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A Year-End Message from Bill McDermott, Host of ProfitSense

December 21, 2022 by John Ray

A Year-End Message from Bill McDermott, Host of ProfitSense
North Fulton Studio
A Year-End Message from Bill McDermott, Host of ProfitSense
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A Year-End Message from Bill McDermott, Host of <i>ProfitSense</i>

A Year-End Message from Bill McDermott, Host of ProfitSense (ProfitSense with Bill McDermott, Episode 40)

In a year-end message, Bill McDermott. host of ProfitSense thanked listeners and guests for joining him in 2022.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and business owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion, and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Bill McDermott, profitability coach, Profitability Coach Bill McDermott, ProfitSense, ProfitSense with Bill McDermott, The Profitability Coach, year end

Richard Grove, Wall Control, David Walens, Exploring, Inc., and Christopher Allen, Valet Oil Changes

December 16, 2022 by John Ray

Richard Grove, Wall Control, David Walens, Exploring, Inc., and Christopher Allen, Valet Oil Changes
North Fulton Studio
Richard Grove, Wall Control, David Walens, Exploring, Inc., and Christopher Allen, Valet Oil Changes
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Richard Grove, Wall Control, David Walens, Exploring, Inc., and Christopher Allen, Valet Oil Changes

Richard Grove, Wall Control and Small Business Consultant, David Walens, Exploring, Inc., and Christopher Allen, Valet Oil Changes (ProfitSense with Bill McDermott, Episode 39)

On this episode of ProfitSense, host Bill McDermott welcomed three accomplished business leaders. Richard Grove, Wall Control, discussed his company’s leading position in high quality wall-based organization systems and how Wall Control is navigating the current economic environment. David Walens shared Exploring, Inc.’s integration of virtual reality in what they offer clients and the importance of culture to his company’s success. Finally, Christopher Allen talked about how he started Valet Oil Changes and the bright growth prospects he sees for his business. Bill closed the show with a warning on “red light” words your bank may use that you need to understand.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Wall Control

The Wall Control story began in 1968 in a small tool & die shop just outside Atlanta, Georgia. The first of three generations began their work in building a family-based US manufacturer with little more than hard work and the American Dream.

Over the past 50+ years, this family business has continued to grow and expand from what was once a small tool & die shop into an award-winning US manufacturer of products ranging from automobile components to satellite panels and now, the best wall-mounted tool storage system available today, Wall Control.

The Wall Control brand launched in 2003 and is a family-owned and operated business that not only produces a high-quality American Made product but sees the entire design, production, and distribution process happen under their own roof in Tucker, Georgia. Under that same roof, three generations of American Manufacturing are still hard at work creating the best tool storage products available today.

Company website | Facebook | Instagram | LinkedIn | Twitter

Richard Grove, COO, Wall Control and Small Business Consultant

Richard Grove, COO, Wall Control and Small Business Consultant

Richard Grove’s background is in engineering but what he enjoys most is brand building through relationships and creative marketing. Richard began his career with the Department of Defense as an engineer on the C-5 Galaxy Engineering Team based out of Warner Robins. While Richard found this experience both rewarding and fulfilling, he always knew deep down that he wanted to return to the small family business that originally triggered his interest in engineering.

Richard came to work for the family business, Dekalb Tool & Die, in 2008 as a Mechanical Engineer. At the time Wall Control was little more than a small ‘side hustle’ for Dekalb Tool & Die to try to produce some incremental income. There were no “Wall Control” employees, just a small warehouse with a single tool and die maker that would double as an “order fulfillment associate” on the occasion that the original WallControl.com website, which Richard’s grandmother built, pulled in an order.

In 2008, it became apparent that for the family business to survive they were going to have to produce their own branded product at scale to ensure jobs remained in-house and for the business to continue to move forward. Richard then turned his attention from tool and die to Wall Control to attempt this necessary pivot and his story with Wall Control began. Since that time, Richard has led Wall Control to significant growth while navigating two recessions.

Outside of Richard’s work at Wall Control he enjoys helping other business owners, operators, and entrepreneurs along their own paths to success by offering personal business coaching and advising through his website ConsultantSmallBusiness.com. Richard has developed an expansive and unique skillset growing and scaling Wall Control through a multitude of challenges to the successful brand and company it is today. Richard is happy to share his knowledge and experience with others who are looking to do the same within their own businesses.

Instagram | Twitter | LinkedIn | Richard’s Website

Exploring, Inc.

Exploring is the parent company of several unique, trailblazing Atlanta-based companies. Our companies span a range of industries, from the exhibit and event industry to hospitality, commercial, retail, architectural, automotive, museum, and other markets. What each Exploring company has in common, however, is a ceaseless focus on discovering truly innovative solutions and value for clients. In fact, that focus is what we look for when adding new companies to the Exploring family.

Exploring, Inc employs almost 200 employees and operates in 3 locations including a 151,000 square-foot fabrication facility providing a uniquely wide scope of capabilities and supported by a highly experienced, versatile and talented team of metal fabricators, sculptors, artists, carpenters, painters and printers. The rapidly growing company was founded in 1999 and includes ID3 Group, Chisel 3D, Atlantis Waterjet, Brumark, Shelmarc Carpets, and Exploring Graphics. Exploring has been named to the Inc. 500 / 5000, Inc. magazine’s annual list of the fastest-growing private companies in America 6 times – in 2009, 2010, 2011, 2014, 2016 and 2018.

Website | LinkedIn | Facebook | Instagram

David Walens, CEO, Exploring, Inc

David Walens, CEO, Exploring, Inc

Dave Walens is CEO of Exploring, Inc., the parent company of several unique, trailblazing Atlanta-based companies supporting the event, tradeshow, experiential, entertainment and flooring industries.

Dave Walens is also Co-Founder of Exploring Digital, a new creative studio, content creation and technology company. As a new reality company, Exploring Digital develops unique projects in VR, AR, FX, virtual production and the metaverse including it’s latest product launch of Megaverse, an immersive, haptic integrated, free walking, multi person VR experiential Theater with on-Demand VR content.

Dave has over 30 years of experience in developing and growing businesses. His ability to think creatively yet strategically and his unwavering commitment to customer service are a true differentiator. He has extensive experience in exhibit design and construction, event fabrication, graphic production, flooring production and project management. This experience, combined with in-depth industry knowledge and expertise, enables Dave to assist companies in reaching their strategic marketing objectives as efficiently and effectively as possible.

David is also a strong advocate within the industry through membership and involvement with associations and local and national charities such as: Experiential Designers and Producers Association Foundation Chair, Experiential Designers and Producers Association (EDPA) Executive Board Member for seven years, EDPA Board Member from 2004 – 2013 • EDPA Ambassador of the Year – 2007, Exhibit 4 Smiles Executive Committee Member, Exhibition Services & Contractors Association Member, Exhibitor Appointed Contractor Association (EACA) Member, International Association of Exhibitions & Events (IAEE) Member, Atlanta Convention and Visitors Bureau Member • KSU Entrepreneurship Center Executive Advisory Council, KSU Foundation – Trustee and Athletic Board, Cobb Chamber – Board Member, CEO Netweavers – Current President, HBN Foundation – Board member, Fashion Institute of Technology Advisory Board.

Several Exploring, Inc. Projects are: Van Gogh – The Experience Harry Potter the Exhibition Hamilton the Exhibition Great Wolf Lodge – MN, IL, GA Pirates Show – Pigeon Forge (currently in Dollywood and in Branson, MO) Lumberjack Show – Pigeon Forge (Dollywood) Disney Play Areas Sotheby’s Exhibition Headline News Super Bowl Cartoon Network – Rick and Morty Ron Clark Academy Super Bowl.

LinkedIn

Valet Oil Changes

Valet Oil Changes is an onsite oil change company. Saving busy people their valuable time by bringing the oil change to them. They service individuals throughout the Atlanta area + Roswell, Alpharetta, Johns Creek, Norcross. And serving Fleets and Offices in the same areas + an expanded area including Cumming.

Company website | Facebook | Instagram | LinkedIn | Twitter

Christopher Allen, Founder and CEO, Valet Oil Changes

Christopher Allen, Founder and CEO, Valet Oil Changes

Christopher started off in corporate America when he was 23. In two years he went from entry level to managing two departments with 80 direct employees. He learned not only how to work with and support employees, but also to trust his judgement. Leaving that role, he started a short lived insurance agency – learning a ton of great lessons along the way.

He went to work at a chemical manufacturer in Atlanta, handling chemical waste treatment and shipping, and while he was there he started a luxury bathing salts company called Salt Sins, targeting spas and resorts with custom blended scents. He moved from the plant into outside sales as the Southeastern Regional Sales manager. And held that role for 4 years, until starting Valet Oil Changes in December 2021.

LinkedIn

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and business owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion, and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Bill McDermott, Christopher Allen, David Walens, Exploring Inc, profitability, profitability coach, Profitability Coach Bill McDermott, ProfitSense, ProfitSense with Bill McDermott, Richard Grove, The Profitability Coach, Valet Oil Changes, Wall Control

Focus on these Four Primary Aspects of Your Business as You Plan for 2023, with Bill McDermott, Host of ProfitSense

December 6, 2022 by John Ray

Looking Back and Looking Ahead, with Bill McDermott, Host of ProfitSense
North Fulton Studio
Focus on these Four Primary Aspects of Your Business as You Plan for 2023, with Bill McDermott, Host of ProfitSense
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Looking Back and Looking Ahead, with Bill McDermott, Host of <i>ProfitSense</i>

Focus on these Four Primary Aspects of Your Business as You Plan for 2023, with Bill McDermott, Host of ProfitSense

In this commentary from a recent episode of ProfitSense, Bill lays out four vital aspects of their business which owners should zero in on as they plan for 2023:  people issues (staffing), strategy, execution, and cash.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Bill’s commentary was taken from this episode of ProfitSense.

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Bill McDermott, business strategy, planning for 2023, profitability, profitability coach, Profitability Coach Bill McDermott, ProfitSense, ProfitSense with Bill McDermott

Adam Bardi, Bardi Heating, Cooling, Plumbing, and Heather Fleming, MST

November 30, 2022 by John Ray

Adam Bardi, Bardi Heating, Cooling, Plumbing and Heather Fleming, MST
North Fulton Studio
Adam Bardi, Bardi Heating, Cooling, Plumbing, and Heather Fleming, MST
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Adam Bardi, Bardi Heating, Cooling, Plumbing and Heather Fleming, MST

Adam Bardi, Bardi Heating, Cooling, Plumbing, and Heather Fleming, MST (ProfitSense with Bill McDermott, Episode 38)

On this episode of ProfitSense, host Bill McDermott welcomed two outstanding business leaders. Adam Bardi, Owner and CEO of Bardi Heating, Cooling, Plumbing, talked about growth and scaling a business, attracting talent, and more. Heather Fleming, Business Development Manager at MST, discussed the hot topics in accounting right now, what brought her back to the workforce, and more. Bill closed the show with a commentary on four crucial issues all business owners need to consider as they look ahead to 2023.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Bardi Heating, Cooling, Plumbing

Bardi Heating, Cooling & Plumbing has served the greater Atlanta area since 1989, specializing in expert solutions for residential communities. We are family-owned, and we invoke our core values- honesty, family, respect, and a positive attitude in every professional project we obtain.

Website | Facebook | Twitter | Instagram

Adam Bardi, Owner & CEO, Bardi Heating, Cooling, Plumbing

Adam Bardi, Owner & CEO, Bardi Heating, Cooling, Plumbing

Adam Bardi is many things: loving husband to his wife Heather, Girl Dad of two beautiful daughters, and the proud Owner/CEO of Bardi Heating, Cooling, and Plumbing. Adam has several primary influences that he credits to making him a successful entrepreneur. The first being family. Growing up as a First Generation American, Adam learned the importance of work ethic and the privilege of pursuing the American Dream. Adam’s father instilled important values in him.

Adam believes that being reared by an entrepreneur was the key to his success because he saw first-hand what it takes to be successful. Sports also heavily influenced Adam. As an avid sports fan and former athlete, sports taught Adam how to be a team player and the power of collective action.

He believes that Bardi is the best home service company to work for in Atlanta because of its employees. Adam loves being an entrepreneur because it gives him the ability to provide opportunity. For Adam, it’s not just about the success of his company, it’s about changing lives.

LinkedIn

MSTiller LLC (“MST”)

MSTiller LLC (“MST”) celebrates its 66th anniversary this year. The Firm has 4 offices, 3 located in Georgia and 1 in New York. They have over 130 staff members serving clients in a variety of industries. MST is noted by Accounting Today as a “Firm to Watch”, ranked as one of the “Top 25 Accounting Firms” by Atlanta Business Chronicle and ranked by The Atlanta Journal-Constitution as “Top Work Places”.

What makes them different? They advocate for their clients continuously. Their clients view them as problem solvers and trusted advisors that anticipate issues and planning opportunities. They believe that their client service approach is what truly defines their firm. Resources and experience are meaningless without a desire to use those tools to help organizations achieve their goals. MST’s client service approach can best be described as hands-on, proactive and ongoing. They aim to be involved beyond the year-end services. Their client relationships typically are for the long-term, often extending over decades and the continuity of these client relationships is the ultimate testament to their service approach.

MST specializes in serving closely held and privately-owned businesses ranging in size from $10 million to over $300 million in revenue. Their services are composed of a broad range of audit, tax and strategic consulting matters. They have substantial experience in serving as the outside accountant for a wide range of growth and mature professional service providers.

Additionally, MST is a member of the Moore Global network of firms, which provides them immediate access to industry expertise from similar firms throughout the United States and internationally.

Website | LinkedIn | Facebook | Twitter

Heather Fleming, Business Development Manager, MST

Heather Fleming, Business Development Manager, MST

Heather Fleming is a Business Development Manager with MST and has helped get this new practice at the firm up and running over the last year and a half. Heather started her professional career at SunTrust Bank in 1998 as a part of their Commercial Banking Training Program. After finishing the training program and working with a commercial banking team in Lawrenceville, she was named a Relationship Manager in 2000. She worked with privately held companies in Gwinnett County as their main point of contact and advocate at SunTrust Bank.

She joins the MST team with a great understanding of the financial world and how to connect with local business owners in the Atlanta market. Her goal is to help businesses determine what accounting services match their strategic or compliance needs and connect them with the partner and team that is going to be best for them and their team.

In her free time, she is raising 3 teenagers, is on the board for a couple non profit organizations, gives back to her community through her membership in YMSL and NCL with her kids, teaches Sunday School to high school girls and enjoys working out at a local CrossFit gym.

LinkedIn

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and business owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion, and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Accounting, Adam Bardi, Bardi Cooling Heating Plumbing, Bill McDermott, Business Development, Family Business, Heather Flemming, mst, profitability, profitability coach, Profitability Coach Bill McDermott, ProfitSense, ProfitSense with Bill McDermott, The Profitability Coach

How Businesses Can Prepare for a Recession, with Bill McDermott, Host of ProfitSense

November 28, 2022 by John Ray

How Businesses Can Prepare for a Recession
North Fulton Studio
How Businesses Can Prepare for a Recession, with Bill McDermott, Host of ProfitSense
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How Businesses Can Prepare for a Recession

How Businesses Can Prepare for a Recession, with Bill McDermott, Host of ProfitSense

In this commentary from a recent episode of ProfitSense, Bill lays out several ways businesses can prepare for a recession, one being to create a financial scorecard.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Bill’s commentary was taken from this episode of ProfitSense.

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Bill McDermott, economy, financial scorecard, Profitability Coach Bill McDermott, ProfitSense, ProfitSense with Bill McDermott, recession

Ben Gibson, JP Morgan Chase, Jonathan Holmes, Mighty 8th Media, and John Marsh, Bristol Group

November 15, 2022 by John Ray

Ben Gibson, JP Morgan Chase, Jonathan Holmes, Mighty 8th Media LLC, and John Marsh, Bristol Group
North Fulton Studio
Ben Gibson, JP Morgan Chase, Jonathan Holmes, Mighty 8th Media, and John Marsh, Bristol Group
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Ben Gibson, JP Morgan Chase, Jonathan Holmes, Mighty 8th Media LLC, and John Marsh, Bristol Group

Ben Gibson, JP Morgan Chase, Jonathan Holmes, Mighty 8th Media, and John Marsh, Bristol Group (ProfitSense with Bill McDermott, Episode 37)

On this episode of ProfitSense, host Bill McDermott welcomed three distinguished business advisors. Ben Gibson, JP Morgan Chase, described the satisfaction he gets in helping business owners achieve their goals. Jonathan Holmes, Mighty 8th Media, discussed branding and marketing, while John Marsh shared how he helps business owners successfully sell their companies through his work at Bristol Group.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

JP Morgan Chase

For over 200 years, JPMorgan Chase & Co has provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world.

Today, they’re a leading global financial services firm with operations servicing clients in more than 100 countries.

Whether they are serving customers, helping small businesses, or putting their skills to work with partners, they strive to identify issues and propose solutions that will propel the future and strengthen both their clients and their communities.

Website | LinkedIn | Facebook 

Ben Gibson, Executive Director, JP Morgan Chase

Ben Gibson, Executive Director, JP Morgan Chase

Ben Gibson is a Relationship Executive in the Middle Market Banking Group covering the Georgia Middle Market. Ben utilizes the expansive JPMorgan Chase product platform to companies with annual revenues from $20 million to $100 million, offering cash management, credit, investment banking, international banking and wealth management and an array of other solutions.

Ben has 20+ years of banking experience and is responsible for relationship management, new business development and delivering the firm’s solutions locally with his Georgia-based clients.

Ben is a Magna Cum Laude graduate and 40 under 40 awarded alum of Georgia State University. He is married with children and his hobbies include reading, listening to music and watching movies and sports.

Ben is actively involved in the Metro Atlanta community as a member of the Executive Committee of the German American Cultural Foundation and Treasurer of OaksAtl, an affordable housing nonprofit focused in the Vine City and English communities, and serves on the finance committee of Atlanta Westside Charter School.

LinkedIn

Mighty 8th Media LLC

Headquartered in the heart of historic Buford, GA, Mighty 8th is an award-winning, nationally recognized marketing and creative agency. Founded in 2005 by industry veterans Jonathan Holmes and Bradley Sherwood, Mighty 8th has become synonymous with producing powerful campaigns that drive business and make a lasting impact. The agency provides everything from strategy and creative development to website design and broadcast production for local, national and international clients across a variety of industries, including Alta Refrigeration, ClearStar, Consolidated Banking Services, Emory University, Gwinnett County Public Schools, Hyster Company, MegaSlab, Pinnacle Bank, Porter Steel, Primus Builders and Reeves Young and State Road Tollway Authority (Peach Pass).

Website | LinkedIn | Facebook | Twitter | Instagram

Jonathan Holmes, Managing Partner, Mighty 8th Media LLC

Jonathan Holmes, Managing Partner, Mighty 8th Media LLC

Jonathan Holmes is co-founder and Managing Partner / CFO of Mighty 8th, a full-service marketing and creative agency. The agency was founded in 2005 and has grown to be an Inc 5000 –  top 50 Marketing Agencies in Atlanta, Atlanta Business Chronicle 2017 & 2018.  His agency has been awarded Best Places to Work in Atlanta, 2013, 2014, 2015 and 2019 and a Best Places to Work in Georgia, Top 10, 2010 and Top 3, 2016.

Jonathan is a highly trained professional in accounting, non-profit operations, marketing, web and strategic planning with over 35 years of hands-on experience in revenue growth, organizational development, brand repositioning and entrepreneurial start-ups.

He is a native South Carolinian and graduate from the University of South Carolina. A 2018 Graduate of Leadership Gwinnett and 2022 LG Alumni Chair, having lived in Gwinnett for 21 years, Gwinnett is his “hometown”. He is an avid supporter helping to make Gwinnett Great as a growing county to lead the Atlanta Metro Region supporting a diverse population. He currently serves as Board Chair of Artworks Gwinnett, Most recently through his leadership efforts, Artworks has undertaken a Master Plan for Gwinnett’s Creative Economy – growing the Arts, Entertainment and Technology sector as an economic engine for Gwinnett.

He is a Board Member of the Gwinnett Chamber, Board Member Gwinnett Parks Foundation, an Advisor / Investor in Partnership Gwinnett, and a Chairman’s Club member of the Gwinnett Chamber. He also serves on the Board of Visitors of Georgia Gwinnett College and the Georgia Gwinnett College Foundation Development Committee. Most recently, he was appointed as a Board member of Pinnacle Bank based in Elberton, GA.

LinkedIn

Bristol Group

John’s firm is a Mergers and Acquisitions Advisory and business brokerage practice. They assist business owners in the process of successfully transitioning business ownership. As M&A advisors, they represent the interest of their clients and guide them through the complex process of selling or buying a business.
The team overthan 75 years of experience structuring transactions for business owners, individual buyers, private equity groups, and corporate acquirers. The nationwide network produces some of the best business opportunities and investments for people looking to buy a business.
The firm is affiliated with the Bristol Group. The Bristol Group has seventeen Business Brokers and Mergers and Acquisition Advisors across the United States.
Website | Facebook | LinkedIn

John Marsh, Founder, Bristol Group

John Marsh, Founder, Bristol Group

John is a successful cross-functional executive with experience leading and strengthening finance, accounting, and operations organizations. He has held a variety of executive roles including CFO, VP of Supply Chain and Planning, and EVP of Finance and Operations during his 17-year career. In those roles, John served as an integral part of the leadership team that scaled a medical device company and sold it to a private equity firm for 161M. John led integration efforts and was a part of due diligence on all of the companies acquisitions.

John started his career with the accounting firm, Ernst and Young in Atlanta, GA, and has worked with both start-ups and a large private equity-owned medical device manufacturer. He leverages his significant mergers and acquisition experience to help entrepreneurs successfully transition business ownership.

John graduated from the University of Georgia with a BBA in Accounting and holds an MBA from Kennesaw State University. He currently lives in Sandy Springs, with his wife and two daughters.

LinkedIn

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and business owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion, and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Ben Gibson, Bill McDermott, Bristol Group, business broker, buying a business, creative agency, financial advising, JP Morgan Chase, marketing, Mighty 8th Media LLC, Profit Sense, Profitability Coach Bill McDermott, ProfitSense with Bill McDermott, The Bristol Group, The Profitability Coach

How To Transition From Employee to Owner, with Bill McDermott, Host of ProfitSense

October 4, 2022 by John Ray

Owner
North Fulton Studio
How To Transition From Employee to Owner, with Bill McDermott, Host of ProfitSense
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How To Transition From Employee to Owner, with Bill McDermott, Host of ProfitSense

In this commentary from a recent episode of ProfitSense, Bill lays out the differences between an employee and owner, and the four things owners should be focused on.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Bill’s commentary was taken from this episode of ProfitSense.

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Bill McDermott, buying a company, employee to owner, owners, ProfitSense, starting a company, The Profitability Coach

Donna Beatty, Frazier & Deeter, and Robert Stephens, CFO Navigator

September 23, 2022 by John Ray

CFO Navigator
North Fulton Studio
Donna Beatty, Frazier & Deeter, and Robert Stephens, CFO Navigator
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CFO Navigator

Donna Beatty, Frazier & Deeter, and Robert Stephens, CFO Navigator (ProfitSense with Bill McDermott, Episode 36)

Donna Beatty, Tax Partner with Frazier & Deeter, and Robert Stephens, Managing Partner of CFO Navigator, were Bill McDermott’s guests on this episode of Profit Sense with Bill McDermott. Donna provided timely advice about taxes, new laws, and advice for business owners. Robert Stephens talked about how he helps businesses as a financial guide, how he speaks about both accounting and business, the advice he gives his clients on the current economy, and much more.

Bill closed the show with a commentary on how to transition from employee to owner.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Frazier & Deeter

Frazier & Deeter is a full-service accounting and consulting firm with Georgia offices in mid-town Atlanta and in Avalon in Alpharetta, GA. Additionally they have offices in other states and in London, England. Frazier & Deeter is a member of the top 50 CPA firms in America.

Website | LinkedIn |Facebook | Instagram

Donna Beatty, Tax Partner, Frazier & Deeter

Donna Beatty, Tax Partner, Frazier & Deeter

As a Partner in Frazier & Deeter’s Tax practice, Donna Beatty brings a wealth of professional tax and accounting knowledge to the firm. Her experience encompasses providing comprehensive tax planning, review, advisory, and compliance services to closely held businesses, high net-worth individuals, and professional services groups. She has extensive expertise consulting with small businesses on financial software and has worked with clients in industries that include real estate, construction, manufacturing & distribution, retail, professional services, technology, entertainment, and family-owned businesses. Donna specializes in helping law firms and real estate investment groups with complex tax matters. Her expansive industry knowledge allows Donna to provide background insight in an evolving market; she has successfully represented clients with the Internal Revenue Service in Washington, D.C.

Donna prides herself on solid professional relationships with clients and thrives on learning and fulfilling her client’s needs and expectations. Until 1994, she was a Principal at the firm before moving to become a partner at a small local accounting firm.

Professional & Civic Organizations:

American Institute of Certified Public Accountants (AICPA),  Georgia Society of Certified Public Accountants (GSCPA), Atlanta Tax Forum, Board Member, Past President, Better Business Bureau Serving Metro Atlanta, Athens & NE GA, Board V.P., and C5 Georgia Youth Foundation, Board Member, Past Chair.

LinkedIn

CFO Navigator

Taking your business to the next level requires moving beyond bookkeeping and simply counting to using your numbers to actively navigate your business.

CFO Navigator guides organizations that are not ready for a full-time financial professional, but need more strategic insight. CFO Navigator offers a powerful combination of financial insight and business foresight that simplify the numbers, clarify what is important and communicate – in plain English – which ones to watch to navigate the business and make better decisions.

CFO Navigator focuses on helping companies that have outgrown their current financial capabilities and are ready to use their numbers to navigate the business and not just keep score.

CFO Navigator designs and builds scalable financial capabilities, knows the numbers inside and out, provides confidence that they are right, interprets what they mean, and communicates what’s important; and when the time comes, will turn over the helm to a full-time CFO.

CFO Navigator offers business owners an expert sounding board with an experienced outside perspective for assessing business opportunities and obstacles.

Company website | Facebook | LinkedIn | Twitter

Robert Stephens, Managing Partner, CFO Navigator

Robert Stephens, Managing Partner, CFO Navigator

Robert Stephens is managing partner of CFO Navigator. As a fractional Chief Financial Officer, Robert fills a critical gap for growing privately held businesses and non-profit organizations that do not have the budget or need for a full-time CFO. Having advised over 75+ organizations during his 30+ year career, Robert strives to bring “Wall Street” worthy financial expertise to local “Main Street” companies by turning his financial insight into their business foresight.

In addition to his professional roles, Robert is active in the philanthropic and business community, currently serving on the Chattahoochee Tech Foundation Board of Advisors. He has previously served as Board Chairman of the Boys & Girls Club of Paulding and the North Paulding Band Foundation. Other board service includes the Kennesaw State University Entrepreneurship Center, and Starfish Greathearts Foundation (USA).

Robert earned his BSBA in Accounting from the University of Southern Mississippi, is a member of Vistage International, Leadership Cobb, and the Georgia Society of CPAs. He has two adult sons and resides with his wife in north metro Atlanta.

LinkedIn

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and business owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion, and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Bill McDermott, CFO Navigator, CFO Services, Donna Beatty, Frazier and Deeter, inflation, interest rates, Inventory, ProfitSense, Recessioni, Robert Stephens, Tax accountant, The Profitability Coach

Four Components to Prepare a Business to Sell, with Bill McDermott, Host of ProfitSense

August 29, 2022 by John Ray

Sell
North Fulton Studio
Four Components to Prepare a Business to Sell, with Bill McDermott, Host of ProfitSense
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Four Components to Prepare a Business to Sell, with Bill McDermott, Host of ProfitSense

In this commentary from a recent episode of ProfitSense, Bill compared selling a business to selling a house, and laid out four important components to prepare a business to sell.

ProfitSense with Bill McDermott is produced and broadcast by the North Fulton Studio of Business RadioX® in Alpharetta.

Bill’s commentary was taken from this episode of ProfitSense.

About ProfitSense and Your Host, Bill McDermott

Bill McDermott
Bill McDermott

ProfitSense with Bill McDermott dives into the stories behind some of Atlanta’s successful businesses and owners and the professionals that advise them. This show helps local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession. The show is presented by McDermott Financial Solutions. McDermott Financial helps business owners improve cash flow and profitability, find financing, break through barriers to expansion and financially prepare to exit their business. The show archive can be found at profitsenseradio.com.

Bill McDermott is the Founder and CEO of McDermott Financial Solutions. When business owners want to increase their profitability, they don’t have the expertise to know where to start or what to do. Bill leverages his knowledge and relationships from 32 years as a banker to identify the hurdles getting in the way and create a plan to deliver profitability they never thought possible.

Bill currently serves as Treasurer for the Atlanta Executive Forum and has held previous positions as a board member for the Kennesaw State University Entrepreneurship Center and Gwinnett Habitat for Humanity and Treasurer for CEO NetWeavers. Bill is a graduate of Wake Forest University and he and his wife, Martha have called Atlanta home for over 40 years. Outside of work, Bill enjoys golf, traveling, and gardening.

Connect with Bill on LinkedIn and Twitter and follow McDermott Financial Solutions on LinkedIn.

Tagged With: Bill McDermott, exit planning, financials, profitability, ProfitSense, sell a business, The Profitability Coach

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