Defenders of Business Value

In this episode of the "Defenders of Business Value Podcast," our host Ed Mysogland, sits down with Heather Endresen, a seasoned banking veteran with over 30 years of experience in the industry. Heather's expertise lies in SBA business acquisition lending, and for the past 12 years, she has dedicated her career exclusively to this field. As a top producer at Live Oak Bank for the last 6 years, Heather has demonstrated her exceptional skills in facilitating successful SBA loans. Prior to that, she held various management positions, overseeing SBA departments for several banks. Recently, Heather embarked on a new venture and launched Viso Business Capital, a loan brokerage that specializes in guiding buyers through the complex process of debt raising. Join us as Heather shares her insights on the seller's role in a successful SBA loan, offering valuable advice and shedding light on the crucial aspects of business financing. Whether you're a business owner looking to sell or a buyer seeking financing options, this episode is packed with actionable information that you won't want to miss. Tune in to gain expert knowledge and discover the strategies necessary to navigate the world of SBA loans with our esteemed guest, Heather Endresen of VISO Business Capital. Contact her through: Email: heather@visocap.net Twitter: twitter.com/EndresenHeather Website: https://www.visocap.net/ LinkedIn: linkedin.com/in/heather-endresen ************ About the Show The Defenders of Business Value Podcast combines nearly 31 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

Welcome to "Defenders of Business Value Podcast" In this episode, we have the pleasure of introducing Erin, a Certified Exit Planning Advisor (CEPA) who brings a unique perspective to the table. With her CEPA designation, Erin possesses a specialized framework for assessing a business owner's personal, financial, and business readiness for an exit. She excels at identifying potential stumbling blocks that can derail an M&A sales process and works diligently to address them prior to taking a client's company to market. Erin leads all exit planning engagements for BirdsEye, and she collaborates closely with Carol on the company's M&A projects. Her primary areas of expertise lie in exit planning, marketing material development for sale processes, and due diligence leadership. Join us as Erin shares her expertise and strategies tailored specifically for selling pet businesses, empowering you to achieve a successful sale in the pet industry. Get ready to unlock the full potential of your pet business with Erin Fenstermaker as your guide. Contact Erin at: Website: https://birdseyeadvisory.com/ LinkedIn: https://www.linkedin.com/in/erin-fenstermaker-cepa-mba-abcdt-a25b86/ Email: erin@birdseyeadvisory.com ************ About the Show The Defenders of Business Value Podcast combines nearly 31 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

Welcome to "Defenders of Business Value Podcast", In this episode, titled "Where is the Value in a Bitcoin Mining Company," we have the privilege of hosting two esteemed guests: Trisch Garthoeffner and Nainesh Shah. Trisch is the President and Founder of Anchor Business Valuations, LLC, a leading firm specializing in comprehensive business valuations for both private and public companies. With a focus on companies ranging from $50,000 to $100,000,000 in gross revenue, Anchor's valuations are utilized in various critical scenarios, including estates and gifting, divorce proceedings, mergers and acquisitions, SBA loan approvals, lifestyle and income analysis, shareholder disputes, oppression cases, and business optimization planning. Trisch's expertise and deep understanding of the valuation process make her a sought-after professional in the field. Joining Trisch is Nainesh Shah, a finance professional from Complete Advisors in New York, who specializes in business valuation. Nainesh brings a wealth of knowledge and experience to the table, with a particular focus on innovative valuation techniques. He has gained recognition for his groundbreaking approaches, such as the renowned subscription-based Apple valuation and a unique sum-of-the-parts model for Amazon. Nainesh's expertise lies in pushing the boundaries of traditional valuation methods, ensuring his clients have a comprehensive understanding of their company's worth. In this captivating episode, Trisch and Nainesh will unravel the mysteries of valuing Bitcoin mining companies, a rapidly evolving sector within the cryptocurrency industry. They will share their insights on the key drivers of value, the unique challenges involved, and the strategies to maximize the potential of these businesses in the marketplace. Whether you're a crypto enthusiast, an investor, or simply curious about the valuation intricacies of this burgeoning industry, this episode promises to be an enlightening and informative discussion. Tune in to "Defenders of Business Value Podcast" as Trisch Garthoeffner and Nainesh Shah shed light on the value within Bitcoin mining companies, providing you with the knowledge and expertise you need to navigate this specialized sector of business valuations. Get ready to discover the secrets to successful business sales and gain a deeper understanding of how to unlock maximum value in today's dynamic marketplace. Contact them here: Nainesh: Email: nainesh@completeadvisors.com Website: https://completeadvisors.com/ Youtube: https://www.linkedin.com/in/shahnainesha/ Trisch: Email: trisch@anchorbvfs.com Website: https://anchorbvfs.com Instagram: https://www.instagram.com/anchor_business_valuations/ ************ About the Show The Defenders of Business Value Podcast combines nearly 31 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

Welcome to another episode of "Defenders of Business Value Podcast"! In today's episode, we have a distinguished guest who specializes in selling heating and air businesses. Please welcome Patrick Lange, an expert HVAC business broker with a wealth of experience and knowledge in this industry. When it comes to selling your heating and air business, you may find yourself uncertain about where to turn or who to trust. Patrick understands this challenge all too well, as he has successfully sold numerous HVAC businesses himself and helped countless others do the same. His track record speaks for itself. If you want to learn more about Patrick Lange and delve deeper into his expertise in selling HVAC businesses, be sure to listen to the full podcast episode. To connect with Patrick Lange and explore more about his expertise in selling HVAC businesses, you can reach out to him via email at patrick@businessmodificationgroup.com. For additional information and resources, visit his website at https://businessmodificationgroup.com. You can also find Patrick on social media platforms such as: Facebook: (https://www.facebook.com/profile.php?id=100004520640480&paipv=0&eav=Afau7EaP1Drlz_KCKBHB0RZVL7Uw1ijpu6cFzLUyyyJC2WK7kOPGTppqqei9BTAo9tY&_rdr) YouTube: (https://www.youtube.com/channel/UCiK2PH5EeGM7L2JAhmZd4rw) LinkedIn: https://www.linkedin.com/in/patrick-lange-businessbroker/ Don't miss out on the opportunity to engage with Patrick and leverage his expertise. Be sure to visit these links to learn more about Patrick Lange and his contributions in the field of HVAC business sales. ************ About the Show The Defenders of Business Value Podcast combines nearly 31 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

In this engaging episode, we sit down with Spencer Tenney, President and CEO of the Tenney Group—a respected merger acquisition advisory firm dedicated to the transportation industry for over 50 years. Join us as Spencer shares his wealth of knowledge on selling trucking companies. With a rich family legacy spanning three generations in the transportation sector, Spencer brings a unique perspective and expertise to the table. Discover how his visionary leadership guides the Tenney Group. Aside from his professional accomplishments, Spencer's personal interests include writing country music, immersing himself in presidential biographies, and actively engaging in the F3 community. Moreover, he serves on the board of Franktown Open Hearts, a faith-based organization empowering inner-city children to overcome generational poverty. Don't miss this insightful episode, where Spencer Tenney provides invaluable insights into selling trucking companies within the transportation industry. Gain practical guidance and be inspired by his leadership principles and dedication to personal and community growth. Contact Information: Email: stenney@thetenneygroup.com Phone: 877.642.8033 ext. 1004 Direct: 615.224.8284 LinkedIn: /www.linkedin.com/company/the-tenney-group/ Website: TheTenneyGroup.com Please be sure to visit the website and LinkedIn profile for the most up-to-date information on Spencer Tenney and the Tenney Group. ************ About the Show The Defenders of Business Value Podcast combines nearly 31 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

In this episode of the Defenders of Business Value Podcast, Chuck Post of PBI Laundry Consulting and author of THE LAUNDROMAT - An American Dream Business & An Entrepreneur's Playground, a seasoned entrepreneur with over 37 years of experience in the coin laundry business, shares his story. Chuck entered the laundry business in 1985 after an 11-year career in the bicycle industry. He was fascinated by the simplicity of the laundry business and saw enormous entrepreneurial opportunities in it. Chuck quickly found locations for new laundries to build out and worked with area realtors to establish relationships with established laundry owners. However, he found that most laundry owners had little or no intention of improving their businesses, which presented opportunities for Chuck to succeed in building the market by selling his laundries to new investors. Over the years, Chuck has developed more than 30 new laundries, retooled and brokered hundreds, and built on spec and flipped dozens more. He is an active expert witness in cases where things do not work out and consults with other professionals that support the industry. Chuck has a General Contractors' License and has been a licensed Real Estate Broker for over 35 years. He is dedicated to the industry and the entrepreneurs who drive it, and has learned that understanding the science of the business is critical for success in the industry. Contact Chuck: Facebook Instagram LinkedIn Twitter YouTube ************ About the Show The Defenders of Business Value Podcast combines nearly 30 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

Rock LaManna is The Deal Flow Guy, a professional matchmaker, quietly bringing independent business owners together with Private Equity groups to create win-win deals. While his background is in the print and graphic arts industry, Rock has facilitated deals for buyers and sellers in all industries. Sellers trust Rock because he's on their side, ensuring they get the best deal. Rock is The Seller's Coach. Buyers respect Rock because he knows dealmaking and guides inexperienced sellers to a successful close. As CEO of LaManna Consulting Group, Rock's purpose is to assist business owners with their buy, sell, or grow goals. Rock brings synergistic businesses to Private Equity to buy and successfully close the deal. He finds the right buyer for the business owner ready to move on. The right buyer is the one that shares core values and has the funds to make it happen. Lastly, as a proven and 4th generation entrepreneur, Rock is in the unique position to coach business owners to think strategically, construct timelines, and reach growth goals. Rock is an accomplished author, speaker, and podcaster. On his podcast, "The Printer's Edge with Rock LaManna" Rock provides commentary, insight, and personal anecdotes to his audience. He's been a regular columnist for LN&W for over a decade. He published his first book, "They Named You Right" in 2022, a business memoir that details the early part of his career, managing and selling a family business, along with Rock's Diamonds, accumulated wisdom from over four decades in business. Rock's primary objective is to share his wisdom with business owners. He enjoys hosting live webinars and speaking before audiences whenever the opportunity arises. To Contact Rock Rock LaManna Founder & CEO LaManna Consulting Group 561-543-2323 Rock@RockLaManna.com dealflowguy.com lamannaconsultinggroup.com https://www.linkedin.com/in/rocklamanna/ @RockLaManna YouTube: https://www.youtube.com/channel/UCkRO30aF5LqpnUEivy2uYvQ ************ About the Show The Defenders of Business Value Podcast combines nearly 30 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

Mike Butler is CSpring's Chief Data Officer and Executive Director of Delivery and Innovation. He has a background in digital transformation and designing practical, innovative solutions, which all start with data. Before CSpring, he was a CTO in publicly traded financial services companies for nearly 20 years. CSpring is a data consulting firm headquartered in Carmel, IN. It started in 1996 and has been delivering to public and private sector clients. Their customers come to them because they want to make better, faster decisions. They provide analytics solutions designed to help them save time, money, and frustration. If you're looking for anything from him, you can find him at www.thedatahitchhiker.com or on the www.cspring.com resources page. ************ About the Show The Defenders of Business Value Podcast combines nearly 30 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

Tim Roy of Capitale Analytics is my first two-time guest. Why? First, I know many equipment appraisers and his ability to articulate the "whys" of value makes it his superpower. He makes complex matters easy to understand. Second, with economic volatility, he is the guy with boots on the ground, seeing what is and is not happening in the capital equipment industry. Below are some of the points we discussed: Proper presentation of equipment assets can help sell a business in equipment-intensive industries such as manufacturing, processing, packaging, and printing. The seller's goal is to help the buyer envision a long runway of continued earnings with the current equipment package, with predictable operating and capital expenses. Each central machine or production area should be treated as its own "mini-business" and profit center, with assigned operating and earnings costs, and planned operating expenses, capital expenses, and replacements. The seller should have a detailed assignment of operating expenses and a central asset tagging and tracking system that increases clarity. Consistent capital expenses and a long-term capital expenditure plan build confidence. The seller should begin organizing the business today, showing three years of detailed operating expenses and having a well-thought-out capital expense plan, even before having a potential buyer. Contact Tim: Tim Roy, ASA tmroy@capitaleanalytics.com www.linkedin.com/in/roytim/ 317-559-6367 Office 260-579-1611 Cell – Call or Text ************ About the Show The Defenders of Business Value Podcast combines nearly 30 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders

Few claim to have done over 220 deals, but Mushfiq Sarker can. Below is a summary of how Musfiq buys an existing website, improves it, and sells it for a profit. Here is a summary of the basic steps involved in flipping a website: Find a website to buy: Look for undervalued websites or with growth potential. You can use marketplaces like Flippa, Empire Flippers, or FE International to find websites for sale. Analyze the website: Look at its traffic, revenue, and expenses to determine if it's a good investment. You can use tools like Google Analytics and SEMrush to gather data about the website. Improve the website: Once you have bought the website, improve to increase its value. This can include optimizing content for SEO, improving the design, and adding new features. Build traffic and revenue: Use marketing techniques like SEO, content marketing, and social media to drive traffic to the website and increase its revenue. Sell the website: Once you have improved it and increased its value, it's time to sell it. List the website on a marketplace and provide potential buyers with all relevant information. Close the sale: Negotiate the price with potential buyers and complete the transaction once you agree. About Mushfiq Sarker Mushfiq is a prolific investor that buys, grows, and sells online businesses, specializing in content websites. He has done 220 website flips to date and several have resulted in 6-figure exits. He runs a free newsletter, The Website Flip, where he discusses growth case studies, guides, and shares sites for sale that anyone can purchase. Twitter LinkedIn ************ About the Show The Defenders of Business Value Podcast combines nearly 30 years of valuation and exit planning expertise working with business owners. Ed Mysogland has a mission and vision to help business owners understand the value of their business and make it a salable asset. Most of the small business owner's net worth is locked in the company, and to unlock it, a business owner has to sell it. Unfortunately, the odds are against business owners that they won't be able to sell their companies because they don't know what creates a saleable asset. Ed interviews experts who help business owners prepare, build, preserve, and one-day transfer value with the sale of the business. ************ For past guests, please visit https://www.defendersofbusinessvalue.com/ Follow Ed: Connect on LinkedIn: https://www.linkedin.com/company/defenders-of-business-value Twitter: https://twitter.com/sellabizpod Instagram: https://www.instagram.com/defendersofbusinessvalue/ Facebook: https://www.facebook.com/bvdefenders