July 20, 2021
Justin Goodbread with Your Baby's Ugly book

Goodbread Publishes Second Book on Business Growth

Knoxville, TN — In the follow up to his first title, The Ultimate Sale: A Financially Simple Guide to Selling a Business for Maximum Profit, Knoxville’s Justin Goodbread CFP®, CEPA®, CVGA® guides business owners through the practical application of business valuation strategy. Your Baby’s Ugly: Maximize the Value of Your Business or You’ll Have Nothing to Sell is available for purchase on July 20th, 2021, and addresses the need for business owners to work on their businesses rather than in them if they hope to sell them one day.
July 19, 2021

How Much Does it Cost to Hire a Business Advisor

Oftentimes, as business owners, we fight through trial and error to build our businesses. Although it is possible to build a successful business on your own, having an experienced business advisor can help you get your business where you want it to be in a more efficient manner. I like to think of it in terms of climbers conquering Mt. Everest. The climbers have the vision, experience, and skill, but they still benefit from having a sherpa to guide them along the best course. Of course, this comes with a price. That’s why today’s entry is going to answer the question, what does it cost to hire a business advisor?
July 12, 2021

How Much Does It Cost to Hire a Comprehensive Financial Planner?

In my last blog, I addressed a listener question. With today’s entry, I’d like to answer another question. Although similar to last week’s question, this one looks at the cost of hiring a comprehensive financial planner from a different angle. As you read through this entry, you will learn what comprehensive financial planning actually entails, as well as the average cost of hiring a comprehensive financial planner. Whether you’re just beginning to think about hiring a financial planner, or you’ve used one for years, this entry will provide you with some valuable food for thought.
July 5, 2021

What Is the Average Cost of Hiring an Investment Advisor to Manage $1,000,000 or More?

I recently received a listener question that I’m all too familiar with. Over the past twenty years or so, of my career, I’ve fielded one question thousands of times. It’s been asked in a variety of different ways but it all comes down to the same basic point. I’ve even had a few close friends, who have never needed the services of a financial advisor, suddenly come into windfalls that are now prompting them to ask this question. The question? What is the average cost of an investment advisor? More specifically, what is the average cost of hiring an investment advisor to manage $1MM or more?
June 28, 2021

How to Prepare for Your 6-Month Strategic Planning Meeting

Tempus Fugit. I learned Latin while being homeschooled. This phrase has always stuck with me and grows more true with each passing year. It seems like just yesterday that my team and I were gathered in an off-site location to conduct our annual strategic planning sessions. In truth, this happened back in January. But now it’s almost July and it’s time to regroup and take stock of our progress toward the goals we set back then. So, today, I’d like to talk about how to prepare for your 6-month strategic planning meeting.
June 24, 2021

Four Steps to Creating a Small Business Budget

I received a listener question, recently, that made me take pause. I was thinking back on the show’s history, and I don’t believe I’ve ever addressed this topic before now. The question was, “Justin, how do we create a small business budget?” Although budgeting is a relatively simple concept, knowing how to create a well-functioning small business budget can be a little confusing if you don’t have experience doing so. I’m using today’s entry to show you four quick and easy steps to create a budget for your business.