Phillip Williams, P&P Business Solutions (North Fulton Business Radio, Episode 523)
Because of his long banking career, Phillip Williams brings tremendous skills and insights through P&P Business Solutions to business owners seeking better profitability, access to capital, and a path to exiting their business successfully. In this interview with host John Ray, Phillip discussed the issues involved in getting a business ready for sale, how taxes and inflation might impact business owners over the next few years, the current market for business sales, and much more.
P&P Business Solutions
Established by Phillip Williams in 2015 to serve small business owners who are based in Metro Atlanta and St. Augustine, FL, P&P stands for Passion and Prosperity.
Generations of entrepreneurs like you have fueled the American Dream by their sheer passion to build businesses that, in turn, produced great prosperity.
Referrals from other professional service providers— including bankers, accountants, financial planners and attorneys —as well as satisfied customers fuel P&P Business Solutions. Yes, they champion entrepreneurial drive and enthusiasm, but countless examples from decades in banking prove that passion does not guarantee prosperity. Therefore, while helping you understand what your financials reveal about your company, P&P’s role is to uncover problems that are hindering your initiatives and to present opportunities that align with your goals.
Ultimately, their objective is to find viable solutions that enable you to be more profitable and stable, thereby fostering your prosperity.
Phillip Williams, CEPA, President, P&P Business Solutions
Throughout his 30-year commercial banking career, Phillip focused on the success of his commercial clients by expertly dissecting their financials and prudently advising them. Committed to his fiduciary role, Phillip established P&P Business Solutions to serve as a trusted advisor. After a long commercial banking career, he had the opportunity to work with hundreds of businesses and witnessed firsthand the key drivers that made his clients successful, as well as helping them avoid mistakes. This invaluable experience has provided the backbone for him to help you improve your business results today.
Guided by a passion for helping others, Phillip has spent many hours volunteering within his community. With a heart for serving, Phillip will prioritize your best interests above all else.
Questions and Topics in the Interview:
- When is a good time to sell my business?
- Is now a good time to sell my business?
- Why are business owners hesitant in selling their business?
- What’s the difference between a “lifestyle” business vs an “enterprise” business?
- Who would buy my business?
North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.
Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.
Special thanks to A&S Culinary Concepts for their support of this edition of North Fulton Business Radio. A&S Culinary Concepts, based in Johns Creek, is an award-winning culinary studio, celebrated for corporate catering, corporate team building, Big Green Egg Boot Camps, and private group events. They also provide oven-ready, cooked-from-scratch meals to go they call “Let Us Cook for You.” To see their menus and events, go to their website or call 678-336-9196.