84: Pitfalls to Avoid When Selling Your Business - Paul Visokey, Stony Hill Advisors

There are numerous pitfalls that can derail the process when selling your business. It’s an intensive undertaking that requires the right team of collaborators to guarantee success. Paul Visokey, President of Stony Hill Advisors, returns to the Succession Stories Podcast and joins host Laurie Barkman to discuss the realities of selling - before, during, and after the process.    Learn more about: Navigating the private market when selling your company A detailed look at each stage of the selling process Understanding the lower middle market What the current economic situation means for M&A Getting your financial records in order Taking the guesswork out of business valuations Post M&A considerations     Show links: Age Wave Whitepaper: https://stonyhilladvisors.com/the-age-wave Episode 52 Paul Visokey, “Monetizing Your Business Through M&A” Episode 82 John Warrillow, “Selling Your Company” Episode 68 David Wible, “Value Creation Revenue and Subscription Businesses” paul@stonyhilladvisors.com       Is this the year to sell your company? Don't leave your exit to chance. Stony Hill Advisors works with owners like you to get ready and maximize value when you're ready to sell. Visit www.stonyhilladvisors.com/podcast for a complimentary business valuation.     About Succession Stories Podcast Succession Stories is hosted by Laurie Barkman, the Business Transition Sherpa-- guiding business owners through the process from "transition to transaction." Learn more at https://smalldotbig.com  Book a 1:1 Advisory call at: www.meetlauriebarkman.com lbarkman@smalldotbig.com   We appreciate your support...subscribe, share, and post a review to share what you like about the show!

Om Podcasten

Succession Stories is an award-winning podcast guiding entrepreneurs from transition to transaction hosted by Laurie Barkman, The Business Transition Sherpa®. Succession Stories explores the entrepreneurial stages of a business from growth to maturity focusing on value creation, exit planning, succession, and M&A for owner-led companies. If you are an entrepreneur looking for inspiration to create a more valuable business, or an owner who wants to figure out the best way to transition or sell their closely held company, this podcast is for you. Hosted by Laurie Barkman, Amazon best-selling author of "The Business Transition Handbook: How to Avoid Transition Pitfalls and Create Valuable Exit Options." Learn more about Laurie's strategic business transition planning and M&A advisory services by visiting: https://thebusinesstransitionsherpa.com