Month: November 2020

Episode 18 – How Baby Boomers can Prepare their Business for Sale – With Ryan Parkinson

Episode 18 – How Baby Boomers can Prepare their Business for Sale – With Ryan Parkinson

As a business owner, you have put creativity, sweat, worries, and energy into creating and growing your business. 

When the time comes to reap the rewards of your hard work and to sell your business, what should you think about before putting up that “for sale” sign?

To find out, Kris Dureau welcomes Ryan Parkinson for today’s episode. Together, they discuss different areas of exit planning you need to be aware of when selling your business and the steps you should take to prepare for the big sale.

In this episode, you will learn:

  • How far in advance you should start preparing to sell your business
  • Why financial statements are helpful when buying and selling a business 
  • How to get a proper business valuation 
  • Dealing with customers and staff during the selling process 
  • And more!

Listen now to discover the financial and psychological factors you need to consider when selling your business!

Resources: Grant Thornton | Ryan Parkinson 

Connect with Kris Dureau:

Episode 17 – Is Now the Time to Refinance or Buy a Second Property? – With Derek Gold

Episode 17 – Is Now the Time to Refinance or Buy a Second Property? – With Derek Gold

COVID-19 is just one of the many reasons why interest rates are at historically low rates.  

With rates so low, should you be considering refinancing your home or purchasing a second property?

In this episode, Kris Dureau welcomes Mortgage Scout’s Derek Gold to discuss this and more. Together, they explore the current interest rate environment and answer questions you might have about refinancing and buying a second property. 

In this episode, you will learn:

  • The difference between a variable and a fixed mortgage rate 
  • Pros and cons of shorter and longer amortization periods
  • Getting a mortgage when you’re self-employed or retired 
  • How a good credit score affects your mortgage 
  • And more!

Tune in today to learn everything you need to know before refinancing your home or purchasing that second home!   

Resources: Mortgage Scout | Derek Gold 

Connect with Kris Dureau: