In today's episode, Shannon dives deep into the three major risks that can significantly impact any business. She explores the dangers of over-reliance on the owner, the pitfalls of over-concentration on particular clients, and the importance of being prepared for external market and industry risks. Get ready for practical advice that will help safeguard and grow your business. Remember, the insights shared are for educational purposes and not individual tax advice.   What you'll hear in this episode: 03:33 Owner dependence reduces business value drastically. 09:18 Assess external factors; identify risks and patterns. 10:26 Prepare for risks with contingency plans in business. 14:28 Identify main risks; take steps to mitigate.   If you like this episode, check out: <a href= "https://podcasts.apple.com/us/podcast/what-can-a-balance-sheet-reveal-about-your-business/id1580071347?i=1000661127835"> What Can a Balance Sheet Reveal About Your Business?</a> <a href= "https://podcasts.apple.com/us/podcast/navigating-tax-rules-for-digital-sales/id1580071347?i=1000660413548"> Navigating Tax Rules for Digital Sales</a> <a href= "https://podcasts.apple.com/us/podcast/what-should-you-track-in-your-books/id1580071347?i=1000658882843"> What Should You Track in Your Books?</a>   Want to learn more so you can earn more? CFO Power Session: <a href= "https://www.keepwhatyouearn.com/power-session-inquiry">https://www.keepwhatyouearn.com/power-sessions</a> Visit <a href= "http://keepwhatyouearn.com/">keepwhatyouearn.com</a> to dive deeper on our episodes Visit <a href= "http://keepwhatyouearncfo.com/">keepwhatyouearncfo.com</a> to work with Shannon and her team Watch this episode and more here: <a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ">https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ</a> Connect with Shannon on IG: <a href= "https://www.instagram.com/shannonkweinstein/">https://www.instagram.com/shannonkweinstein/</a>   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

<description>&lt;p dir="ltr"&gt;In today's episode, Shannon dives deep into the three major risks that can significantly impact any business. She explores the dangers of over-reliance on the owner, the pitfalls of over-concentration on particular clients, and the importance of being prepared for external market and industry risks. Get ready for practical advice that will help safeguard and grow your business. Remember, the insights shared are for educational purposes and not individual tax advice.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;What you'll hear in this episode:&lt;/p&gt; &lt;p dir="ltr"&gt;03:33 Owner dependence reduces business value drastically.&lt;/p&gt; &lt;p dir="ltr"&gt;09:18 Assess external factors; identify risks and patterns.&lt;/p&gt; &lt;p dir="ltr"&gt;10:26 Prepare for risks with contingency plans in business.&lt;/p&gt; &lt;p dir="ltr"&gt;14:28 Identify main risks; take steps to mitigate.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;If you like this episode, check out:&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/what-can-a-balance-sheet-reveal-about-your-business/id1580071347?i=1000661127835"&gt; What Can a Balance Sheet Reveal About Your Business?&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/navigating-tax-rules-for-digital-sales/id1580071347?i=1000660413548"&gt; Navigating Tax Rules for Digital Sales&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/what-should-you-track-in-your-books/id1580071347?i=1000658882843"&gt; What Should You Track in Your Books?&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Want to learn more so you can earn more?&lt;/p&gt; &lt;p dir="ltr"&gt;CFO Power Session: &lt;a href= "https://www.keepwhatyouearn.com/power-session-inquiry"&gt;https://www.keepwhatyouearn.com/power-sessions&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearn.com/"&gt;keepwhatyouearn.com&lt;/a&gt; to dive deeper on our episodes&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearncfo.com/"&gt;keepwhatyouearncfo.com&lt;/a&gt; to work with Shannon and her team&lt;/p&gt; &lt;p dir="ltr"&gt;Watch this episode and more here: &lt;a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ"&gt;https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Connect with Shannon on IG: &lt;a href= "https://www.instagram.com/shannonkweinstein/"&gt;https://www.instagram.com/shannonkweinstein/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.&lt;/p&gt;</description>

In today's episode, Shannon dives deep into the three major risks that can significantly impact any business. She explores the dangers of over-reliance on the owner, the pitfalls of over-concentration on particular clients, and the importance of being...

The Biggest Risks to a Business

In this episode, Shannon breaks down the essentials of valuing a business. She explains that a business’s worth goes beyond the numbers in the bank and dives into the importance of cash flow projections and managing risk.   Shannon emphasizes how the perception of a business's value can often outweigh complex financial formulas. She highlights the key factors that make a business enticing to buyers, from the certainty of income to minimizing risks. Whether looking to sell or just enhance value, listeners will gain valuable insights into creating a more reliable and valuable business.   What you'll hear in this episode: 03:23 Value is opportunity, not just current assets. 08:49 Reliance creates risk despite cashflow opportunities. 10:01 Lay a strong foundation for business certainty.   If you like this episode, check out: <a href= "https://podcasts.apple.com/us/podcast/why-you-should-get-financing-before-you-need-it/id1580071347?i=1000673142274"> Why You Should Get Financing Before You Need It</a> <a href= "https://podcasts.apple.com/us/podcast/maximize-profit-and-cash-flow-financial-priority/id1580071347?i=1000670153358"> Maximize Profit and Cash Flow (Financial Priority Formula Part 2)</a> <a href= "https://podcasts.apple.com/us/podcast/cash-management-strategies/id1580071347?i=1000658432578"> Cash Management Strategies</a>   Want to learn more so you can earn more? Download the Money Pro Matchmaker tool <a href= "http://www.moneypromatchmaker.com/">here</a> Visit <a href= "http://keepwhatyouearn.com/">keepwhatyouearn.com</a> to dive deeper on our episodes Visit <a href= "http://keepwhatyouearncfo.com/">keepwhatyouearncfo.com</a> to work with Shannon and her team Watch this episode and more here: <a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ">https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ</a> Connect with Shannon on IG: <a href= "https://www.instagram.com/shannonkweinstein/">https://www.instagram.com/shannonkweinstein/</a>   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

<description>&lt;p dir="ltr"&gt;In this episode, Shannon breaks down the essentials of valuing a business. She explains that a business’s worth goes beyond the numbers in the bank and dives into the importance of cash flow projections and managing risk.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Shannon emphasizes how the perception of a business's value can often outweigh complex financial formulas. She highlights the key factors that make a business enticing to buyers, from the certainty of income to minimizing risks. Whether looking to sell or just enhance value, listeners will gain valuable insights into creating a more reliable and valuable business.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;What you'll hear in this episode:&lt;/p&gt; &lt;p dir="ltr"&gt;03:23 Value is opportunity, not just current assets.&lt;/p&gt; &lt;p dir="ltr"&gt;08:49 Reliance creates risk despite cashflow opportunities.&lt;/p&gt; &lt;p dir="ltr"&gt;10:01 Lay a strong foundation for business certainty.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;If you like this episode, check out:&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/why-you-should-get-financing-before-you-need-it/id1580071347?i=1000673142274"&gt; Why You Should Get Financing Before You Need It&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/maximize-profit-and-cash-flow-financial-priority/id1580071347?i=1000670153358"&gt; Maximize Profit and Cash Flow (Financial Priority Formula Part 2)&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/cash-management-strategies/id1580071347?i=1000658432578"&gt; Cash Management Strategies&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Want to learn more so you can earn more?&lt;/p&gt; &lt;p dir="ltr"&gt;Download the Money Pro Matchmaker tool &lt;a href= "http://www.moneypromatchmaker.com/"&gt;here&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearn.com/"&gt;keepwhatyouearn.com&lt;/a&gt; to dive deeper on our episodes&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearncfo.com/"&gt;keepwhatyouearncfo.com&lt;/a&gt; to work with Shannon and her team&lt;/p&gt; &lt;p dir="ltr"&gt;Watch this episode and more here: &lt;a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ"&gt;https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Connect with Shannon on IG: &lt;a href= "https://www.instagram.com/shannonkweinstein/"&gt;https://www.instagram.com/shannonkweinstein/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.&lt;/p&gt;</description>

In this episode, Shannon breaks down the essentials of valuing a business. She explains that a business’s worth goes beyond the numbers in the bank and dives into the importance of cash flow projections and managing risk.   Shannon emphasizes...

How to Value a Business

Today, Shannon demystifies the intimidating process of IRS audits. Many fear audits, worrying about severe consequences like jail time, but Shannon is here to debunk these myths.   Using relatable analogies and real-world examples, she explains why audits are not as terrifying as they seem and clarifies the true role of IRS agents. Whether you're a seasoned entrepreneur or just starting out, this episode provides valuable insights and practical tips, empowering you to handle audits with confidence.   What you'll hear in this episode: 06:03 IRS audit requires detailed financial documentation. 08:07 Leave show review; okay back to findings. 12:28 IRS staff increases improved service quality. 16:08 Comprehensive resources bundle for new business owners.   If you like this episode, check out: <a href= "https://podcasts.apple.com/us/podcast/the-truth-about-tax-savings-and-strategies/id1580071347?i=1000673551476"> The Truth About Tax Savings and Strategies</a> <a href= "https://podcasts.apple.com/us/podcast/is-hiring-a-tax-strategist-for-you/id1580071347?i=1000672484103"> Is Hiring A Tax Strategist For You?</a> <a href= "https://podcasts.apple.com/us/podcast/simple-s-corp-salary-guide-for-beginners/id1580071347?i=1000670031087"> Simple S Corp Salary Guide for Beginners</a>   Want to learn more so you can earn more? Transform your small business journey – download the Small Business $tarter Kit <a href= "https://www.keepwhatyouearn.com/small-business-starter-kit/podcast"> here</a>. Visit <a href= "http://keepwhatyouearn.com/">keepwhatyouearn.com</a> to dive deeper on our episodes Visit <a href= "http://keepwhatyouearncfo.com/">keepwhatyouearncfo.com</a> to work with Shannon and her team Watch this episode and more here: <a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ">https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ</a> Connect with Shannon on IG: <a href= "https://www.instagram.com/shannonkweinstein/">https://www.instagram.com/shannonkweinstein/</a>   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

<description>&lt;p dir="ltr"&gt;Today, Shannon demystifies the intimidating process of IRS audits. Many fear audits, worrying about severe consequences like jail time, but Shannon is here to debunk these myths.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Using relatable analogies and real-world examples, she explains why audits are not as terrifying as they seem and clarifies the true role of IRS agents. Whether you're a seasoned entrepreneur or just starting out, this episode provides valuable insights and practical tips, empowering you to handle audits with confidence.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;What you'll hear in this episode:&lt;/p&gt; &lt;p dir="ltr"&gt;06:03 IRS audit requires detailed financial documentation.&lt;/p&gt; &lt;p dir="ltr"&gt;08:07 Leave show review; okay back to findings.&lt;/p&gt; &lt;p dir="ltr"&gt;12:28 IRS staff increases improved service quality.&lt;/p&gt; &lt;p dir="ltr"&gt;16:08 Comprehensive resources bundle for new business owners.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;If you like this episode, check out:&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/the-truth-about-tax-savings-and-strategies/id1580071347?i=1000673551476"&gt; The Truth About Tax Savings and Strategies&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/is-hiring-a-tax-strategist-for-you/id1580071347?i=1000672484103"&gt; Is Hiring A Tax Strategist For You?&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/simple-s-corp-salary-guide-for-beginners/id1580071347?i=1000670031087"&gt; Simple S Corp Salary Guide for Beginners&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Want to learn more so you can earn more?&lt;/p&gt; &lt;p dir="ltr"&gt;Transform your small business journey – download the Small Business $tarter Kit &lt;a href= "https://www.keepwhatyouearn.com/small-business-starter-kit/podcast"&gt; here&lt;/a&gt;.&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearn.com/"&gt;keepwhatyouearn.com&lt;/a&gt; to dive deeper on our episodes&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearncfo.com/"&gt;keepwhatyouearncfo.com&lt;/a&gt; to work with Shannon and her team&lt;/p&gt; &lt;p dir="ltr"&gt;Watch this episode and more here: &lt;a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ"&gt;https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Connect with Shannon on IG: &lt;a href= "https://www.instagram.com/shannonkweinstein/"&gt;https://www.instagram.com/shannonkweinstein/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.&lt;/p&gt;</description>

Today, Shannon demystifies the intimidating process of IRS audits. Many fear audits, worrying about severe consequences like jail time, but Shannon is here to debunk these myths.   Using relatable analogies and real-world examples, she explains...

The Truth About IRS Agents and Getting Audited

In today’s episode, Shannon dives deep into a crucial yet often overlooked aspect of business growth: authentic hiring. As the year wraps up and tax season approaches, the hiring landscape is more competitive than ever. Shannon shares strategies on how to showcase a company’s values in job descriptions, why it’s essential to market job posts effectively, and offers insider tips on attracting top talent. Whether you’re looking to hire bookkeepers, tax professionals, or media personnel, this episode will provide the tools needed to stand out in the crowded job market and find candidates who truly align with your company’s culture.   What you'll hear in this episode: 06:16 Hiring flexible, impact-driven bookkeeper for remote work. 07:58 Flexible, client-focused accounting work for life changes. 12:08 Authenticity matters in crafting job descriptions. 14:11 Articulate expectations and showcase implicit values effectively.   If you like this episode, check out: <a href= "https://podcasts.apple.com/us/podcast/managing-the-employee-expectation-gap/id1580071347?i=1000673823457"> Managing the Employee Expectation Gap</a> <a href= "https://podcasts.apple.com/us/podcast/how-to-keep-employees-loyal/id1580071347?i=1000665604951"> How to Keep Employees Loyal</a> <a href= "https://podcasts.apple.com/us/podcast/strategies-for-managing-remote-teams/id1580071347?i=1000662273930"> Strategies for Managing Remote Teams</a>   Want to learn more so you can earn more? Get $50 off your HR audit with People Principles by using code SHANNON50 <a href= "https://peopleprinciples.myflodesk.com/hraudit">here</a>. Visit <a href= "http://keepwhatyouearn.com/">keepwhatyouearn.com</a> to dive deeper on our episodes Visit <a href= "http://keepwhatyouearncfo.com/">keepwhatyouearncfo.com</a> to work with Shannon and her team Watch this episode and more here: <a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ">https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ</a> Connect with Shannon on IG: <a href= "https://www.instagram.com/shannonkweinstein/">https://www.instagram.com/shannonkweinstein/</a>   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

<description>&lt;p dir="ltr"&gt;In today’s episode, Shannon dives deep into a crucial yet often overlooked aspect of business growth: authentic hiring. As the year wraps up and tax season approaches, the hiring landscape is more competitive than ever. Shannon shares strategies on how to showcase a company’s values in job descriptions, why it’s essential to market job posts effectively, and offers insider tips on attracting top talent. Whether you’re looking to hire bookkeepers, tax professionals, or media personnel, this episode will provide the tools needed to stand out in the crowded job market and find candidates who truly align with your company’s culture.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;What you'll hear in this episode:&lt;/p&gt; &lt;p dir="ltr"&gt;06:16 Hiring flexible, impact-driven bookkeeper for remote work.&lt;/p&gt; &lt;p dir="ltr"&gt;07:58 Flexible, client-focused accounting work for life changes.&lt;/p&gt; &lt;p dir="ltr"&gt;12:08 Authenticity matters in crafting job descriptions.&lt;/p&gt; &lt;p dir="ltr"&gt;14:11 Articulate expectations and showcase implicit values effectively.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;If you like this episode, check out:&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/managing-the-employee-expectation-gap/id1580071347?i=1000673823457"&gt; Managing the Employee Expectation Gap&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/how-to-keep-employees-loyal/id1580071347?i=1000665604951"&gt; How to Keep Employees Loyal&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/strategies-for-managing-remote-teams/id1580071347?i=1000662273930"&gt; Strategies for Managing Remote Teams&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Want to learn more so you can earn more?&lt;/p&gt; &lt;p dir="ltr"&gt;Get $50 off your HR audit with People Principles by using code SHANNON50 &lt;a href= "https://peopleprinciples.myflodesk.com/hraudit"&gt;here&lt;/a&gt;.&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearn.com/"&gt;keepwhatyouearn.com&lt;/a&gt; to dive deeper on our episodes&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearncfo.com/"&gt;keepwhatyouearncfo.com&lt;/a&gt; to work with Shannon and her team&lt;/p&gt; &lt;p dir="ltr"&gt;Watch this episode and more here: &lt;a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ"&gt;https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Connect with Shannon on IG: &lt;a href= "https://www.instagram.com/shannonkweinstein/"&gt;https://www.instagram.com/shannonkweinstein/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.&lt;/p&gt;</description>

In today’s episode, Shannon dives deep into a crucial yet often overlooked aspect of business growth: authentic hiring. As the year wraps up and tax season approaches, the hiring landscape is more competitive than ever. Shannon shares strategies on...

Authentic Hiring: Showcase Your Values

In this episode, host Shannon Weinstein chats with Jill Simonds from Savvy Strategic Partners about building value while growing a business.   They cover the importance of human and social capital, efficient processes, and maintaining company values to ensure customer loyalty and retention. Jill offers strategies on mitigating risks, strategic partnerships, and the significance of a strong business culture. By the end, listeners will gain insights into institutionalizing intellectual property, fostering a positive internal culture, and achieving sustainable growth.    Jill is founder/CEO of Savvy Strategic Partners, a full-service fractional C-Suite executing vision, increasing business value, and helping founder owners realize freedom. Savvy serves business owners with an experienced collective of outsourced executive leaders across the functions of operations, revenue, and finance.   Website: <a href= "https://savvystrategicpartners.com/">https://savvystrategicpartners.com/</a>    What you'll hear in this episode: 04:56 Offer continuation programs to increase client loyalty. 08:08 Intangible relationships reduce risk for investors. 12:32 Focus on intangibles for a thriving business. 14:52 Superficial metrics overshadow deeper values in business. 16:21 Analogies clarify business concepts using body examples. 21:57 Human capital enhances revenue growth and efficiency. 23:22 Vision clarity and unity are crucial for success. 26:12 Customer loyalty deficit negatively impacting company revenue. 30:19 Delegating tasks opens opportunities for business growth.   If you like this episode, check out: <a href= "https://podcasts.apple.com/us/podcast/what-entrepreneurs-need-to-know-about-tax-deductions/id1580071347?i=1000674271507"> What We Learned From "Un-Scaling" This Year</a> <a href= "https://podcasts.apple.com/us/podcast/3-ways-to-become-a-better-small-business-customer/id1580071347?i=1000671763116"> 3 Ways to Become a Better Small Business Customer</a> <a href= "https://podcasts.apple.com/us/podcast/dont-make-this-huge-mistake-with-goal-setting/id1580071347?i=1000670919263"> Don't Make This Huge Mistake with Goal Setting</a>   Want to learn more so you can earn more? 5-Day Financial Mindset Refresh: <a href= "https://www.keepwhatyouearn.com/5-day-financial-mindset-refresh/podcast"> https://www.keepwhatyouearn.com/refresh</a> Visit <a href= "http://keepwhatyouearn.com/">keepwhatyouearn.com</a> to dive deeper on our episodes Visit <a href= "http://keepwhatyouearncfo.com/">keepwhatyouearncfo.com</a> to work with Shannon and her team Watch this episode and more here: <a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ">https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ</a> Connect with Shannon on IG: <a href= "https://www.instagram.com/shannonkweinstein/">https://www.instagram.com/shannonkweinstein/</a>   The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.

<description>&lt;p dir="ltr"&gt;In this episode, host Shannon Weinstein chats with Jill Simonds from Savvy Strategic Partners about building value while growing a business.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;They cover the importance of human and social capital, efficient processes, and maintaining company values to ensure customer loyalty and retention. Jill offers strategies on mitigating risks, strategic partnerships, and the significance of a strong business culture. By the end, listeners will gain insights into institutionalizing intellectual property, fostering a positive internal culture, and achieving sustainable growth. &lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Jill is founder/CEO of Savvy Strategic Partners, a full-service fractional C-Suite executing vision, increasing business value, and helping founder owners realize freedom. Savvy serves business owners with an experienced collective of outsourced executive leaders across the functions of operations, revenue, and finance.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Website: &lt;a href= "https://savvystrategicpartners.com/"&gt;https://savvystrategicpartners.com/&lt;/a&gt; &lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;What you'll hear in this episode:&lt;/p&gt; &lt;p dir="ltr"&gt;04:56 Offer continuation programs to increase client loyalty.&lt;/p&gt; &lt;p dir="ltr"&gt;08:08 Intangible relationships reduce risk for investors.&lt;/p&gt; &lt;p dir="ltr"&gt;12:32 Focus on intangibles for a thriving business.&lt;/p&gt; &lt;p dir="ltr"&gt;14:52 Superficial metrics overshadow deeper values in business.&lt;/p&gt; &lt;p dir="ltr"&gt;16:21 Analogies clarify business concepts using body examples.&lt;/p&gt; &lt;p dir="ltr"&gt;21:57 Human capital enhances revenue growth and efficiency.&lt;/p&gt; &lt;p dir="ltr"&gt;23:22 Vision clarity and unity are crucial for success.&lt;/p&gt; &lt;p dir="ltr"&gt;26:12 Customer loyalty deficit negatively impacting company revenue.&lt;/p&gt; &lt;p dir="ltr"&gt;30:19 Delegating tasks opens opportunities for business growth.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;If you like this episode, check out:&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/what-entrepreneurs-need-to-know-about-tax-deductions/id1580071347?i=1000674271507"&gt; What We Learned From "Un-Scaling" This Year&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/3-ways-to-become-a-better-small-business-customer/id1580071347?i=1000671763116"&gt; 3 Ways to Become a Better Small Business Customer&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/dont-make-this-huge-mistake-with-goal-setting/id1580071347?i=1000670919263"&gt; Don't Make This Huge Mistake with Goal Setting&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Want to learn more so you can earn more?&lt;/p&gt; &lt;p dir="ltr"&gt;5-Day Financial Mindset Refresh: &lt;a href= "https://www.keepwhatyouearn.com/5-day-financial-mindset-refresh/podcast"&gt; https://www.keepwhatyouearn.com/refresh&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearn.com/"&gt;keepwhatyouearn.com&lt;/a&gt; to dive deeper on our episodes&lt;/p&gt; &lt;p dir="ltr"&gt;Visit &lt;a href= "http://keepwhatyouearncfo.com/"&gt;keepwhatyouearncfo.com&lt;/a&gt; to work with Shannon and her team&lt;/p&gt; &lt;p dir="ltr"&gt;Watch this episode and more here: &lt;a href= "https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ"&gt;https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ&lt;/a&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Connect with Shannon on IG: &lt;a href= "https://www.instagram.com/shannonkweinstein/"&gt;https://www.instagram.com/shannonkweinstein/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.&lt;/p&gt;</description>

In this episode, host Shannon Weinstein chats with Jill Simonds from Savvy Strategic Partners about building value while growing a business.   They cover the importance of human and social capital, efficient processes, and maintaining company...

Building Value in Your Business While Growing with Jill Simonds

Keep What You Earn is a podcast for entrepreneurs of all levels to use their financial information as a source of inspiration rather than intimidation. Your host, Shannon Weinstein, is a CFO, CPA and business mentor with a knack for simplifying the complex concepts of money into everyday examples and analogies you can actually understand. Join Shannon and her guests as we unlock new growth strategies, tax tips and mindset shifts so you can scale your business with confidence.

[Disclaimer: Any opinions, recommendations, and tips offered on this podcast or other social media forums do not constitute individual tax or accounting advice. This content is designed to provide education and awareness about financial topics and responsibility for the benefit of the general public. Please consult a professional before implementing any of the suggestions made by Shannon or Keep What You Earn Co.]

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