Hosted by Armando Roman

Expert Advice You’ll Need When Selling Your Business (Scottsdale Founders Forum)

In Ep. #50 of the #FoundersGuidepostPodcast, we release the Spring 2022 Scottsdale Founders Forum event, highlighting the critical need for thorough preparation and the right team when selling  your business. Selling isn’t just about finding a buyer; it involves understanding your exit options and planning ahead.

A panel of seasoned professional exit experts take us through the unique challenges of that once-in-a-lifetime sale of your business, emphasizing how family dynamics can impact the successful business transfer. 

This advice, remains just as relevant today: proper planning and professional guidance are essential for a successful exit and the beginning of that next chapter of your life

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What You’ll Learn:

1. Thorough Preparation and Planning: Jim Afinowich and John Farr stress the need for business owners to plan well in advance for the sale or transfer of their business to ensure its success and maximize value.
2. Importance of Professional Guidance: Attorney Mike Patterson highlights the crucial role of experts like attorneys and investment bankers in helping business owners navigate the complexities of selling a business.
3. Family-Owned Business Challenges: The expert panel discusses the unique difficulties in family-owned businesses, particularly with family dynamics and generational transfers, emphasizing the need for clear communication and strategic planning.

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