Nov 26, 2019
In this episode, Domenic discusses:
- The results from a recent survey with prospective sellers and buyers.
- Understanding the ramifications of a sale.
- Creating a business that is self-managing.
- The upcoming programs and services in 2020 to better prepare for your M&A transaction.
Key Takeaways:
- 84% of the respondents said they were looking to sell their business within the next 5 years.
- 64% of respondents don’t know what they will do after the sale. This is concerning as, in another study, 75% of owners were remorseful after the sale of their business because they didn’t know what the next thing was going to be.
- 82% of the respondents planned to make an acquisition within the next 2 years.
- Chances are, you’re going to have more fun running a business that is self-managing.
"The date on the calendar in which you are going to sell or exit the business may not always be of your choosing. Why not run the business every day so that you know that, if an unscheduled event happens, you are prepared?" — Domenic Rinadli
Connect with Domenic Rinaldi:
Sun Acquisitions Website: www.sunacquisitions.com
M&A Unplugged Website: www.maunplugged.com
Email: marketing@sunacquisitions.com
Linkedin:
Domenic Rinaldi: https://www.linkedin.com/in/domenicrinaldi/
Sun Acquisitions: https://www.linkedin.com/company/sun-acquisitions-llc/
Facebook:
Sun Acquisitions: https://www.facebook.com/sunacquisitions/
M&A Unplugged: https://www.facebook.com/MAUnplugged/
Twitter:
@SunAcquisitions https://twitter.com/SunAcquisitions
@M_A_Unplugged https://twitter.com/M_A_Unplugged
Instagram:
@sunacquisitions https://www.instagram.com/sunacquisitions/
@ma_unplugged_podcast https://www.instagram.com/ma_unplugged_podcast/
YouTube:
Sun Acquisitions: https://www.youtube.com/channel/UCm6H7kkMD6nnXFuHgqx9Ikg
Show notes by Podcastologist: Chelsea Taylor-Sturkie
Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.