DiscoverInside the Director's CircleWhy Should I Be Thinking About Exiting My Business?
Why Should I Be Thinking About Exiting My Business?

Why Should I Be Thinking About Exiting My Business?

Update: 2023-10-03
Share

Description

In this episode, hosted by Jason Langford Brown founder of the Director Circle, practicing business advisor and coaching psychologists - we look at why, when and how you should be looking at exiting your business.

 

Along with Chasz Coulsting who is the Director of Corporate Finance at Crowe UK, they look at the right time to start planning your exit from the business.

 - Identifying the correct process - and people - to take over

 - When to tell other people in the business

 - When and how to approach buyers, or accept approaches from buyers

 

If this is something you are thinking of - listen to this episode. If this is something you haven't been thinking of - you definitely have to listen to this episode.

 

Timestamps

00:00:13 Why thinking about selling is crucial now.

00:04:17 Owner-managed businesses discuss exit plans & retirement.

00:06:51 Frustration for clients wanting to exit business.

00:11:16 Exit potential, management team, and suppressed price.

00:14:03 Planning ahead: management team, strategy, maximizing value.

00:17:18 Plan for management and continuity of business helps increase pool of buyers.

00:21:22 Business leaders struggle with finding worth beyond being busy; recalibration is necessary to maximize value and achieve personal goals.

 

Chasz can be found here:

linkedin.com/in/chasz-coulsting-56075441

https://www.crowe.com/global

 

Get in touch with The Directors Circle here:
 
 
 
 
Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Why Should I Be Thinking About Exiting My Business?

Why Should I Be Thinking About Exiting My Business?

MonkeyPants Productions