Behind the Buy: Business Acquisition Insights

Behind the Buy: Business Acquisition Insights | The MKB Podcast Episode 61 Link to video podcast episode: https://youtu.be/YFDm_fKlNhQ  👉Join host Jen Fizer for her debut episode on the MKB podcast! Jen, now also the new CEO of MKB, welcomes Micah and Drew Clukey of Clukey and Tebault to discuss the intricacies of business acquisitions. 🎙️ The conversation covers essential steps in the due diligence process, the importance of having a solid foundation for financial management 📊, and the challenges and opportunities in selling to private equity firms or individual buyers. Drawing from their own experiences and client interactions, the guests provide valuable advice for ensuring a smooth and successful business acquisition. Whether you're buying or selling, this episode is packed with insights to help you navigate the complexities of the acquisition process! 🌟 📌Tune in next week for part 2! 00:00 Introduction and Host's First Episode 00:12 Meet the Guests: Micah and Drew Clukey 00:35 Business Acquisitions: Key Insights 01:07 The Importance of Due Diligence 02:33 Foundations for Business Success 08:10 Private Equity and Business Sales 08:41 Steps to Prepare for Selling Your Business 12:35 Challenges of Selling to Private Equity 13:50 Selling to Individual Buyers 16:38 Real-Life Business Sale Examples 21:06 Connecting Buyers and Sellers  To connect with our guests, please visit: https://www.clukeyandtebault.com/  Don't forget to subscribe for the latest podcast episodes and more from  @mkbcfo  Do you have your own financial questions for MKB? Please visit: Website: https://mkbcfo.com Instagram: https://www.instagram.com/mkb_cfo/ Facebook: https://www.facebook.com/mkbcfo LinkedIn: https://www.linkedin.com/company/mkbcfo #millsknowsbills #mkb #financialpodcast #fractionalcfo #resilience #consistiency #businessfinance #businessowner #businessacquisition