Tom Bronson, host of the Maximize Business Value Podcast, takes this episode to discuss why it is so important for business owners to develop a transition strategy, and how the process can be planned efficiently. Only 17% of businesses exit successfully, so Tom’s focus is on providing value to business owners who will hopefully become members of the “17% club.” Some of his suggested strategies include partnering with a CEPA, getting an estimate of your business value and documenting your processes. Listen now to learn how to transition on your terms!
Tom Bronson is the founder and President of Mastery Partners, a company that helps business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery utilizes proven techniques and strategies that dramatically improve business value that was developed during Tom’s career 100 business transactions as either a business buyer or seller. As a business owner himself, he has been in your situation a hundred times, and he knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Want to chat more or think Tom can help you? Reach out at tom@masterypartners.com or check out his book, Maximize Business Value, Begin with The Exit in Mind (2020).
Mastery Partners, where our mission is to equip business owners to Maximize Business Value so they can transition their business on their terms. Our mission was born from the lessons we’ve learned from over 100 business transactions, which fuels our desire to share our experiences and wisdom so you can succeed.