Sell Your Business on Your Terms

Episode 1 of the Finish Strong Podcast podcast, hosted by CreativeOne, titled "Sell Your Business on Your Terms" was published on August 30, 2023 and runs 13 minutes.

August 30, 2023 ·13m · Finish Strong Podcast

Summary

Welcome to the Finish Strong Podcast, where we dive deep into the world of selling your business on your own terms. Are you a small business owner in the United States? Chances are, a significant portion of your net worth is tied up in your business. That's why it's crucial to think about your exit strategy well in advance. In this podcast, we tackle the often-overlooked aspects of selling a business, providing insights, expert advice, and actionable steps to ensure you finish strong. Hosted by Dennis Mattern, this podcast brings together seasoned experts to discuss the ins and outs of successful business exits. Scott Bushkie, the managing partner and founder of Cornerstone Business Services, an investment bank, joins in. He's also the author of the book "Finish Strong," which serves as a comprehensive guide to the complex process of selling a business. Kelly Carter, CEO of Beacon Retirement Planning Group, adds his insights to the conversation. With a focus on the financial aspect of selling a business, Kelly emphasizes the importance of aligning your financial goals with your exit strategy. Throughout the podcast, you'll learn about the challenges that business owners face when trying to sell their companies, including the shockingly low success rate of businesses that actually complete a sale (20% to 30%). You'll gain insight into the mistakes business owners commonly make when trying to sell on their own and why building a team of experts is crucial to success. The podcast's episodes cover a range of topics, including: - The inevitability of exiting your business and why planning for it is essential. - Identifying what truly matters to you as a business owner before you make the decision to sell. - Navigating the complexities of transitioning your business to family members or other buyers. - Understanding the right timing for selling and when it might not be the right choice. - Strategies to prevent seller's remorse and ensure you're satisfied with your decision. - Differentiating between various types of buyers and their impact on your sale. - Enhancing the value of your business before you sell to maximize your return. The Finish Strong Podcast provides valuable insights, actionable advice, and real-world stories that resonate with business owners at various stages of their journey. If you're a business owner looking to secure your financial future and make a successful exit, this podcast is your go-to resource. Whether you're considering selling in a few years or a decade, the discussions in this podcast will guide you on your path to finishing strong and achieving your goals. Don't miss out on this essential knowledge for business owners. Subscribe now and join the conversation.

Episode Description