How to Build a More Valuable HVAC Business Before Exit, Sale, or Succession

How a PEO Helps Business Owners Reduce HR, Payroll, and Compliance Risk

This is the audio version of “How a PEO Helps Business Owners Reduce HR, Payroll, and Compliance Risk.” In this episode, Sara Vaziri and Ailene Dewar Costello discuss how Professional Employer Organizations (PEOs) help growing businesses manage HR, payroll, compliance, employee benefits, workers’ compensation, and employment-related risk. They explain what a PEO is, how the co-employment model works, and why many business owners begin feeling increasing pressure from workforce management as their companies grow. The conversation explores common HR challenges, compliance obligations, employee retention concerns, workers’ compensation management, and how stronger HR systems can help business owners focus on growth instead of administration. Ailene shares practical insights into how PEOs can provide access to broader employee benefits, reduce liability exposure, improve operational efficiency, and help businesses create scalable people-management systems. The discussion highlights an important reality for business owners preparing for growth, succession, ownership transition, M&A, or a future sale: People systems are business systems. The more dependent a company is on the owner to manage every employee issue, compliance requirement, and HR challenge, the harder it may be to scale, transfer, or transition that business in the future. Key topics: • Professional Employer Organizations (PEOs) • HR compliance • Employee management • Payroll administration • Co-employment • Employee benefits • Workers’ compensation • EPLI insurance • Employment law risk • HR outsourcing • Employee retention • Business scalability • Operational efficiency • Risk reduction • Ownership transition • Business succession • Building a business beyond the owner For the full video conversation, watch on YouTube:https://youtu.be/A4qmVE6vO3c Host: Sara Vaziri, MBA, MSc, CBB, CBI Zoom Business Brokers (949) 426-5067 sara.vaziri@zbbcorp.com [sara.vaziri@zbbcorp.com] M&A Advisor, Award-Winning Certified Business Broker, Founder and Office Broker of Zoom Business Brokers, specializing in selling manufacturing, B2B, contractor, wholesale, 3PL, and financial-related businesses in California. More Information: https://www.linkedin.com/in/saravaziri/ [https://www.linkedin.com/in/saravaziri/] Guest: Ailene Dewar Costello, CBPA, aPHR Vice President of Sales, California | Engage PEO (714) 393-2297 adewar@engagepeo.com [adewar@engagepeo.com] Ailene has extensive experience in human resources, recruiting, workers’ compensation, healthcare, employee benefits, and compliance. She helps business owners, CEOs, CFOs, and founders strategically manage human capital so they can focus on growth, talent retention, operational efficiency, and long-term business success. More Information: https://www.linkedin.com/in/ailenedewar/ [https://www.linkedin.com/in/ailenedewar/] Disclaimer: This show is for informational purposes only and does not constitute legal, employment, tax, accounting, valuation, investment, or business brokerage advice. Please consult your own qualified advisors before making any decisions. #PEO #HRCompliance #BusinessGrowth #OwnershipTransition #BusinessOwners

GAAP Accounting for Business Owners: Build Buyer Trust Before an Exit

This is the audio version of “Why GAAP Accounting Matters When Selling a Business.” In this episode, Sara Vaziri and Diane E. Wittenberg, CPA, discuss how GAAP accounting and financial transparency can influence business value, buyer confidence, and transaction readiness. They explain what GAAP accounting is, why it was created, and how it helps business owners present a clearer and more reliable picture of company performance. The conversation also explores the differences between cash basis and accrual accounting, reviewed and audited financial statements, and how accurate financial reporting can support better business decisions. Diane shares practical insights into how buyers, lenders, and investors evaluate financial information and why stronger reporting can reduce risk, improve credibility, and potentially increase the value of a business. The discussion highlights an important reality for business owners preparing for succession, ownership transition, M&A, or a future sale: Financial statements are more than a record of the past. They are often one of the first tools buyers use to determine the quality, sustainability, and transferability of a business. Key topics: • GAAP accounting • Financial transparency • Business valuation • Cash basis vs. accrual accounting • Revenue recognition • Inventory accounting • Audited financial statements • Reviewed financial statements • Buyer confidence • Financial reporting • Business value drivers • M&A readiness • Risk reduction • Exit planning • Ownership transition • Business succession • Building a business beyond the owner For the full video conversation, watch on YouTube: https://youtu.be/Csq3v8ZqAH0 Host: Sara Vaziri, MBA, MSc, CBB, CBI Zoom Business Brokers (949) 426-5067 sara.vaziri@zbbcorp.com [sara.vaziri@zbbcorp.com] M&A Advisor, Award-Winning Certified Business Broker, Founder and Office Broker of Zoom Business Brokers, specializing in selling manufacturing, B2B, contractor, wholesale, 3PL, and financial-related businesses in California. More Information: https://www.linkedin.com/in/saravaziri/ [https://www.linkedin.com/in/saravaziri/] Guest: Diane E. Wittenberg, CPA Partner | Haskell & White LLP Direct: (949) 450-6334 dwittenberg@hwcpa.com [dwittenberg@hwcpa.com] https://www.hwcpa.com [https://www.hwcpa.com/] Diane has more than 40 years of experience serving public, private, and nonprofit organizations and specializes in audit, advisory, M&A, IPO, and compliance services. Disclaimer: This show is for informational purposes only and does not constitute legal, financial, tax, accounting, investment, valuation, or business brokerage advice. Please consult your own qualified advisors before making any decisions. #GAAPAccounting #BusinessValuation #ExitPlanning #OwnershipTransition #BusinessOwners

Business Valuation Explained: EBITDA, Risk, Multiples, and Value Drivers

This is the audio version of “How Business Valuation Really Works.” In this episode, Sara Vaziri and Gordon Lin discuss how valuation professionals determine what a business is worth and the factors that can significantly influence enterprise value. They break down the difference between a business valuation and a formal business appraisal, explain what EBITDA measures, and walk through the three primary valuation approaches: market, income, and asset-based valuation. Gordon also shares insights into how buyers, investors, and valuation professionals evaluate risk, future cash flows, company size, profitability, growth potential, recurring revenue, and customer concentration when assessing a business. The conversation highlights why valuation is not just about current earnings. It is also about sustainability, transferability, and how well a business can perform beyond its current owner. Key topics: • Business valuation • Business appraisal • Enterprise value • EBITDA • Market approach valuation • Income approach valuation • Asset-based valuation • Business value drivers • Growth and profitability • Key person risk • Owner dependency • Recurring revenue • Customer concentration • Business sale readiness • M&A preparation • Exit planning • Succession planning • Building a business beyond the owner For the full video conversation, watch on YouTube: Host: Sara Vaziri, MBA, MSc, CBB, CBI Zoom Business Brokers (949) 426-5067 sara.vaziri@zbbcorp.com [sara.vaziri@zbbcorp.com] M&A Advisor, Award-Winning Certified Business Broker, Founder and Office Broker of Zoom Business Brokers, specializing in selling manufacturing, B2B, contractor businesses, wholesale, 3PL, and financial-related businesses in the State of California. More Information: https://www.linkedin.com/in/saravaziri/ [https://www.linkedin.com/in/saravaziri/] Guest: Gordon Lin Managing Partner | Libra Value Partners M: 626.376.5544 glin@libravaluepartners.com [glin@libravaluepartners.com] www.libravaluepartners.com [http://www.libravaluepartners.com] https://www.linkedin.com/in/c-gordon-lin-a1b734/ [https://www.linkedin.com/in/c-gordon-lin-a1b734/] Disclaimer: This show is for informational purposes only and does not constitute legal, financial, tax, investment, valuation, or business brokerage advice. Please consult your own qualified advisors before making any decisions. #BusinessValuation #BusinessAppraisal #BusinessValue #ExitPlanning #BusinessOwners

Why Working Capital Can Change the Outcome of Your Business Sale

This is the audio version of “Working Capital in a Business Sale: What Owners Miss.” In this episode, Sara Vaziri and Raymond Skaug discuss why working capital becomes such an important part of buying and selling a business. They break down what working capital means, what is typically included, and why buyers pay close attention to inventory, accounts receivable, accounts payable, cash flow, and the working capital peg during a transaction. Raymond explains why a profitable business can still create cash problems after closing, especially when receivables are slow, inventory turns unevenly, or the buyer needs operating cash in the first 90 days. They also discuss how cash management, vendor terms, excess inventory, obsolete inventory, and receivable collection can affect buyer confidence, business valuation, and deal readiness. Key topics: • Working capital • Business sale preparation • Business valuation • Cash flow management • Profit vs. cash • Accounts receivable • Inventory management • Accounts payable • Working capital peg • Cash conversion cycle • Buyer risk • SBA acquisition loans • Deal readiness • M&A preparation • Selling a business • Building a business beyond the owner For the full video conversation, watch on YouTube: https://youtu.be/aJx2TXA12cU Host: Sara Vaziri, MBA, MSc, CBB, CBI Zoom Business Brokers (949) 426-5067 sara.vaziri@zbbcorp.com M&A Advisor, Award-Winning Certified Business Broker, Founder and Office Broker of Zoom Business Brokers, specializing in selling manufacturing, B2B, contractor businesses, wholesale, 3PL, and financial-related businesses in the State of California. More Information: https://www.linkedin.com/in/saravaziri/ [https://www.linkedin.com/in/saravaziri/] Guest: Raymond Skaug, CVA, MBA CEO of BizProValue 614-270-0609 ray@bizprovalue.com www.bizprovalue.com [http://www.bizprovalue.com] https://www.linkedin.com/in/ray-skaug-74466314/ [https://www.linkedin.com/in/ray-skaug-74466314/] Disclaimer: This show is for informational purposes only and does not constitute legal, financial, tax, investment, valuation, or business brokerage advice. Please consult your own qualified advisors before making any decisions. #WorkingCapital #BusinessValuation #SellingABusiness #ExitPlanning #BusinessOwners

Exit Planning for Business Owners: Build Value, Reduce Risk, and Prepare to Sell

This is the audio version of “Exit Planning for Business Owners: Build Value, Reduce Risk, and Prepare to Sell.” In this episode, Sara Vaziri and Maylia Tsen discuss why selling a business successfully starts long before a buyer makes an offer. They break down how exit planning helps business owners prepare their company for sale, succession, ownership transition, and long-term continuity. Maylia explains why a profitable business may still not be ready to sell if the owner is too central to operations, financial reporting is not clean, contracts are not in place, or customer concentration creates buyer risk. They also discuss how business owners can identify hidden red flags, improve business value, prepare emotionally for life after the sale, and reduce the risks that can lower valuation or stop a deal from moving forward. Maylia also shares a real-world example where early exit planning helped owners move from an $11 million offer to a $19 million sale with the same buyer. Key topics: • Exit planning • Preparing a business for sale • Business succession planning • Business valuation • Business value building • Owner dependency • Customer concentration risk • M&A preparation • Business sale red flags • Ownership transition • Partner alignment • Financial reporting • Legal contracts • Estate planning • Deal readiness • Building a business beyond the owner For the full video conversation, watch on YouTube: https://youtu.be/Jaoj7s3G3gw [https://youtu.be/Jaoj7s3G3gw] Host: Sara Vaziri, MBA, MSc, CBB, CBI Zoom Business Brokers (949) 426-5067 sara.vaziri@zbbcorp.com [sara.vaziri@zbbcorp.com] M&A Advisor, Award-Winning Certified Business Broker, Founder and Office Broker of Zoom Business Brokers, specializing in selling manufacturing, B2B, contractor businesses, wholesale, 3PL, and financial-related businesses in the State of California. More Information: https://www.linkedin.com/in/saravaziri/ [https://www.linkedin.com/in/saravaziri/] Guest: Maylia Tsen NAVIX Consulting Services Planning Today for Tomorrow’s Exit “Maximizing Your Valuation” itsbusinessadvisor@gmail.com [itsbusinessadvisor@gmail.com] (949) 637-2624 https://www.linkedin.com/in/maylia [https://www.linkedin.com/in/maylia] Disclaimer: This show is for informational purposes only and does not constitute legal, financial, tax, investment, or business brokerage advice. Please consult your own qualified advisors before making any decisions. #ExitPlanning #BusinessSuccession #BusinessValue #OwnershipTransition #SellingABusiness