The Financial Operator Podcast: Cash In, Chaos Out | Ep. 64 | Selling Businesses With Purpose & Profit

Link to video podcast episode: https://youtu.be/2_N758pI-DM

Empowering Women in M&A: Rachel Boynton's Inspiring Journey 💼✨

🎙️ Welcome to the Financial Operator Podcast: Cash In, Chaos Out! Join host Jen Fizer as she talks with Rachel Boynton, a former human services worker turned business broker, about her journey from starting a home care service to building her own M&A firm. Rachel shares insights on how to prepare a business for sale, avoid common pitfalls, and the importance of tracking finances. She also delves into her mission to empower women business owners in an industry dominated by men. Rachel offers invaluable advice for business owners looking to sell, including real-life experiences and challenges faced during the process. Don't miss out on this detailed discussion packed with practical tips and inspiration! #BusinessBroker #WomenInBusiness #Entrepreneurship

00:00 Introduction and Guest Introduction
00:29 Rachel's Background and Journey into Human Services
01:12 Founding and Growing Life Share
01:38 Selling Life Share and Corporate Experience
02:07 Transition to M&A and Empowering Women Owners
03:24 Challenges and Lessons from Selling a Business
07:08 Importance of Financial Literacy for Business Owners
09:32 Navigating the Sale Process and Valuation
19:13 Preparing for Unexpected Challenges
25:52 Understanding Different Types of Brokers
34:11 Organizing Your Business for Future Sale
34:53 Personal Experience with Home Resale
36:01 Preparing Your Business for Sale
36:57 Financial Records and Business Valuation
37:50 The Importance of Planning Ahead
39:00 Navigating Buyer Expectations
41:04 Understanding Add-Backs and Working Capital
50:38 The Role of a Boutique Firm in Selling Your Business
52:59 Post-Sale Transition and Earnouts
01:01:46 Final Thoughts and Contact Information

#mkb #financialpodcast #financialoperator #businessowner #entrepreneurship #businessbroker #womeninbusiness #womeninleadership #womenentrepreneurs

The Financial Operator Podcast: Cash In, Chaos Out | Ep. 63 | Unlocking Potential With Virtual Staffing Solutions

Link to video podcast episode: https://youtu.be/D5E8-nEBYio

🚀 Join us as we kick off our newly branded podcast, 'The Financial Operator: Cash In, Chaos Out', with our inaugural guest, Scott Rammage from Hire VP! In this episode, Scott dives into his entrepreneurial journey, sharing insights on overcoming work-life balance challenges, leveraging virtual professionals, and the importance of believing in oneself. From starting multiple businesses to mastering the art of delegation, Scott reveals his secret to shifting chaos into cash. Tune in and discover how he successfully transformed the way he manages his business and life, and learn how you can do the same! 💼💡

To connect with Scott:
https://hirevp.us/

Don't forget to subscribe on YouTube for the latest podcast episodes and more from @mkbcfo

Do you have your own financial questions for MKB? Please visit:
Website: https://mkbcfo.com
Instagram: https://www.instagram.com/mkb_cfo/
Facebook: https://www.facebook.com/mkbcfo
LinkedIn: https://www.linkedin.com/company/mkbcfo

00:00 Introduction to the Podcast and Guest
00:52 Scott's Personal and Professional Background
01:26 The Evolution of Hire VP
03:31 Challenges and Lessons in Entrepreneurship
07:17 The Turning Point: Leveraging Virtual Assistants
11:47 Success Stories and Client Experiences
16:01 The Importance of Soft Skills in Hiring
17:47 When to Hire and the ROI of Time
23:14 Understanding Your Energy Limits
23:38 Hiring the Right Salesperson
24:54 Effective Onboarding Strategies
27:12 Creating Standard Operating Procedures (SOPs)
29:08 Promoting from Within
31:58 Overcoming Self-Limiting Beliefs
34:41 The Importance of Hiring and Delegation
39:43 Leadership Challenges and Growth
41:49 Conclusion and Final Thoughts

#millsknowsbills #mkb #financialpodcast #fractionalcfo #resilience #consistiency #businessfinance #businessowner #virtualstaffing #virtualassistant

Inside the Deal: Journeys in Business Acquisition | The MKB Podcast | Episode 62

Link to video podcast episode:

🎙️ In this insightful episode, host Jen Fizer and her guests, Micah and Drew Clukey, dive deep into the nuances of buying and selling businesses. 💼 The discussion highlights the importance of leveraging personal networks and the unique value brokers can bring in specific situations. It also covers crucial considerations when partnering in business, such as assessing compatibility and understanding the financial implications. Real-life experiences and lessons are shared, including the significance of thorough due diligence and surrounding yourself with a solid advisory team. Perfect for aspiring business owners, this episode is packed with practical advice and firsthand stories! 👥📊

00:00 Introduction: The Fun Side of Business Ownership
00:16 The Power of Networking in Business Deals
01:08 The Role of Brokers in Unique Business Transactions
02:40 Drew's Journey: Buying into a Family Business
03:58 Structuring Business Partnerships and Roles
07:21 The Importance of Due Diligence in Business Partnerships
11:51 Final Advice on Buying and Selling a Business
15:17 Conclusion and Farewell 🙌📈

To connect with our guests, please visit:
https://www.clukeyandtebault.com/

Don't forget to subscribe for the latest podcast episodes and more from @mkbcfo

Do you have your own financial questions for MKB? Please visit:
Website: https://mkbcfo.com
Instagram: https://www.instagram.com/mkb_cfo/
Facebook: https://www.facebook.com/mkbcfo
LinkedIn: https://www.linkedin.com/company/mkbcfo

#millsknowsbills #mkb #financialpodcast #fractionalcfo #businessfinance #businessowner #businesssales #businessacquisition #businesspartnership