))
Your Exit Strategy… How Well Will You Do?
Fetch error
Hmmm there seems to be a problem fetching this series right now.
Last successful fetch was on October 06, 2025 10:24 (
What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.
Manage episode 451870260 series 3560391
In this episode, Simone and Joshua Monge, a fractional COO specializing in business optimization, discussed the critical steps business owners should take to prepare for a successful exit.
They highlighted the importance of proper structuring, documentation, and maintaining a scalable business identity separate from the owner. The conversation covered topics such as the value of EBITDA, the role of certified professionals in business valuation, and strategies for addressing operational bottlenecks.
The hosts emphasized the need to start the exit planning process early, get one's financial house in order, and document key processes to ensure a smooth transition and maximize the business's value.
Next Steps for Business Owners:
- Clean up financial books and ensure accurate records for at least 3-5 years.
- Document key processes and systems to reduce dependence on any single individual.
- Identify and address operational bottlenecks that could lower business valuation.
139 episodes
Share
