife Solutions, completing the process within six months while ensuring a smooth transition- Operational Excellence & Process Improvement: Led the successful implementation of a new ERP and MRP system for Indiana Limestone within six months while saving $50,000, 10% under budget, and improved management reporting, controls, and inventory.- Risk Management & Compliance: Negotiated four new union contracts simultaneously for Indiana Limestone, successfully avoiding labor strikes while saving $275,000 annually through reduced labor and benefits costs and introducing safety protocols to mitigate operational risks.mwbaran@gmail.com

Michael Baran's Current Company Details
Bar6 Hospitality

Bar6 Hospitality

Founder and CEO
Bloomington, IN, US
Michael Baran Work Experience Details
  • Bar6 Hospitality
    Founder And Ceo
    Bar6 Hospitality
    Bloomington, In, Us
  • Baran Enterprises, Llc
    Managing Partner
    Baran Enterprises, Llc Jun 2008 - Present
    Clients include, but are not limited to, Tactile Engineering, Inc., Butterfield Foods, Inc., Creations 86, Inc., Sexton Biotechnologies, Inc., BioLife Solutions, Inc., Cook Regentec, Net Irrigate, LLC, Upland Brewing Company, Inc., D.I. Aggregates, Indiana Limestone Company, Inc., and Employment Plus, Inc.
  • Bar6 Hospitality
    Founder & Ceo
    Bar6 Hospitality Jan 2017 - Present
    A real estate and hospitality company, specializing in full-service restaurants and bars.- Within six months of acquiring a full-service bar and restaurant (Parky's Smokehouse), revamped the marketing program and achieved approximately 10% top-line growth by expanding the catering business. - Maintained restaurant operations during the pandemic by implementing delivery services, securing PPP and EIDL loans, and cross-training staff, protecting 10 jobs with full salaries while reducing headcount from 30 to 24. - Implemented a new POS system within 45 days, saving $30K in hardware costs and $25K in credit card processing fees in the first year, improving order accuracy, inventory management, and reporting while enhancing payment speed and security. - Negotiated supplier contracts, reducing food and supply costs from 72% to 60% and saving over $52K in the first year through price concessions, rebates, and improved service levels.
  • Net Irrigate, Llc
    Cfo & Evp - Business Development
    Net Irrigate, Llc Mar 2012 - Jun 2016
    An “Internet of Things” AgTech company primarily providing remote monitoring and control solutions for center-pivot irrigation. - Provided Fractional CFO and business advisory services and later engaged as the full-time Chief Financial Officer and EVP of Business Development, overseeing a $4M budget and leading business development, finance, accounting, HR, legal, procurement/ supply chain, and systems functions.- Negotiated bridge financing and raised over $1M utilizing debt and equity, enabling the company to grow sales, expand its team, and add new products, transitioning from burning $50,000 per month to generating over $300K in free cash flow within 12 months.
  • Upland Brewing Company
    Interim Cfo
    Upland Brewing Company 2012 - 2015
    Bloomington, In, Us
  • Opsys, Ltd.
    Co-Founder & Cfo
    Opsys, Ltd. Apr 2008 - Sep 2013
    Opsys, was a start-up med-tech business with patented products.Established and launched an innovative breast biopsy device business, overseeing all finance, accounting, tax, and supply chain functions while managing a team of two and a budget of $100K.
  • Indiana Limestone Company, Inc.
    Chief Financial Officer & Evp
    Indiana Limestone Company, Inc. May 2003 - Mar 2008
    Provides limestone for prestigious American Architectural works, including the Empire State Building, Pentagon, Ronald Reagan Building, and 15 Central Park West.Chief Financial Officer & Executive Vice President 06/2003-05/2008- Negotiated and secured Indiana Limestone’s largest and most profitable residential contract, generating $3.6M in revenue over two years with a record gross margin of over 40% while delivering the project on time and under budget. - Led the successful implementation of a new ERP and MRP system within six months and $50,000 under the $500,000 budget, improving reporting, business intelligence controls, job costing, and inventory management, driving efficiencies across the organization.- Successfully negotiated new contracts with four unions, avoiding labor strikes and achieving over $275,000 in annual labor and benefits savings while introducing flexibility to support company growth and improving safety protocols.
  • Consolidated Graphics Group, Inc.
    Business Compliance
    Consolidated Graphics Group, Inc. 2002 - 2002
    Cleveland, Ohio, Us
    MBA Summer Internship
  • Metropolitan Printing Service
    Plant & Regional Controller
    Metropolitan Printing Service 1998 - 2001
  • Business Furniture
    Controller - Service Division
    Business Furniture Apr 1998 - Sep 1998
  • Office Environments & Design, Inc.
    Principal & Controller
    Office Environments & Design, Inc. Mar 1995 - Mar 1998
    Owner and Controller of Haworth office furniture dealership; sold to Business Furniture Corporation in 1998.

Michael Baran Skills

Financial Analysis Forecasting Financial Modeling Strategic Planning Mergers And Acquisitions Business Strategy Leadership Management Due Diligence Strategy Cross Functional Team Leadership Corporate Finance Private Equity Entrepreneurship Valuation Venture Capital Finance Sales Business Process Improvement Business Planning New Business Development Budgets Process Improvement Business Development Competitive Analysis Start Ups Risk Management Accounting Management Consulting

Michael Baran Education Details

  • Indiana University - Kelley School Of Business
    Indiana University - Kelley School Of Business
    Entrepreneurship And General Management; Minor In Finance
  • Purdue University Daniels School Of Business
    Purdue University Daniels School Of Business
    Accounting And Management With Finance

Frequently Asked Questions about Michael Baran

What company does Michael Baran work for?

Michael Baran works for Bar6 Hospitality

What is Michael Baran's role at the current company?

Michael Baran's current role is Founder and CEO.

What is Michael Baran's email address?

Michael Baran's email address is mw****@****ail.com

What is Michael Baran's direct phone number?

Michael Baran's direct phone number is +181239*****

What schools did Michael Baran attend?

Michael Baran attended Indiana University - Kelley School Of Business, Purdue University Daniels School Of Business.

What are some of Michael Baran's interests?

Michael Baran has interest in Kids, Cooking, Medicine, Exercise, Traveling, Electronics, Home Improvement, International Traavel, Reading, Fitness.

What skills is Michael Baran known for?

Michael Baran has skills like Financial Analysis, Forecasting, Financial Modeling, Strategic Planning, Mergers And Acquisitions, Business Strategy, Leadership, Management, Due Diligence, Strategy, Cross Functional Team Leadership, Corporate Finance.

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