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Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Jan 24, 2018

In Episode Ten Justin shares the love... we’re talking about appreciating your employees... the people that support you. You need to have sound values and good business culture.

Love People and Used Things - put simply, happy employees work better. And employees that work better help your business grow. Justin gives examples of bad business practices that will result in people becoming demotivated or even leaving a business. Learn about the different ways business owners can show appreciation, increase happiness, and productivity, which translates to increasing the appeal of your business to potential future buyers.

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TRANSCRIPTStrong Owner-Employee Relations Add Value at the Sale of Your Business – #10

 

TIME INDEX:

00:32 - Love People and Used Things

01:54 - Values and Culture

04:38 - How to improve Values and Culture

10:30 - How to identify Poor Values and Culture

10:43 - How much Employee Turn-Over do You have?

12:17 - Lip Service

15:29 - Greed

18:08 - Example of Good Values

19:42 - The difference between Good and Bad Values

20:15 - How to build Good Values

23:20 - In Conclusion

For more in-depth reading about this podcast series, pick up a copy of Justin's new book: The Ultimate Sale
https://financiallysimple.com/order/

 

USEFUL LINKS:

The David Dao Incident - https://en.wikipedia.org/wiki/United_Express_Flight_3411_incident

Financially Simple – https://financiallysimple.com

Financially Simple on YouTube - https://www.youtube.com/c/FinanciallySimple

 

DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.