If you show up to the negotiating table without clean financials, the buyer already has leverage.
In the latest episode of The Wealthy Entrepreneur, Brian T. Franco uses a sharp analogy:
Do not show up to a gunfight with a knife.
https://t.co/8lDCHfIQLk
A tax exposure caught in November instead of discovered in April. The books were already accurate. What changed was someone actually comparing them month over month.
“75% of companies do not have an exit strategy. 85% of businesses that go to market do not sell.” – Brian Franco
Robert sits down with Brian, to explore what business owners need to understand about preparing for an eventual exit.
https://t.co/a8LI2gLT20
If your business cannot run without you, it is not as transferable as you think.
In the latest episode of The Wealthy Entrepreneur, Brian T. Franco shares one of his clearest pieces of advice for founders:
Fire yourself.
https://t.co/QwgUr9yQpQ
Celebrating This Week’s Workaversaries 🎉
We're excited to highlight the team members marking milestones at Gauvreau. Join us in celebrating:
• Erika — 3 years on Tuesday
#WorkAnniversary#EmployeeAppreciation
The founder exit is inevitable.
But how do you make it the most iconic exit, ever?
Brian T. Franco explains why exit planning is not only for founders who are actively trying to sell their business.
https://t.co/aQP5VRTzoR
“We are all inevitably going to exit our companies. The big question is, is it going to be on your terms or someone else’s?” – Brian Franco
Robert sits down with Brian Franco, to talk about why exit planning shouldn’t begin when you’re ready to sell.
https://t.co/of3Q6871tZ