Join Carma Spence on The Author Switch Podcast as she dives into critical financial strategies for business owners and authors with Lowell Mora, President of Impact CFO. Learn actionable tips on financial planning, business valuation, and transitioning family-owned businesses. Discover how writing a book can enhance your authority and business value, the importance of Standard Operating Procedures, and managing client diversity. Don’t miss this episode filled with invaluable advice to secure your business’s future.
00:00 Introduction to Financial Growth for Entrepreneurs 01:09 Meet Lowell Mora: Expert Financial Advisor 03:01 The Importance of Financial Planning for Family-Owned Businesses 05:47 Mindset Shifts for Business Transitions 08:16 Deciding the Future of Your Business: Family or Sale? 11:21 Preparing Your Business for Sale 14:50 The Role of Books in Business Valuation 17:22 The Importance of Marketing for Authors 18:20 The Role of Books in Business Valuation 20:59 Preparing Your Business for Transition 24:47 Financial Advice for Author-Based Businesses 30:21 Final Thoughts and Contact Information
