[MBV Playbook] Ch. 9 — Minimize the Different Types of Discretionary Spending (#169) 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. 9 — Minimize the Different Types of Discretionary Spending (#169)

August 03, 2023 • Tom Bronson • Episode 169

Welcome back to the Maximize Business Value Podcast! This week, we venture into Chapter 9 - "Minimize the Different Types of Discretionary Spending." Join us as we explore essential strategies to enhance financial efficiency within your business.

Understanding and optimizing discretionary spending is paramount for fiscal health. Tom delves into the significance of minimizing various types of discretionary expenses, empowering you to make prudent financial decisions.

Tune in to discover how eliminating unnecessary spending can free up resources for growth and profit maximization. Tom's expertise and practical advice will equip you to identify and reduce discretionary expenses, strengthening your business's financial position.

Don't miss this exclusive opportunity to optimize your financial efficiency. Join us on the Maximize Business Value Podcast as we uncover Chapter 9, "Minimize the Different Types of Discretionary Spending."

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!