Today we chatted with Bill Bath about his specialty, Mergers & Acquisitions. If you’ve ever wanted to sell your business or acquire one, we have several tips from Bill that can help you in the process. Bill is a Managing Partner of Legacy Mergers and also Charlotte Chairman of 12 Mavens; an invitation only community of CEOs and entrepreneurs that meet together to grow and challenge each other in a confidential community setting. 12 Mavens has chapters all across the country and helps CEO’s operate at their highest level.
2 Simple Tips Before you bring your Business to Market:
Tip 1: Make sure your Books are Clean! You want to make sure no-one is running personal expenses (like a home, yacht, or vacation) through the company.
Tip 2: Figure out what are you going to do next? Do you want to retire and live that beach life? Are you selling to fund your next venture?
3 Tips to Aquire Someone Else's Business:
Tip 1: There will be risk. Know what risk you are willing to take and where you draw the line.
Tip 2: Look for clean books - or cleanish.
Tip 3: Know your strategy. You have to know what will be beneficial to your business
3 Risks to Look For:
1. Quality/ Stability of Financials - How much debt do they carry? What type of cash flow do they have?
2. Culture - Does theirs mesh with yours?
3. Synergy - Will absorbing them produce a greater effect?
Have you ever acquired a business? We want to hear from you! Tell us any tips or takeaways you learned in the process.
You can connect with Bill on Linkedin linkedin.com/in/billbath/or Legacy website legacymergers.com/profiles/bill-bathand check out the 12 Mavens site here 12mavens.com
-- Instagram: instagram.com/chadlingafelt
What I do: locdoc.net/
KeyFob Systems: locdoc.net/commercial-security-services-charlotte-nc/commercial-access-control/
Camera Systems: locdoc.net/commercial-security-services-charlotte-nc/commercial-security-cameras/
Main Camera: Nikon D5600
Second Shot: Nikon D7000
Random Action Stuff: GoPro Hero 3
Microphone: Rode VideoMic
Editing: Final Cut Pro
Drone Footage: DJI Mavick Pro
Surveillance Footage: Eagle Eye Networks
Surveillance Cameras: HikVision
Loc-Doc Security focuses on Electronic Security Integration with Camera Systems and Key Card Systems . We work with products like Brivo Access Control, Eagle Eye Networks, Open Eye, HikVision, HID and others. While Electronic Security is a focus, we have been a Door and Lock service company for over 35 years.
Our Story: locdoc.net/contact-loc-doc-inc/our-story/
Today's guest is Brain Smith from Regionet Commercial real estate. We discus our recent office expansion as well as negotiating a lease with a landlord and many other useful tips as you look at expanding your office space.
Today our Training Director, Thomas M Heavey IV sits down with Chad Lingafelt to talk about Our Training Process and how it’s transformed our ability to scale business growth. Join us as we share practical advice, our own strategies, and unique ideas that has enabled our team to go from 5 to 35.
Keenya Justice joins us for a conversation on how she's educating the public on Eminent Domain Laws and finding ways to stay connected with people who she can help. Keenya is also part of a new venture called InterCity that connects small business with the ability to find private transportation for same day round trip business meetings.
Join us as we chat with Guy T. Robinson about the ASSA ABLOY Door Security Solutions Training Center. Guy shares about his philosophy on practical, quality training.
1. Use Teaching Tactics
2. Teach the Original so you can spot the counterfeit
3. Training Builds Confidence
How do you know your marketing strategy is working? Find out as Blair Primis discusses the philosophy on OrthoCarolina and how they are integrating themselves in many aspects of the community and bringing value rather than advertising!
Blair also leads several teams and chats about Leadership principles and recognizing great behaviors with his team.
Chris Gilliland from William Douglas sat down to discuss how they are educating their customer base with a weekly Radio show on ESPN in Charlotte and Asheville, Podcast, Videos and Books published for the HOA (Home Owners Associations) boards and communities.
Chris also discussed business growth through People, Process and Customers. Building good processes will aid in growth and acquisitions.
Top 5 Most Listened to Episode Countdown Plus Live Q&A
First episode released on August 14, 2018
43 episodes released as of June 11, 2019
Building a Brand from Scratch
Hiring for Culture, Training for Skill
Scott Baker a former Group President from Assa Abloy sat down with us a few months ago during the Medeco Security Center Program Conference in San Antonio, Texas. Scott shared amazing insights on highlighting company culture and how it impacts what any organization can accomplish. This is one you don't want to miss!
Christina Spratley, Facility Manager for Lincoln Harris and current President of the IREM Western North Carolina Chapter joins us to discuss property management overview and how IREM (Institute of Real Estate Management) is impacting the community and staying engaged with peers, partners and practical advice. IREM and Property Managers work by Prior Planning Prevents Poor Performance and Christina explains why that matters.
Alex Judd from Dave Ramsey's Entreleadership All Access coaching program joins us to discuss all things about the value of coaching, accountability, peer encouragement and feedback and just a really fun and energetic conversation.
Alex is a young professional and evolving motivational speaker. His experience and wisdom comes from coaching and learning from business leaders from all walks of life throughout the country.
Geoff Schultz brings an incredible perspective and practical insight to how to tell your business story through video content. Geoff has been in content creation for over 10 years, but has a unique way of looking at analytics to clarify your message. Visit http://hypekick.com for more information.
Shelly Henderson stopped by just after her LIVE Segment on Fox46 Charlotte to chat about 21 years in the business with her husband Phil Henderson. They started the company from scratch while raising 2 boys. She shares some insights from her journey and that she wants to get rid of Pasta! https://www.shellylhenderson.com/
Liz Falcigno started blogging and share her passion for good food in 2013 - she has been consistently growing her audience and building an amazing website filled with helpful information, recipes and resources. Her story of consistency is very inspiring and once you'll want to hear.
Listen to this episode if you want some practical tips on how to grow and develop your team and organization. Steve has a long history in the security industry, but it also recognized as a great leader. In the episodes he shares several ideas and concepts that the team at Brivo is implementing for on-boarding and training.
Steve's book on Amazon
Buckle up for an exciting fast pace conversation with Jacinda Jacobs. She stops by the studio to talk about her book, Uniquely Qualified and how her platform has expanded far beyond what she ever imagined.
More information about Jacinda, http://www.msjacinda.com
This is a bonus episode! Here is the full talk Chad Lingafelt shared at the 2019 ASSA ABLOY Medeco Security Center Conference in San Antonio, TX. How can we share our passions and be contagious by learning from those who have done it better and share with those who are learning.
The Full Video is available at: https://youtu.be/YkSGUN8qwVI
Our in house App Developer, Lucas Ward joins us for a discussion on how to Observe, Document, Refine, Develop and Repeat for process improvement. A unique spin is added someone from outside your industry to eliminate assumptions of how a process should work.
This is a unique episode of the Coffee Break Podcast - we took the whole show to San Antonio, TX as we get prepared for the ASSA ABLOY MSC Conference. We sit down with Lars Johnston of Calgary Lock and Tony Hokanson from Bloomington Security Solutions to understand how they are measuring success in their businesses and understand the importance of metrics and scores.
Jake Fehling from Movement Mortgage joined us to discuss his professional journey and how he is working with the Movement Mortgage Brand to teach it's loan officers how to build a personal brand and focus on providing relevant content to their network and customers.
After connecting on Instagram, Uriah Ortiz asked if he could visit our company and see how our organization is operating with 31 team members. While he's visiting, he shares his inspiring story of how he started small and grew his business over the past 9 years and how he's not done yet!
Chris Berger joins us to discuss his local artisan coffee roasting company Sugar Creek Coffee Roasters. He also handles corporate communication for Atrium Healthcare and we have a great discussion on communicating change within your organization.
Chris Brown joins us from Nashville, TN to discuss how each life experience has built upon each other and brought him to his current adventure. Chris also offers great advice for business owners, leaders and individuals who want to stay focused on personal development.
In this episode, we meet Johnny Freeman who is the founder of Johnny Fly Co. the eco-friendly fashion brand had humble begins around a dining room table to launching a worldwide wood frame eyewear line and eventually launching a physical retail location. Johnny shares his story and how they arrived to the brand they are today.
We have a conversation with Garrett on starting a coworking company and how his community engagement drove his desire to provide a working space for others to launch their dreams. During all this, he opens up about self-awareness and dealing keeping your mind sharp.
Greg Whitus contacted us on Linkedin and we've connected a few times to discuss ways to share our stories. Today, Greg visits with us to discuss how business processes can be automated for small businesses to gain a competitive edge. Greg hosts his own podcast called Technology Equalizers
Ben Sultze from ASSA ABLOY joins us in studio for Coffee and a discussion about personal growth in the security industry. Ben developed his career through ASSA ABLOY from managing a sales territory to now managing the aftermarket installation channel of business. Fun conversation and insights included in this episode
Join us around the table for our morning Coffee Break. This week Kevan, Chad and guest Steve Brisson from Security Lock and Key from Lynchburg, VA discuss transactional vs. relational sales and how it's impacted their businesses. Grab a cup of coffee and join in.