ProfitSense Episode 50: Chris Caldwell, Highland Trust Partners & Aaron Wynn, Hunter Recruitment Advisors

ByBill McDermott October 16, 2023October 16, 2023

Chris Caldwell, Partner at Highland Trust Partners, and Aaron Wynn, President of Hunter Recruitment Advisors, were guests on this episode of ProfitSense with Bill McDermott. Chris discussed how he got into financial planning, who they most often work with, the business owner’s level of preparedness for the future, how business planning unfolds, and much more.

Aaron began with a very personal reason he started Hunter Recruitment Advisors and went on to discuss recruitment marketing, working with trades recruiting, why talent leaves a position, and more.

Bill concluded with his thoughts on a question for business owners: “What’s Standing in the Way of Your Business Exit?”

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Profitability Coaching

The Business Owner’s Cheat Sheet: Working ON the Business

ByBill McDermott January 10, 2017January 14, 2021

2016 is in the books and a new year starts. Many of the clients I start working with are so busy working IN the business, they don’t take a step back and work ON the business. Have you had the experience in your business where you can’t see the forest through the trees? Here’s a…

Financing

The Business Owner’s Cheat Sheet: What Are My Financing Options?

ByBill McDermott January 5, 2017January 14, 2021

It seems like there are almost as many lenders with financing offers as there are restaurants, but if that’s the case, why is so hard to find financing for your business?

Forecasting and Budgeting

4 Tips for Business Planning in 2017

ByBill McDermott December 21, 2016January 14, 2021

As we close the books on 2016, there are likely some things that went very well and some things you would do differently. We start to look ahead at the possibilities for 2017 and what we might start, stop and keep doing. To get the thought process started, here are 4 things you must include:

Banking

5 Things You Must Know About Loan Covenants

ByBill McDermott December 6, 2016January 14, 2021

We’ve closed several commitments for lines of credit, term loans and mortgage loans for equipment and real estate. When reviewing your term sheets or commitment letters, after you go through the borrower, loan amount, rate and fees, collateral and guarantor section, you’ll end up at a section called covenants.

Forecasting and Budgeting

Budgeting for 2017-How do I Improve Operational Efficiency and Effectiveness?

ByBill McDermott December 1, 2016January 14, 2021

Many closely held businesses are seeing significant increases in revenue despite slow overall economic growth. With those increases, pressure can be created on people and systems to the point where you’re confronted with finding quality people and investing in systems to support your growth. Those investments of people and systems may have come at significant…

Acquisitions

3 Things You Must Know About Acquisition Financing

ByBill McDermott November 16, 2016January 14, 2021

I have several clients that are involved in business acquisitions. With a sluggish economy, many are attracted to the opportunity to acquire business versus grow organically. If you’re deciding to buy a company, here are 3 things you must know about financing the acquisition.