Episode 44 – Seven Steps of Exit Planning Part 2
Podcast: Play in new window | Download | Embed
Subscribe: Spotify | Email | TuneIn | RSS | More
Once you understand the value of your business and your goals for the future – how do you sell your business?
In part two of this mini-series, Tim Scannell continues his seven steps of exit planning. He discusses the steps to selling your business once you understand its value and your goals. Tim reveals the taxes added when selling internally and factors you should review when looking at an external sale.
In this episode, you will learn:
- The importance of understanding your business’s value
- Factors to consider when selling externally
- How selling internally is taxed
- The importance of contingencies for the business and the owner
- And more!
Tune in now to discover the steps you should take when preparing to sell your business!
Resources: HighTower Great Lakes | Episode 43