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GWCPA
United States
Приєднався 14 гру 2017
Helping multi-generational businesses lay a foundation for future generations.
This channel focuses exclusively on tax, systems, and strategy around succession planning. We are here for the founder looking to encourage an employee to step into the position of leadership and ownership, or for the next generation looking to fasttrack what's required to be a leader of an already established company.
GWCPA has helped more than 100 businesses into the 2nd and 3rd generation. We're a 75 year old company, through 9 successive partners, ourselves. We know the challenges.
This is also the home base of The Art of Succession Podcast, an interview show featuring the stories of owners who've purchased their businesses.
Disclaimer: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
This channel focuses exclusively on tax, systems, and strategy around succession planning. We are here for the founder looking to encourage an employee to step into the position of leadership and ownership, or for the next generation looking to fasttrack what's required to be a leader of an already established company.
GWCPA has helped more than 100 businesses into the 2nd and 3rd generation. We're a 75 year old company, through 9 successive partners, ourselves. We know the challenges.
This is also the home base of The Art of Succession Podcast, an interview show featuring the stories of owners who've purchased their businesses.
Disclaimer: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
Six Months of Podcasting on YouTube: This Needed to Change
In this episode, host Barrett Young reflects on The Art of Succession’s first season, sharing memorable moments, lessons learned, and a preview of what’s to come in season two.
#artofsuccessionpodcast #barrettyoung #successionplanning #successionpodcast #podcast
Barrett highlights the emotional depth of season one, from Lisa’s resilience after a failed acquisition to Curtis’s appreciation for working alongside his grandfather. These stories showcase the challenges and triumphs of small business succession, emphasizing the importance of relationships, leadership, and legacy.
Looking ahead, season two launches in January with a fresh episode format: UA-cam content split into two shorter parts released Tuesdays and Thursdays, while full audio episodes remain weekly. The season kicks off with a special interview featuring Barrett’s partner, Samantha Bowling.
Know someone with a great story? Reach out here: bit.ly/AOSBeAGuest
___________________
The Art of Succession Podcast is brought to you by GWCPA. Twice a month on www.youtube.com/@gwcpas, host Barrett Young will bring you interviews sharing the successes and challenges from business owners with their own succession stories. If you've enjoyed this episode, please share it with others.
🎙️ Become a Guest bit.ly/AOSBeAGuest
✍️ Leave your feedback for the show: docs.google.com/forms/d/e/1FAIpQLSeOlQJOFHbQukhWM7QfgTZNndbt3dQ6qKB_t1QqHyxjy6NzBQ/viewform?usp=sf_link
📡 Also distributed on
Transistor.fm artofsuccession.transistor.fm/
Spotify open.spotify.com/show/7uhogBxFKWAAetAbD8TVQR
Apple Podcasts podcasts.apple.com/us/podcast/the-art-of-succession/id1742796896
📧 Prefer to get the Art of Succession in your inbox? Subscribe to the mailing list to be notified of new episodes: mailchi.mp/566bff6410fc/aos-podcast-rss
🖥️ Find out more about the show at gwcpas.com/podcast
Disclaimer: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
0:00 Why Video This Time?
3:53 One Problem I Wasn't Expecting With Video
7:21 The Depth of Insight Gained From Interviewing Guests
15:15 Why We Focus on Succession Planning
23:05 Plans for Season 2
28:01 The Host Under the Microscope: The Lightning Round!
#artofsuccessionpodcast #barrettyoung #successionplanning #successionpodcast #podcast
Barrett highlights the emotional depth of season one, from Lisa’s resilience after a failed acquisition to Curtis’s appreciation for working alongside his grandfather. These stories showcase the challenges and triumphs of small business succession, emphasizing the importance of relationships, leadership, and legacy.
Looking ahead, season two launches in January with a fresh episode format: UA-cam content split into two shorter parts released Tuesdays and Thursdays, while full audio episodes remain weekly. The season kicks off with a special interview featuring Barrett’s partner, Samantha Bowling.
Know someone with a great story? Reach out here: bit.ly/AOSBeAGuest
___________________
The Art of Succession Podcast is brought to you by GWCPA. Twice a month on www.youtube.com/@gwcpas, host Barrett Young will bring you interviews sharing the successes and challenges from business owners with their own succession stories. If you've enjoyed this episode, please share it with others.
🎙️ Become a Guest bit.ly/AOSBeAGuest
✍️ Leave your feedback for the show: docs.google.com/forms/d/e/1FAIpQLSeOlQJOFHbQukhWM7QfgTZNndbt3dQ6qKB_t1QqHyxjy6NzBQ/viewform?usp=sf_link
📡 Also distributed on
Transistor.fm artofsuccession.transistor.fm/
Spotify open.spotify.com/show/7uhogBxFKWAAetAbD8TVQR
Apple Podcasts podcasts.apple.com/us/podcast/the-art-of-succession/id1742796896
📧 Prefer to get the Art of Succession in your inbox? Subscribe to the mailing list to be notified of new episodes: mailchi.mp/566bff6410fc/aos-podcast-rss
🖥️ Find out more about the show at gwcpas.com/podcast
Disclaimer: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
0:00 Why Video This Time?
3:53 One Problem I Wasn't Expecting With Video
7:21 The Depth of Insight Gained From Interviewing Guests
15:15 Why We Focus on Succession Planning
23:05 Plans for Season 2
28:01 The Host Under the Microscope: The Lightning Round!
Переглядів: 14
Відео
We Packed Our Expertise Into this GPT and Gave It Away
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Succession planning, tax strategy, and leadership transitions can be overwhelming for *family-owned businesses*. That’s why we created The Generations Advisor-an AI-powered tool built on GWCPA’s decades of experience helping businesses like yours thrive. In this video, discover how *The Generations Advisor* combines cutting-edge AI technology with GWCPA’s proven strategies to: ✔️ Craft personal...
She Sold Her Niched Law Firm To The First Choice On Her List
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How do you start and scale a business with a specific focus? What systems and branding considerations enable a business to thrive beyond its founder? How can entrepreneurs prepare emotionally and structurally for selling their business? In this episode of The Art of Succession podcast, host Barrett Young interviews Jillian Sidoti, founder of Crowdfunding Lawyers and creator of Last Life Ever. T...
Her Systems Took This Recruiting Agency From Launch To Rapid Exit
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In this episode of The Art of Succession podcast, host Barrett Young interviews Alanna Thomas, founder of Aligned Recruitment and Thomas Media Agency. The discussion dives into Alanna’s impressive journey, from founding a recruitment company to scaling it for rapid profitability, bringing in a business partner, and successfully exiting-all within 13 months. Listeners will gain valuable insights...
Succession Planning & Leadership: Essential Strategies for Choosing Your Successor
Переглядів 16Місяць тому
Barrett Young explores succession planning in the context of small businesses, drawing from his experience at GWCPA. Succession planning is more than just avoiding closure or securing a buyout-it’s about preserving your legacy, supporting employees, and maintaining your business’s integrity under new leadership. Barrett shares insights on identifying core competencies that set your business apa...
These Partners Stepped In To Rescue A Buddy's Hearing Aid Store After A Text
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In this episode, host Barrett Young interviews Jarom Rogers, a partner at Legacy Hearing Professionals. They discuss Jarom's experience in taking over and revitalizing a struggling business, navigating financial crises, and dealing with underperforming partners. #artofsuccessionpodcast #jaromrogers #successionplanning #successionpodcast #podcast *Background and Initial Challenges* Jarom describ...
Staying Motivated in Family Businesses: Tips for Avoiding Burnout
Переглядів 21Місяць тому
In this video, Barrett Young from GWCPA dives into staying motivated in a family business when boredom and burnout hit hard. Drawing from his 15 years in public accounting, Barrett shares practical strategies, like setting personal financial goals and pursuing side projects, to help maintain motivation. For those in family-run businesses, he highlights the importance of clear succession plannin...
Get Ready With Me: The Art Of Succession Podcast
Переглядів 52 місяці тому
Feedback: forms.gle/CGzBnLTwtiUdn7gC8 #successionplanning #theartofsuccession #youtubepodcast #getreadywithme
This Rapid Growth Accounting Company Has Gone From Dad's Living Room to 30 Employees
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How do you strike the balance between the professional and the family relationships, especially when your employees are watching? How do you set a valuation on a business that you were instrumental in building? And how do you transform a traditional service business, and position it to scale for the next phase? In this episode of The Art of Succession podcast, host Barrett Young interviews Mike...
Patience & Vision: Essential Business Strategies for Long-Term Growth
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In this video, Barrett Young explores City Park in New Orleans while reflecting on two critical aspects of business leadership: patience and vision. Drawing from personal experiences, Barrett shares lessons learned from starting his own company, emphasizing that real change requires consistent effort over time. Now a partner at GWCPA, he highlights the inspiring story of his colleague, Sam, who...
Leaving The Family Business Prepared Her To Take Over Their Third Generation Auto Recycler
Переглядів 192 місяці тому
What are the unique issues faced in acquiring a third-generation business? What challenges arise when an owner doesn’t want to discuss succession? How do you balance the health of the business with family relationship dynamics? In this episode of The Art of Succession podcast, host Barrett Young interviews Amber Kendrick, the owner of Pete's Auto Parts, an auto parts recycling yard near Grand R...
Monthly Financial Close Explained: What Every Business Owner Must Know to Stay On Track
Переглядів 313 місяці тому
In this video, Barrett Young explains the essential monthly financial close process for business owners, ensuring you’re equipped with accurate financial information to make better decisions. As your business grows, the importance of timely monthly financial close becomes critical, preventing costly mistakes. Barrett dives into the difference between cash vs. accrual accounting, showing how to ...
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Переглядів 313 місяці тому
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What's A Controller, And Is My Business Ready For One?
Переглядів 233 місяці тому
Do you feel like your financial processes are struggling to keep up, but are unclear how to resolve? Are you confused about the differences in roles between a bookkeeper, a controller, and a CFO? #financialcontroller #scalingyourbusiness #successionplanning #succession #businessacquisition 0:00 Are your financial systems starting to strain? 1:11 What is a Controller? 2:47 How do I know it's tim...
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Show notes and guest submission can be found on our website: gwcpas.com/blog/aos-jarom-rogers
Thank you for sending me the link Barrett.
(Bruno from FB youtube group here ;)I agree that the people is what matters most, especially with the rise of AI.I have a food business in Thailand, how do you suggest I go about finding investors?
Sorry, I wouldn't know how to go about that. I'd expect international food investment companies have communities you'd need to locate and get in with?
I only caught the first few minutes but will watch the rest tonight. Funny enough regarding monthly closeouts, I eventually moved to something like this every quarter because of the last minute reasons you highlighted. I feel like a video on managing finances for sole propriters specifically might do pretty well. Concepts are the same I'd imagine but it's the least sexy topic imaginable despite being the one most of us should be focusing on, lol.
Thanks for the idea!
Looks like I found a new podcast to binge.
I look forward to your feedback Omar!
I love the PITA factor, what a hilarious and beneficial way to view certain clients.
Everybody has them! And "just charge them more" usually doesn't solve the problem.
That’s my brother!!🎉
0:00 The Importance of Timing 1:51 The Lifecycle of a Small Business 8:03 How An Owner Prepares for Succession 10:55 How A Key Employee Prepares for Succession
It was awesome to talk with you about how we took over the author and speaker certification courses with The Author's Voice.
Unsure if buying a business makes sense? Now is a prime time to consider it: ua-cam.com/video/RJPLWFdUNYQ/v-deo.html
These 10 items in your income statement are giving you a false sense of your company's value: ua-cam.com/video/6B7d3lM1bLc/v-deo.html
Thanks for watching. If you found that video helpful, you'll like this one on becoming an S-Corporation: ua-cam.com/video/luqpCTqGMM8/v-deo.html
Great video!
Thanks for the encouragement
Love the video, keep it up!
Thank you Matt!
Great job capturing the essentials for successful succession!🤩
Excellent points