[MBV Playbook] Ch. 7 — Get Your Financial Statements Audited (#167) Artwork

Maximize Business Value Podcast

A podcast for business owners passionate about building long-term, sustainable value in their businesses - and ultimately transitioning on their terms. Mastery Partners Certified Partners host the Maximize Business Value Podcast: Dave Casey, Darren Williams, and Terry Chevalier. Mastery Partners equips business owners to maximize business value so that they can transition on their terms. Check us out at masterypartners.com.

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Maximize Business Value Podcast

[MBV Playbook] Ch. 7 — Get Your Financial Statements Audited (#167)

July 20, 2023 • Tom Bronson • Episode 167

Welcome back to another captivating episode of the Maximize Business Value Podcast! Our journey through Tom's book, "Maximize Business Value Playbook: 65 Specific Actions to Dramatically Increase the Value of Your Business," continues this week with an essential topic in the world of business finance.

In this week's episode, Tom delves into Chapter 7 - "Get Your Financial Statements Audited." Join for what is sure to be a controversial conversation on the critical process of obtaining a thorough financial audit for your business.

Ensuring the accuracy and reliability of your financial statements is paramount for confident decision-making and building trust with stakeholders – and not just for large businesses. Tom uncovers the strategies and insights you need to navigate the auditing process with ease.

Discover how an audit can provide valuable insights, identify potential risks, and validate your financial statements for potential investors and buyers. Learn how to collaborate effectively with auditors and use audit results to bolster the value of your business. Tom's expertise and practical advice on these will empower you to approach the auditing process (among many other things) with confidence and ease.

Don't miss this exclusive opportunity to enhance your financial transparency. Tune in to the Maximize Business Value Podcast as we explore Chapter 7, "Get Your Financial Statements Audited." Let's equip you with the tools to present a clear and trustworthy financial picture of your business.

Mastery Partners

Elevating Businesses to Achieve The Business Owner’s Dream Exit
The unfortunate reality is that for every business that comes on the market (for whatever reason), only 17% of them achieve a successful exit. You read that right. 83% of attempted business transitions never reach the closing table. Mastery Partners is on a mission to change that. We ELEVATE businesses to achieve maximum value and reach that dream exit.

Our objectives are simple - understand where the business is today, identify opportunities for dramatic improvement, and offer solutions to enhance the business, making it more marketable and valuable. And that all starts with understanding the business owner’s definition of his or her dream exit.
Mastery has developed a 4-Step Process to help business owners achieve their dreams.

STEP 1: Transition Readiness Assessment
STEP 2: Roadmap for Value Acceleration
STEP 3: Relentless Execution
STEP 4: Decision: Now that desired results are achieved, the business is ready for the next step in the journey!