Don't Let Your Money Slip Away: Unveiling the Top 5 Reasons Sellers Lose Money When Selling Their Business
Manage episode 421028223 series 3494671
Embark on a captivating journey as we unveil the top 5 reasons sellers lose substantial amounts of money when selling their businesses. Prepare to be astonished by the recurring mistakes that have cost entrepreneurs hundreds of thousands, even millions of dollars. Brace yourself for a thrilling episode that reveals the hidden pitfalls and offers valuable insights to safeguard your financial success.
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1. Hello and Welcome. Introduction (00:00:00)
2. Very Important Topic I've wanted to share with you (00:00:39)
3. Reason #1: Lack of Financial Sophistication (00:00:59)
4. When to hire a fractional CFO (00:01:48)
5. Reason #2: Going to Market Prematurely (00:02:48)
6. Reason #3 Lack of Tax Planning (00:04:08)
7. Reason #4 Unrealistic Value Expectations (00:05:37)
8. Reason #5 Not Clearly Defining What is Included in the Sale (00:06:30)
9. Taking the time to get the sale right (00:07:19)
10. Ending and contact information (00:08:42)
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