Welcome back to another edition of The Wise Exit newsletter. This week, we're introducing something new.
🎙️ We're Launching a New Educational Show!
Wise Up on M&A
A lot of the content we put out at Exitwise is built for business owners in the middle of a deal, or well on their way to an exit. And that means that we get into some pretty detailed topics. Sometimes going to places that are difficult to follow. Especially for first timers. So we decided to do a full rewind, and get back to the basics.
Wise Up on M&A is our new educational series on Youtube. Real questions from business owners & conversations about topics that may come in handy. Because, if you ever nodded along in a conversation about M&A, hoping nobody notices you're lost, this is for you, this is why we are having these conversations.
Some of you already know this stuff cold. This might be too basic for you, and that's fine. For others, it might be a good refresher. And if you've got a friend building a company right now, someone a few years out from even thinking about an exit, send this their way. It's a good place to start.
We're not promoting this on LinkedIn until the Fall, so right now it’s quietly live, and you're getting it before almost anyone else does.
Episode one focuses on why you even need an M&A team at all: Why can't you just sell your business yourself, and what is stopping founders from working with M&A teams?
🎧 Listen to the podcast version here
❓ 5 Questions to Ask Yourself This Week
1️⃣ If a buyer knocked on your door tomorrow, would your first instinct be to handle it yourself?
2️⃣ You've already learned to delegate marketing, finance, ops to people better at it than you. Why would selling your business be any different?
3️⃣ When you think about who'd help you through a sale, who's top of mind?
4️⃣ What is your hesitation to bring in outside help when it comes to selling your business?
5️⃣ Is saving a few points on advisor fees worth the risk of a deal falling apart, or dragging on for months longer than it should?
🎯 Want More of This?
If you're comfortable, hit reply and let us know. Is this something you'd want more of? Anything you would like us to cover?
Talk next week,
Brian Dukes
Managing Partner at Exitwise
Whenever You're Ready, Here Are 3 Ways We Can Help You:
1. Get a free read on the value of your business
How do you determine what a business is worth? Take the guesswork out of your business's value with our free valuation calculator, based on 1000's of private sales and industry insights:
2. Add an Exited Founder to your M&A team
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3. Need help preparing your business for a sale within the next 12-18 months?
If you’re preparing to sell your business within the next 12-18 months, we’ll help you build the right plan and connect you with the right buyers.
