The Financial Incline

In this episode of Investment Trends we discuss some of the news we have been seeing and reading about the Stock Market and Economy for the week of March 11th, including:
- Inflation Readings
- Bitcoin Rally
- Stocks to Watch
- Dave Ramsey
- Quote from Jack Bogle
- New Trend in Real Estate

For most business owners selling their business is the biggest event of their financial lives. In my conversation with Jeff Annis we describe how to sell your business and walk away with no regrets. Jeff was a serial entrepreneur and owed Advanced Services, Inc. for over 38 years. We discuss how he grew the business, scaled it and was able to exit in 2022. If you are looking to sell your business within the next 3 to 5 years, make sure you check out my conversation with Jeff Annis.

In this episode of The Financial Incline, we talk with Rex Wetherill, Former CEO of Hydrotech, Inc. In our conversation, Rex and I discuss the process he when through when he sold his business. Rex provides details on the following aspects leading up to the sale: - When did he first decide it was time to sell - How far in advance did he prepare - What did he value most in a potential buyer - Who were his team of professionals helping him with the sale

In this episode, I sit down with Zachery Mountel, RVP at Trinity Pension Consultants, to discuss Cash Balance Plans. During our conversation Zach and I talk about the following: - What is a Cash Balance Plan - Who is a Cash Balance Plan appropriate for - What is involved in establishing a Cash Balance Plan - What are the benefits and what are the negatives

In this episode, Ely Friedman and I sit down to discuss Business Valuation. If you are looking to sell or buy/acquire a business, this episode is for you. During our conversation Ely and I talked about the following: -Different methods you can use to value your business -What to look for in a company’s financial statements -What are common valuation multiples we see today -Ways to increase the value of your company

In this short Podcast Episode from The Financial Incline, we discuss the 4 major responsibilities of a Retirement Plan Trustee: *Plan Design *Plan Operations *Investments *Costs As a Retirement Plan Trustee it is important to know your roles and responsibilities for the plan to ensure you are remaining in compliance and doing what is best for your company and employees.

In the most recent podcast episode from The Financial Incline, Larry Shover talks with us about investing in uncertain times.

Larry is the Managing Director of International Markets at Exchange Capital Resources and has over 25 years of experience in the financial services industry.

During our conversation, we discuss the most recent Fed meeting, the current interest rate environment, the banking crisis and more.

So if you are interested in how the stock market is doing and learning more about stocks, bonds and interest rates, tune into this episode.

In this episode, we talk with Ely Friedman who is the Director of the Mergers and Acquisitions Team at VonLehman and Company. Ely’s team provides both buy and sell side advisory services. In my discussion with Ely, we talk about where he starts when engaging with a new client who is looking to sell their business. Ely also describes how he helps determine the value of a company and ways he has been able to increase the enterprise value of the business prior to the sale. Lastly, we discuss what types of buyers he has seen that have had the most success in completing a transaction. So if you are a business owner who is potentially looking to sell a business and you don’t know where to start, make sure you check out my conversation with Ely Friedman.

On this episode of The Financial Incline I am thrilled to be joined by Greg Goddard as we discuss owning and operating Penn Station East Coast Subs franchises. Greg worked for Penn Station on the corporate side before taking a leap of faith and becoming a franchisee. We discuss the step by step process he took to complete his first acquisition of 11 Penn Station locations. During our conversation we discuss how many locations he suggests owning to get to scale and how he decides which locations to purchase. Greg talks about the ups and the downs of running his restaurants and the systems he puts in place.

In this episode of The Financial Incline, I discuss the importance of cash flow planning throughout your lifetime. Having a strong plan in place for how you will allocate your excess cash and assets will play a big part in your financial plan and how you build lasting wealth. I also talk about the following considerations for cash flow planning: 1. Determine your priorities and timing for them 2. Creating a Bucketing Approach 3. Save for Retirement 4. Tax consequences

In this episode I share with you a recent webinar we presented called The Business Owner's Guide to Wealth. During the webinar we touched on 5 steps you can take when building your business or preparing to build your business. Those 5 steps include: - Setting goals for your business - How to determine the correct structure for your business - Business Retirement Plans - Steps to increase the value of your business - Who should you have on your team

In this episode, I talk with Dr. Lindsey Willoughby. Lindsey is the owner of East Orchard Dentistry, a Dental Practice in Northern Kentucky.

Lindsey acquired East Orchard Dentistry back in September of 2020 and has done a fantastic job, providing great service to her clients ever since.  

During our conversation we discuss what the process was for purchasing the practice and who she had on her team helping to facilitate the acquisition. We also discuss what steps Lindsey has taken to keep the practice operating successfully.

We hope you enjoy this episode and continue to follow us on The Financial Incline by subscribing to our channel.

In this episode, I talk with Griffin Hurd. Griffin is a CPA and partner at Brixey & Meyer who works within their transacation advisory group. Griffin helps buyers and sellers that are contemplating a transaction with the financial due diligence process.  

 Financial Due Diligence is much more extensive than simply evaluating a balance sheet and income statement. This process is intended to tell the story of the business to determine what that company is truly worth.   

Griffin dives into their process and walks through what do look for regarding a company's financials.

In this Edisode of the Financial Incline, we talk live with Phil Eleson about the process of buying a business. Phil is an experienced business broker who has bought and sold businesses in the past and helps his clients through this process.

During our discussion we talk about how Phil helps his clients find businesses to buy and where he markets his businesses for sale. We discuss how difficult it may be to find a business directly to buy and how long it takes to purchase a business.

Lastly Phil shares great insight into the trends he is seeing in the small and middle market around businesses that have been selling. He shares which industries have the most activity and what valuations we are currently seeing. Lastly, he shared some of the concerns facing business owners today.

In this Episode, we talk with Billy Wersel. Billy is a Vice President who manages a commercial banking team at First Financial Bank. Billy and his team work to provide a mutually beneficial interactive banking relationship for clients seeking a consultive hands on approach to banking.

During our conversation, Billy brings up great points on financing a business acquisition, what the bank looks for in their approval process, and how you can scale your business with lending.

On this episode we talk with Alex Burkhart about his journey as an entrepreneur. We discuss businesses he has started, sold, and currently runs, as well as successes and challenges he has met along the way.

From rising gas prices, to geopolitical conflicts, and consistently high inflation, this year has many investors concerned about the steep correction in the stock market. In this solo episode I will be discussing some moves you can make during these times of uncertainty.

This is a recording of the webinar I hosted about Tax Planning While Working & In Retirement

Jason is a serial entrepreneur Inc. 500 list maker, venture and real estate investor and co-founder of The Garage Group. Jason’s background was in the non profit space and he received a masters degree from Xavier University. Jason co-founded the garage group around 10 years ago and he has recently exited the company but continues to stay on to transition the business. Jason built TGG into a very successful company that helps large Fortune 500 companies innovate and grow like a startup. In our conversation today we discuss the entrepreneurial spirit and attributes that led to his success today. We discuss how he was able to grow and scale The Garage Group. The strategies he presents to Fortune 500 companies to create ideas. Lastly, we discuss his next chapter and how Jason approaches managing his wealth and different investments, what he looks for in a business he would buy and how he is finding opportunities to help startups. I hope you enjoy.

Books Recommended During this episode:

Millionaire Fastlane 

Buy Then Build

Capitalism.com 

Atomic Habits

Traction

The Slight Edge

Welcome to the Financial Incline, I am your host, John Bovard, on this sixth episode of this podcast, I am pleased to be here with Rocky Boiman. For those who are unfamiliar, Rocky is 8 year NFL veteran, Super Bowl champion, active community participant, husband and father. Being born and raised, in my very humble hometown of Cincinnati, Rocky is more than familiar with the importance of community and family. This episode, join us in listening to Rocky discuss and enlighten as with his experiences in high school and growing up in Cincinnati, playing as a captain linebacker at the university of Notre Dame, overcoming adversity and struggles throughout his NFL career, and finally transitioning from his position as a player in the NFL to his role within the sports media of the NFL. Thank you for listening.

Hello, welcome to the fifth episode of the Financial Incline, I am your host, John Bovard. Today, I am thrilled to joined by Ryan Hawk. Ryan is the founder and host of the Learning Leader show. A podcast that has been listened to by millions of people in more than 150 countries. Ryan is also an author, who wrote the book, "Welcome to Management, How to Grow from Top Performer to Excellent Leader". A book that Forbes magazine called, "the best leadership book of 2020". In addition, to podcasting and writing, he is regularly ask to speak on leadership and personal and professional development for large organizations. On today's episode, we discuss some lessons that he has learned from sports, his prioritization of his time, surviving the pandemic, and financial freedom. Enjoy.

Listen along as John Bovard discusses the tax hike proposals that are being discussed in Congress as we speak. These tax hikes are being proposed through the Infrastructure Bill that has been greatly debated over the past several months.  John discusses the impact these tax increases may have on the stock market and also what investments you can consider if the tax code changes.

Listen to John Bovard and Alex Allison as they discuss Alex’s background and all things starting and growing a business.  They will cover, the journey of a startup, parallels between entrepreneurship and sports, the acquisition of Dotloop by Zillow and how his new company, D. Alexander is changing the real estate world.