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…

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…

Liquidity Traps to Avoid
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Liquidity Traps to Avoid

“Gazintas”? What is that? “Gazinta” is what I call a “goes into” and your balance sheet is full of them. Your balance sheet is dynamic, not static, and a “gazinta” indicates a change in your balance sheet and the reason. Cash going down “goes into” receivables going up or purchasing equipment for cash or funding…

ProfitSense Episode 46: Dr. Laronta Rush, Healthy Minds Psychology Assoc.; Dr. Brooke Jones, Fresh Start for the Mind; Dr. Brianna Gaynor, Peace of Mind Psychological Services; and Kristen Fraser, LPC, Canton Counseling 
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ProfitSense Episode 46: Dr. Laronta Rush, Healthy Minds Psychology Assoc.; Dr. Brooke Jones, Fresh Start for the Mind; Dr. Brianna Gaynor, Peace of Mind Psychological Services; and Kristen Fraser, LPC, Canton Counseling 

On this edition of ProfitSense with Bill McDermott, four independent mental health professionals joined host Bill McDermott. Dr. Laronta Rush, Dr. Brooke Jones, Dr. Brianna Gaynor and Kristen Fraser, LPC discussed their friendship and how they came together, supporting each other as business owners and mental health professionals, how they navigated changes during the pandemic, a major…

ProfitSense Episode 45: Vivian Dempsey, Wilson Lewis & Scott Williford, vLink Solutions
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ProfitSense Episode 45: Vivian Dempsey, Wilson Lewis & Scott Williford, vLink Solutions

On this episode of ProfitSense, host Bill McDermott welcomed Vivian Dempsey, Partner at Wilson Lewis, and Scott Williford, CEO of vLink Solutions. Vivian talked about Georgia’s personal income tax rebate, the advantages and disadvantages of an S Corp, the IRS tax inflation adjustments for the tax year 2023, and much more. Scott discussed his experience in…

Is Your Business Suffocating?
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Is Your Business Suffocating?

Cash is to a business what oxygen is to a person. A business can’t “breathe” without it. 80% of businesses fail within the first 5 years in business and the number one reason is a lack of cash (capital). But the lack of capital is not the cause. Many businesses need sufficient cash to figure…

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