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In this Payrollin’ podcast episode, Matt Vaadi engages in a conversation with John Mason-Smith, CEO and Co-Founder of HireWith, delving into John's intriguing journey of selling his payroll bureau and his thought-provoking exit plans. Throughout the episode, they explore a range of intriguing subjects, including: • Maximizing the value of your payroll business • Current Trends in M&A Market • HireWith • AI Tools for Payroll Bureaus • Payrollin’ Podcast Updates Three key takeaways: 1. Understanding every type of buyer's priorities and acquisition strategies can help tailor your approach when considering selling. 2. Building relationships and understanding valuation expectations can be valuable in the future. 3. The rapid changes in the world, especially with the rise of ChatGPT and AI, require adaptability to embrace new opportunities and stay ahead of the transformation. ► TIME STAMPS 00:00 - Intro 01:06 - What led to John's Payroll Bureau Exit? 06:29 - M&A Activity in Payoll Space 14:20 - Maximizing the Value of your Payroll Business 21:19 - Exit Plans for Bureau Owners 37:39 - HireWith 39:00 - Acquisitions 40:15 - AI Tools John is using 43:20 - Payrollin' Podcast and guHRoo Updates 45:20 - AI Tools Matt is using 50:55 - Outro Thanks for watching! ►WATCH NEXT ✓ Exploring the Legal Landscape: Money Transmitter Licensing with Bridget Escobar ✓Measuring KPIs Like a Pro: Tips from Two Payroll Industry Experts with Bryan Gorman 👉Enjoying the show? Subscribe Now! ►Are you enjoying Payrollin'? Please subscribe and rate us five stars on your player of choice. It helps us continue to improve. • YouTube - • Payroll • Apple - https://podcasts.apple.com/us/podcast... • Google -https://podcasts.google.com/feed/aHR0... • Spotify - https://open.spotify.com/show/5m5xhzo... ►Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://anchor.fm/payrollin/message 👉About the Host Find Matt on LinkedIn here: / mattvaadi 👉About the Guest Find John on LinkedIn here: / johnmason-smith Website: Http://HireWith.Us 👉Resources Marketing Case Study - How we 10x’ed Our Inbound Leads - https://www.guhroo.co/case-study/ #JohnMasonSmith #ThePerfectExitPlan #StrategiesforMaximizingBureauValue #MaximizingBureauValue #MaximizingtheValueofyourPayrollBusiness #AI #AITools #payrolloutsourcing #Payroll