The Business Coach

Selling Your Company For Top Dollar Part 1 | The Business Coach - Episode 47

Maui Mastermind

In this episode of The Business Coach Podcast, hosted by David Finkel and co-hosted by Rich Wood, the Coaching Director for Maui Mastermind, the focus is on how to strategically maximize the sale price of your company. The discussion covers various aspects such as identifying and preparing for the right type of buyers, the importance of having clean financials, and understanding different sale structures. The episode emphasizes the significance of being proactive rather than reactive when planning a sale, the value of building a compelling business story, and the necessity of having a knowledgeable advisory team. Rich and David also highlight how to avoid common pitfalls and set the stage for a successful sale. The conversation is broken into two parts, with this episode focusing more on strategy, and part two delving into contractual details and post-sale life.
----- 
00:00 Introduction and Podcast Overview
00:42 Meet the Hosts: David Finkel and Rich Wood
01:04 Maximizing the Sale of Your Company: Part 1
01:55 Rich's Adventures: Skydiving and Bungee Jumping
04:08 Strategic Planning for Business Exits
09:15 Types of Buyers and Their Impact
12:39 The Role of Private Equity in Business Sales
16:49 Deal Points and Contractual Considerations
24:44 Preparing Financials for a Successful Sale
32:06 Conclusion and Teaser for Part 2
----- 
Links
Website: mauimastermind.com/
Facebook: facebook.com/MauiMastermind/
Instagram: instagram.com/mauimastermind/
LinkedIn: linkedin.com/company/maui-mastermind