View the complete show notes for this episode.
“If you build it, they will come” is an expression that applies to starting a company as well as a baseball field. Thinking about what buyers want and avoiding the pressure to sell in a specific timeframe can help you increase your company’s value when the time comes to sell. With 25 years in corporate M&A, Guillaume Thomas helps sellers understand what the M&A process looks like for buyers. He also shares how he has used these same lessons to start his own company, which has grown out of his four-generation family business.
What You’ll Learn * Valuation: The importance of realistic valuations, the impact they have on negotiations, and why it is critical to understand the buyer’s motivations. * Multiples: What the drivers are behind multiples and how they change. * Due Diligence: The critical role of financial transparency and organization throughout the due diligence process to show professionalism and build trust with the buyer. * Entrepreneurship: Insights into the emotional challenges and rewards of transitioning from corporate executive to entrepreneur.
Want More? Related Resources: * Business Valuation Basics: 9 Critical Concepts to Understand * Business Exit Plan & Strategy Checklist | A Complete Guide * Preparing Financial Statements When Selling a Business
Additional Resources:
Listen to Other Episodes * How to Build Maximum Strategic Value in Your Business with Mac Lackey * The Emotional Rollercoaster of Buying or Selling a Business with Drew Bisping * Financial Due Diligence – Why It’s Important to Prepare for the Sale of Your Company with Patrick O’Connell