Life Changing Questions For Business Owners
Business:Management & Marketing
217: How To Exit Your Business For Maximum Value With Brett Story & Kevin Bees, Profit Maximisation Expert
Brett Story has 20 years specializing in arming business owners, management teams and boards with the information they need to decide when to sell a business or raise capital, and then his team skillfully executes those transformative and often life-changing transactions.
Brett Story shared in this episode:
How M&A can help us realise a life changing sum when we exit our business
How to find the right strategic buyer for your business
How to value your business, and achieve the valuation in the sale process
Definitions of key terms such as contingent purchase price, earn-out and, role-to-equity
How to set up earn-out arrangements successfully
The importance of being realistic with expectations
The importance of carefully selecting the buyer who you will be partnering with going forward and how to do so.
The mistakes that people make doing deals, and how to avoid them
How to maintain some control post sale
His life-changing question: “What is the life I want to build?” And how visualizing the answer to that question helped Brett manifest it.
Why you should be discerning with who you spend time with.
And much more….
Resources Mentioned In The Show:
https://www.linkedin.com/in/brettstory/
Brett@Britehorn.com
If you would like more insights on profit maximization for your business, visit www.ProfitHive.com.au
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