20 Issues You Should Consider When Planning For The Sale Disposition Or Succession Of Your Business with Axiom Founder’s Family Office.
Release Date: 04/10/2024
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info_outlineDOWNLOAD THE CHECKLIST: https://foundersguidepost.com/2024/04/09/20-issues-you-should-consider-when-planning-for-the-sale-disposition-or-succession-of-your-business/
In episode #40 of the #FoundersGuidePost Podcast, I'm joined with my business partner, Tom Marki, to talk about the 20 issues business owners should consider when planning for the sale, disposition or succession of their business. This is a checklist we use with clients and founders to skillfully navigate the intricacies of selling, disposing of, or stepping away from their business.
Throughout the episode, we tackle several pivotal areas, such as:
- The role key individuals play in ensuring the continued success of the business after its sale.
- The variables of planning for family succession.
- The process of business valuation and appraisal.
We also discuss the importance of addressing any potential liabilities and the need for competitive compensation packages before standing in front of potential buyers.
What we're really stressing here is the importance of early and thoughtful planning.
Exiting a business isn't just a financial or legal maneuver; it's a process with moving variables. Our aim with this episode is to equip founders with the insights and tools they need to navigate these complexities, ultimately ensuring the best possible outcome for everyone involved.
What You’ll Learn:
- Learn to Plan Like the Best: Learn the roadmap for business founders considering the sale or transition of their businesses.
- Key Focus Areas for Business Exit Strategies: The core elements vital for a smooth business exit.
- The Critical Importance of Early and Comprehensive Planning: Learn the absolute necessity of initiating the exit planning process early and adopting a thorough approach.
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Links & Resources:
Find Tom on LinkedIn
Preserve Your American Success Story!
Find Armando on LinkedIn