The Home Service Small Business Spotlight - 48 - The Most Efficient Lending and Technology Solution for Home Service Builders with Snap.Build's Matt Merritt

48 - The Most Efficient Lending and Technology Solution for Home Service Builders with Snap.Build's Matt Merritt

12/20/23 • 25 min

The Home Service Small Business Spotlight

In this podcast episode, Arthur Yon interviews Matt Merritt, CEO of Snap.Build, a fintech company providing lending and technology solutions to builders in the home service industry.

Matt shares his professional journey, from the oil and gas sector to finance, accounting, and IT, and how Snap.Build helps builders manage their finances and pay vendors efficiently. He discusses common misconceptions about funding options and shares a success story of a builder who significantly scaled up their business using Snap.Build's platform.

Matt also emphasizes the importance of effective business processes and facing problems head-on. The episode wraps up with a light-hearted discussion about Matt's passion for saltwater fishing.

To learn more about Matt's work, click HERE and HERE.

Think you'd be a great guest on the show? Apply HERE.

Want to learn more about Arthur's work at NEST Protection Plan? Check out his website at https://nestpp.com/.

In this podcast episode, Arthur Yon interviews Matt Merritt, CEO of Snap.Build, a fintech company providing lending and technology solutions to builders in the home service industry.

Matt also emphasizes the importance of effective business processes and facing problems head-on. The episode wraps up with a light-hearted discussion about Matt's passion for saltwater fishing.

To learn more about Matt's work, click HERE and HERE.

Think you'd be a great guest on the show? Apply HERE.

Want to learn more about Arthur's work at NEST Protection Plan? Check out his website at https://nestpp.com/.

Previous Episode

47 - Building Your Business Empire: Lessons from the Top with PropertyGuys' Karim Kerachni

Your host, Arthur Yon, talks with the State Director Of Franchise Development of PropertyGuys and Co-Founder of Steamates, Karim Kerachni. Karim is a man of many talents, born in Canada, raised in France, and armed with an MBA, Kareem began his professional journey in sales and management in France. His career took a significant turn when he returned to Canada in 2014, where he continued to work in sales and management for a home security and smart home company.

His entrepreneurial spirit led him to Halifax, where he started his own cleaning company, Steamatic. The company quickly grew, opening another branch in Ottawa. Today, Karim is looking to franchise his cleaning company and is also involved in franchise development for PropertyGuys.com.

Karim is passionate about the value of franchising. He believes it offers entrepreneurs the opportunity to operate under an existing brand with established systems and processes. This model, he explains, brings immense value to clients and can significantly impact the lives of entrepreneurs who become franchisees.

To learn more about Karim's work, click HERE and HERE.

Think you'd be a great guest on the show? Apply HERE.

Want to learn more about Arthur's work at NEST Protection Plan? Check out his website at https://nestpp.com/.

Next Episode

49 - The Tax Goddess: The Ultimate Expert in Tax Reduction Strategies with Tax Goddess Business Services' Shauna A. Wekherlien

Your host, Arthur Yon, talks with the Owner of Tax Goddess Business Services, Shauna A. Wekherlien. Shauna's journey is as fascinating as it is inspiring. She began her career with a degree in astrophysics, but a personal incident involving her mother's IRS notice and the lack of proper advice on reducing her tax bill led Shauna to transition into tax strategy. This transition was not a mere switch; it was an educational journey that saw her become a CPA, a certified tax coach, and a certified tax strategist. Today, she ranks among the top three tax strategists in the country, helping clients achieve an average tax rate of 6% and legally minimize their taxes.

Shauna's approach to tax strategy is not about a single magic bullet but a combination of strategies that can bring the tax rate down. She shared practical examples like purchasing a truck for business purposes and the importance of using it more than 50% of the time for business to make it deductible. She also debunked myths about writing off everything related to marketing and advertising expenses and clarified that only certain work clothing, like polo shirts with company logos, are deductible.

With an impressive track record of saving businesses nearly $13 billion in taxes, Shauna emphasized the importance of starting tax planning early in the year to maximize deductions. She also shed light on the current situation with the IRS and its limited resources for auditing. Due to funding cuts, the IRS has been able to hire only 20,000 agents instead of the intended 87,000. This has led to a focus on individuals with a taxable income of one million or more, making it crucial for small businesses to keep their taxable income below this threshold or utilize legal tax strategies to lower their income.

To learn more about Shauna's work, click HERE and HERE.

Think you'd be a great guest on the show? Apply HERE.

Want to learn more about Arthur's work at NEST Protection Plan? Check out his website at https://nestpp.com/.