Andy and Jessica welcome you to a very special episode, the 100th! The Deal Board Podcast has aired one hundred shows, bringing you the most valuable business information hand in hand with the experts in the industry. This episode is dedicated to honoring all those guests and the audience by bringing the top 10 business tips that are shared by 10 business experts. There has never been a better time to buy, sell, or even expand your business; listen to this episode and get the advantage of these succulent tips.
Listing of the week: Chip Redmond (Central Florida) is selling a 35-year-old general constructing company. Gross sales 2020: $7 million. Asking price: $605,000. SDE: $381,000 (in 2020). Excellent books and records and many projects for this year. Call Chip at (321) 299-6867 or email him at chrisredmond@tworld.com.
Key takeaways:
[5:05] Tip # 1: Keith Roberts: Make the most out of your time. Be productive, not just busy.
[7:48] Keith shares where he is at today and how he got there.
[8:59] Tip # 2: Andrea Kimpel (AFK Marketing): Market yourself and build your personal brand using social media and the available resources in 2021.
[13:44] Tip # 3: Marty Fishman: Identify Key Value Drivers.
[18:16] Tip # 4: John Wahl (Live Oak Bank): Use your cash wisely and make sure you are working with experts.
[21:25] John talks about the significance of the fee wage loans.
[24:46 Tip # 5: Laurie Sallarulo (Junior Achievement South Florida): Get involved in your community.
[29:03] Tip # 6: Chris "Chip" Redmond: Keep it short and simple.
[31:04] Tip # 7: Nicole Kowanetz (Palm Beach Poppins): Build better vendor relationships.
[34:15] Tip # 8: Henry Ziff (Transworld Business Advisors UK): Grow through acquisition.
[36:17] Henry explains how to start the process of growing through acquisition.
[38:16] Tip # 9: JT Tatem: Be the mayor! Get known in the local community.
[41:17] JT shares three actionable tips.
[43:33] Tip # 10: Mike Shea: It is not how much money you make, but how much you keep. Cash flow is crucial!
[49:03] Andy and Jessica talk about their favorite tips.
[52:26] Deal of the week: Dustin Audet (Rocky Mountains) just sold a women's boutique located in a tourist town. SDE: $120,000. Sold at $220,000 plus inventory to a local businesswoman.
[55:29] Listing of the week: Chip Redmond (Central Florida) is selling a 35-year-old general constructing company. Gross sales 2020: $7 million. Asking price: $605,000. SDE: $381,000 (in 2020). Excellent books and records and many projects for this year.
Mentioned in this Episode:
The Deal Board Podcast
Subscribe to The Deal Board Podcast YouTube Channel
United Franchise Group
Transworld Business Advisors
Transworld on Linkedin
Transworld on Facebook
Call us — (888) 711-9018
Email us thedealboard@tworld.com
100 Ways to Be a Better Entrepreneur, Entrepreneur magazine
Email Dustin Audet at daudet@tworld.com or call (970) 618-9330
Call Chip Redmond at (321) 299-6867 or email him at chrisredmond@tworld.com.
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