This week we were joined in studio by Jeff Tomaszewski, owner and Chief Life Transformer at Max Strength Fitness.  Max Strength Fitness is a different kind of training company where they focus on twenty minutes twice per week to transform you

So you’ve been running your business for years or even decades.  Some days you hardly have time to think.  But you heard about a friend who recently sold her business or your spouse is asking when you’re going to retire.  So how do you know you’re ready to sell your business?  What do you need to do to get your business ready to sell?

For the last two shows we spent some time talking about this topic of transitioning a business from the owner’s perspective. Tonight, we flipped the script to talk about it from the next generation’s standpoint. While some of the questions are similar the perspective and decisions will be different

Tonight is the second part of a show we started last week to talk about how to transition the business from one generation to the next.  These two shows are geared to the current owner and questions and concerns they have.  Net week we will get into questions from the next generation’s standpoint, but this week and last week’s shows should be helpful for you as well.

How Do I Get Ready To Transition My Business?

This week we were joined in studio by Tom Wasinski, owner of Aerial Agents (www.aerialagents.com). Aerial Agents is Ohio’s premier aerial photography & videography company. As experts in UAS (unmanned aerial systems) or “drone” piloting, they specialize in capturing professional, high-quality aerial photographs and videos for our clients. Tom is also a graduate of the Goldman Sachs 10,000 Small Business Program and he shared with us some of his key takeaways from that program in our monthly Goldman 10 for 10 segment which included how he was put in a lot of uncomfortable situations where he had to explain himself to strangers!

Part of being a business owner is you feel the need to be “on” all the time.  People are constantly pulling at you.  It can be exhausting at times!  Don’t get me wrong, there’s no better way to go than owning your own business, but what do you do to get yourself re-energized when you’re feeling down in the dumps.  Or, if you’re flying high, how do you stay at that peak energy level.

Welcome to October!  Also known as “planning season” when it comes to business.  So have you started to think about your plan for next year yet?  What kind of sales and profits would you like to achieve next year?  Not sure where to start?  Don’t worry you’re not alone.

This week we were joined in studio by Tracey Watts Cirino, owner of Lavish Color Salon, an award winning full service salon.  Tracey is also a graduate of the Goldman Sachs 10,000 Small Business Program and she shared with us some of his key takeaways from that program (e.g. her support group for workaholics!) in our monthly Goldman 10 for 10 segment.

A few week ago a group called the Business Roundtable issued a statement that caught our eye. They issued a statement summarizing the Purpose of a Corporation that has expanded it beyond what they’ve supported for the past 40 years which has been a focus on increasing shareholder value.