Exit With Ease, with Janise Graham and Diana Murphy, Part 5 - Understanding Business Valuation in Owner Exits
In this episode of The Leader's Table Podcast, I sit down with Denise Graham, author of Leaving In Style: Business Succession On Your Terms to dive deep into the complexities of business valuations and ownership transitions.
You'll hear about:
The emotional and psychological impact of learning your business's true value
Key factors influencing business valuations like customer concentration and product demand
Real-life stories on the consequences of insufficient advice
The importance of expert guidance in managing valuation surprises and selecting the right buyers
How to align personal and professional goals for a smooth transition and a successful exit strategy
Join us for expert advice and heartfelt stories that illuminate the path for business owners planning their exit.
Time Stamps:
00:00 Introduction to Owner’s Exit
00:46 Understanding Business Valuations
02:59 Key Factors in Valuation
06:35 Emotional Aspects of Valuation
09:07 Handling Surprising Valuation Outcomes
12:41 Industry-Specific Valuation Considerations
14:27 Reflecting on the Valuation Process
16:05 Pre- and Post-Valuation Steps
18:33 Navigating Offers and Buyer Selection
19:48 Transitioning After the Sale
21:49 Unique Owner Experiences
23:10 The Importance of Advisors
27:51 Final Thoughts