This is the audio version of “Working Capital in a Business Sale: What Owners Miss.”

In this episode, Sara Vaziri and Raymond Skaug discuss why working capital becomes such an important part of buying and selling a business.

They break down what working capital means, what is typically included, and why buyers pay close attention to inventory, accounts receivable, accounts payable, cash flow, and the working capital peg during a transaction.

Raymond explains why a profitable business can still create cash problems after closing, especially when receivables are slow, inventory turns unevenly, or the buyer needs operating cash in the first 90 days.

They also discuss how cash management, vendor terms, excess inventory, obsolete inventory, and receivable collection can affect buyer confidence, business valuation, and deal readiness.

Key topics:
• Working capital
• Business sale preparation
• Business valuation
• Cash flow management
• Profit vs. cash
• Accounts receivable
• Inventory management
• Accounts payable
• Working capital peg
• Cash conversion cycle
• Buyer risk
• SBA acquisition loans
• Deal readiness
• M&A preparation
• Selling a business
• Building a business beyond the owner

For the full video conversation, watch on YouTube:
https://youtu.be/aJx2TXA12cU

Host:
Sara Vaziri, MBA, MSc, CBB, CBI
Zoom Business Brokers
(949) 426-5067
sara.vaziri@zbbcorp.com
M&A Advisor, Award-Winning Certified Business Broker, Founder and Office Broker of Zoom Business Brokers, specializing in selling manufacturing, B2B, contractor businesses, wholesale, 3PL, and financial-related businesses in the State of California.

More Information:
https://www.linkedin.com/in/saravaziri/

Guest:
Raymond Skaug, CVA, MBA
CEO of BizProValue
614-270-0609
ray@bizprovalue.com
www.bizprovalue.com
https://www.linkedin.com/in/ray-skaug-74466314/

Disclaimer:
This show is for informational purposes only and does not constitute legal, financial, tax, investment, valuation, or business brokerage advice. Please consult your own qualified advisors before making any decisions.

#WorkingCapital #BusinessValuation #SellingABusiness #ExitPlanning #BusinessOwners

This is the audio version of “Exit Planning for Business Owners: Build Value, Reduce Risk, and Prepare to Sell.”

In this episode, Sara Vaziri and Maylia Tsen discuss why selling a business successfully starts long before a buyer makes an offer.

They break down how exit planning helps business owners prepare their company for sale, succession, ownership transition, and long-term continuity. Maylia explains why a profitable business may still not be ready to sell if the owner is too central to operations, financial reporting is not clean, contracts are not in place, or customer concentration creates buyer risk.

They also discuss how business owners can identify hidden red flags, improve business value, prepare emotionally for life after the sale, and reduce the risks that can lower valuation or stop a deal from moving forward.

Maylia also shares a real-world example where early exit planning helped owners move from an $11 million offer to a $19 million sale with the same buyer.

Key topics:
• Exit planning
• Preparing a business for sale
• Business succession planning
• Business valuation
• Business value building
• Owner dependency
• Customer concentration risk
• M&A preparation
• Business sale red flags
• Ownership transition
• Partner alignment
• Financial reporting
• Legal contracts
• Estate planning
• Deal readiness
• Building a business beyond the owner

For the full video conversation, watch on YouTube:
https://youtu.be/Jaoj7s3G3gw

Host:
Sara Vaziri, MBA, MSc, CBB, CBI
Zoom Business Brokers
(949) 426-5067
sara.vaziri@zbbcorp.com
M&A Advisor, Award-Winning Certified Business Broker, Founder and Office Broker of Zoom Business Brokers, specializing in selling manufacturing, B2B, contractor businesses, wholesale, 3PL, and financial-related businesses in the State of California.

More Information:
https://www.linkedin.com/in/saravaziri/

Guest:
Maylia Tsen
NAVIX Consulting Services
Planning Today for Tomorrow’s Exit
“Maximizing Your Valuation”
itsbusinessadvisor@gmail.com
(949) 637-2624
https://www.linkedin.com/in/maylia

Disclaimer:
This show is for informational purposes only and does not constitute legal, financial, tax, investment, or business brokerage advice. Please consult your own qualified advisors before making any decisions.

#ExitPlanning #BusinessSuccession #BusinessValue #OwnershipTransition #SellingABusiness

This is the audio version of “ESOP Exit Strategy: How Business Owners Can Sell to Employees Through an ESOP.”

In this episode, Sara Vaziri and Anthony Levi discuss how an ESOP, or Employee Stock Ownership Plan, can give business owners another path beyond selling to a strategic buyer, private equity, or family successor.

They break down how an ESOP can help owners sell their company to employees through a structured ownership transition, create liquidity over time, and remain involved while preparing the business for long-term continuity.

Anthony also explains when an ESOP may be a good fit, why positive cash flow matters, how sellers may receive payment, how the ESOP trust structure works, and why succession planning still matters even after the transaction begins.

They also discuss ESOP tax advantages, fair market valuation, strategic buyer comparisons, leadership transition, governance, and red flags that may make an ESOP the wrong path for certain businesses.

Key topics:
• ESOP exit strategy
• Employee Stock Ownership Plan
• Selling a business to employees
• Business succession planning
• Ownership transition
• Exit planning
• Business valuation
• ESOP tax advantages
• Seller liquidity
• Strategic buyer vs. ESOP
• Private equity alternative
• Leadership succession
• Governance and board oversight
• ESOP feasibility
• Building a business beyond the owner

For the full video conversation, watch on YouTube:

Host:
Sara Vaziri, MBA, MSc, CBB, CBI
Zoom Business Brokers
(949) 426-5067
sara.vaziri@zbbcorp.com

M&A Advisor, Award-Winning Certified Business Broker, Founder and Office Broker of Zoom Business Brokers, specializing in selling manufacturing, B2B, contractor businesses, wholesale, 3PL, and financial-related businesses in the State of California.

More Information:
https://www.linkedin.com/in/saravaziri/

Guest:
Anthony Levi
TENOR ESOP PARTNERS
Ph: (206) 369-0796
levi@tenoresop.com
linkedin.com/in/alevi

Disclaimer:
This show is for informational purposes only and does not constitute legal, financial, tax, investment, or business brokerage advice. Please consult your own qualified advisors before making any decisions.

#ESOP #ExitPlanning #BusinessSuccession #EmployeeOwnership #OwnershipTransition #SellingABusiness