Selling Your Business to Private Equity

In this episode of the Mind over Money podcast, Brian and Blake sit down with Scott Hanson, co-founder of Allworth Financial, to talk about what really happens when a business owner sells to private equity. Scott has sold multiple businesses himself and is currently working on a book about navigating the private equity sale process. What you will learn: -How to prepare before a sale -The mechanics of a deal: earnouts, rollover equity, “second bite of the apple” -The emotional side of giving up control -Who probably should not sell to private equity -Common tax mistakes founders make before liquidity events -Estate planning and charitable strategies to consider before a sale If you’re even considering a sale at some point in your future, planning doesn’t start the year you go to market. It starts now.