BAMM-IT: All Things Business

Employees leave leaders, not companies is all about positional power vs. personal power; attentive listening and how you pass on negatives.

Another succinct leadership lesson from our friend, Bill Kelley, former Grove Park Inn operations manager and now management consultant with Peridot Business Group, LLC.

What is it like to suddenly become a business owner? We asked that question of Johanna Lopez, DDS, who recently bought an existing dental practice in Hendersonville, NC. Johanna has been a dentist for four years and as of September, is also now a new business owner. As part of our continuing series, we learn about her background (from El Salvador), history, and why she chose dentistry. Johanna tells us about the process of buying a business; the challenges, surprises and what advice she would give to others who are considering buying an existing business.

Host John Michael Kledis, EA, CFE, CVA of Peridot Consulting Inc. provides this rundown of lesser known tax strategies that may help you save on your taxes. From 1202 stocks to 338 Transfers to 1031 Exchanges, these can save you in real estate transactions, buying stock in a brewery or if you're considering buying or selling your business. In addition, there are medical tax saving strategies, retirement strategies, and things you can do when selling your home that can also save you on your taxes.

Bonus episode from Bill Kelley, long time Operations Director of four star resort, Grove Park Inn located in Asheville, NC: How do we tactfully respect other people's opinions who think differently than us? Bill is here to tell us in this pithy podcast.

This week's podcast features an interview with owner and founder, Travis LeJune of Dolo Digital based in Asheville, NC. Travis founded Dolo in June 2018 and since then has been rapidly growing. Travis is originally from Houston, Texas and reloacted to Asheville 4 years ago. After working with a local firm, he and others started their own. In this podcast we discuss the challenges and rewards, his advice to others entering this career field and what he feels the future holds.

In the world of marketing, everyone knows Branding but do they really? What is it? What is the difference between creating a logo from a template company vs. branding? We sat down with a true branding design professional, Alyssa Phillips, owner of Amp'd Designs to find out. She discusses the stereotypes and challenges of branding for small businesses. Learn about Alyssa's design background, what got her started and about her process for working with companies. You'll find that it's more involved than you think.

Meet Dave Brauner, a retired FEMA professional, lawyer and material equipment handler who is now living and working in the gig economy putting together his experiences, skills and contacts to define work on this terms. Dave started his career many years ago in the traditional method. He would have never dreamed of living and working the way he does today but he loves it. Listen to this episode as he discusses the challenge, rewards and the advice he offers to other non-retiring boomers.

What is the gig economy? Meet Bill. He works in the gig economy. Actually, he lives the gig economy. Bill is from New York and was a property manager before deciding to chuck it all and move to Asheville. Here, instead of going back into the traditional work life, he decided to do it his way and to get paid doing what he loves as well as using his prior experiences to supplement his income in other ways. In this interview, Bill discusses his new work life, how he got started and advice to those of you considering a non-traditional approach to earning an income.

In this season we decided to do interviews with professionals and owners in various types of businesses. In each we ask similar questions -

• How did they get into their business?
• What is a day or week like in their business?
• What are the stereotypes or myths people have about their business?
• What are the challenges, rewards, pros and cons?
• What advice would they give to someone thinking about entering their business?
• How has technology impacted their business and more...

In this episode we begin with real estate: New reality tv shows featuring the real estate business in major US cities have captured the attention of viewers. The glam, the marketing, the prices... they will wow you. The realtors look like models who appear to be living the lux life. Let's get real. There are over 1 million realtors in the US and in Asheville, NC, you run into a realtor everywhere. What is the business really like? We talked to a Commercial Broker and a Residential Broker to get the facts.

Join us on this podcast with Emily Dresback of Dewey Properties (Commercial) and with Megan Shook of Mosaic Realty (Residential) who are full-time real estate professionals as they break down the stereotypes, challenges, rewards and reality of being a realtor.

• Do you want to sell your business?
• Sell your interest (your share) in a business?
• Thinking of seeking capital?
• Want to merge your business with another?
• Just plain curious?

All of these questions are addressed in this week's podcast featuring John Michael Kledis, a certified valuation analyst with Peridot Consulting. He is here to explain what is involved, how long it takes and what you can do with a valuation once you have it.