Are You Getting Maximum Value in the Sale of Your Business?
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Are You Getting Maximum Value in the Sale of Your Business?

When it comes to exiting their business, many owners get confused and frustrated because no planning has taken place and they’re ready to exit now. If they’ve been the through the Great Recession and then Covid, they’re especially ready because they’re tired.  I have several clients that are Baby Boomers and are beginning to receive…

3 Essential Steps to a Successful Business Exit
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3 Essential Steps to a Successful Business Exit

A successful business exit can be a complex and daunting process. There are many factors to consider, such as the value of the business, the best way to sell it, and how to ensure a smooth transition. That’s why it’s essential for business owners to consider following these three major steps.  One of the best…

ProfitSense with Bill McDermott, Episode 48: Barry Adams, Peachtree Awnings & Marika Ponton, Office Angels
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ProfitSense with Bill McDermott, Episode 48: Barry Adams, Peachtree Awnings & Marika Ponton, Office Angels

Host Bill McDermott welcomed two accomplished entrepreneurs to this edition of ProfitSense with Bill McDermott: Barry Adams, Peachtree Awnings, and Marika Ponton, Office Angels. Barry shared how his inspiration for starting his business was to “make people smile” and how that mission guides both their work and care for their associates. He also talked about associate…

Actions Speak Louder Than Words
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Actions Speak Louder Than Words

Successfully transitioning ownership and management of their business to the next generation is something that’s on every business owner’s mind. And their goal is to achieve financial freedom in the process. However, many business owners don’t know where to start or what to do. A recent study revealed that only about 50% of business owners…

The Sales Rule Everyone Should Follow
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The Sales Rule Everyone Should Follow

When someone mentions they are a salesperson, mental images often come to mind of the used car salesperson that asks, “What do I need to do to get you in this car today?” People hate to be sold. But, when people are ready to buy they appreciate the help. There’s a subtle mindset shift (sell…

ProfitSense with Bill McDermott, Episode 47: Jonathan Strack and Eric Cooley, Strack, Inc. & Chris Smith, CB Smith & Associates
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ProfitSense with Bill McDermott, Episode 47: Jonathan Strack and Eric Cooley, Strack, Inc. & Chris Smith, CB Smith & Associates

On this edition of ProfitSense with Bill McDermott, Jonathan Strack and Eric Cooley from Strack, Inc., and Chris Smith, CB Smith & Associates, joined us for a discussion on building their respective businesses and adapting to the digital age. Jonathan and Eric talked about cultivating a company culture, getting outside their comfort zone to recruit talent and…

The Liquidity Rule Every Business Owner Should Know
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The Liquidity Rule Every Business Owner Should Know

Every business owner understands that cash/liquidity is critical to running our business. But, knowing how much cash is needed leaves many business owners confused, frustrated, and sometimes losing sleep. It takes a guide to help us know how much cash is needed. Often, we hire an accountant or controller to keep track of cash. Some…

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