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Moore on Manufacturing with James Moore & Company is a monthly podcast and video series discussing the latest in manufacturing! In this podcast, we‘ll focus on building the value of your business. This includes covering the topics that impact you the most: cash-generating tax strategies, effects of the current economy, improving operational efficiencies, preparing for a sale or transition, IT and human resources concerns, and more. Join us on the 1st Tuesday of every month at noon EST as we chat about the issues that affect you and your company. These aren‘t your typical, lengthy webinar-style videos; we know you‘ve got a lot on your plate. It‘s just us – and usually a guest or two – shooting the breeze and sharing knowledge to help you and your bottom line. Sign up to receive notifications when new videos are released - https://www.jmco.com/moore-on-manufacturing/
Episodes
Tuesday Apr 06, 2021
Tuesday Apr 06, 2021
Heather Parbst, Director of Transition Planning with Velocity Advisory Group, will help businesses understand what transition and exit planning is. Along with James Moore's partner Mike Sibley and director Carrie Boynton, she’ll discuss common missteps made in the process, drivers that increase business value, and how focusing on them can add more profitability now!
00:10 - Welcome & introductions
00:54 - What is transition and exit planning?
03:05 - Common mistakes business owners make as they get ready to sell their business
05:01 - Different avenues to take when transitioning
06:29 - Some things Heather Parbst learned when selling her prior business
10:12 - Value drivers business owners should focus on
11:15 - Owner independence during and beyond transitioning
12:59 - Other important value drivers
17:15 - Which value driver do businesses overlook the most?
18:30 - Wrap-up
Sign-up to receive Moore in Manufacturing notifications when new episodes are released: https://www.jmco.com/moore-on-manufacturing/
To learn more about the James Moore Manufacturing Team: https://www.jmco.com/industries/manufacturing/