Everybody Exits Their Business
What You Need to Know to Prepare, a guest appearance by Sarah Goodman, Managing Partner of Eminence M&A Strategies on The Biz Doctor Podcast, hosted by Lauren Goldstein, CEO of Golden Key Partnership.
Lauren Goldstein is the founder and CEO of the award-winning and globally-recognized business consulting firm, Golden Key Partnership. Her clients lovingly nicknamed her “The Biz Doctor” (which also happens to be the name of her podcast) because her superpower is helping 7-figure service-based entrepreneurs uncover what is keeping them stuck in the trenches of their business.
Lauren has been featured in Thrive Global, Huff Post, Authority Magazine and is a trusted expert to Fortune 500 companies like Apple, Nike, and AT&T, among others.
For more from Lauren, and to learn more about her signature diagnostic framework tune in to her podcast, The Biz Doctor, available on all platforms or visit her website https://www.GoldenKeyPartnership.com
We were thrilled for Sarah Goodman to be a guest on the podcast to talk about this important subject.
Did you know that over 80% of business owners don’t have a plan for when they exit their business and 98% don’t even know the value of their business?
Here’s the real kicker though, EVERYBODY, and that means even you listening, exits their business at some point; it just may not be on your terms…. Some exit on purpose and some exit because of the 5 Ds: death, disability, divorce, distress, or disagreement.
Join Lauren Goldstein and guest Sarah Goodman to help make sure that you and your business are not part of those statistics and have a fighting chance to truly make an impact and meaningful exit when you want to.
Key takeaways:
👉 Exit Planning - Every owner will exit, but very few have an exit plan.
👉 Exit Readiness - Those that plan have greater odds of success and better outcomes.
👉 M&A Overview - To achieve best outcomes, the process can take 1-3 years, and includes some tax and financial planning. You can't start too early, but you can start too late.
CTAs/Resources
To get your high-level valuation range, and feedback on areas to focus for a future successful exit visit: https://www.eminencestrategies.com/
Sarah's Book Recommendations: Mindset: The New Psychology of Success by Carol Dweck
The Go-Giver: A Little Story About a Powerful Business Idea by Bob Burg & John D. Mann
