Tag: Business

DNU
How To Create A Buy-Sell Agreement (Ep.16)

How To Create A Buy-Sell Agreement (Ep.16)

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One of the most important documents that a business owner should have is a buy-sell agreement which doesn’t seem to get a whole lot of attention.

In this episode, Jim McGovern shares a step-by-step process for creating a buy-sell agreement without losing out on the value of your business. He will give you tips on how to get started and keep your business protected.

Jim discusses:

  • What a buy-sell agreement is and why it is important
  • The basics of how a buy-sell agreement works
  • Why this agreement is better off being a standalone document
  • Four topics commonly addressed in a buy-sell agreement 
  • Five tips for creating a buy-sell agreement
  • And more

Resources:

Connect With McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 40:30 — 37.1MB) | Embed

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DNU
Knowing The Value of Your Business With Jason Early (Ep.15)

Knowing The Value of Your Business With Jason Early (Ep.15)

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98% of business owners don’t know the value of their business. Yet, most business owners are banking on the sale of their company someday to fund their retirement. 

In this episode, Jim McGovern talks with Jason Early, president of BizEquity, to discuss why you deserve to know the value of your business and what you can do with this information.

Jason discusses:

  • The importance of a business valuation
  • How often your business should have a valuation and how you can benefit from it
  • How inflation and interest rates are putting pressure on the value of a business
  • The time commitment and preparation needed for a business valuation
  • And more

Resources:

Connect With McGovern Wealth Group:

Connect With Jason Early:

About Our Guest:

After nearly a decade in financial services and technology/consulting, Jason joined BizEquity as CRO leading the sales, marketing, and customer success teams. As President, Jason partners with the leadership team to shape the vision and serve the team to deliver on BizEquity’s mission. Jason is the co-chair of Pavilion Philadelphia, and former board member of the American Ireland Fund, American College Alumni Board, and the Brian H. Early Foundation.

Podcast: Play in new window | Download (Duration: 34:19 — 31.4MB) | Embed

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