Profiles in Prosperity

Service Roundtable

Do you like stories about business? I do! I’m endlessly fascinated by the creative and innovative strategies business people employ to build their businesses. I love the stories of how businesses were started, bought, sold, grown, failed, and the stories of pitfalls and advances. They’re all interesting. As someone who runs a business and advises others who run businesses, I find the stories useful and informative as well as cautionary and inspirational.

  1. 08/15/2025

    163 - Jason Brace & Wes Scott: Legal Insights for Residential Service Contractors

    For the first time, a law firm has joined the Service Nation rewards program, and it's a big one—Frost Brown Todd, a national firm with over 700 attorneys and a strong focus on home services. In this episode, David Heimer speaks with partners Jason Brace and Wes Scott about their backgrounds, the firm's nationwide reach, and their deep experience advising residential service contractors. Jason and Wes share how they became passionate about serving the trades, often working with founders and entrepreneurs on everything from daily legal needs to major transactions. They recount a recent success story where they went above and beyond to close a complex deal that helped a contractor achieve his dream retirement. Listeners will gain valuable legal insights, including: Workforce compliance: I-9 audits, ICE enforcement policies, and subcontractor agreements Succession planning: Building management teams early, structuring ownership for tax and estate benefits Contracts: Standardizing agreements, including renewal clauses and price escalators, and ensuring assignability for future transactions M&A readiness: How their private equity experience benefits contractors preparing to sell Jason and Wes also explain how contractors can work with them—whether for one-off issues or ongoing general counsel—and share their direct contact information. Resources & Contact: Wes Scott: wscott@fbtlaw.com | (901) 277-3988 Jason Brace: jbrace@fbtlaw.com | (615) 969-4797

    26 min
4.8
out of 5
24 Ratings

About

Do you like stories about business? I do! I’m endlessly fascinated by the creative and innovative strategies business people employ to build their businesses. I love the stories of how businesses were started, bought, sold, grown, failed, and the stories of pitfalls and advances. They’re all interesting. As someone who runs a business and advises others who run businesses, I find the stories useful and informative as well as cautionary and inspirational.