Taxes can take a bigger bite out of your business sale than you’d expect. Imagine you just closed the deal on selling your business, thinking you’re walking away with a fortune—until the IRS shows up like an uninvited guest at your retirement party. Suddenly, your hard-earned nest egg shrinks faster than a cheap sweater in…
John had built his contracting business from scratch—20 years of sweat, long hours, and enough coffee to keep a small country awake. Vacations? Rare. Family time? Sacrificed. Retirement plan? “Work until I keel over.” Then one day, a buddy sold his business for a fortune. Maybe I should sell too, John thought. But when he…
True love isn’t about holding on too tightly—it’s about preparing for the day you step away. Whether you plan to sell, transition to family, or hand the reins to a capable team, a business that runs smoothly without you is more valuable and more likely to thrive. Yet, many business owners put off exit planning…
As a business owner, you’ve likely poured years of hard work, passion, and determination into building your company. But have you given thought to life beyond your business? Whether you envision more time with family, traveling, or pursuing new ventures, defining your legacy starts with a clear exit plan. If you’ve done little to no…
In this episode of ProfitSense, host Bill McDermott interviews Yuquan Holloway from Holloway Consulting Group and Lee Heisman from Exit Stage Left Advisors. Yuquan shares her journey from corporate America to becoming an “accidental entrepreneur,” providing insights into how she helps large corporations solve complex challenges through project management and training. Lee discusses his path from…
As a small business owner, you have poured countless hours, commitment, and resources into building your enterprise. When the time comes to implement an exit strategy, it is crucial to be ready to maximize the value of your business. By thinking about, planning and applying strategic measures early on, you can significantly enhance its appeal…
Exit planning. Sounds like the kind of thing you only need if you’re plotting a daring escape from a spy movie, right? For many business owners, the idea of stepping away from their company seems far off, a challenge for “someday.” But here’s the reality: exit planning is the strategic roadmap for how you’ll leave…
As a small business owner, you’ve poured your time, energy and finances into building and growing your enterprise. From the initial idea to the day-to-day operations, you’ve been involved and leading the charge. What you have created and built is something to be proud of and protect! But have you considered what happens when you’re…
This episode of ProfitSense, hosted by Bill McDermott, explores crucial elements for business success, featuring insights from Katie Taylor of K.B. Taylor Marketing, Bruce Burkholder from Robins, Eskew, Smith & Jordan CPAs, and Peter Faser with The Profitability Coach. The session delves into marketing strategies for small to medium-sized businesses, emphasizing the importance of comprehensive plans…
In this episode of ProfitSense, host Bill McDermott talks with three distinguished guests—Paul Zanardo, Beau Billington, and Mitesh Patel—about the strategies behind marketing, the value of fractional executives, and the essentials of business exits. Paul Zanardo, Zanardo Dezignz, discusses misconceptions in marketing and the importance of organic growth over paid ads. Beau Billington, The Free Agent,…
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