Apex Business Advisors have helped entrepreneurs and would-be entrepreneurs successfully complete hundreds of business acquisitions in the nearly 25-year history of the company. On this podcast, they will take you through the art of business brokering.
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Apex Business Advisors have helped entrepreneurs and would-be entrepreneurs successfully complete hundreds of business acquisitions in the nearly 25-year history of the company. On this podcast, they will take you through the art of business brokering.
Best Of: How a Son Bought the Multi-Million Business
The Apex Business Advisors Podcast
20 minutes
1 month ago
Best Of: How a Son Bought the Multi-Million Business
Episode featuring returning guest Valerie Vaughn, premier and award-winning business broker, discussing a seven-year succession plan where parents prepared to sell their established business to their son. Topics include team-based planning with a wealth manager, accountant, and attorney; preparing the company for sale; SBA lending and financing hurdles; and the son’s transition from top salesperson to owner (including getting a contractor’s license).Key points: the value of long-term planning and objective valuation, operational changes that doubled company value, family dynamics and intermediaries’ roles, lender interactions and timing challenges, and the successful closing and lessons for business owners considering internal or third-party exits.
The Apex Business Advisors Podcast
Apex Business Advisors have helped entrepreneurs and would-be entrepreneurs successfully complete hundreds of business acquisitions in the nearly 25-year history of the company. On this podcast, they will take you through the art of business brokering.