Business
Many business owners are understandably extremely passionate about their business. Sometimes, they are too passionate that they fail to view their business from the buyer's perspective. When that business life cycle finally hits the break, they find themselves having seller's remorse from selling their business without maximizing its value early on. In this episode, Bob Roark is joined by co-host and CEO of IBVA (https://www.ibva.biz/About.html) and IBVA Pros. Together, they discuss assessing your business and making adjustments from there in terms of valuation, moving from micro to macro that touches the people, processes, and systems involved. Join this great business coaching session to learn how to maximize the value of drivers of your business. --- Watch the episode here: Maximizing Your Business’ Value With Co-Host And CEO Of Raincatcher, Marla DiCarlo, And Guests, Jim Gilbert And Allen HarveyBusiness CoachingWe're doing a continuation of the series with my co-host, Marla DiCarlo. She's the CEO and Cofounder of (https://jimgilbertcpa.com/). In the previous episode, they were going through the details of the sale of a business that they ran together in Denver. Marla's company handled that transaction. What I wanted to cover with Jim and Allen with Marla's help is to unpack the skillsets that both of these gentlemen bring to the table and their insights to the businessowner mindset and skillsets. Some of the levers and tools that they can have in place that will help them run their business. We talked about this a lot before we started. We'll start off alphabetically. Allen, if you would tell us a little bit about your business and who you serve? I'm an independent valuation expert. I do professional certified business appraisals. We also work on calculations, which are not independent certified business appraisals. I work for IBVA and IBVA Pros is the team that we put together with some other evaluation experts. I’m teaming with a valuation expert by the name of Mike Dougan, who is a veteran appraiser in the industry We are also developing some relationships and teams with other appraisers as well. We have a team approach to our appraisal practice. That's what I do. We are at IBVAPros.com (http://www.IBVAPros.com). I'm a CPA. I run a CPA consulting practice. We have three sides of our business. One side is the traditional accounting bookkeeping day-to-day, which helped many clients’ Cloud-based accounting. I've got the business side where I work on lots of CFO, controller, advisory business, and then the other side of our business, which is my passion is technology. How do you apply technology? I spent a lot of time working with my greatest love is merger and acquisition. I spent a lot of time helping my owners, both buyer and seller, be successful and how to get to those processes and achieve maximum value on whether you're buying or selling. Marla, you and I are friends. We've talked a lot and we've had a number of episodes. Talk a little bit about what you do at Raincatcher and then we'll try to weave together while we're all on this show together. At Raincatcher, we help entrepreneurs to sell their companies and more importantly, to maximize the full value before they sell. That's something we see owners are either aware that they're leaving money on the table or that they have options before they decide to sell their company. We're here because Jim and Allen are a big part of the affiliates that we use to help those owners make sure that they don't have seller’s remorse, maximize value. Thank you for that. That's exactly why you're here. I think about the business owner and for many of them, it's their life's work. They're extremely passionate. They know everything about that particular service or product that they have. I think what they fail to do, or in many cases difficult to do is view their business from the buyer's perspective. There's the difference that we talked about...