Staying on Track

Thinking about selling your business someday? Whether that timeline is two years away or still a distant idea, understanding the exit process early can make a massive difference in the value of your company and the success of the transition. In this episode of Staying on Track, Jason Beisel, CFP® and founder of DayMark Wealth Partners, sits down with special guest JT Harp, President and CEO of Transworld Business Advisors in Greater Cincinnati, to discuss what business owners should know before taking their company to market.

Together, they break down the real-world process of selling a small to mid-sized business—from valuation to buyer negotiations—and share insights that many owners don’t discover until it’s too late.

In this episode, we discuss:

• How business owners can determine what their company is truly worth
• The role of a business advisor or broker in the selling process
• Common mistakes owners make when preparing to sell their business
• How confidentiality is maintained when a company goes to market
• What buyers are really looking for in small and mid-sized businesses
• Why planning your exit strategy years in advance can dramatically increase value
• The importance of assembling the right advisory team before a sale

For many entrepreneurs, their business represents the largest financial asset they’ll ever own. This conversation provides practical insights and expert guidance to help business owners maximize value, protect their legacy, and prepare for what life looks like after the sale.

If selling your business is even a remote possibility in the future, this episode will help you start thinking about the process today—so when the time comes, you’re fully prepared. Tune in and stay on track.  

Thinking about selling your business? Whether your goal is freedom, legacy, or a fresh start, your next move could be one of the most important financial decisions you’ll ever make. In this episode of Staying on Track, Jason Beisel, CFP® and founder of DayMark Wealth Partners, walks through the 11 essential questions every business owner should ask before planning their exit — and how the answers can shape your future both financially and personally.

 In this episode, you’ll learn:

• How to determine your company’s true value — and why different buyers may see it differently.
• What to expect when selling to competitors, private equity, or strategic partners — and how each can impact your team.
• The pros and cons of earnouts and why timing matters.
• Smart ways to reduce taxes and maximize your after-sale proceeds.
• How to protect confidentiality during negotiations.
• What your life after the sale could look like — and how to plan for it intentionally.

Why listen:

If you’re planning to sell your business in the next five to seven years — or just want to be prepared for when opportunity knocks — this episode offers real-world insights, practical strategies, and candid advice to help you make confident, informed decisions.

What if your child could grasp the value of a dollar before they hit their teens? In this episode of Staying on Track, brought to you by DayMark Wealth Partners, Certified Financial Planners Jason Beischel and Justin Fitchko dive into one of the most important life skills we can pass on: financial literacy for kids. Whether you're a parent of toddlers or teenagers, this episode will arm you with smart, age-appropriate ways to teach your children about money—without the lectures or eye-rolls.

Here’s what we cover in this insightful episode:

• Building Early Financial Habits: Tools and tips like the “Spend-Save-Give” bucket method, allowance apps, and paying “interest” to incentivize saving.
• Making Money Lessons Fun and Engaging: From Monopoly to the Cash Flow game, discover playful and natural ways to introduce money concepts through everyday life.
• Fostering Independence and Responsibility: Learn how to encourage smart decision-making, delayed gratification, and entrepreneurial thinking from a young age.

Why this episode matters:

This isn’t just a conversation—it’s a toolbox. You’ll walk away with actionable ideas that can help instill lifelong financial habits in your kids, encourage independence, and spark their interest in managing money wisely. Whether you're struggling with impulse spending at Target or want your child to understand investing basics, this episode is packed with tips to help.

In this episode of Staying on Track, we dive into one of the most challenging aspects of financial and life planning — supporting aging parents while managing your own busy life. Host Jason is joined by Ken Phelan, owner and president of Sterling Nursing Services, who shares invaluable insights from his experience providing skilled, in-home healthcare.

If you’re part of the Sandwich Generation — those balancing care for children and aging parents — this episode is a must-listen.

Topics Covered:

• The Sandwich Generation: Challenges of balancing care for both children and aging parents.
• Understanding In-Home Care Options: From non-medical aids to skilled nursing services.
• Creating a Care Plan: Practical steps to identify family point people and coordinate responsibilities.
• Benefits of Professional Care: Enhancing quality of life and extending lifespan by staying at home.
• Proactive Planning: Identifying risks, adjusting homes for safety, and ensuring consistent communication with healthcare providers.
• Emotional Aspects: Respecting parents’ wishes, communicating effectively, and making compassionate decisions.

Whether you're already navigating this complex terrain or preparing for the future, you'll walk away with practical advice and actionable strategies to help your loved ones live comfortably and safely.

Tune in and empower yourself to confidently face the challenges of caregiving.

Welcome to Staying on Track, the podcast dedicated to helping you master your financial future with expert insights, real-life stories, and actionable advice from the team at de Mark Wealth Partners. In this episode, we’re diving into our first 11 episodes—a rich collection of guidance designed to empower you at every stage of your financial journey.

Here’s what you can expect in this episode:

A quick recap of key insights from each episode, such as:

• Navigating the Sandwich Generation: Managing dual financial plans for aging parents and young children.
• Intentional Giving: Aligning charitable contributions with your passions and financial goals.
• Planning for the Unexpected: Preparing financially for life’s curveballs like Black Swan events.
• Money Matters in Marriage: Building financial harmony with your partner.
• Franchising 101: Turning your entrepreneurial dreams into reality with actionable tips.
• Empowering Independence: Tools and inspiration for thriving in the face of disabilities.

Do you or a loved one face challenges with vision loss? Whether you’re supporting aging parents, budgeting, or planning for future needs, the journey can be overwhelming. In this special episode of Staying on Track, brought to you by Daymark Wealth Partners, we dive into the essentials of managing finances while navigating vision loss, with insights from professionals at the Cleveland Sight Center. From tools for independent living to critical planning strategies, this episode offers valuable takeaways for anyone aiming to make informed financial and lifestyle choices.

We are thrilled to introduce two incredible guests who bring unique expertise and heartfelt perspectives to today's discussion.

First, we have Dr. Natalie Rackus, a clinic director and optometrist at the Cleveland Sight Center, specializing in vision loss and its emotional impact. With years of experience helping individuals and families navigate the challenges of living with low vision, Dr. Rackus offers invaluable insights into fostering resilience and independence.

Joining her is Megan Schaefer, the Director of Communications at the Cleveland Sight Center. Megan has dedicated her career to empowering individuals with disabilities to achieve financial freedom, ensuring they have the tools and strategies to thrive.

In this episode, we cover:

• Expert insights on recognizing early signs of vision loss and taking action
• How assistive technology can empower independence in daily activities and financial management
• Essential planning tips to support loved ones with vision impairment, including budgeting and bill management
• The importance of involving family members in transparent financial planning discussions
• Practical advice on estate planning, securing necessary documents, and including trusted individuals in your support network

Whether it’s learning about accessible technology or gaining peace of mind in financial organization, this episode empowers you to take charge. Don’t miss this journey toward independence and security for visually impaired individuals and their families.

Welcome to Staying on Track, the podcast that empowers you to take control of your financial future and beyond. Brought to you by DayMark Wealth Partners, we're here to guide you through the exciting world of money management, investments, and smart financial planning.

In this episode, we dive into the challenges and opportunities of college life, featuring a panel of current students who share their real-life experiences and insights. Whether you're a student yourself or just curious about the modern college journey, this episode is packed with valuable information.

In This Episode, We Cover:

• Networking for Success: Learn how current students are leveraging their college experiences to build professional connections and how you can start networking early.
• Social Media Savvy: Discover how students are using social media to their advantage and the impact of digital communication on professional relationships.
• Balancing Act: Explore strategies for managing the academic and social aspects of college life while preparing for a future career.
• Job Search Tips: Hear firsthand how students are navigating the job market, including advice on leveraging connections and crafting standout applications.

This episode offers practical advice and insider tips that can help you or your loved ones make the most of the college experience and prepare for a successful career. From networking strategies to balancing fun with academics, you’ll gain insights that can set you up for success.

Tune in now to get inspired and stay on track towards financial empowerment and professional success.

Welcome to Staying on Track, the podcast dedicated to helping you take control of your financial future, brought to you by DayMark Wealth Partners. Get ready to dive into the exciting world of money management, investments, and smart financial planning. This episode, hosted by Jason Beischel, founder of DayMark Wealth Partners and a certified financial planner, tackles a topic that hits close to home for many: college finances.

College is a time of exploration and learning, but it also presents financial challenges and decisions that can shape your future. Join us as we delve into the financial realities of higher education, from choosing a major to managing money and preparing for a financially secure future.

Key Points:

• Choosing a Major:
• Statistics on how frequently students change majors.
• The rising cost of college education and its financial impact.
• The issue of student debt and its long-term consequences.
• Managing College Finances:
• Personal stories from college students about selecting their majors.
• Strategies for managing money while in college.
• Balancing academics, athletics, and personal finances.
• Expert Insights:
• Jason Beischel shares his expertise on financial planning for students.
• Real-life success stories and practical advice for financial empowerment.
• Discussion on the importance of making informed financial decisions during college.

Practical Value:

Listeners will gain:

• Inspiration from student stories on navigating financial challenges.
• Motivation to take control of their finances during and after college.
• Expert insights into effective financial planning and management.
• Practical advice on balancing academics, athletics, and personal finances.

Don't miss out on this engaging and informative episode that delves deep into the financial complexities of college life. Tune in to Staying on Track and take a step towards financial empowerment and prosperity. Thanks for tuning in, and let's get started!

Welcome to Staying on Track, the podcast dedicated to helping you take control of your financial future. Brought to you by DayMark Wealth Partners, we guide you through the exciting world of money management, investments, and smart financial planning. This episode, we delve into family financial planning with expert guests, real-life success stories, and actionable ideas.

In this episode, host Jason Beischel, founder of DayMark Wealth Partners, and certified financial planner Justin Fitchko, share their insights on planning for your family's financial future. Learn how to set goals, prioritize investments, and ensure financial security for your loved ones.

Episode Highlights:

• Goal Setting for Families: Discover the importance of intentional goal setting and practical tips on involving your partner in financial discussions.
• Education Planning: Understand the rising costs of education and how to prepare with tools like 529 plans and education funding gap analysis.
• Investment Priorities: Learn the best strategies for building your financial pyramid, from cash reserves to retirement accounts and beyond.
• Life Insurance: Get expert advice on choosing the right life insurance policy to protect your family and ensure peace of mind.
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Key Takeaways:

• Inspiration and Motivation: Hear real-life stories and tips to inspire you to take control of your financial planning.
• Expert Insights: Gain valuable insights from experienced financial planners on goal setting, investment strategies, and insurance planning.
• Practical Advice: Get actionable advice on how to prioritize your savings and investments to secure your family's financial future.

Join us on this financial journey towards empowerment and prosperity. Tune in to Staying on Track and let's get started!

Join us on "Staying on Track," where we embark on a journey to honor the bravery and sacrifices of the Greatest Generation. In this special episode, we pay tribute to Edward Collins and his fellow servicemen who served during World War II, reflecting on their extraordinary experiences and celebrating the enduring legacy they left behind.

In this episode, we:

• Hear firsthand accounts of life during World War II from Edward Collins, a proud veteran who served on the USS San Jacinto.
• Explore the challenges and triumphs faced by the Greatest Generation as they navigated through one of the most pivotal periods in history.
• Gain insights into the courage, resilience, and camaraderie that defined the men and women who served during World War II.
• Reflect on the impact of their sacrifices on shaping the world we live in today.
• Discover valuable life lessons and perspectives on discipline, family, and gratitude from Edward Collins and his remarkable journey.

Join us in expressing our deepest gratitude to Edward Collins and all the heroes of the Greatest Generation as we honor their service and sacrifice. Together, let's celebrate their extraordinary legacy and ensure that their stories are never forgotten.

For more inspiring stories and practical financial advice, visit our website at www.daymarkwealthpartners.com.

Thank you for listening. Stay tuned for more episodes of "Staying on Track," dedicated to empowering you on your path to financial prosperity.