Clouser On Business

Succession plan applied.  Hear guest Frank Dane of B2B CFO wrap up a three part series on transition planning.  Guest recaps previous discussions.  Learn what documents you made need in the final stages.  Guest shares role of succession planning manager.  Dane shares a story from his transition planning experience. Recap of 5 steps to planning is recapped. Why it is important to keep buy-sell agreement current.  Listen the role of summary plan.  Dane shares other methods and plan documents. Hear some advice for those coming out of college about a career in accounting.

Lender role in a business succession plan is discussed.  Hear guest Mike Foresee, a bank vice president and relationship manager talk about how a lender participates in planning. Listen for key components a bank is looking for in the plan.  Foresee explains why a good relationship with lender is critical to process success.  Listen for who is on the planning team.  Foresee explains programs that are available and how they function. Revisit the 5 C’s of credit and why #character count. Hear why a succession plan might cause a  #loan #default.

Starting a business from the garage to the store shelf.  Hear guest Daniel Godfrey share about how he started Caldera International from his garage. Godfrey tells how after leaving @Nike he chose to go into business for himself.  Listen to hear how #perserverence plays a huge role in making a #start-up be successful.  Godfrey tells how he initially sold his product from a @Nissan pick-up truck.  Guest shares the WOW moment of receiving his first large order.  Hear how production went from the garage to #China and a domestic manufacturing facility.  Listen to how guest “went all in”  financially with the start-up.  Godfrey shares about his product line for #pet therapy in the #canine industry.

From Wall Street to Your Street.  Listen as guest Bob Bedritis shares about his business life on Wall Street versus life in a local firm.  Hear his analysis of life as compared to a three act play.  Hear what each act represents. Find what  propelled him to move his family to a different coast.  Bedritis shares how his […]

Business meeting life with guest Terence Chatmon CEO of FCCI.  Former Coca-Cola, Johnson & Johnson, Citbank executive shares on his life in business.  Learn who influenced him in his early business life. Hear how he helps others and find who helps him.  Chatmon shares on life balances and importance of family. Click here to see a sneak preview of his book coming in November 2016 about raising children.  Hear his thoughts on a good business trek for young business people.  Importance of a mentor in one’s life.  Hear about how FCCI’s internship program.

Why do banks have loan covenants?  Listen as guest Ryan Fraunfelder explains loan covenants and their use.  KeyBank executive shares what lenders are seeking in client financials.  Hear why cash is king.  Fraunfelder explains how lenders look at S-Corp distributions.  Key financial ratios are discussed.  Listen for why a strong balance sheet is important.  Guest shares why he enjoys banking and working with people.  Covenants-are they binders or benchmarks? How should a company use a line of credit.   Fiscal cycle financing.  Learn why your doctor and your lender may be similar in their thinking.

Hear innovative advise for business owners to stay the course.  Guest Bruce Varney discusses ways for business owners to keep focused.  Hear the importance of a mission and vision statement.  Varney gives practical advise on aligning operations with business plan.  Listen to a story about President John Kennedy and NASA.  Varney shares his approach when working with business owners. Measuring tools to use in a business are discussed.  Varney shares experiences of assisting business owners in different industries.  Listen to hear how food industry has played a major role in Varney’s career.

Conversation with Warrior Products owner Tom Richardson on a life in business.  Listen to why Richardson loves his business and his employees.  Hear how the guest has connected his love of cars to a fulfilling business. Richardson shares how he invests in his employees.  Richardson reflects on life balance and a career in business. Hear how the guest sees the business world today from an car perspective.  Secrets to maintaining employees and customers is discussed. Find how off-road racing and a love of cars keeps guest passionate about business. Listen to see where Warrior supplies old Jeep parts. A must listen if you enjoy business.

Listen to practical advise on building trust in leaders.  Guest Dan Corrigan aka ‘Corrigan from Oregon’,  gives practical tips on becoming a better leader.  Hear about behaviors that lead to trust.  What can one do to improve on listening and validating others?  Learn  keys on building character.  Corrigan shares about faith, family and finances.   Corrigan discusses how to determine priorities and the ways of successfully maintaining them.

Business Transitions.  Succession planning.  ESOPs. Sale of business. Mergers & Acquisitions.  Guest Frank Dane talks on implementation of the business transition plan.  Dane discusses why some plans fail while others are successful. Dane discusses tools needed and who should be on the transition team. Hear the role your CPA and other advisors play in the process.  Dane shares about his university teaching and working with students.