Podcasts about sba

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Best podcasts about sba

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Latest podcast episodes about sba

Entrepreneurs on Fire
Why Smart Money Is Moving Into Non-Food Franchises in 2025 with Jon Ostenson

Entrepreneurs on Fire

Play Episode Listen Later May 31, 2025 21:57


Jon Ostenson is a top 1 percent Franchise Broker, Consultant, Investor, and Author of the book 'Non-Food Franchising'. Jon is CEO of FranBridge Consulting, an Inc 5000 company. draws on his experience as a former Inc. Franchise President and Multi-Brand Franchisee in serving his clients. Top 3 Value Bombs 1. Non-sexy is the new sexy. The best franchise opportunities aren't trendy, they're recession-resilient and rooted in everyday needs like home services, senior care, and wellness. 2. Franchising vs. buying a business. Many aspiring entrepreneurs spend years chasing existing businesses. Franchising can offer a faster, proven path with built-in support and less risk. 3. You don't need millions. Most franchise opportunities range from 150K – 400K and can be funded through SBA loans or retirement accounts, making business ownership accessible. Checkout their website, schedule a discovery call and download the book Non-Food Franchising for free - FranBridge Consulting Sponsor DeleteMe - Take control of your data and keep your private life private by signing up for DeleteMe. Get 20 percent off your DeleteMe plan when you go to JoinDeleteMe.com/eofire and use promo code EOFire at checkout.  

Acquisitions Anonymous
Anchorage's Best Kept Secret: A Snow Biz with 40% Margins

Acquisitions Anonymous

Play Episode Listen Later May 27, 2025 24:29


Would you move to Alaska to own a snow removal business making $700K a year?Business Listing – https://www.bizquest.com/business-for-sale/landscaping-and-snow-removal-company-for-sale-in-south-central-alaska/BW2313996/

Franchise Secrets Podcast
The #1 Mistake That Destroys Emerging Franchise Brands (And Nobody Talks About It)

Franchise Secrets Podcast

Play Episode Listen Later May 27, 2025 52:13


In this episode, Erik is joined by Sherri Sieber, president of FranFund, to dive deep into the pitfalls and must-knows for emerging franchisors—and the critical importance of funding, accurate FDDs, and realistic projections.  

Get Fundable
Major Updates From FICO World 2025! With David Smith

Get Fundable

Play Episode Listen Later May 26, 2025 13:24


Live from FICO World 2025, this episode dives deep into the challenges facing small business owners in today's economy. Our guest, David Smith—an SBA insider and expert in business origination—joins host Merrill Chandler to talk about EIDL loan defaults, rising inflation, SBA lending changes, and the ripple effects of regulatory shifts at the IRS and CFPB. From Five Guys burgers to $136 cowboy steaks, we're unpacking what price elasticity and economic reality mean for your business survival. It's real talk, no fluff—just insight, strategy, and a little humor. Love the show? Subscribe, rate, review, and share! http://getfundablepodcast.com/

David C Barnett Small Business & Deal Making
2025 SBA 7_a_ Loan Changes- Good or Bad_

David C Barnett Small Business & Deal Making

Play Episode Listen Later May 21, 2025 39:21


***New Video Alert! The new US administration has made changes to the SBA small business loan program. Today, I give a quick rundown of the changes and then tell you what I and others think of them. Watch this week's video here: https://youtu.be/CaVXLuVNqFk Cheers See you over on YouTube David C Barnett #businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #buyabusiness #businessfinancing #7(a) #SBA Interview with Heather Endresen https://youtube.com/live/3432U6Q8ZPQ 2023 Loan changes Evil? https://youtu.be/wwUyQ-ePXk4?si=sP7LUbZZ9WDnN_Sr **** - Join David's email list so you never miss any new videos or important information or insights, RECEIVE 7 FREE GIFTS!!- https://www.DavidCBarnettList.com **** Do Business with David using these incredible internet links... - David's Blog where you can find hundreds of free videos and articles, https://www.DavidCBarnett.com - Book a call with David and let him help you with your project, https://www.CallDavidBarnett.com - Learn how to buy a successful and profitable business in a risk-controlled way https://www.BusinessBuyerAdvantage.com - Get help selling your business, https://www.HowToSellMyOwnBusiness.com - Get better organized in your business, https://www.EasySmallBizSystems.com - Learn to make better cash flow forecasts and write incredibly effective business plans from scratch!, https://www.BizPlanSchool.com - Learn to build an equity asset with insurance! visit https://www.NewBankingSolution.com -Did you sign up for an expensive Merchant Cash Advance for your business and now struggle to make the payments? Find out how you can negotiate your way out at https://www.EndMyMCA.com

Fastest 5 Minutes, The Podcast Government Contractors Can't Do Without
Fastest 5 Minutes: DOJ's Corporate Enforcement Priorities, Army Transformation

Fastest 5 Minutes, The Podcast Government Contractors Can't Do Without

Play Episode Listen Later May 21, 2025 10:34


This week's episode covers a SBA notice relating to the mentor-protégé program, an Army memo about its transformation strategy, revisions to DCSA Form 328, DOD's Software Fast Track Initiative, and revisions to DOJ's Corporate Enforcement and Voluntary Self-Disclosure Policy, and is hosted by Peter Eyre and Yuan Zhou. Crowell & Moring's "Fastest 5 Minutes" is a biweekly podcast that provides a brief summary of significant government contracts legal and regulatory developments that no government contracts lawyer or executive should be without.

The Valley Today
Small Business Administration: Customer Service Matters

The Valley Today

Play Episode Listen Later May 21, 2025 26:12


In today's business landscape, customer service is pivotal for small businesses striving for success. In a recent conversation on the Valley Business Today, Janet Michael, the host, alongside Carl Knoblock, the Virginia District Director for the Small Business Administration (SBA), delved into the nuances of outstanding customer service and its impacts. Janet opened the discussion by sharing a pertinent anecdote about the vital role customer service played during a challenging week for her. A local company failed to meet expectations, whereas Green's Septic Services went above and beyond, earning her loyalty. This story highlighted the stark differences in customer service quality and its direct effect on consumer perceptions and business success. Carl underscored the lasting loyalty good customer service can engender, recounting his own experiences with veteran hospitals. He illustrated how exemplary service can outweigh other factors like price and convenience, embedding a sense of loyalty in customers. Janet reflected on the generational shifts in customer service expectations. While previous generations valued customer interactions significantly, today's digital age has altered these dynamics. Social media and digital communication have complicated the customer service landscape, requiring businesses to adapt continually. Throughout the conversation, both Janet and Carl shared practical examples demonstrating the essence of good customer service. Carl stressed consistency and reliability, while Janet highlighted the importance of going the extra mile, as exemplified by Green's Septic Services cleaning up after their visit. A significant portion of the discussion revolved around training staff for excellent customer service. Carl pointed out the disconnect between older and younger generations' understanding of customer service, with many younger employees lacking the ingrained practices of their older counterparts. He suggested that businesses might benefit from blending experienced hires with younger staff to bridge this gap. Janet recommended directly engaging customers to understand their likes and preferences, which can provide valuable insights for improving service. This practice not only informs better business strategies but also strengthens customer relationships by making them feel valued. The conversation concluded with a mutual understanding of the crucial role that customer service plays in a business's success. Both Janet and Carl emphasized that exceptional service creates loyal customers, potentially leading to word-of-mouth referrals and community support, thereby fostering a sustainable business environment.

Acquisitions Anonymous
Buying an Amazon FBA Business Amid Tariff Chaos

Acquisitions Anonymous

Play Episode Listen Later May 20, 2025 33:15


This Amazon FBA shower filter business has $10M in revenue, $2.5M in EBITDA, and up to 50% recurring revenue—but will Chinese tariffs kill the deal?Business Listing - https://quietlight.com/listings/16050561/

Millionaire University
Mike Wanted to Start a Business but Was Stuck. Now He Has Clarity and a Great Idea l Coaching Call With Justin Williams and Mike Bowman

Millionaire University

Play Episode Listen Later May 20, 2025 34:36


#413 What if one conversation could help you finally get unstuck? In this episode, host Justin Williams shares a powerful one-on-one coaching call with listener Mike Bowman — a seasoned executive ready to stop building other people's businesses and start his own. From wrestling with too many options to narrowing down a clear, executable path, this live session dives into what holds most aspiring entrepreneurs back and how to break through. Whether you're debating between launching a startup or buying an existing business, this episode offers a front-row seat to the kind of clarity and momentum that could change everything! What Justin and Mike discuss on today's episode: + Mike's transition from employee to entrepreneur + Feeling stuck with too many options + Service vs. SaaS business decision + Starting a cleaning business from scratch + Buying a business using SBA loans + Narrowing focus to gain momentum + Leveraging CRO skills in new ventures + Low-barrier business ideas for side hustle + Building systems to scale and exit + Funding options beyond personal capital Watch the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠video podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ of this episode! And follow us on: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tik Tok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To get exclusive offers mentioned in this episode and to support the show, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠millionaireuniversity.com/sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. EXCLUSIVE NordVPN Deal ➼ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://nordvpn.com/millionaire⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try it risk-free now with a 30-day money-back guarantee! Want to hear from more incredible entrepreneurs? Check out all of our interviews ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Learn more about your ad choices. Visit megaphone.fm/adchoices

Acquiring Minds
Buying $5m of Revenue with $50k of Equity

Acquiring Minds

Play Episode Listen Later May 19, 2025 71:07


Register for the webinar:Use an SBA Loan to Start a Roll-Up - Thu May 22nd - https://bit.ly/4kj566XDevin Fitzgerald bought two businesses after one sentence changed his life: It's easier to buy revenue than create it.Topics in Devin's interview:Business is just solving problemsIt's easier to buy revenue than create itLosing 8 months to a dead dealBuying 2 declining businessesTurning around a bad work cultureHerding sellers to the finish lineHow the new SBA rules affected his second acquisitionHonoring his grandmother's memoryBringing high energy to workThe gift of getting to choose your teamReferences and how to contact Devin:LinkedInRML Service GroupGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital AdvisoryDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Money Tree Investing
Filing for Bankruptcy the Right Way with Ashley Morgan

Money Tree Investing

Play Episode Listen Later May 16, 2025 47:33


Ashley Morgan is here to share on filing for bankruptcy the right way. There has been a rising demand for bankruptcy services amid job losses and contracting challenges in the D.C. area, particularly among government contractors, and Ashley's VA based Law Practice has been doing a lot of work on these cases for both individuals and businesses. Ashley explains how bankruptcy can offer a fresh start, protect certain assets like homes or retirement accounts, and in some cases discharge tax and SBA debt. The conversation also covers the complexity of student loan discharge, the importance of asset protection and planning before filing, and misconceptions around credit damage post-bankruptcy.  We discuss...  Ashley Morgan, a bankruptcy attorney near D.C., discussed the rising demand for her services amid increasing job losses, particularly among government contractors. The economic slowdown in the D.C. area is creating a trickle-down effect, impacting local small businesses as stable government money dries up. Bankruptcy is a legal, court-supervised process to eliminate or restructure debt, offering individuals a fresh financial start. The U.S. system allows broader bankruptcy relief compared to many other countries, though outcomes depend heavily on income, assets, and debt type. Common types of bankruptcy include Chapter 7 (liquidation), Chapter 13 (repayment plan), Chapter 11 (business restructuring), and Chapter 12 (for farmers/fishermen). Chapter 11 is often used by large businesses to renegotiate leases, restructure payments, or close unprofitable locations. Small business owners can file Chapter 7 to shut down a business, but Chapter 11 can be cost-prohibitive for many. Personal credit isn't always impacted by business bankruptcy unless the owner personally guaranteed business debt. Bankruptcy doesn't automatically ruin credit—many filers see credit scores rebound shortly after filing. Asset protection during bankruptcy varies by state; homestead exemptions can protect homes, but limits differ widely. Timing and transparency are critical—transferring assets before filing may trigger fraudulent conveyance issues. Retirement accounts (e.g., 401(k)s, IRAs) are often protected and can be used strategically before filing. Student loans are generally not dischargeable, though rare exceptions exist through adversary proceedings under "undue hardship." SBA and certain tax debts may be dischargeable under specific conditions, like being sufficiently old and properly filed. Ashley emphasizes the importance of early education, legal consultation, and realistic expectations about outcomes when considering bankruptcy. Today's Panelists: Kirk Chisholm | Innovative Wealth Barbara Friedberg | Barbara Friedberg Personal Finance Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast   For more information, visit the show notes at https://moneytreepodcast.com/filing-for-bankruptcy-ashley-morgan-712 

Acquiring Minds
How to Use an SBA Loan to Roll Up from $6m to $140m

Acquiring Minds

Play Episode Listen Later May 15, 2025 89:48


Register for the webinar:Use an SBA Loan to Start a Roll-Up - May 22nd - https://bit.ly/4mays9pMichael Davidov bought a home care agency with an SBA loan. 6 years later, he's grown & acquired to $140m in revenue.Topics in Michael's interview:His “other side of the table” moment in private equityPartnering to buy a home health agencyDigitizing a pen and paper businessSeeing his employees as customersNarrowly avoiding a payroll disasterGoing slow to go fastRapid growth through additional acquisitionsHis hiring criteria for leadersAbsorbing a business much larger than themselvesGrowing revenue beyond $100 million References and how to contact Michael:LinkedInPine Street GroupJonathan SassoverJerome Buillon: How to Double and Exit a Home Care AgencyWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital AdvisoryGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

The Art of SBA Lending
Untold Stories: The Rise and Fall of an SBLC feat. Kirk Beason | Ep. 179

The Art of SBA Lending

Play Episode Listen Later May 15, 2025 42:58


This week on The Art of SBA Lending, we're sitting down with a true SBA powerhouse: Kirk Beeson, SBA Managing Director at Veritex Community Bank, and former Chief Credit Officer (and so much more!) at Fund-Ex Solutions Group. Ray Drew and Kirk take a deep dive into the inside story of Fund-Ex: from its promising start-up days to navigating the chaos of PPP and the eventual sale. What does it really take to build an SBA shop from the ground up? How do you maintain culture while scaling at lightning speed? And when do you know it's time to step away?  

Smart Lawyers Position to Transition
Debt is Not the Enemy: Why Smart Law Firm Buyers Use Leverage

Smart Lawyers Position to Transition

Play Episode Listen Later May 15, 2025 17:23


Why are so many lawyers paralyzed by the idea of taking on debt, especially an SBA loan with a personal guarantee, when buying a law firm? In this candid and empowering episode, Victoria Collier breaks down one of the biggest mindset roadblocks law firm buyers face: the fear of debt.  Through personal stories, real-life examples, and strategic insights, she shares how successful entrepreneurs use leverage, how lawyers can adopt that mindset, and why refusing to use debt may be costing you more than you think. If you're on the fence about acquiring a law firm, this episode might be the confidence boost and reality check you need to move forward strategically, and courageously.   3 Key Takeaways (No Spoilers!) 1.⁠ ⁠Mindset Over Money: Your relationship with debt may be blocking your path to growth more than the actual risk itself. 2.⁠ ⁠Lawyers vs. Entrepreneurs: How business buyers in other industries view debt very differently—and what lawyers can learn from that. 3.⁠ ⁠Strategic Use of Leverage: Debt, when used wisely, isn't a liability—it's a growth engine. Victoria Collier is a seasoned attorney, entrepreneur, and expert in law firm sales and valuations. With a background in law and accounting, including her prior military service and CPA training, she brings a unique perspective on the financial intricacies of business valuations. Victoria helps transform law firms into more valuable and sellable businesses, guiding attorneys through life after law.   We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/      

The Most Dwanderful Real Estate Podcast Ever!
Money in the Walls: The Hidden Benefits of Commercial Real Estate - Kamyar Rezaie

The Most Dwanderful Real Estate Podcast Ever!

Play Episode Listen Later May 13, 2025 35:38 Transcription Available


Send us a textCurious about commercial real estate but unsure where to start? In this enlightening conversation, commercial lending expert Kamyar demystifies the process of acquiring commercial properties and reveals why they often represent superior investments to residential real estate.The financial advantages of commercial property ownership become immediately clear as Kamyar explains the hands-off nature of management - "You're literally just getting rent every month" while tenants handle most maintenance responsibilities. This stark contrast to the constant demands of residential properties makes commercial real estate particularly attractive for investors seeking passive income streams.Before taking the commercial plunge, prospective investors should perform crucial preparation steps. Reviewing credit reports, analyzing tax returns, and understanding different qualifying ratios for owner-occupied versus investment properties form the foundation of successful commercial investing. The conversation explores various financing options, from 25-year fixed SBA loans to conventional structures amortized over decades.Tax strategies emerge as a compelling reason to consider commercial investments. Cost segregation allows accelerated depreciation, while opportunity zones offer potential elimination of capital gains taxes after ten years of ownership. "I have clients that buy one or two buildings a year just to take advantage of cost segregation," Kamyar reveals, demonstrating how savvy investors leverage these advantages to rapidly expand their portfolios.The discussion extends beyond immediate benefits to long-term legacy planning. Establishing trusts that ensure properties remain family assets across generations creates true multigenerational wealth rather than temporary prosperity. First-time investors receive practical guidance: focus locally, determine your investment goals, and leverage free resources like LoopNet to identify properties.Ready to transform your financial future through commercial real estate? Connect with experts who can guide your journey and subscribe to continue exploring wealth-building strategies that stand the test of time. Thanks again for listening. Don't forget to subscribe, share, and leave a FIVE-STAR review.Head to Dwanderful right now to claim your free real estate investing kit. And follow:http://www.Dwanderful.comhttp://www.facebook.com/Dwanderfulhttp://www.Instagram.com/Dwanderful http://www.youtube.com/DwanderfulRealEstateInvestingChannelMake it a Dwanderful Day!

The P.T. Entrepreneur Podcast
Ep814 | How Smart Clinic Owners Finance Growth

The P.T. Entrepreneur Podcast

Play Episode Listen Later May 13, 2025 23:26


Funding Your PT Clinic Expansion: SBA Loans vs. Lines of Credit Thinking about expanding your clinic but unsure how to finance it? In this episode, Doc Danny breaks down the two most common and effective ways to fund growth: lines of credit and SBA expansion loans.

Acquisitions Anonymous
Fire Suppression Business in NYC – Is It Worth the $1M Price Tag?

Acquisitions Anonymous

Play Episode Listen Later May 13, 2025 30:19


The hosts dig into a fire suppression business for sale in New York, debating whether it's a hidden gem or a risky bet.Business Listing – https://us.businessesforsale.com/us/nyc-fire-suppression-and-consulting-business-in-new-york.aspxSponsored by Acquisition Lab and Connor Gross' Franchise Workshops

VO BOSS Podcast
Building a Wealthy Vocal Career

VO BOSS Podcast

Play Episode Listen Later May 13, 2025 25:37


BOSSes Anne Ganguzza and Danielle Famble tackle the often-overlooked financial realities of building a successful voiceover career. Their candid conversation reveals that achieving "overnight success" is typically the result of years of dedicated work and strategic sacrifices. They emphasize that time is a crucial financial asset and discuss the importance of making deliberate choices about where to invest it, alongside monetary resources. Anne and Danielle share personal experiences of delaying immediate wants to prioritize long-term business growth, highlighting the need for patience and a willingness to explore various income streams, even those outside one's primary passion. Ultimately, they empower voiceover professionals to take control of their financial journey by making informed sacrifices and defining their own path to sustainable success in the voiceover industry. 00:02 - Speaker 1 (Caller) Hi Anne, this is Jen Keefe from Real Women's Work Podcast. I just wanted to come on and say thank you, thank you, thank you for the series you're doing on AI and voice. I've listened to VO Boss Podcast for a few years now and it's always been informative and helpful, and not only is this series not an exception to that, but it is just the cherry on top. It has been so comforting and helpful to learn about this industry and I just thank you for taking all of the time you must have taken to research and understand, to know what questions to ask so that we're all better informed. It is just awesome, awesome, awesome. I feel excited and confident going forward into the future in the VO industry, all because of this series that you're doing. So thank you.  00:46 - Anne (Host) Hey guys, it's that season again. Are you feeling that tickle in your throat? Don't let a cold or flu slow you down. Combat your symptoms early with Vocal Immunity Blast, a simple and natural remedy designed to get you back to 100% fast. With certified therapeutic grade oils like lemon to support respiratory function, oregano for immune boosting power and a protective blend that shields against environmental threats, your vocal health is in good hands. Take charge of your health with Vocal Immunity Blast. Visit anganguzza.com to shop. 01:31 - Speaker 3 (Announcement) It's time to take your business to the next level, the boss level. These are the premier business owner strategies and successes being utilized by the industry's top talent today. Rock your business like a boss, a VO boss. Now let's welcome your host, Anne Ganguzza of.  01:45 VO Boss. Now let's welcome your host, Anne Ganguzza. 01:47 - Anne (Host) Hey guys, welcome to the VO Boss podcast and the Boss Money Talk series. I'm your host, Anne Ganguzza, and I am so excited to be back with special guest co-host Danielle Famble. Danielle, yay, hey, glad to be back, Danielle, it's been a while.  02:03 - Danielle (Guest) Yeah, it has.  02:04 - Anne (Host) And you've been traveling.  02:05 - Danielle (Guest) I have. I have been traveling. Me too, I just got back from the JMC Euro Retreat in Dublin, which was amazing. I went a couple days early to go shopping and had a really great time Speaking of shopping, I really like your shirt.  02:22 - Anne (Host) Oh my gosh, Well, thank you. I really really resonated with your shirt. Oh my gosh, Well, thank you. I really really resonated with the shirt. I also happen to be traveling in Europe and happen to go back to Amsterdam, which I absolutely love that town, and I saw this in the store no sacrifice, no success and it just had all these really positive, like motivating messages on it and I said, wow, I just really resonate with that and I must have it, and so I bought it and I wanted to wear it it.  02:44 And I said, wow, I just really resonate with that and I must have it. And so I bought it and I wanted to wear it today, and I think there's a message for all of us bosses. No sacrifice no success. Let's talk about sacrificing as it relates to the Money Talk series and financials.  03:00 - Danielle (Guest) Yeah, no, that's a huge part of financial success is sacrificing, sacrificing for your business, sacrificing the short term for your financial goals that are probably long term. That's a huge part of it. And I think that on the other side of that sacrifice, as your shirt says there is some level of success, because you need to be able to delay gratification sometimes to be able to get to success in what you're hoping to achieve in life.  03:27 - Anne (Host) Yeah, that's an interesting point that you bring up delaying gratification. You're absolutely right like I want this and I want it now because I feel like it's that kind of a I don't know. I feel like we're in that kind of culture these days where things are coming at us fast and we want things fast and a lot of times success does not come fast and so we need to kind of step it through. I was actually talking to one of my students the other day about like the steps I took to ultimately achieve my overnight success which, as I've said before on the podcast, took how many years.  03:59 I mean it took close to 10 years for that quote unquote overnight success.  04:05 But it took a lot of sacrifices, and not just financial, I mean. I know that this is the money talks, but financial can also mean your time, because your time is in essence money, especially when you're talking about your business.  04:17 - Danielle (Guest) Oh for sure, when you're talking about your business, there's parts of it that you just need to sort of stair step up.  04:23 So, you're probably front loading a lot of the education in the very beginning and that's a lot of time and it could be a lot of money, but it's mostly time intensive. And then from there then you can kind of take what you've been learning in that education phase and then implement it. But if you want to go from new to pro and you want it to happen quickly, if you try to go for like speed, you're going to be missing some things along the way. So the sacrifice is probably going to be sacrificing your time, it's probably going to be sacrificing your money and it's going to be making some difficult decisions. I mean, even with our business.  05:01 When I first started, I wanted a really expensive booth. I wanted the booth that I saw everybody else had on Zoom, and at that time I did not have that booth money. I just didn't. My business was not bringing in that much income and instead of just going after what it is that I wanted immediately, I chose to stair-step it and I chose to sacrifice what I wanted at that moment for the greater good of spending the money on coaching and spending the money on demos and things like that. And through that, for me success has come and I can afford that booth at some point. But now my goals have changed and the booth is not really the main thing that I'm wanting now. I'm wanting more education, maybe buying different mics or computers or peripherals to bring into the booth. So once you delay that, then you can kind of give yourself the time to recalibrate and readjust in your business.  06:00 - Anne (Host) Yeah, I love that you talked about like you're evolving, like because it does you stair-step it, but then your goals change and so even myself, I mean it's always, I think, an ever-growing, especially if you want to grow your business. Because I find myself I'm looking to diversify and to get into other things. As you know, everybody knows, I'm like a serial entrepreneur, but I like getting into other aspects of the voiceover business or other genres, getting into other aspects of the voiceover business or other genres, and so I've been actually spending a lot of time of which I don't have a ton studying and educating myself and taking classes.  06:31 And it was funny because, like last weekend, I literally I wasn't recording a VO Boss episode which is really odd for me because typically I do that on Saturdays but I found myself spending the entire day learning a new software so that I could see what were the capabilities, how could I implement this in the next step of growing my business. And that required me to sacrifice my entire Saturday and, of course, my happy hour and everybody's like you work so much. But I'm like, honestly, I really believe that doing the work now and getting the education and doing it during the times when I have available, I think it's going to and then commit to what they're going to do to get to those goals and figure out what sacrifices they're willing to make to get to those goals.  07:33 - Danielle (Guest) That's kind of the part of building and growing your business and scaling the business is that you're probably going to be making a lot of turns along the way, and are you okay with that and are you okay with the sacrifices that you're going to need to make in order to achieve those goals? So for you last week it was a sacrifice of time, but that time sacrifice is going to reap huge dividends later on when you know how to use that software. So really was the time sacrifice like that much of a sacrifice for you, or?  08:02 - Anne (Host) Is it something that was?  08:02 - Danielle (Guest) Really just an investment into your future.  08:05 - Anne (Host) And, interestingly enough, it was an investment into software, which I don't anticipate doing myself. I was looking into a new video editing software so I can create more content to get out right, so that I can again, like, get my brand out there. And so will I ultimately be spending all my time creating or editing videos? No, ultimately I'm going to be hiring somebody to direct them, but I want to know enough about this software to be able to intelligently direct them. And I think also, it's something to mention that, like you spoke about in the very beginning, we have to take sacrifices and maybe not get everything that we want immediately. Like our ultimate goal, I think, in voiceover is let's do something that brings us joy and let's make money at that. And ultimately, I think, along the way of achieving that goal, you might have to do things that may not bring you joy but will bring you income while you are trying to achieve that growth.  08:59 So I know for a fact when I was getting into voiceover and I went full time and I think I think I really speak to the people who are like they're part-time, maybe considering full-time, or they're part-time, considering dedicating more time to it that maybe they don't have and they've got a full-time job and they really hate their full-time job and they don't ever want to do anything like it again.  09:19 Well, I'll tell you what those skills are, what you have in order to ultimately, right, possibly, bring income in on a steady basis. So there might be an interim time where you might have to do consulting in something that you're really good at right. That can maybe help people so that you can bring in enough money to continually like reinvest that money into the growth of your career. And so I wanted to just say it may not be immediate gratification, like the society I think is these days, like I know myself, like I want it right away. I'm impatient, but I do believe that those steps to success and financially and when we talk financially we talk investing your money, having the money to invest as well as your time, which ends up turning into being money for you- oh, for sure, I always think that you need to follow the dollars and do whatever you can to get to your next dollar in business.  10:14 - Danielle (Guest) And if that is education, then follow that. If that is consulting, so that you can have additional money coming in, so that you can use that to channel into your business, then do it. Figure out how you can bring in resources and revenue so that you can use that to then grow your business. And I've said it before, I'll say it again it is totally okay to have your side hustle be what can fund your main hustle until it's time Like that's totally, totally fine, because there's no glory in being a starving artist.  10:52 I really don't think that that's the way that is going to be a long-term measurement of success for you to sort of take away from your current in the hopes of a possibility of a future when you could be doing things along the way to help like infuse capital into your life and your business to help keep you going for longer.  11:12 - Anne (Host) Absolutely. I mean, when you've got a family that might depend on that income, right, so it becomes more than just I mean really depends on where you're at in your life and who's depending on income coming in to pay a mortgage or to support a family. And so in reality, I'm always when my students are asking me should I go full-time into voiceover and they have a family and children, I'm like, well, you've got to really think about this because you need to be able to secure steady income coming in to be able to support, and it's wonderful and I get it. I mean, I think we all get to this point, or a lot of us get to this point, when we've been in a corporate job for a long time and we just it becomes toxic, we hate it and we're like we just want to do what we love full time.  11:55 Well, that may not be achievable within a day, obviously, or even a week, or even a year, because, as I mentioned before, it took me a good oh, I'm going to say maybe eight years before I really got a return on my investment when I went full-time. And so make sure you have that financial cushion to be able to support whatever it is that you need to support yourself, other family members, and it doesn't matter if you're an Uber driver or maybe you're taking the skills that you have during your day job and creating a side hustle business out of that in order to make the extra income. And I always try to say, well, let's make my side hustle. Something I love to do Doesn't necessarily have to be voiceover, and so I love podcasting, so I'm looking to expand my podcasting, consulting that kind of a thing. So how can I do that effectively? Right, how can I get the message out? And, gosh Danielle, after I figure out, like, how I want to grow, guess what comes next? I've got to market myself.  12:53 - Danielle (Guest) Yeah, and there's probably going to be more sacrifice in order to get to where you're going and also the sacrifice is looking at what is and figuring out what is or isn't working. So you're looking at your business, the landscape of your business now, and voiceover is working. The other things that you're doing are working, the podcasting is working, and so you're thinking, all right, well, all of these things are working, what else can I do and how else can I build it? And that's great. But also, if something's not working, then you really should look at that and say, all right, well, do I need to keep going down this path? That isn't working.  13:30 Maybe it is keeping a day job that you don't love and don't feel fulfilled with, but maybe you still need to be bringing in an income because you've got people to support and yourself to support.  13:40 Maybe it's just finding a different job that can help bring in income while you're working toward growing your voiceover business. Maybe there are certain genres that you really like, but you're not making a lot of money in and so maybe it's looking at all right, I do enjoy this particular genre, but I'm making a ton more money in a different genre. Let me keep cultivating that, but have the passion working in this genre that I love. That maybe isn't paying as much. Those kinds of hard questions are really the sacrifices I think that we're talking about here, not necessarily just financial, but understanding that to get to the level of success that you're wanting to get, whatever your measure of success is looking at the decisions that need to be made and making the hard choices and making those sacrifices, be it financial or otherwise, to then get you to where you're trying to go in your version of success.  14:35 - Anne (Host) I love how you brought up the different genres too, because it's something else to look at. When you're doing a genre, there's so many people that want to do, let's say, character voices or animation or promo, and it's something to be said that, while you're working toward that goal right, you can also financially invest yourself and your time into other genres that can be bringing you money in. While that happens and of course, that happens to be one of my specialties happens to be the corporate market, and I'm always trying to explain to people that it may not be the most glamorous and it may not be the one that brings you the most joy. However, when you talk about market share, you've literally got so many opportunities for corporate narration compared to maybe, let's say, animation, because there's only so many animated shows out there. However, I upped my number, I've now researched and my number is now 33.2 million registered companies.  15:28 It used to be 30.4. Now it's 33.2 million companies that are registered with the SBA in the United States, and so that's just a lot of opportunities, a lot of potential opportunities, because you've got those companies that probably have a website and they probably have a YouTube channel and they need a voice at one point or another to be able to talk about those products and services.  15:48 - Danielle (Guest) Yeah, that's a really great point, because there's part of this industry that can be purely just economics. It can just purely be about what pays the bills. And then there's other parts of it as actors, but figuring out what it is that you can do that pays the bills and also fills your soul. And it may not be the same thing, but how can you put your time and your energy and your efforts into creating as much money and fulfillment as possible in your day, in your life, in your business?  16:31 - Anne (Host) Yeah, absolutely. And it's so funny because I'm always like with corporate narration, people just think it's so boring and a lot of people just think it's so boring and I'm like, wow, I completely don't think that, because to me it's just challenging. It's challenging to be able to find the story in some of the corporate copy. It's not that it's necessarily to me boring, but I love the challenge. As an artist, I love the challenge of where is the story here and how can I tell it in the most interesting way. And also, just again, looking at the absolute size of the market that is out there and also understanding and keeping my eye on all sorts of other things happening in the industry. And so, while I have my eye on that, making sure that if I love being an entrepreneur and I love being a boss, how am I going to continue to bring in money when, let's say, maybe times are slow in the industry, Like there are also slow points in the marketplace Right now? Certain genres I think are busier than ever, like political.  17:33 And of course anybody that's doing commercials for the holidays, right? I mean, they've been busy. But maybe during the holidays there are certain other genres that aren't as busy, right? Maybe corporate narration isn't quite as busy, maybe e-learning is not quite as busy during that time. But understanding the fluctuations in the market and when those happen, for you I have the genre I always want to do character work, and so I'm continually working towards that. But to supplement my financial income, I'm going to do some corporate or I'm going to do some e-learning, or I'm going to do some telephony, whatever that is. And then understanding where the fluctuations are in the marketplace, and so if there is just no work coming in, then invest your time in figuring out how you're going to grow that business. And again, which translates to your time is money.  18:18 - Danielle (Guest) Yeah, and that is the measure of entrepreneurship, that is the measure of being the VO boss. That's what it means to look at. Okay, what's going on in the industry, what's going on with the things that I do well or genres that I would like to do well in, and how can I maneuver myself to be able to take advantage of all of it? Maybe not at the same time, but be able to move laterally into and out of genres when they're at their high points, or maybe moving out of something if there's a strike, for example. You know that's happening right now. Or figuring out, like, what's going on in the market and how you can maneuver your business to be the best positioned that it possibly can be. Like that's the name of the game. It's not just about what you do and how you show up in front of your mic. It's really about figuring out how you can position your business to win, no matter what the circumstances are as much as they say.  19:17 - Anne (Host) This is not a competitive industry, because every voice is unique. In reality, I'm competing against myself so that I can continually progress forward and win. I love it that you said win, because, danielle, I'm not competitive at all, right Me either.  19:32 - Danielle (Guest) I'm not competitive at all.  19:34 - Anne (Host) Not at all, but yeah, but really yeah, how can you win? How can you win? And, like you were mentioning earlier, what is your definition of success? Because there are some people that financial is not necessarily the definition of success and I know that we're going to actually have an episode coming up on like determining what is your hourly rate, like what is your hourly worth? Right In trying to determine what's working and what's not. How are you determining? Okay, I'm spending an hour learning this and what is that time worth? Versus if I get a commercial, I can make this amount of money. How does that translate into my hourly rate? If I do a corporate narration and I get paid once, how does that translate into my hourly rate? If I do a corporate narration and I get paid once, how does that translate? So you can kind of decide how you can move forward in your business and what you should work on, maybe what you should focus on or what goals you can set for the next level.  20:24 - Danielle (Guest) For sure I love that.  20:25 I think, then, that also brings a lot of ability to the individual voice actor to be the person who is choosing what winning and success looks like, and it's got nothing to do with what you're seeing in these Facebook groups or how other people are running their business.  20:40 It's got everything to do with what you have chosen, what you've decided, and it gives you something to do. I feel like sometimes it feels like so many things are out of your control. When it comes to running a business, when it comes to being a VO boss, it really is like, okay, well, I did this audition, did someone choose it or not? Have I been chosen? Are all these people, these gatekeepers out there? Is it working in my favor or not? But when you have something that you personally can do and you can take ownership of how you are running your business, it's empowering and really what you were just talking about is the individual business owner and entrepreneur and VO boss being able to empower themselves and choose what is your definition of success and what can you do to make sure that you get there. And then it's got nothing to do with anyone else choosing you or not choosing you. It's got everything to do with what you've done to make yourself the most successful that you can possibly be.  21:38 - Anne (Host) I love that. I feel like that could be a completely separate episode too, talking about what is it that you own, right? What is it that you own? There are things that we don't control, like do we get picked, do I get feedback? And that's the stuff I think a lot of voice actors get preoccupied with, like oh okay, so why am I not getting picked? Or I audition, but I never hear back, and so they spend all their time worrying about that.  22:02 But I think what you said is just absolutely on point, like what is it that you can do to control right? That you take control of what it is that you can control and that's going to be what moves you forward and that's what's going to keep you, I'm going to say, out of the mindset of self-sabotage or imposter syndrome. And so I can't control whether somebody picks me or not necessarily for my audition, because there are so many elements that aren't in my control. But I can control my performance. I can control how good I am right. I can control my performance. I can control how good I am right. I can control getting coaching if I need more. I can control marketing in my business, right. I can control researching what's happening and what trends are happening now. So those are things I can do.  22:44 - Danielle (Guest) You can control your audio quality. You can control how much money you're saving and reinvesting in your business. You can control who you work with. You can say no to working with certain clients and certain jobs if it doesn't serve you or the rate doesn't serve you or the subject matter does not serve you. There are so many things that are in your control that owning that and really living in the peace of the ownership of that really can be what helps you feel like you're actually doing a little bit more every single day to be the VO boss that you ultimately want to be.  23:20 - Anne (Host) Yeah, and your mention of how empowering that is, I mean that is so empowering. I mean I know that, me the control freak. Maybe that's why I'm a serial entrepreneur, I have no idea because I can control that, I can control the education, I can control the direction that I'm moving and if it's not necessarily moving the way I want it to or expect it to, I can move it again and I can change it again. And so that keeps me the control freak, which it can be a good thing, it can also be a bad thing, but I think for me, I utilize that personality trait that I have of always wanting to have control in a positive way to help me grow and then still understanding that I have these things under my control and then understanding, almost more importantly, what it is that is not under my control and not allowing that to affect me in any way in terms of my mental state.  24:06 - Danielle (Guest) Yeah, yeah, yeah, for sure.  24:09 - Anne (Host) Wow, what a great conversation. So yeah guys, no sacrifice, no success. I am a big believer in really taking the ownership, making the sacrifices that you need, and that sacrifice doesn't necessarily need to be money. It could be your time, your dedication, your effort, your spirit, right, all of that. Whatever, it takes that kind of go-get-em sort of boss attitude that just goes for it and just tries things. If it doesn't work, try it another way, right, and really tries not to allow any of that to get in the way, or even yourself to get in the way.  24:45 - Danielle (Guest) Yeah, I love it.  24:45 - Anne (Host) Danielle, I love it. Great, great conversation. I'm going to give a great big shout out to our sponsor, ipdtl. You too can connect and network like bosses. Find out more at IPDTL.com and, guys, you have an amazing week. Go out there and make those sacrifices, because we know you guys are going to be great successes. So have a good one, guys, and we'll see you next week. See you later, bye.  25:13 - Speaker 3 (Announcement) Join us next week for another edition of VO Boss with your host, Anne Ganguzza, and take your business to the next level. Sign up for our mailing list at vobosscom and receive exclusive content, industry revolutionizing tips and strategies and new ways to rock your business like a boss. Redistribution with permission. Coast-to-coast connectivity via IPDTL.   

Acquisitions Anonymous
Fire Suppression Business in NYC – Is It Worth the $1M Price Tag?

Acquisitions Anonymous

Play Episode Listen Later May 13, 2025 30:19


The hosts dig into a fire suppression business for sale in New York, debating whether it's a hidden gem or a risky bet.Business Listing – https://us.businessesforsale.com/us/nyc-fire-suppression-and-consulting-business-in-new-york.aspxSponsored by Acquisition Lab and Connor Gross' Franchise Workshops

Acquisitions Anonymous
They Want $3.75M for This Pool Club? Analyzing a 56x Earnings Deal

Acquisitions Anonymous

Play Episode Listen Later May 9, 2025 27:44


A pool club priced at 56x earnings? The team breaks down one of the strangest listings they've ever seen—and tries to make sense of it.Business Listing – https://murphybusiness.com/business-brokerage/detail/21225/popular-swim-club-for-sale/

Acquisitions Anonymous
They Want $3.75M for This Pool Club? Analyzing a 56x Earnings Deal

Acquisitions Anonymous

Play Episode Listen Later May 9, 2025 27:44


A pool club priced at 56x earnings? The team breaks down one of the strangest listings they've ever seen—and tries to make sense of it.Business Listing – https://murphybusiness.com/business-brokerage/detail/21225/popular-swim-club-for-sale/

My Journey FM
HTJ Small Business Administration

My Journey FM

Play Episode Listen Later May 8, 2025 9:03


Guest: Administrator Jim Spencer Topic: Role of SBA and support of small businesses

The Franchise Leaders Forum Podcast
Navigating the SBA Franchise Directory Changes with FRANdata's Edith Wiseman

The Franchise Leaders Forum Podcast

Play Episode Listen Later May 7, 2025 49:25


Are you confused about the difference between the SBA franchise directory and the franchise registry and what recent changes mean for your brand's growth and funding? We are diving deep into urgent changes in franchise funding, specifically around the SBA Franchise Directory, a topic you can't afford to overlook.We are joined by Edith Wiseman, President of FRANdata. Edith is breaking down everything from what FRANdata actually does, think deep dives into franchisors and franchisees, and how this information is used by lenders, suppliers, and franchisors.And most importantly, Edith is sharing the critical difference between the Franchise Registry and the SBA Franchise Directory. If you've ever mixed these two up this episode will bring you clarity. And we are digging into why the SBA disappeared and why it's back with a June 1, 2025 deadline.Edith Wiseman is the President of FRANdata, a leading franchise market research and advisory firm. With over 24 years in the industry, she transforms complex data into strategies that drive franchise growth and innovation. A trusted advisor to franchisors, lenders, and Fortune 500 companies, one franchisor said, “We couldn't have grown to 1,000 stores and beyond without her and her team.”Recognized by Entrepreneur and 1851 as a top woman in franchising, Edith has held key leadership roles within the International Franchise Association, including Board of Directors, Executive Committee, and Chair of the Supplier Forum. She continues to support industry advancement through initiatives focused on emerging brands and equitable growth, including the Ascension Initiative and the IFA Education Foundation.So, if you are confused by the upcoming SBA Franchise Directory changes and what you need to know then this episode is for you!ResourcesFranchise Directory - https://www.sba.gov/document/support-sba-franchise-directoryFranchise Registry - https://www.franchiseregistry.com/Current SBA SOP - https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programsBlog updates with summary of SOP changes - https://frandata.com/blog/Connect with EdithEmail - franchiseregistry@FranData.comLinkedIn - https://www.linkedin.com/in/edith-wiseman-281b6b/Call FRANdata - 800-485-9570Website - https://frandata.com/Episode Highlights:Understanding FRANdataDistinguishing the Franchise Registry and SBA Franchise DirectorySBA franchise directory changesEligibility and certification process for SBA Franchise DirectoryGuidance for existing and emerging franchisors and the SBA DirectoryKey recent SBA and lending changesConnect with Tracy Personal LinkedIn: https://www.linkedin.com/in/tracy-panase/ JBF LinkedIn - https://www.linkedin.com/company/jbfsale JBF Franchise System - https://jbfsalefranchise.com/ Email: podcast@jbfsale.com Connect with Shannon Personal LinkedIn - https://www.linkedin.com/in/shannonwilburn/ JBF LinkedIn - https://www.linkedin.com/company/jbfsale

Gain Traction
From One Shop to a Regional Auto Empire With Brian Bates of EAS Tire & Auto

Gain Traction

Play Episode Listen Later May 7, 2025 37:55


Brian Bates is the President and Founder of EAS Tire & Auto, a growing chain of auto repair shops with 21 locations in the Denver metro area. After serving in the military, Brian entered the automotive industry, eventually opening his first shop in 2004. His company has expanded rapidly through strategic acquisitions and a partnership with Straightaway, a group that empowers shop owners to scale while retaining operational control. With a passion for people development and leadership, Brian is focused on building a company culture rooted in growth, excellence, and support. In this episode… The auto repair industry is undergoing rapid consolidation, leaving many independent shop owners wondering how to grow or exit successfully. As lending tightens and operational demands rise, new partnership models offer a path forward for owners who aren't ready to walk away. How can independent shop owners grow strategically while protecting their financial futures? According to Brian Bates of EAS Tire & Auto, the key lies in building partnerships that provide resources without stripping autonomy. Through his collaboration with Straightaway, Brian has scaled his operations significantly while maintaining influence over day-to-day decisions. This hybrid approach allows owners to retain equity, reduce risk, and gain access to shared expertise and better buying power. On this episode of Gain Traction, Mike Edge welcomes Brian for a conversation about military discipline, business growth, partnering with Straightaway, and the art of betting on yourself. Brian shares how his team evaluates acquisitions, why leadership development matters, and how he uses subtle cues such as paint quality to decide which cars are worth working on. Here's a glimpse of what you'll learn:  [01:37] Brian Bates' military background and how it set the foundation for his career [05:46] Transitioning from the military to auto repair and dealership work [07:50] Growing from one shop to 21 stores in under 20 years [08:13] How Straightaway helps shop owners stay active in their businesses [13:09] Why strength in numbers matters in the tire and auto repair industry [16:45] Options for shop owners to take chips off the table without fully exiting [24:17] Brian's favorite hobbies and lifestyle in Colorado [34:00] Using paint quality as a success indicator for filtering out unprofitable repairs Resources mentioned in this episode: Brian Bates on LinkedIn EAS Tire & Auto Straightaway Tire & Auto Mike Edge on LinkedIn Tread Partners Quotable Moments:  “Success is never owned, it's rented — and the rent is due daily.” “The best tenant I ever had was me — I always paid the rent and fixed things on time.” “Straightaway isn't about pushing owners out — it's about giving them more support to grow.” “Sometimes you win and sometimes you learn, but both are part of the fun.” “The bus really has an unlimited amount of seats, especially if I do my job right.” Action Steps:  Explore partnership models: Shop owners should investigate opportunities that allow for shared growth and retained control. Reevaluate your lending strategy: Understand your borrowing limits with banks and SBA and consider private capital alternatives. Create a system to identify unprofitable work: Use simple heuristics such as paint quality and vehicle condition to avoid jobs that drain resources. Develop internal leadership pipelines: Invest in training and growth opportunities for younger team members to future-proof your business. Bet on yourself: When making big decisions, trust your instincts and experience to drive your next phase of growth. Sponsor for this episode... This episode is brought to you by Tread Partners.  At Tread Partners, we provide digital marketing for multi-location tire dealers and auto repair shops.  By using our strategy, branding, and marketing services, we help shops sell more tires and put more cars in bays. We've helped companies like Action Gator Tire, Colony Tire and Service, and Ulmer's Auto Care Center bring extreme growth in paid leads, ROI, and searches.  So, what are you waiting for? Visit www.treadpartners.com or email info@treadpartners.com to learn more.

The Innovation Economy
#45: Bringing your "A" game to an event with Tiffany Hamilton, Victor Wear

The Innovation Economy

Play Episode Listen Later May 6, 2025 26:30


It takes a lot of public/private partnerships to bring economic stability and growth to a community. Arlington strives to share these partnerships with small businesses that may not otherwise get access to big opportunities. For the second year, Arlington's BizLaunch team is working with Hyatt Crystal City on a Minority Vendor Showcase that takes a partnership to a new level. I'm Susan Soroko, Director of Creative Economy at Arlington Economic Development in Arlington, Virginia. The role of Economic Development is to retain and attract businesses where workers can live and thrive in a great community even when the work world is changing. We support (small) business through programs like BizLaunch and value the importance of placemaking and a sector devoted to creative economy and the arts. Today we're going to talk about a special partnership with Hyatt Crystal City and what it's like to bring your A game to an event.   To help me discuss this, I'd like to welcome Tiffany Hamilton, Co- Founder of Victor Wear. Did you know 85% of people with autism are unemployed or underemployed? People like our Co-Founder, Isaiah—a straight-A student, video game developer, swimmer, and competitive bowler—face challenges in the job market, despite their many abilities. That's why we launched Victor Wear, an award-winning activewear brand dedicated to inspiring resilience and empowering and employing the autism community. We aim to have our company primarily run by neurodivergent individuals to create jobs while changing the disability narrative and creating a more inclusive world. At the Hyatt Regency Crystal City, our commitment to the community, connection, and care is at the heart of everything we do. We strive to create meaningful opportunities and foster an environment where all individuals feel valued and supported. Building strong relationships and opening doors for our diverse neighbors is our passion, especially within our National Landing community. That is the spark and core to the Minority Vendor Showcase that we aim to host each year. Resources Victor Wear: https://victorwear.com/ Arlington Economic Development BizLaunch Division: https://www.arlingtoneconomicdevelopment.com/Small-Business General information about the Small Business Administration (SBA): https://www.sba.gov/ SBA resources locally: https://www.sba.gov/local-assistance SCORE Counseling and other resources: https://www.arlingtoneconomicdevelopment.com/Small-Business/Small-Business-Programs/One-on-One-Counseling Small Business Saturday, November 30, 2024 The Innovation Economy Website: https://www.innovationeconomy.show Sign up for The Agile Brand newsletter here: https://agilebrandguide.com/ Get the latest news and updates on LinkedIn here: https://www.linkedin.com/showcase/innovationeconomy/ Listen to our other podcast, The Agile Brand with Greg Kihlström: https://www.theagilebrand.show The Innovation Economy podcast is brought to you by Arlington Economic Development: https://www.arlingtoneconomicdevelopment.com The Innovation Economy is produced by Missing Link—a Latina-owned strategy-driven, creatively fueled production co-op. From ideation to creation, they craft human connections through intelligent, engaging and informative content. https://www.missinglink.company

Acquisitions Anonymous
Franchise Med Spa Investment Breakdown (2025)

Acquisitions Anonymous

Play Episode Listen Later May 6, 2025 23:26


This Med Spa in San Antonio Looks Great—But One Location Might Be Holding It Back...Business Listing - https://www.bizbuysell.com/business-opportunity/leading-multi-site-med-spa-franchise-with-high-margins/2345553/Huge thanks to Connor Groce for bringing this deal to the pod!  Always great having you on, and this one was a masterclass. For more information or to connect with Connor head to connorgroce.com.

The Action Academy | Millionaire Mentorship for Your Life & Business
How To Buy A $2.1M Small Business While Working A Full Time Job (Took 221 Cold Calls)

The Action Academy | Millionaire Mentorship for Your Life & Business

Play Episode Listen Later May 5, 2025 51:36


Connect with Drew:IG: @drewdoescashflowIG: @summitcollectivellcWant To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses?

Acquiring Minds
Turning a $250k Investment into $7m+

Acquiring Minds

Play Episode Listen Later May 5, 2025 87:01


Register for the webinar:Deal Structuring Under the New SBA Rules - Thu May 8 - https://bit.ly/4m7VH47Marvin Karlow & his partner bought a powder-coating business with $500k in equity. 8 years later, they sold it for $21m.Topics in Marvin's interview:Going from corporate to blue collar businessBuying a business with his best friendPicking a lane and staying in itBiggest customer slashing prices right after transitionPutting personal money into the businessLosing a major customerThe customer that turned it all aroundBuying 2 turnaroundsMerging and exiting the businessesTax savings through QSBSReferences and how to contact Marvin:LinkedInmarvin.karlow@raincatcher.comRaincatcherSteve MarianiDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital AdvisoryGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Scales N Tales
Episode 185 Swimbaits All Day

Scales N Tales

Play Episode Listen Later May 5, 2025 89:48


The man behind Swimbaits All Day (SBA), Seb, joins me for an episode to talk about his introduction to swimbaits and, of course, the story behind starting his clothing company. Sebastian explains the hardships of launching the brand and what it's been like to grow from zero followers to where they are now. He made a few bait sacrifices to kick-start the company's funding, and I think the return he's seen is obviously worth it. By the time you're listening to this, SBA will have officially been around for a year and will have just held their 1-year anniversary meetup at the Tackle Shack.Sebs social's:IG: swim_baits_alldaySite:https://swimbaitsallday.myshopify.com—Show Sponsor Links—Lake Baccarac Lodge - Don't miss your shot at the bass of a lifetime! Book your trip now at www.lakebaccaraclodge.com or call 8063168382 today!

Syndication Made Easy with Vinney (Smile) Chopra
The Vinney and Beau Show | Recession-Proof Your Life with Smart Business Moves

Syndication Made Easy with Vinney (Smile) Chopra

Play Episode Listen Later May 2, 2025 22:25 Transcription Available


In this episode of The Vinney and Beau Show, hosts Vinney Chopra and Beau Eckstein serve up a powerful discussion on why 2025 is the year to bet on yourself. As market unrest and inflation create widespread uncertainty, the franchise world is thriving—and they reveal exactly why. With years of real estate and business-building under their belts, Vinney and Beau show you how to stack income streams and build a life of freedom, one smart decision at a time.   Here's what you'll learn in this insightful episode:

On The Homefront with Jeff Dudan
6 Smart Ways to Fund Your Franchise (And What Most People Miss) | Franchise Fridays With Jeff Dudan

On The Homefront with Jeff Dudan

Play Episode Listen Later May 2, 2025 8:40


Smart Ways to Fund Your Franchise (And What Most People Miss) Most people think franchising is too expensive—until they learn how the smartest owners fund their businesses. In this Franchise Fridays episode, Jeff Dudan breaks down 6 proven ways to finance your franchise—including strategies you've likely never considered. Whether you're working with savings, exploring SBA loans, or curious about using your 401(k) without penalties, this is the playbook you didn't know you needed. ✅ You'll learn: The pros and cons of paying cash How HELOCs and SBA loans really work A creative strategy called ROBS that lets you use retirement funds And why choosing the wrong funding method could crush your business before it opens

The Art of SBA Lending
The Model Has Changed: Rethinking SBA Operations ft. Mike Breckheimer, Brian Carlson & Chris Kwiatkowski | Ep. 178

The Art of SBA Lending

Play Episode Listen Later May 1, 2025 50:00


This week on The Art of SBA Lending, we're confronting the hard truth: the traditional SBA lending model no longer works. Rising overhead, margin compression, and tighter audits have flipped the economics, and now, shops across the country are closing or scrambling to restructure. So what's the new model? And how do you scale without losing control? Ray Drew is joined by three SBA leaders navigating this shift in real time. Mike Breckheimer, Brian Carlson, and Chris Kwiatkowski are coming together to unpack the numbers, the pitfalls, and the path forward.

The Liquid Lunch Project
How This CPA Turned Storage Sheds Into Tax-Free Wealth

The Liquid Lunch Project

Play Episode Listen Later Apr 30, 2025 42:28


What if your biggest tax burden could be flipped into your greatest asset? In this episode, Matt and Luigi sit down with Sean Graham, a CPA turned real estate entrepreneur who's turning self-storage and depreciation into a business superpower. Sean walks us through his journey from cubicle life to building a real estate empire…one shed at a time…and breaks down how cost segregation isn't just tax strategy; it's tax sorcery. You'll learn how he used FHA and SBA loans to scale his real estate portfolio, why self-storage remains hot (even when interest rates don't), and how small business owners can leverage tax tools most people have never even heard of. Episode Highlights: Why FHA loans are a perfect starter hack for young investors How Sean scaled from duplexes to commercial storage units using SBA loans What cost segregation actually is—and why it matters to small business owners Three ways to legally offset active income using real estate depreciation The "lazy 1031 exchange" explained How to avoid paying depreciation recapture When it makes sense to DIY cost seg (spoiler: it doesn't) The wildest short-term rental project Sean ever worked on Sean's tips for building scalable, remote-first real estate operations Favorite Quote: "The easiest entrance into entrepreneurship is through real estate. You don't have to recreate the wheel." Who is Sean? Sean Graham is a licensed CPA, entrepreneur, and the founder of Maven Cost Seg, where he helps real estate investors legally reduce their tax liabilities through cost segregation studies. With a background in accounting and a passion for real estate, Sean has carved out a niche in self-storage and teaches others how to build wealth without begging Uncle Sam to take less. Take Action: Think you're paying too much in taxes? You probably are. Hit play and find out how Sean's strategies could save you five to six figures this year alone. Then head to mavencostseg.com/liquid for a free estimate and an exclusive discount for our listeners.   Connect with Sean: Facebook LinkedIn Website  Like what you heard? Don't forget to subscribe, rate, and review!  

Acquisitions Anonymous
Glass, Cash, and Real Estate: A Dream Deal?

Acquisitions Anonymous

Play Episode Listen Later Apr 29, 2025 31:11


In this episode, the hosts dig into a glass business in coastal South Carolina that's stable, cash-flowing, and comes with real estate—perfect for a buy-and-hold acquisition.Business Listing - https://www.loopnet.com/biz/business-opportunity/established-glass-business-in-growing-blufton-sc/2345451/

Behind The Mission
BTM216 – Mike Hudson – Suicide Risk Identification with Clearforce

Behind The Mission

Play Episode Listen Later Apr 29, 2025 33:17


Show SummaryOn today's episode, we're featuring a conversation with Marine Corps Veteran, Michael Hudson, Vice President for Insider Risk and Suicide Prevention for Clearforce, a risk analytics company that has developed the Resolve platform that is designed to address challenges associated with personal risk, including increased risk for suicide in the service member and veteran population. Provide FeedbackAs a dedicated member of the audience, we would like to hear from you about the show. Please take a few minutes to share your thoughts about the show in this short feedback survey. By doing so, you will be entered to receive a signed copy of one of our host's three books on military and veteran mental health. About Today's GuestColonel Michael Hudson, United States Marine Corps (Ret.), served 30 years as an Aviator, Commanded a Helicopter Squadron and a Marine Expeditionary Unit in support of combat and contingency operation in Africa, Central and Pacific Commands. Has intelligence and operational background, lead joint operational centers, safety, and risk professional designation. Restructured and lead USMC Sexual Assault Prevention Response program, working closely with behavioral health and suicide prevention to take USMC from worst to best program in DoD.  Retiring in 2014, he joined ClearForce as they formed.  Hudson holds a bachelor's Degree from San Jose State University in Aeronautics, Master's Degree from the Naval War College in National Security and Strategic Studies, Master's Degree from Troy State University in Management and is Global Counter Insider Threat Program (GCITP) credentialed.Links Mentioned in this Episode Clearforce Web siteRESOLVE Platform Web sitePsychArmor Resource of the WeekThis week's resource of the week is the PsychArmor course, Helping Others Hold On. Compared to the civilian population, suicide rates among the military and Veterans is very high. This series of lessons help to give tools and tips to recognize, understand, and combat suicidal feelings in Veterans. You can find the resource here:  https://learn.psycharmor.org/courses/helping-others-hold-on Episode Partner: This week's episode is brought to you by Humana, a leading health and well-being company that has joined forces with PsychArmor to develop campaigns and courses that support veterans and their families in achieving their best health. To learn more about how Humana honors and serves veterans visit healthequity.humana.com/veterans” Contact Us and Join Us on Social Media Email PsychArmorPsychArmor on TwitterPsychArmor on FacebookPsychArmor on YouTubePsychArmor on LinkedInPsychArmor on InstagramTheme MusicOur theme music Don't Kill the Messenger was written and performed by Navy Veteran Jerry Maniscalco, in cooperation with Operation Encore, a non profit committed to supporting singer/songwriter and musicians across the military and Veteran communities.Producer and Host Duane France is a retired Army Noncommissioned Officer, combat veteran, and clinical mental health counselor for service members, veterans, and their families.  You can find more about the work that he is doing at www.veteranmentalhealth.com  

united states america american community health culture father art business master social education mother leadership dogs growth voice service online change news child speaking care doctors career goals war tech africa story brothers writing mental government management innovation global system vice president leader psychology market development mind wellness creative ideas army hero therapy national events self care emotional healthcare plan impact storytelling meaning startups transition veterans afghanistan jobs connecting ptsd gender heroes iran sacrifice female vietnam responsibility employees families thrive military mentor voices policy sustainability equity navy hiring iraq sister communities caring soldiers agency degree marine air force concept combat remote emotion inspire memorial nonprofits mentors employers counselors messenger resource evolve navy seals gov evaluation graduate doctorate wounds spreading courses ngo marine corps resolve caregivers evaluate retiring fulfilling certificates suicide prevention ranger sailors scholar minority humana national security thought leaders psych vet systemic uniform identification dod coast guard elearning sba efficacy civilian usmc san jose state university social enterprise lingo equine commanded healthcare providers aviator military families strategic studies service members strategic thinking band of brothers airman airmen aeronautics marine corps veteran naval war college equine therapy service animals suicide risk michael hudson restructured veteran voices marine expeditionary unit online instruction weekthis troy state university mike hudson coast guardsman insider risk coast guardsmen psycharmor operation encore army noncommissioned officer
Acquiring Minds
21 Months to Stability Buying a $1.2m SDE Business

Acquiring Minds

Play Episode Listen Later Apr 28, 2025 84:29


Register for the webinar: Anatomy of a Franchise Holdco - Thu May 1 - https://bit.ly/4k8HKBdJan Roll bought a $6m residential contractor, a harrowing experience he calls one giant ambiguous ball of figure-it-out.Topics in Jan's interview:Contracting means learning 25-30 tradesMargin of safety in a residential construction businessValue of paying vendors immediatelyEngendering trust in a low-trust industryRevenues dropping 25% in first year of ownershipUsing ROBS to buy the businessPitfalls in contractor licensingThe harm in not having an employee agreement with a business partnerHow to diligence a business partner (or can you?)How SEO & digital marketing supercharged leadsReferences and how to contact Jan:LinkedInVictoria RenovationsGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherDownload the New CEO's Guide to Human Resources from Aspen HR:From this page or contact mark@aspenhr.comWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital AdvisoryConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Syndication Made Easy with Vinney (Smile) Chopra
Apartment Syndication Made Easy [SHORTS] | Cleaning Franchise: Your Remote Business Opportunity

Syndication Made Easy with Vinney (Smile) Chopra

Play Episode Listen Later Apr 26, 2025 4:34 Transcription Available


Bernie and Sid
NYPD Chief of Department John Chell, Deputy Mayor Kaz Daughtry & SBA President Vincent Vallelong | 04-25-25

Bernie and Sid

Play Episode Listen Later Apr 25, 2025 20:29


NYPD Chief of Department John Chell, Deputy Mayor Kaz Daughtry and President of the SBA Vincent Vallelong all join Sid in-studio together to present Sid with an honorary NYPD Sergeant's badge to thank him for his role in the SBA's contract negotiations with the city. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bernie and Sid
Sergeant Rosenberg | 04-25-25

Bernie and Sid

Play Episode Listen Later Apr 25, 2025 144:13


On this Friday edition of Sid & Friends in the Morning, Sid welcomes Chief of Department John Chell, Deputy Mayor Kaz Daughtry and President of the SBA Vincent Vallelong all in-studio together so they could present Sid with an honorary NYPD Sergeant's badge to thank him for his role in the SBA's contract negotiations with the city. In other news of the day, disgraced former Congressman George Santos speaks out before his sentencing today, Yale University is the latest Ivy League campus to turn into an anti-Semitic cesspool, the left is still losing their minds over President Trump flirting with a third term in office, the United States and Iran are set to resume nuclear talks this weekend in Oman, and the New York Football Giants make waves with their first round selections in last night's opening of the 2025 NFL Draft. Joe Tacopina, John Chell, Kaz Daughtry, Vincent Vallelong, K.T. McFarland, Curtis Sliwa, Alan Dershowitz and Cory Zelnik join Sid on this Friday installment of Sid & Friends in the Morning. Learn more about your ad choices. Visit megaphone.fm/adchoices

Syndication Made Easy with Vinney (Smile) Chopra
Vinney and Beau Show | Cash Flow Strategies for Chaotic Markets

Syndication Made Easy with Vinney (Smile) Chopra

Play Episode Listen Later Apr 25, 2025 20:57 Transcription Available


In this high-energy episode, hosts Vinney (Smile) Chopra and Beau Eckstein deliver timely insights for investors and entrepreneurs navigating today's unpredictable economy. With a backdrop of recession whispers, rising tariffs, and consumer slowdowns, the duo cuts through the noise to highlight exactly where savvy players are turning for stable, long-term growth. Whether you're a seasoned syndicator or just reevaluating your wealth strategy, this episode is packed with actionable value.   Vinney and Beau dive into the economic chaos with bold clarity, offering real-world updates and recession-proof opportunities:

The Veteran (Semi) Professional
SBA Loans and Why Banks Like Working with Veterans with Lisa Forrest from Live Oak Bank

The Veteran (Semi) Professional

Play Episode Listen Later Apr 24, 2025 51:47


Send us a textLisa is one of the few 2x guests on the show.  She is the head of Search Fund lending at Live Oak Bank, one of the top SBA lenders in the country, and a premier expert on loans for buying small businesses.  She also loves to work with veterans and I had her on the show to talk about why.  

Eye On Franchising
From Coffee Shop Dream To Restoration Queen-Hear Nina's Story

Eye On Franchising

Play Episode Listen Later Apr 23, 2025 13:26


Welcome back to Franchise Envy! In this episode, I sit down with powerhouse franchisee Nina Hunter from Sarasota, Florida, who launched Voda Cleaning & Restoration — in the middle of a hurricane. Yep, you read that right.From ditching corporate life and considering a coffee shop to choosing a recession-proof restoration franchise, Nina reveals how she grew fast, secured 3 territories, and set her sights on hitting $3M in 3 years.

JFK The Enduring Secret
Episode 266 Mac Wallace Part 3 The Kinser Murder And Wallace On Trial

JFK The Enduring Secret

Play Episode Listen Later Apr 21, 2025 33:17


We temporarily leave the Billie Sol Estes Mini-Series and pivot now to a Mini-Series on Mac Wallace. Today's episode is the  third in our story about  Wallace as  we cover the  Douglas Kinser murder trial. Wallace was charged and convicted of the murder but received only  a five year sentence which was suspended. In Texas at the time, this was  a crime that for most people, would have put them in the electric chair. Defended by Lyndon Johnson's  own attorney John Cofer and provided bail by two of Johnson's closer associates, the implications are that Johnson was at the very least taking steps to carefully control the trial and its outcome. Many believe that Johnson's objective was to keep his sister Josefa out of the trial and avoid perhaps exposing some of Johnson's corrupt practices. Others were more nefarious in their assessment of Johnson's motives, believing perhaps that Wallace was sent to silence Kinzer after Kinzer attempted to blackmail Johnson through Josefa. All of this possibly coming about, after Josefa said too much to Kinzer  about Johnson's  involvement in the 1948 stolen senate election and perhaps other dealings of Johnson. According to this line of thinking, Kinzer was attempting to strong arm Johnson  and secure an SBA loan to improve the operations of his Pitch and Putt golf course.  You now know most of the scandalous aspects of Estes and how Wallace might have fit in...and it wont be much longer, after the Wallace Mini-Series, that you will hear the story of  Bobby Baker. These men were all members of Johnson's Texas inner circle.  Oh, and there is more on the  Billie Sol Estes affair, so be patient and stay tuned  and you will hear it before we complete the  larger series covering  these four men.  Wallace was indeed a convicted murderer and we take you through the crime in this episode. The murder of Doug Kinser. It will be up to you to determine if this was a crime of passion that did not define who the rather intellectual  Wallace really was, or whether it was symptomatic of his core and the cold blooded killer that Billie Sol Estes made him out to be. All of these  men were quite intertwined around Johnson at the time of the assassination. They  were involved in circumstances that were closing in on Johnson too and that provided him great motive in the killing of the President.  The story is extraordinary.  After hearing of Wallace's possible involvement in multiple murders related to the Estes scandal and possibly even President Kennedy's  murder,  it is time to learn more about just who Mac Wallace really was.  Sit back and enjoy this Mini-Series covering Wallace.Rumors of Johnson's involvement began to swirl almost immediately after the President's assassination and there is a defined school of thought within the JFK assassination research community that staunchly believes in Johnson's involvement. His involvement  in both the assassination and its cover up. Join us in one of the most fascinating story tells of the Kennedy assassination and stick around as we will be returning to the Mexico City series right after we complete this min-series that was spawned by the recent release of the Billy Sol Estes and Cliff Carter tape that the two recorded in 1971. Folks, you just can't write this stuff. Even as early as 1964, rumors and serious concerns over  the lone gunman theory and the evidence that might contravene it,  were becoming a major concern for the government and the commission. Conspiracy theories were contrary to the government's stated narrative from the very beginning. This  real-life story is more fascinating than fiction.  No matter whether you are a serious researcher or a casual student, you will enjoy the fact filled narrative and story as  we relive one of the most shocking moments in Americ

The UpFlip Podcast
183. How to Acquire Profitable Small Businesses With a $0 Down Payment

The UpFlip Podcast

Play Episode Listen Later Apr 21, 2025 30:29


DescriptionBen Kelly thought landing his JP Morgan job would give him everything he wanted—until he realized his six-figure salary came at a cost. 6-day workweeks and a lot of wasted moments with his family. Not wanting to sacrifice more time with his loved ones, Ben began planning his exit. Then, he made a crucial discovery: His wealthiest clients built their fortunes not through corporate jobs, but by acquiring small businesses. This revelation sparked his interest in business acquisition. He decided to purchase a small business and run it as a side hustle. Now, his portfolio is generating more than $70,000 a month in passive income!In this interview, Ben sits down with Ryan Atkinson to talk about his business acquisition strategies, ways to get business loans and secure business funding, risk management and how to structure your business to maximize your free time. Whether you're just starting or scaling your investments, this interview will equip you with the strategies you need to get the life you deserve.Takeaways- Ben Kelly transitioned from a corporate job to entrepreneurship.- He realized the importance of time freedom after witnessing a colleague's experience.- His first acquisition was made while still working full-time.- Partnerships can be a key growth strategy for businesses.- Boring businesses are recession-resistant and have recurring revenue.- Identifying momentum in a business can lead to significant growth.- Cold outreach via email can be an effective way to find acquisition opportunities.- Self-evaluation is crucial before pursuing a business acquisition.- Understanding financing options is essential for potential buyers.- The SBA loan process can take 60 to 90 days to close. The first 90 days after acquisition should focus on learning.- Building rapport with the team is crucial post-acquisition.- Evaluate franchises like independent businesses.- Clean financials are essential for any acquisition.- Consider professional services for high margins.- Acquisitions should not rely solely on the seller's management.- Having a general manager in place reduces risk.- Franchises can offer stability but require careful evaluation.- Networking is key to finding reliable operating partners.- Boring businesses can be lucrative opportunities.Tags: Business Buying, Entrepreneurship, Business Loan, Passive Income, Side Hustle, Business FundingResources:Start Your Business Today: https://links.upflip.com/3Y8L1rD Connect with Ben: https://www.instagram.com/benkellyone/?hl=en

Acquiring Minds
Hiding in Plain Sight on BizBuySell: $800k SDE for 2x

Acquiring Minds

Play Episode Listen Later Apr 21, 2025 98:03


Register for the webinar:Should You Buy a Business? A Live Panel with Lab Members - Wed Apr 23rd - https://bit.ly/3EBvXvNJoe Ziolkowski found the deal of a lifetime — a $10m manufacturing business — by expanding his filters on BizBuySell.Topics in Joe's interview:Investing with a friend in real estateBacking out of a Mr. Rooter dealAcquiring a restoration businessDealing with insurance in restorationMaking a bad operations hireSelling the business at a profit after 6 monthsAcquiring a wood veneer manufacturing companyGetting a great deal on both businessesSeller's daughter staying on as VPWhy it's impossible to start a wood veneer businessReferences and how to contact Joe:LinkedInjoe@woodlandface.comWoodland FaceWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital AdvisoryGet a complimentary IT audit of your target business:Email Nick Akers at nick@inzotechnologies.com, and tell him you're a searcherGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

MakingChips | Equipping Manufacturing Leaders
Funding Your Dream Shop: Creative Ownership Strategies You Haven't Heard Yet, 460

MakingChips | Equipping Manufacturing Leaders

Play Episode Listen Later Apr 21, 2025 64:42


Dreaming of owning your own machine shop but hitting a wall when it comes to the money? You're not alone—and you're definitely not out of options. In this episode of MakingChips' Machine Shop MBA series, host Mike Payne sits down with Jon Hughes, Principal and CFO Consultant at CliftonLarsonAllen (CLA), to unpack what it really takes to fund a manufacturing business in today's economy. Too many would-be shop owners assume they need a mountain of cash sitting in the bank before they can even begin. But what if we told you that buying an existing shop—yes, even one with tired machines and outdated systems—could actually be less risky than starting from scratch? What if seller financing, SBA loans, or creative capital stacks could unlock the dream faster than you thought? This isn't just about borrowing money—it's about funding your future wisely. From assessing your own personal runway to building a mixed financing strategy that includes banks, lines of credit, equipment lenders, and even friends and family, this conversation goes deep. Mike and Jon cover the practical tools every owner should use (hint: you'll want to Google “13-week cash flow”) and how to present a rock-solid financial plan that banks will actually take seriously. If you're wondering how to turn your machining expertise into a business that's not only viable—but scalable—this is the episode to hit play on. Because if you're not MakingChips, you're not making money… but if you can't fund the shop, you can't make chips either. Segments (00:00) Why funding is the next step in your Machine Shop MBA journey (0:21) Learn how to grow your top and bottom line with CLA (1:36) Introducing Jon Hughes and his role helping manufacturers at CLA (3:49) The two big funding buckets: operations and equipment (08:18) The case for buying a shop over building from scratch (12:16) Seller financing explained: benefits, risks, and how it works (19:12) The reality of personal capital—and when to tap family, home equity, or personal loans (24:58) Bank loans vs. SBA loans: how they differ and when to choose each (31:40) Why you need to take the Modern Machine Shop Top Shop survey (33:23) What can and can't be financed—especially when it comes to equipment vs. working capital (35:18) Determining how much working capital you really need (39:54) Cash flow crunches: how a 13-week forecast can keep you afloat (46:32) Planning for the unexpected: best-case, worst-case, and baseline budgets (49:20) What a blended funding structure could look like (54:35) Using equipment financing and lines of credit creatively (57:20) Final takeaways + the importance of building your financial advisor network (1:03:00) Why you have to check out the Machine Shop Mastery podcast Resources mentioned on this episode Learn how to grow your top and bottom line with CLA 7(a) loans through the SBA Take the Modern Machine Shop Top Shop survey Connect with Mike to get a 13-week cashflow sheet Connect with Jon Hughes at CLA Jon.Hughes@CLAConnection.com Smart Money Moves: Equipment Financing Tips with Ty Willis, Ep #5 The Cashflow Advantage: Why the Right Banker Makes All the Difference, Ep #6 Banking Secrets for Manufacturers: How to Secure the Cash You Need, Ep #12 Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube

Wealth Formula by Buck Joffrey
503: How to Fund Your Commercial Real Estate or Business Acquisition

Wealth Formula by Buck Joffrey

Play Episode Listen Later Apr 20, 2025 41:51


Last week on Wealth Formula Podcast, we dove deep with an expert who specializes in due diligence for small business acquisitions. To reiterate, what makes small business acquisitions especially enticing are the incredible financing opportunities available through the SBA. Imagine this: you only put down 10 percent on a $5 million business, and suddenly, you're in control of a business that throws off a million dollars per year in cash flow after paying monthly loan charges. That's what these numbers look like. Now obviously, it's a business, and it's not going to be quite that easy. That's why you have the higher cap rate. But the value proposition makes it worth consideration nonetheless. It's complicated stuff, and whether it's buying commercial real estate, funding a promising startup, or acquiring a multimillion-dollar established business, the right guidance can mean the difference between stress and success. So, this week on Wealth Formula Podcast, we're taking the next logical step and talking to an expert on funding these deals. After all, there is no sense in doing all that due diligence if you can't actually pull the financial trigger.

Build Your Network
Make Money Like the Ultra-Wealthy | Dana Cornell

Build Your Network

Play Episode Listen Later Apr 19, 2025 30:44


Dana Cornell is a Forbes-recognized financial advisor and former executive director at Morgan Stanley, where he managed $1.4 billion in assets. Dissatisfied with the traditional wealth management model, Dana left to found Cornell Capital Holdings, where he now advises another billion dollars and specializes in helping business owners with exit planning and wealth creation. Dana's unique perspective comes from both building and buying businesses, and he's passionate about showing others how to use business acquisitions as a powerful path to financial freedom. On this episode we talk about: Why Dana left Wall Street to build his own wealth management firm The biggest misconceptions about buying small businesses How to identify a business that's the right size for acquisition Creative financing strategies to buy businesses with little or no money down Why income streams and asset classes matter more than stocks and bonds for real wealth How to scale a business and prepare for a profitable exit Top 3 Takeaways Buying a business that's already cash-flowing and has systems in place is often less risky and more profitable than starting from scratch or buying too small. Creative financing—like SBA loans, seller financing, or partnering with investors—can allow you to acquire businesses with little or no money out of pocket. True wealth comes from diversifying income streams and owning assets that generate passive income, not just from traditional stock and bond portfolios. Connect with Dana Cornell: https://www.linkedin.com/in/danacornell https://www.cornellcapitalholdings.com/ SHOW SPONSOR: Check out FranBridge Consulting for premier non-food franchise opportunities: travischappell.com/franbridge Learn more about your ad choices. Visit megaphone.fm/adchoices

Acquisitions Anonymous
Comedy Club for Sale: Is This $3.5M Florida Deal a Total Joke?

Acquisitions Anonymous

Play Episode Listen Later Apr 18, 2025 35:29


A thriving Florida comedy club hits the market—does the $3.5M asking price make any sense?Business Listing - https://www.bizbuysell.com/Business-Opportunity/thriving-comedy-theatre-business-in-south-florida-prime-location/2317650/Sponsors:⚡️ Sponsored by Acquisition Lab. Ready to buy your dream business? Get hands-on support, expert guidance, and a powerful network to accelerate your acquisition journey. Schedule your free consultation today at https://www.acquisitionlab.com/. Be sure to tell them Acquisitions Anonymous sent you!

Bernie and Sid
Bo Dietl | Red Apple Podcast Host | 4-17-25

Bernie and Sid

Play Episode Listen Later Apr 17, 2025 12:44


Red Apple Podcast Host Bo Dietl calls in to discuss Sid being at the center of negotiations between the city and the Sergeant's Benevolent Association regarding a long-awaited new deal being reached for the SBA. Dietl then covers the rest of the top local headlines in the news today. Learn more about your ad choices. Visit megaphone.fm/adchoices