M&A Unplugged

24. Survey Review And Happy Thanksgiving!

Informações:

Synopsis

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 prepa