Andy and Jessica welcome you to another episode of The Deal Board Podcast. This time they are talking about getting ready for the post-closing transition; they bring a variety of interviews and experts on the show that will talk about some of the issues that can come immediately before closing or after closing.   Listing of the week: Andy Shah (Richmond) is selling a Beauty Brand Company based in Northern Virginia that has been in business for more than 20 years, listed at $10 million, a great opportunity for a buyer who wants to grow the business. They do everything in-house. Revenue of $1.5 to 2 million. Call Andy at (804) 894-0679 or email [email protected].   Key takeaways: [3:53] Russell Hollrah (Hollrah LLC) talks about his professional career. [5:26] What does Rusell see currently in the marketplace? [6:59] What might independent contractors not be doing right? [8:06] What are the best practices if you are an independent contractor? [9:17] How does a company get in trouble? [10:58] Russell talks about the penalties for violating an independent contractor agreement. [12:05] What does Rusell see in the near future as far as employers having to change their business models? [14:43] Russell talks about how his company can help companies stay protected. [16:01] Russell gives his advice to owners of businesses. [18:11] Deal of the week: Michael Shea (Central Florida) sold a 31-year-old healthcare staffing company based in Central Florida; the owner was about to close the business but ended up selling at $1.5 million, full-cash offer. [21:01] Jake Kent (Acquisition Lifeguards) talks about his professional career in IT. [24:28] Jake talks about the extent of work that The Acquisition Lifeguards cover. [25:28] When looking to roll up or buy other businesses, which company wins, the person with the better technology or the one that is bigger? [27:41] What is Jake looking for when he goes into a company? Jake gives advice even to small business people. [32:02] Jake gives tips for people thinking about selling or purchasing. [35:40] Listing of the week: Andy Shah (Richmond) is selling a Beauty Brand Company based in Northern Virginia that has been in business for more than 20 years, listed at $10 million. Revenue of $1.5 to 2 million. [38:20] Ken Greene, President of Greene Finance and Insurance, gives a little background about himself. [41:14] Ken talks about what is going to happen with the increased capital gains. [45:31] Ken admits no one has a crystal ball to predict what will happen in the stock market but gives his point of view about the current political and financial tendencies. [49:05] Small business people are being hurt by the current financial decisions. [50:25] Andy shares why it is now the best time ever to sell your business. [53:35] What is Ken telling his clients?   Mentioned in this Episode: The Deal Board Podcast Subscribe to The Deal Board Podcast YouTube Channel United Franchise Group Transworld Business Advisors Transworld on Linkedin Transworld on Facebook Call us — (888) 711-9018 Email us [email protected]   Hollrah LLC Call Rusell Hollrah at (202) 659-0878 or email [email protected] Contact Michael Shea at (321) 287-0349 or email [email protected] Acquisition Lifeguards Engineer of Finance Podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

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