This episode of North GA Business Radio is dedicated to our Veterans who have served and continue to serve this great nation of ours! We THANK YOU for your selfless service!
Wars are won by an abundance of counselors. Proverbs 24:6
Business owners and executives, here’s a question to ponder! Who, other than yourself, is looking out for you and your business?
We all need counselors — especially when you are a business owner. For instance, every business needs an outstanding accountant, excellent legal counsel, marketing magicians, sales specialists, and bankers — just to name a few! So, how do we keep them all on the same page and working together for our business’s betterment and smooth operation?
J.D. Mealor joins host Phil Bonelli today for another great conversation about making business work BETTER, especially in these turbulent times, and how gathering everyone for a “Roundtable Advisory and Consulting Meeting” makes all the difference.
HINT: The winds of change are blowing hard and fast. The advice dropped in this show could literally help change how well your business performs in 2024 and beyond!
Key Take Aways:
- Discover the power of a Roundtable Advisory meeting to accelerate your business success.
- Unlock the benefits of a roundtable approach and tap into valuable insights for growth.
- Learn how to coordinate your advisors effectively to drive your business forward.
- Navigate economic challenges with expert advice and make informed decisions for your business.
- Harness the power of the roundtable to gain a competitive edge and fuel your business growth.
Action Items:
- Consider creating a roundtable advisory meeting for your business by gathering all your advisors, including your accountant, attorney, banker, insurance person, and marketing advisor, to discuss your business goals and strategies.
- Place a picture of your logo in front of everyone at the roundtable meeting to keep the focus on YOUR business.
- Ensure there are no assumptions at the roundtable by clearly communicating your expectations and goals to all advisors.
- Have your CPA and banker work together to align financial and tax strategies to maximize your business’s financial performance and loan opportunities.
- Include a CFO on staff or external to drive the conversation and ensure accountability at the roundtable meetings.
- Discuss long-term plans for your business, such as exit strategies, succession planning, or buy-sell agreements, with your roundtable advisors to ensure all aspects are considered and coordinated.
- Consider paying your advisors for their time to attend roundtable meetings, as it can provide valuable insights and collaboration.
Connect with Phil Bonelli:
https://www.facebook.com/Hopewell-Farms-GA-105614501707618/
https://www.instagram.com/hopewellfarmsga/
https://www.hopewellfarmsga.com/
