The Business Owners Guide “Lessons Learned In Buying & Selling Closely Held Businesses” recounts real–world stories shared by five business owners that recently sold or acquired a company. This is hands-on practical advice from active business buyers and sellers.
This Business Owner Guide recounts the details of a panel where all five business owners assembled shared true stories, antidotes and advice. Readers may be surprised by the five key takeaways:
- When to start preparing the business
- How to look at the business
- What to do during the sale process
- What success is dependent on
- What kind of mindset is imperative
The panelists shared their true stories on topics like; what actually triggered the decision to part with the company they had built. You will read about how the grandson of a founder that started the company in 1898 had to deal with his mother. And, how the entrepreneur with a masterplan, made six acquisitions in order to pull the right business components together, and how, when it was time to sell he had 25 initial offers!
Learn what goes into building a deal team, who needs to be part of the team, and who needs to know about it. All sellers are looking to generate the maximum amount for their business, these former owners shared their secrets on what they did to increase multiples prior to the sale.
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