Episode 22: Mastering the Market-Strategies for Buying, Selling, and Valuation for Your Business

Bite Sized Finance

Unlock the secrets of navigating the business marketplace and take control of your entrepreneurial destiny with expert guidance from Randy Hendershot of Evolution Advisors. Join me, Kelly Brothers, as we traverse the complex terrain of buying, selling, and valuing businesses. Whether you're an established business owner contemplating an exit, or a corporate refugee yearning for the thrill of entrepreneurship, this episode promises to equip you with the strategic tools you'll need for success. Embark on a captivating exploration of what it takes to craft a robust exit strategy and the art of business valuation as the conversation continues. Randy's tales from transitioning Enterprise Rent-A-Car locations to guiding clients through business sales will illuminate the path to maximizing your company's worth. He also shares compelling stories of individuals who took the leap from employment to ownership, providing you with both inspiration and concrete strategies to follow suit. Gain insight into the emotional journey of buyers and sellers, and learn why your emotional investment in your business is just as crucial as your financial one. We'll wrap with a focus on the essential foresight needed for succession planning and how to prepare your business for a profitable sale, even if it's not on the immediate horizon. We discuss the role of real estate in selling your company and the importance of customer diversification and modern financial analytics in attracting serious buyers. Join us as we dissect these critical aspects of business transactions to ensure that when the time comes, you're not just ready—you're ahead of the game. To learn more about Evolution Advisors, visit https://evobizsales.com/ For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: [e-mail] To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/