Getting the Best Price for Your Business: Expert Advice from Scott Larson

Today, we sit down with Scott Larson, a financial expert with over 15 years of experience in investment banking, private equity, and hedge funds. Scott founded OutFin Group in 2023, which helps founders of $2-$20 million revenue businesses prepare for profitable exits. With a background in investment banking at JPMorgan Chase and private equity experience at GCP Capital Partners, Scott shares valuable insights from his impressive career.In this episode, Scott discusses his journey from New York City's financial district to becoming an advisor for business owners. Learn about common pitfalls in the selling process and how to avoid them, the importance of financial infrastructure, and crucial steps to take 18-36 months before a sale. Scott also shares real-world examples of failed deals due to financial oversight and how strategic changes can lead to better outcomes.Whether you're an entrepreneur considering a sale, a CFO optimizing business value, or simply interested in finance, this episode offers actionable advice.Key Topics Covered:Building a solid financial foundationMaximizing business value with financial infrastructureCommon mistakes during the sale processSuccessful negotiation strategiesBenefits of partnering with financial expertsFollow Scott Larson:Website: outfingroup.comTwitter: @IAmScottLarsonDon’t miss our weekly episodes every Wednesday. Follow and subscribe to stay updated!