Ever wondered how to reduce the amount of taxes you need to pay when selling your business? Or if it's possible to eliminate taxes altogether? Here's the guy who shows who how to do it. Dr. Bart Basi is the nation's leading tax attorney and one of its best estate planning experts. He talks about ways to reduce your tax liabilities that no one else can touch, detailing how this depends on which state you are in and what kind of company you have. Dr. Basi also explains the best approach when coming up with succession plans, the role of brokers in this undertaking, as well as the right way to deal with double taxations. Listen. Take notes. Save thousands. Or millions.Love the show? Subscribe, rate, review, and share! https://www.managevisors.com/
Apr 15, 2021
47 min
When buyers make the wrong move or ask the wrong questions, they end up missing out on great opportunities. What are the biggest mistakes buyers make during acquisitions and how can you keep yourself from committing them? Peter Siegel witnessed firsthand every common trap that business buyers fall into – twenty times over. Peter is the founder of Bizben, a dedicated online portal where small businesses are sold and bought. In this conversation with Brian Loring, Peter explains how you should settle your financial qualifications and study the deal structure when browsing through your potential buy listings. If you want to have a better, more secure experience of business ownership, tune in!
Mar 16, 2021
34 min
When we think of selling a business, we rarely think of the online landscape. But now that almost everyone is on the Internet and businesses need to adapt to this shift, we can now see that online businesses also need to plan their exit. Gary Nealon, a serial entrepreneur and the founder of Nealon Solutions, did more than just exit; he quadrupled his company's purchase price while at it. In this episode, he joins host Brian Loring to share how he did it. He takes us across his journey from establishing his e-commerce business to making a couple of acquisitions, highlighting the importance of vision and core values to growing a business and finding the right buyers for it. Don't miss this conversation to learn how to get the most of your business while also understanding the strategies to acquire your next.
Feb 11, 2021
32 min
It is undoubtedly challenging for owners to sell their businesses to entirely new management. But on the other hand, the buyers of such assets also undergo a complicated company transition, which could be messy if things are not handled properly. More often than not, the difficulties lie with the people involved. Brian Loring sits down with Matt Walker of Walker & Associates Property Management to share his experiences in closing two handshake real estate deals in the smoothest way possible. He explains how he created a strong initial connection with the clients, tenants, vendors, and employees of the companies he has inherited by making phone calls and how this affected his entire management system.
Feb 4, 2021
20 min
It's one of the biggest worries business owners have when they attempt to sell their company - what if a buyer wants to steal my sensitive information and use it against me? It's happened. Today’s guest, Myron Von Raesfeld, executed his privacy strategy perfectly during due diligence with his buyer. He also managed to sell his company for three times annual revenues, which is quite an accomplishment. Myron joins Brian Loring to share some great tips for getting a deal across the finish line without endangering your confidential information.
Feb 1, 2021
31 min