For New Sellers: Strategies for Successfully Preparing Your Company for Sale
Jun 14, 2024•44 min
Episode description
View the complete show notes for this episode.
What are the most common mistakes sellers make when it comes to selling a middle-market company? M&A expert Jim Stevenson shares tips and strategies for preparing a company for acquisition. He discusses common mistakes such as not planning for an exit or not presenting a company in the best possible light, the importance of cultural fit, the need for a clear and compelling business story to attract potential buyers, and the value of hiring experts in the M&A process to increase value and successfully sell.
What you’ll learn:
- Preparing for Sale: Strategies to groom your business and prepare a go-to-market strategy.
- Company Culture: Why it’s important to consider cultural fit between companies for operations and post-merger integration.
- Customer Needs: The importance of understanding customer needs and how your product or service solves problems.
- Expert Advice: Why you need expert help to maximize value and sell your company.
Want More? Related Resources:
- Business Exit Plan & Strategy Checklist | A Complete Guide
- Tips on Preparing Your Business for Sale
- M&A Basics: Building a Sellable Business
Additional Resources:
- Planning to sell your business? Schedule a free consultation today.
- Download a free PDF copy of The Art of The Exit: The Complete Guide to Selling Your Business, Acquired: The Art of Selling a Business With $10 Million to $100 Million in Revenue, and Food and Beverage M&A: An Insider’s Guide to Selling a Food or Beverage Manufacturing, Distribution, or Grocery Business.
- Purchase your copy now of A Beginner’s Guide to Business Valuation | The Exit Strategy Handbook | Closing the Deal
Listen to Other Episodes:
- An Expert’s Views on Effective Post-Merger Integration Strategies with Ben de Haldevang
- A Buyer’s Perspective — Why the Human Side is More Important Than Money in M&A Transactions with Austin King
- A Lawyer, a Banker, and a Seller Walk Into a Bar … with Michael Frankel
- Expert Advice from a Buyer – Why You Should Prepare Your Business for Sale with Scott Hile