Scaling a Roofing Business: From Chuck in a Truck to Building a Legacy
Realizing Your Wealth
At E-Wealth Partners, we believe in bringing practical conversations to business owners navigating real-world challenges. That’s the goal of the Realize Your Wealth Podcast—bringing in trusted voices from our network to help you build, grow, and protect what you’ve worked hard to create. In This Episode I sat down with Rosalynn Verges, founder of Refinery, a coaching firm focused on helping roofing companies grow from solo operators to scalable businesses. Rosalynn shares the five key growth stages roofing companies experience, the most common pitfalls at each stage, and how...
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Estate Planning for Business Owners with Matt Jensen of Fafinski Mark & Johnson, P.A.
Realizing Your Wealth
Introduction At E-Wealth Partners, we believe in making the insights and knowledge of our network accessible to our clients and the broader business community. This is why we launched the Realize Your Wealth Podcast. Through this platform, we aim to bring valuable conversations with industry leaders directly to you, helping you navigate the complexities of business ownership and financial planning. In This Episode I sat down with Matt Jensen, an estate planning attorney with Fafinski Mark & Johnson, P.A., to discuss critical estate planning considerations for business owners. Matt brings...
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Navigating SBA Loans with Ann Franklin of Scale Bank
Realizing Your Wealth
Show Notes Introduction At E-Wealth Partners, we believe in making the insights and knowledge of our network accessible to our clients and the broader business community. This is why we launched the Realize Your Wealth Podcast. Through this platform, we aim to bring valuable conversations with industry leaders directly to you, helping you navigate the complexities of business ownership and financial planning. In This Episode I sat down with Ann Franklin, SBA Lending Specialist at Scale Bank, to discuss the ins and outs of SBA loans. Ann provides a detailed breakdown of how these loans work,...
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Separating Strategy from Planning with Chris von Dohlen
Realizing Your Wealth
Introduction At E-Wealth Partners, we believe in making the insights and knowledge of our network accessible to our clients and the broader business community. This is why we launched the Realize Your Wealth Podcast. Through this platform, we aim to bring valuable conversations with industry leaders directly to you, helping you navigate the complexities of business ownership and financial planning. In This Episode I sat down with Chris von Dohlen to discuss the critical aspects of strategy for business owners. Chris is founder of The Von Collaborative. We cover how to define strategy,...
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Take Control of Your Accounting with Becky Lewis of All in One Accounting
Realizing Your Wealth
Introduction At E-Wealth Partners, we believe in making the insights and knowledge of our network accessible to our clients and the broader business community. This is why we launched the Realize Your Wealth Podcast. Through this platform, we aim to bring valuable conversations with industry leaders directly to you, helping you navigate the complexities of business ownership and financial planning. In This Episode I sat down with Becky Lewis, a partner at All in One Accounting, to discuss the critical aspects of managing finances for business owners. We delved into the evolution of...
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Exit Strategy with Caleb Schmidt of Duco Capital
Realizing Your Wealth
In This Episode I sat down with Caleb Schmidt, a partner at Duco Capital, to discuss the role of private equity in business acquisitions and why it matters to business owners today. Why This Conversation Matters As more business owners consider selling, understanding private equity's role becomes essential. This episode aims to clarify what private equity is and how it operates, providing practical insights for business owners contemplating an exit strategy. Episode Highlights Understanding Private Equity: We start by breaking down the basics of private equity, explaining what it is and the...
info_outlineIn This Episode
I sat down with Caleb Schmidt, a partner at Duco Capital, to discuss the role of private equity in business acquisitions and why it matters to business owners today.
Why This Conversation Matters
As more business owners consider selling, understanding private equity's role becomes essential. This episode aims to clarify what private equity is and how it operates, providing practical insights for business owners contemplating an exit strategy.
Episode Highlights
Understanding Private Equity: We start by breaking down the basics of private equity, explaining what it is and the different types of private equity buyers. Caleb details the distinctions between funded and unfunded models and their implications for business owners.
Leadership Transitions: Caleb shares how Duco Capital focuses on leadership transitions, targeting lower middle-market manufacturing companies. We discuss the importance of having a strong network of CEOs and leaders ready to step in, ensuring business continuity during the transition period.
Due Diligence and Deal Structuring: The due diligence process is critical. Caleb explains what business owners can expect, from initial financial assessments to the various stages of due diligence. We also cover how deals are structured, including cash considerations, seller’s notes, and earn-outs, and why specialized M&A attorneys are crucial.
Valuation Factors: Caleb outlines the key factors that drive business valuation, such as recurring revenue, strong leadership, and operational efficiencies. We discuss how industry-specific knowledge and comparable transactions influence multiples.
Post-Acquisition Life: Transitioning out of a business can be challenging. Caleb talks about what life looks like after a sale, particularly when a new CEO is brought in. He explains how Duco Capital ensures smooth transitions, aligning the interests of all stakeholders for long-term success.
Key Takeaways for Business Owners
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Do Your Homework on Private Equity Buyers: Not all private equity groups are the same. Business owners need to understand the different types of private equity and conduct thorough due diligence on potential buyers.
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Prepare for Leadership Transition: If considering retirement or stepping back, having a solid plan for leadership transition is essential. Partnering with a firm experienced in this process can make a significant difference.
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The Importance of Specialized Legal Advice: Engaging an M&A attorney who specializes in business sales can ensure a smooth transaction and help navigate the legal complexities.
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Focus on Value Drivers: Understanding what drives value in your business can help maximize its sale price. Key factors include recurring revenue, operational efficiencies, and strong leadership.
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Aligning Interests Post-Acquisition: Ensuring that all parties' interests are aligned post-acquisition is crucial for success. This includes having the right leadership and deal structures that incentivize long-term goals.
Conclusion
This episode provides valuable insights for business owners considering an exit strategy. Caleb’s practical advice and deep understanding of private equity offer clear guidance. Whether you are just starting your exit planning or refining your strategy, this conversation is packed with useful information.
Enjoy the episode and be sure to follow Caleb Schmidt and Duco Capital for more updates and insights.
If you’re a business owner looking to understand how selling your business to private equity can impact your personal financial plan — Schedule a Free Discovery Call.
Our expertise in wealth management and financial planning is tailored to help you navigate the complexities before, during, and after a sale. Reach out to us to start the conversation and ensure your financial future is secure.
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