Listen "Engaging Experts Early is the Key to Selling Your Business (Scottsdale Founders Forum)"
Episode Synopsis
In Ep. 52 of the #FoundersGuidePost Podcast, we revisit the Fall '22 Scottsdale Founders Forum. Business experts take you through how selling a business is a major and complex event that requires careful planning, preparation, and the right team of professionals. The team includes M&A intermediaries, investment bankers, attorneys, and tax strategists. By engaging with advisors early, tracking key financial metrics, and creating a competitive bidding environment, business owners can maximize the value of their sale. We also learn how to plan ahead, especially with taxes, and to understand the risks associated with earnouts to ensure the best possible outcome. What You'll Learn: Early Planning and Expert Help: Start planning early and involve professionals like M&A intermediaries, investment bankers, attorneys, and tax strategists to ensure a smooth, profitable sale. Boost Value with Competitive Bidding: Use an auction-style process with multiple buyers to drive up the sale price and let the market determine the business's true value. Tax Strategy and Earnout Risks: Plan taxes carefully to reduce liabilities and negotiate earnouts wisely since sellers lose control of the business after the sale. LOVED this episode? Leave us a review and rating here: https://podcasts.apple.com/us/podcast/founders-guide-post/id1648393214 Links & Resources: Preserve Your American Success Story! Find Armando on LinkedIn
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