How To Sell Show
HTSS159 - what to expect when private equity buys your employer in sales (Part 1) - Scott Sylvan Bell
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:17:12
- More information
Informações:
Synopsis
Private equity and your sales role changes Private equity is buying small, medium, and large businesses. These roll-ups are being fueled for revenue and future values of the companies. The company you work for could be in the hands of an owner you know one day and then its sold the next. You have an owner you know one day and then you are owned by a faceless group the next. The first thing they say is “nothing will change”. You need to know this isnt true. What to expect from new company owners with private equity When a company is bought you will have major changes coming your way. You can expect these changes to happen quickly. Here are a few things to expect: Prices will be increased / maybe multiple times It will mostly be about the money from here on out Rules will change / all of them Investment in your 401 / retirement will change They may want you to train / they want your skills to be duplicated across their company Teams will be combined Management changes in sales when private equit