How to Take Advantage of a Prosperous Business Environment

Transcript

Andy and Jessica welcome you to another episode of The Deal Board Podcast. Today they share their excitement about the future, with so many opportunities and businesses that are blossoming Transworld’s offices have been busier than ever. Andy and Jessica are diving deep into how owners and buyers can take advantage of the current prosperous environment.

Today, fifteen months after the pandemic began, we are all seeing a flourishing market and also noticing that many people are still struggling to get back to the pre-pandemic ways of making business. Wake up! The economy is booming, there are still plenty of credits and money on the streets, and there are a lot of opportunities waiting for you; this episode is filled with tips to ease your way back into the market while promoting a positive culture following the suggestions of today’s amazing guest, Kim Sweers.

Listing of the week: Aaron Fox (Boston) offers a unique deal! Thirty-five years ago the founder built a 32-room assisted living facility on a nonprofit basis; now he wishes to retire. During the closing process, this living facility will be converted into a for-profit business. Price: $2.3 million (business and profit included). Call Aaron at (781)773-8922 or email [email protected].

Key Takeaways

[4:00] Tip #1: Try new things.

[5:52] Tip #2: Differentiate your business by working hard.

[7:30] Tip #3: Get face-to-face.

[9:05] Tip #4: Know your stuff.

[11:39] Tip #5: Timing is everything.

[14:15] Tip #6: Seek out the performers in your desired industry and ask them questions.

[16:33] Tip #7: Be consistent and persistent.

[18:50] Tip #8: Communicate your goals.

[20:13] Tip #9: Be strategic.

[22:56] Don’t worry about failure or rejection; people are much more tolerant these days.

[26:05] Kim Sweers, from FB Marine Group, shares how she started and how she got to where she is today.

[30:29] Kim talks about what it takes to build a good culture.

[32:51] Tip #1 to build a positive culture: Be empathetic.

[33:40] Tip #2 to build a positive culture: Be transparent.

[35:02] Tip #3 to build a positive culture: Encourage your employees to make decisions.

[36:01] Tip #4 to build a positive culture: Training is a must.

[37:23] Kim talks about how business is now and what the plans are for the future.

[40:30] Kim shares how FB Marine group is giving back to the community.

[43:15] Deal of the week: Patrick Bombardiere (Colorado) sold a small landscaping and lawn business. Trade was done for the business; the buyer gave a house as payment.

[45:38] Listing of the week: Aaron Fox (Boston) offers a unique deal! Thirty-five years ago the founder built a 32 room assisted living facility on a nonprofit basis; now he wishes to retire. During the closing process, this living facility will be converted into a for-profit business. Price: $2.3 million.

Show Notes

Call Transworld Business Advisors at (888) 711-9018

Email The Deal Board at [email protected]

Call Aaron Fox at (781)773-8922 or email [email protected]

Mentioned in This Episode

• The Deal Board Podcast
• The Deal Board on Facebook
• The Deal Board on LinkedIn
• Subscribe to The Deal Board on YouTube
• Transworld Business Advisors
• United Franchise Group
• FB Marine Group
• Kim Sweers on LinkedIn
• Kim Sweers on YouTube