Episode Synopsis "What do I do when I sell my company and get all this money?"
Hear how Allan Flader of RBC Wealth Management, advises Company Founders to handle a large sum of money coming their way after they sell their company. How should they prepare for that? How much do they really need? What other ways they need to adapt their lifestyle, income and assets to meet their post-transaction needs. Most Entrepreneurs need to diversify their assets, but do they really need to sell all the company? Is there a way to sell part of it or just take money out through a dividend or recapitalization? It's a high class problem, but still can be a problem, for Founders who aren't prepared.
Listen "What do I do when I sell my company and get all this money?"
More episodes of the podcast Deal Junkie: Cracking the Private Equity Code
- Private Equity and the Art of Managing Debt
- How Private Equity can help build your Board of Directors
- What do I do when I sell my company and get all this money?
- Legal Landmines in Private Equity and How to avoid them
- Is Amazon Your Friend or Foe?
- Why do I need an Investment Banker
- Building a Beauty Empire
- The Do's and Don'ts of Private Equity
- What is a CEO Coach and why do I need one