Martinka Consulting's Getting the Deal Done Podcast

Both the local (Seattle) and national press recently had articles on the drama around Rite Aid's buying of local favorite Bartell Drugs. FYI, it hasn't  gone well with 1/3 of the Bartell stores closing in the few years since the acquisition.A majority of business owners I talk with comment on how they want their employees taken care of when they sell.Listen for tips on preserving legacy.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

There are a lot of exciting things in life, or at least there should be.But should it be your business (or the one you want to buy)?Listen and learn what makes the best business type to own or buy.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

After serving 4 years in the US Navy, he earned his Masters in Social Work and founded Housing Matters of NY, an organization that provided transitional housing to formerly incarcerated male nonviolent offenders. With a vision to continue his family’s legacy of entrepreneurship, Phillip went on to redefine the signing service industry when he founded his company in 2016.Phillip and I discuss his basic tenets, which include:Courage, determination, and planningRecruiting the right peopleProviding proper trainingEmpowering employeesConstant evaluation and offering room to growAs you can see, and will hear, it's all about the people, which it usually is.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

What's the multiple is a common question. There's a lot more to it than just picking a number. In this episode we cover:Multiple versus price/earnings ratioTerminology for earningsWhy multiples don't come out of the airSanity checksHistoric rangesThe multiple is really how you calculate return on investment, so pay attention.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

Trever Acers joins John to discuss:Trends in M&AGetting a business seller a higher value and priceBiggest mistake owners make with being solicited by buyersHow sellers can motivate the best buyers to take actionObjective, Investment Banking & Valuation (“Objective”) is a leading investment banking and valuation firm that services middle market companies in select industries of focus: Business Services, Consumer, Healthcare Tech & Services, Life Sciences Services & Tech, Manufacturing & Distribution, and Technology. Within our industries of focus we offer an investment banking group providing sell-side advisory, and a full-service valuation group providing tax compliance, financial reporting, transaction opinion, and strategic advisory services. Founded in 2006, Objective’s seasoned professionals have collectively executed over 500 M&A advisory engagements and thousands of business valuations throughout their careers. Our firm’s name embodies our core mission: to help business owners achieve their objectives. Learn more and find additional resources at objectiveibv.com. This podcast episode is for informational purposes only and does not constitute an offer, invitation or recommendation to buy, sell, subscribe for or issue any securities. While the information provided herein is believed to be accurate and reliable, Objective, Investment Banking & Valuation, makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. All information contained herein is preliminary, limited and subject to completion, correction or amendment. It should not be construed as investment, legal, or tax advice and may not be reproduced. Securities and investment banking services are offered through BA Securities, LLC Member FINRA, SIPC. Principals of Objective, Investment Banking & Valuation, are Registered Representatives of BA Securities. Objective, Investment Banking & Valuation, and BA Securities are separate and unaffiliated entities.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

The most important question a business buyer can ask a seller is:Why are you selling?The trite answer, "To pursue other interests" doesn't cut it. It just raises skepticism.List for the best and worst answers, i.e., reasons to sell.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

Too many business owners run the business for themselves (lifestyle, immediate cash flow, etc.) when they should run it for their eventual buyer.I cover five very important things all owners should be doing and doing correctly to make their business more attractive to buyers - all types of buyers from the individual to private equity to strategic.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

Sir Isaac Newton's 3rd Law of Motion is, for every action there is an equal and opposite reaction. In this episode we discuss how it applies to business, specifically:Supply and demand and price elasticityGrowing a businessReaction to government actionsIn a buy-sell dealTake a listen, it's under 5 minutes.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

Sports teams are just that, a team. It's rare one player can do it all. Even Michael Jordan, LeBron James, Tom Brady, etc, didn't win every year.In business a solid team that reduces the owner's role (no owner dependency) is a key value driver.Listen for some examples and stories about great teams and strategies. John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903

Nick Anderson is the (fairly new) CEO of OneAccord in Kirkland, WA. His task is to streamline their value proposition, which is now helping companies increase value.They do it through fractional C-level people, coaching, and strategic planning. Each client gets a "Success Manager" in addition to  their on-the-ground advisor. This assures accountability is maintained.They have a roster of seasoned advisors with different specialties, all to benefit the client.John MartinkaJessica MartinkaContact us via either website or give us a call and be sure to check out our videoshttps://nokomisadvisory.com/https://www.martinkaconsulting.com/https://www.youtube.com/c/JohnAMartinka/videos 425-515-4903