Blogs and Resources
Empower Yourself as an Entrepreneur – Challenge what you think you know about Retirement Income
To learn more about RISA, you can click here to download the informational brochure. To visit the RISA website, click here. About our Speakers: Alex Murguía, PhD, is a co-founder of the Retirement Income Style Awareness (RISA®) tool and a co-host of the Retire with...
Are You Building Equity or Income in Your Business?
Many business owners run their businesses based on their current lifestyle needs. However, when you begin to consider who will own your business after you, i.e. your exit from your business, you need to ask yourself whether you are focused on creating a stream of...
Today’s Transaction Preparation for Owners
Today’s business owners are becoming more and more aware that preparing their companies for a sale has a lot of benefit to them and their businesses. In fact, with the growing marketplace of ‘exit planners’ – professional advisors who help business owners prepare for...
The Biggest Threat to Your Post-Transition Wealth?
(T)here is an invisible problem – and how you deal with it will directly impact how much wealth you pass on to the people and causes that are important to you.
EOS® Implementation: EOS Implementer®, EOS® Integrator™, or DIY?
What is EOS®? The Entrepreneurial Operating System® is a methodology and toolset for running a business. While parts of it can be used for any size business, typically businesses that are 300 employees or less adopt it. It is made up of Six Key Components™: Vision –...
Value Acceleration Methodology – Part 4 of 4 – Relentless Execution
The final Core Concept of the Value Acceleration Methodology is the most crucial. It deals with laying out an actionable exit plan and carrying it out successfully. We call this concept Relentless Execution. At its core, Relentless Execution is about getting things...
What Your Future Buyer May be Looking For From YOU (not your Company) in Your Exit
Owners who think about exiting their business should wonder who the future owner will be and what will they be interested in when acquiring the business. These future buyers will consider both the company that you run as well as, potentially, how you run it in making...
Value Acceleration Methodology – Part 3 of 4 – The 4 Cs
Value Acceleration Methodology - Part 3 of 4 - The 4 Cs We’ve already discussed the first two Core Concepts of the Value Acceleration Methodology: the 3-Legs of the Stool, and the 5-Stages of Value Maturity. Now it is time to talk about Core Concept #3: the 4 Cs. The...
The Key Components in Succession Planning, According to Study
As a succession planner, it is essential to identify any factors that could potentially affect the business's long-term success. Advisors must evaluate the organization from all angles to gain a comprehensive understanding of the organization's environment. The...
Can I Afford to Exit My Business Today? Five (5) Questions to Begin Planning Your Exit
An exit from a privately-held business is a complex decision. Each exiting owner will have a unique relationship with their company as well as their community, family, employees, managers, vendors, customers, and others who are tied to that successful business....
The 5 Stages of Value Maturity – Part 2 of 4
The Five Stages of Value Maturity - Part 2 of 4 One of the concepts of the Value Acceleration Methodology is The Five Stages of Value Maturity. To build real wealth in your business you have to be able to identify these stages and understand what needs to happen in...
Thinking Strategically About Your Exit While Economic Recovery Is Still Occurring
This newsletter is for owners who have the majority of their wealth locked in their privately-held business and are postponing planning for their future because of today’s difficult recession and slow recovery. A planning process, in essence, is one that looks out...
Creating Value in Your Business – Three Legs of the Stool – Part 1 of 4
Creating Value in Your Business - Three Legs of the Stool – Part 1 of 4 There are four core concepts to creating value in your business, also known as the Value Acceleration Method. The first of these concepts is called “The Three Legs of the Stool.” Now that your...
Key Considerations When Valuing a Medical Practice
The fair market value (FMV) of a medical practice is the price that a willing buyer and seller would agree upon in an arms-length transaction, assuming both parties have a reasonable understanding of the relevant facts and market conditions. Determining the FMV of a...
Why You Need an Exit Strategy for your Business NOW
Why You Need an Exit Strategy for your Business – NOW When you started your business, were you thinking about your exit strategy, or who was going to take things over? Or were you just thinking “Can I even make this thing work so I’m generating enough income to pay my...
Diversity and Inclusion
I know I’m a bit late in wishing you all a Happy New Year but who amongst us hasn’t been late a time or two? If you have been reading these newsletters for any length of time you know that sustainable growth is one of my passions and linked to that is developing a...
Leadership Series
Please enjoy this conversation between BTC's very own clinical psychologist Dr. William Anton, renowned neuroscientist Robert Cooper, Ph.D., and Strategic Advisor Monica Kerber. The goal of this conversation is to briefly explore and share some inspiring practical...
Moving from “transaction” to “meaning”
The article below does a great job of introducing the practice of rituals to move us from “transaction” to “meaning” and I think you’ll enjoy reading about the different ways it can apply in the workplace and serendipity of discoveries made along the way. In addition...
Wealth Gap
The last couple of years has been frothy for M&A. As far as disclaimers go, you would do well to remember that past performance is not indicative of future results. This month we touch on the impact inflation, interest rates, disruptions in the supply chain and...
Managing Remote Employees
In March 2020, we helped a number of small companies set up their employees to work from home due to office shutdowns mandated by the pandemic. Some employees had worked from home from time to time and some had never worked from home. The technology enablement turned...
TRUST IS THE FOUNDATION OF ALL RELATIONSHIPS AND CULTURE IS A REFLECTION OF THE LEVEL OF TRUST
A friend of mine is writing another book, this one a book of poems and essays. In reviewing it, I thought this particular essay and closing poem were worth sharing. He is writing this book as he has traveled the country these past 24 months. While the observations and...
How to Think About the Systems in Your Business
Being able to see your business as a system helps create the structure necessary to grow and succeed. Many entrepreneurs start a business and end up owning a job. The difference between owning your job and owning a business lies in the various systems used to operate...
What’s Love Got To Do With It?
M&A—What’s Love Got To Do With It? HOW SUCCESSFUL CULTURE INTEGRATION POSITIVELY AFFECTS M&A SUCCESS Sometimes when people talk about the merging of two companies, they make a comparison to marriage. You know, where two people come together and have to learn...
BGS Business Accelerator Masterclass
Short Description Even if you think your business can’t function without you. This program reveals how to have the independence and financial freedom you dream of when you started by learning how to build a self-sustaining business (absentee ownership). Description...
Fail to Plan, Plan to Fail
How attractive is your company to an external strategic buyer or to the current management group? How dependent is the company’s current level of success on you? What does the makeup of your customer base look like and is it dangerously tilted towards one or two large...
Family Businesses: Exiting in the New Year!
CHARACTERISTICS FOR SUCCESSFUL EXIT PLANNING IN 2022 It is the beginning of a new year--a time for renewal and reflection about the previous year, and oh, what a year it was! What went well, and what might have gone better? In that spirit, I thought I’d offer a few...
Podcast with Nataliya Kalava and Rossana Laib – Organize & Excel with Your QuickBooks
My guest is Rossana Laib. Rossana is the founder of NextDoor Bookkeeping | 813 586 1619 | rossana@nextdoorbookkeeping.com. She is a Certified Quickbooks Consultant working with companies and business owners to help them unravel the intricacies and complexities of...
Podcast with Nataliya Kalava and Michael Valdez – Building Strong Financial Foundation
During this episode, I had the honor to interview Michael Valdez. Michael is a Certified Financial Planner and an LPL Branch Manager at Synergy Wealth Alliance in the Greater Tampa Bay Area. During our engaging conversation, we discussed a wide range of topics from...
Intermittent Fasting has Potential Health Benefits in Older Adults by Dr. Stephen Anton
Intermittent fasting has potential health benefits in older adults, more research needed Intermittent fasting, or IF, is a weight-loss regimen that is being increasingly embraced by Americans, including older adults. Evidence suggests calorie restriction might improve...
Seven Layers of Successful Relationships
Short Description: Do you ever wonder how some people get along with everyone and have genuine fulfillment and happiness within their life? It’s not that they’re better than you. It’s that they took the...
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