In this week's episode of "Maximize Business Value," Tom dives into the importance of making a great first impression, especially when preparing your business for sale. Learn how the appearance of your facilities and the organization of your data can impact the perceived value of your business. A well-maintained environment doesn’t just attract buyers—it also boosts employee morale and reflects the culture of your business. Tune in for tips on how to make that first impression count! #BusinessEfficiency #RightsizeYourBusiness #operationalexcellence #PodcastForEntrepreneurs MAXIMIZE BUSINESS VALUE BOOK: https://amzn.to/2AvazXT MAXIMIZE BUSINESS VALUE PLAYBOOK: https://amzn.to/3Vv2KWq Schedule a time with Tom: http://calendly.com/tombronson Our latest eBook: https://www.masterypartners.com/ebooks CONNECT WITH TOM Facebook: / masterypartners LinkedIn: / tom-bronson Website: https://www.masterypartners.com/ Please be sure to like and subscribe for more great content to help YOU maximize YOUR business value! Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. © 2024 Mastery Partners, LLC.

In this week's episode of "Maximize Business Value," Tom addresses the difficult but essential task of documenting and sharing your business living-will. What would happen to your business if something unexpected happened to you? Tom introduces the concept of the "Green Box exercise," a practical approach to ensuring that your business and family are prepared in case of an emergency. Tune in to learn why having a business living-will is crucial and how to start the process of documenting and sharing it with the right people.

In this week's episode of "Maximize Business Value," Tom discusses the importance of hiring a financial advisor or wealth management firm. Discover why waiting until after you sell your business is too late, and learn how these professionals can help you plan for your future, minimize tax consequences, and preserve your wealth. Tom also highlights the importance of choosing a fiduciary to ensure you receive the best advice and support. Tune in to understand why every business owner needs a financial planner. #BusinessEfficiency #RightsizeYourBusiness #operationalexcellence #PodcastForEntrepreneurs MAXIMIZE BUSINESS VALUE BOOK: https://amzn.to/2AvazXT MAXIMIZE BUSINESS VALUE PLAYBOOK: https://amzn.to/3Vv2KWq Schedule a time with Tom: http://calendly.com/tombronson Our latest eBook: https://www.masterypartners.com/ebooks CONNECT WITH TOM Facebook: https://www.facebook.com/masterypartners LinkedIn: https://www.linkedin.com/in/tom-bronson/ Website: https://www.masterypartners.com/ Please be sure to like and subscribe for more great content to help YOU maximize YOUR business value! Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. © 2024 Mastery Partners, LLC.

When it comes to selling your business, finding the right M&A advisor is crucial. Whether you opt for a business broker or an investment banker, the success of your transaction can hinge on this choice. Think of these advisors like real estate agents for businesses: brokers typically handle smaller deals (under $10M in enterprise value), while investment bankers manage larger transactions. A great M&A advisor will provide an estimate of your business's value, help gather necessary information, create an offering memorandum, and confidentially approach prospective buyers to generate interest. While their fees can be steep, investing in a quality advisor is worth every penny. Beware, though—there are more bad intermediaries out there than good ones, so thorough research is essential. At Mastery Partners, we work to match prospective sellers with the right brokers and bankers from our trusted network. #BusinessEfficiency #RightsizeYourBusiness #operationalexcellence #PodcastForEntrepreneurs MAXIMIZE BUSINESS VALUE BOOK: https://amzn.to/2AvazXT MAXIMIZE BUSINESS VALUE PLAYBOOK: https://amzn.to/3Vv2KWq Schedule a time with Tom: http://calendly.com/tombronson Our latest eBook: https://www.masterypartners.com/ebooks CONNECT WITH TOM Facebook: https://www.facebook.com/masterypartners LinkedIn: https://www.linkedin.com/in/tom-bronson/ Website: https://www.masterypartners.com/ Please be sure to like and subscribe for more great content to help YOU maximize YOUR business value! Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. © 2024 Mastery Partners, LLC.

In this week's episode of "Maximize Business Value," Tom discusses Chapter 57: "Leverage the Knowledge of Your External CPA." Many business owners make the mistake of only consulting their accountants at tax time. However, a great CPA can serve as a surrogate CFO, offering invaluable advice on tax planning, exit planning, cost savings, and financial issues like cash flow and budgeting. Tom shares key questions to ask when hiring a CPA to ensure you get the proactive, comprehensive advice your business needs to thrive. Tune in to learn how to make the most of your CPA's expertise and elevate your business strategy. #BusinessEfficiency #RightsizeYourBusiness #operationalexcellence #PodcastForEntrepreneurs MAXIMIZE BUSINESS VALUE BOOK: https://amzn.to/2AvazXT MAXIMIZE BUSINESS VALUE PLAYBOOK: https://amzn.to/3Vv2KWq Schedule a time with Tom: http://calendly.com/tombronson Our latest eBook: https://www.masterypartners.com/ebooks CONNECT WITH TOM Facebook: https://www.facebook.com/masterypartners LinkedIn: https://www.linkedin.com/in/tom-bronson/ Website: https://www.masterypartners.com/ Please be sure to like and subscribe for more great content to help YOU maximize YOUR business value! Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. © 2024 Mastery Partners, LLC.

In this week's episode of "Maximize Business Value," Tom discusses the importance of forming a board of advisors or joining an informal board organization. Being a business owner can be isolating, but having a group of trusted advisors can provide invaluable support and insights. Learn how an advisory board differs from a board of directors, the benefits it offers, and the various professional groups available to business owners seeking peer support. Tune in to discover how you can build a network that helps you navigate the complexities of running a business. #BusinessEfficiency #RightsizeYourBusiness #operationalexcellence #PodcastForEntrepreneurs MAXIMIZE BUSINESS VALUE BOOK: https://amzn.to/2AvazXT MAXIMIZE BUSINESS VALUE PLAYBOOK: https://amzn.to/3Vv2KWq Schedule a time with Tom: http://calendly.com/tombronson Our latest eBook: https://www.masterypartners.com/ebooks CONNECT WITH TOM Facebook: https://www.facebook.com/masterypartners LinkedIn: https://www.linkedin.com/in/tom-bronson/ Website: https://www.masterypartners.com/ Please be sure to like and subscribe for more great content to help YOU maximize YOUR business value! Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. © 2024 Mastery Partners, LLC.

In this week's episode of "Maximize Business Value," Tom explores Chapter 55: "When Times are Good, Invest a Little." Discover why it's crucial to invest in your business during prosperous times by bringing in experts and advisors for an objective review. Learn how fractional executives can provide the guidance you need, especially if your business isn't large enough to support full-time executive leadership. Tune in for insights on maximizing your business's value through strategic investments and expert advice. #BusinessEfficiency #RightsizeYourBusiness #operationalexcellence #PodcastForEntrepreneurs MAXIMIZE BUSINESS VALUE BOOK: https://amzn.to/2AvazXT MAXIMIZE BUSINESS VALUE PLAYBOOK: https://amzn.to/3Vv2KWq Schedule a time with Tom: http://calendly.com/tombronson Our latest eBook: https://www.masterypartners.com/ebooks CONNECT WITH TOM Facebook: https://www.facebook.com/masterypartners LinkedIn: https://www.linkedin.com/in/tom-bronson/ Website: https://www.masterypartners.com/ Please be sure to like and subscribe for more great content to help YOU maximize YOUR business value! Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. © 2024 Mastery Partners, LLC.

In this episode of "Maximize Business Value," Tom discusses the importance of eliminating owner dependency to increase business valuation. Learn how to transition from being an operator to an investor by documenting processes, training your team, and testing your business’s independence. Discover why making yourself expendable is the key to a more valuable and sustainable business. #BusinessEfficiency #RightsizeYourBusiness #operationalexcellence #PodcastForEntrepreneurs MAXIMIZE BUSINESS VALUE BOOK: https://amzn.to/2AvazXT MAXIMIZE BUSINESS VALUE PLAYBOOK: https://amzn.to/3Vv2KWq Schedule a time with Tom: http://calendly.com/tombronson Our latest eBook: https://www.masterypartners.com/ebooks CONNECT WITH TOM Facebook: https://www.facebook.com/masterypartners LinkedIn: https://www.linkedin.com/in/tom-bronson/ Website: https://www.masterypartners.com/ Please be sure to like and subscribe for more great content to help YOU maximize YOUR business value! Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. © 2024 Mastery Partners, LLC.

In this week's episode of "Maximize Business Value," Tom explores Chapter 53: "Plan For Ownership And Management Transition." Every business will eventually transition, whether through an external sale or an internal handover. Tom discusses the importance of preparing future managers and being transparent with key employees about the transition plans. He shares insights on training and cross-training necessary skills to ensure the business continues to thrive post-transition. Tune in to learn how to effectively prepare your business for its next chapter. #BusinessEfficiency #RightsizeYourBusiness #operationalexcellence #PodcastForEntrepreneurs MAXIMIZE BUSINESS VALUE BOOK: https://amzn.to/2AvazXT MAXIMIZE BUSINESS VALUE PLAYBOOK: https://amzn.to/3Vv2KWq Schedule a time with Tom: http://calendly.com/tombronson Our latest eBook: https://www.masterypartners.com/ebooks CONNECT WITH TOM Facebook: https://www.facebook.com/masterypartners LinkedIn: https://www.linkedin.com/in/tom-bronson/ Website: https://www.masterypartners.com/ Please be sure to like and subscribe for more great content to help YOU maximize YOUR business value! Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon. © 2024 Mastery Partners, LLC.