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A podcast for business owners who are passionate about building long term, sustainable value in their businesses - and ultimately transitioning on their terms.The Maximize Business Value Podcast is hosted by Tom Bronson, CEO of Mastery Partners. Mastery Partners equips business owners to maximize business value so that they can transition on their terms. Check us out at masterypartners.com.
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In this week’s episode of Maximize Business Value, Tom dives into the complexities of taxation, working capital mechanics, and post-close liabilities during a business transition. Learn why it's essential to start planning for taxes far in advance, how working capital requirements work, and why post-close liabilities often stay with the owner. Tom …
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Chemistry 221 Video Lecture from October 9, 2024. This video covers material from Chapter 2 Part II of our textbook including fixed charge and variable charge metals, making ionic bonds, covalent bonds (nonmetal plus nonmetal), Coulomb's law, and more. CH 221 website: http://mhchem.org/221 Let me know if you have any questions! Peace!…
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Chemistry 221 Video Lecture from October 7, 2024. This video covers material from Chapter 2 Part I and Part II of our textbook including groups on the periodic table, the importance of nomenclature, allotropes, the seven diatomics, cations and anions, and more. CH 221 website: http://mhchem.org/221 Let me know if you have any questions! Peace!…
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Chemistry 221 Video Lecture from October 4, 2024. This video covers material from Chapter 2 Part I of our textbook including isotopes, the atomic weight of an element, the mole and Avogadro's number, molar mass, an introduction to the periodic table, and more. CH 221 website: http://mhchem.org/221 Let me know if you have any questions! Peace!…
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In this week’s episode of Maximize Business Value, Tom shares why you should never try to hide issues when selling your business. He explains the importance of full disclosure, using a real-life example of how being upfront about a negative Net Promoter Score saved his company millions of dollars during a sale. Tune in to learn why dealing with the…
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In this week’s episode of Maximize Business Value, Tom explores the benefits of becoming an avid reader and how reading business books can be just as valuable as getting an MBA. He shares his personal reading habits, how he integrates audiobooks into his daily routine, and why learning from the experiences of others can accelerate your success. Tun…
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In this week’s episode of Maximize Business Value, Tom encourages business owners not to be frugal when it comes to investing in their business's future. From business coaches to exit strategists, surrounding yourself with the right people can help uncover blind spots and boost your business’s value. Tune in to hear why making these investments is …
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In this week's episode of "Maximize Business Value," Tom dives into the importance of making a great first impression, especially when preparing your business for sale. Learn how the appearance of your facilities and the organization of your data can impact the perceived value of your business. A well-maintained environment doesn’t just attract buy…
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Greetings to the Fall 2024 Chemistry 221 class! This is a personal message from your instructor, Dr. Michael Russell.... welcome to this exciting term, and let me know if you have any questions! The best method to get in touch with me is through email: mike.russell@mhcc.edu Our CH 221 website: https://mhchem.org/221 Our Discord server for CH 221: h…
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Chemistry 221 Video Lecture from September 23, 2024. This video covers material from Chapter 1 of our textbook including a quick overview of the course, plus an introduction to "what chemistry is", the difference between elements and molecules, and more. CH 221 website: http://mhchem.org/221 Let me know if you have any questions! Peace!…
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In this week's episode of "Maximize Business Value," Tom addresses the difficult but essential task of documenting and sharing your business living-will. What would happen to your business if something unexpected happened to you? Tom introduces the concept of the "Green Box exercise," a practical approach to ensuring that your business and family a…
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In this week's episode of "Maximize Business Value," Tom discusses the importance of hiring a financial advisor or wealth management firm. Discover why waiting until after you sell your business is too late, and learn how these professionals can help you plan for your future, minimize tax consequences, and preserve your wealth. Tom also highlights …
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In this week's episode of "Maximize Business Value," Tom discusses the importance of finding the right M&A advisor, whether it be a broker or an investment banker. He explains their roles in selling a business, compares them to real estate agents, and emphasizes the necessity of thorough research to select a good advisor. Tune in to learn how the r…
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In this week's episode of "Maximize Business Value," Tom discusses Chapter 57: "Leverage the Knowledge of Your External CPA." Many business owners make the mistake of only consulting their accountants at tax time. However, a great CPA can serve as a surrogate CFO, offering invaluable advice on tax planning, exit planning, cost savings, and financia…
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In this week's episode of "Maximize Business Value," Tom discusses the importance of forming a board of advisors or joining an informal board organization. Being a business owner can be isolating, but having a group of trusted advisors can provide invaluable support and insights. Learn how an advisory board differs from a board of directors, the be…
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