Page de couverture de Best Of: How a Son Bought the Multi-Million Business

Best Of: How a Son Bought the Multi-Million Business

Best Of: How a Son Bought the Multi-Million Business

Écouter gratuitement

Voir les détails du balado

À propos de cet audio

Episode featuring returning guest Valerie Vaughn, premier and award-winning business broker, discussing a seven-year succession plan where parents prepared to sell their established business to their son. Topics include team-based planning with a wealth manager, accountant, and attorney; preparing the company for sale; SBA lending and financing hurdles; and the son’s transition from top salesperson to owner (including getting a contractor’s license).

Key points: the value of long-term planning and objective valuation, operational changes that doubled company value, family dynamics and intermediaries’ roles, lender interactions and timing challenges, and the successful closing and lessons for business owners considering internal or third-party exits.

Pas encore de commentaire