After nearly 3 years of doing his podcast, Marvin has been faced with an opportunity to pursue his post-exit dreams. Listen to Marvin explain the importance of having a post-exit plan, his thoughts on the podcast thus far, and his plans for the future of the podcast. While the podcast may be on pause, for […]

The post Pursuing Post-Exit Dreams & Hitting Pause On The Podcast. appeared first on Business Exit Stories.

An offer was made on a client’s business by a strategic buyer and through the application of both skill and using the strategic buyers own financial metrics convinced the buyer and their advisors that it was to their benefit to pay not two or three, but four times more than their original offer to acquire […]

The post How a Sales Price Went From 1X to 4X with the Stroke of a Pen appeared first on Business Exit Stories.

An importer of garden plants and supplies that was growing at an intense rate and making tons of money still couldn’t get their business sold or find a buyer until an advisor approached the problem and came up with an interesting solution. A third generation security and door hardware distributor that was the premier value-added […]

The post Part Two – Michael Richmond: What Happens When the Owners of a Company Don’t Know Why Their Company Was Valuable appeared first on Business Exit Stories.

A company that manufactured orthopedic implants for pets was growing and profitable. However, getting this company positioned for an exit and finding the right acquiring company proved to be an extraordinary challenge that required some insightful thinking. Two women 25 years ago open a small retail bakery that makes sweets in the form of cookies and […]

The post Part One – Michael Richmond: Why a Company That Was Growing Exponentially Couldn’t Get Sold appeared first on Business Exit Stories.

A business that was given birth after the breadwinner in the family was laid off. To make ends meet, the breadwinner’s wife started cleaning houses. Because she was allergic to many of the chemicals that are commonly used in household cleaning supplies, she began to use organic cleaning supplies and then promoted her organic orientation […]

The post Part Two – Linda Broom: Why a Business Growing By Leaps and Bounds Couldn’t Get an SBA Loan appeared first on Business Exit Stories.

A family-owned retail produced market that procured its fruits and produce from local growers. The family had operated the business for 10 years and as the kids got older and started to leave for college, they didn’t plan on continuing to work in the business. Which is a common theme for many family-managed businesses these […]

The post Part One – Linda Broom: The One Thing You Can’t Forget When Selling a Business – If You Do It Can Cost You Big Time appeared first on Business Exit Stories.

A fitness business franchisee of a national franchised fitness center accepted an offer from a qualified buyer. While excited to be stepping away from his business as he had other business opportunities he wanted to pursue, he made an interesting terrible decision before the business sale closed escrow. A buyer for a 19-unit fitness business […]

The post Why You Shouldn’t Buy a $400,000 Ferrari Before Your Business Sale Closes appeared first on Business Exit Stories.

A family-owned business that had been successful for decades was turned over to the founder’s son. While succession planning was a part of the long-term plan for the founder, the execution of the plan didn’t go as planned.  Two companies with similar issues when being positioned for sale and how the two founders handle their […]

The post A Success Plan That Took a Business Worth Million to Zero appeared first on Business Exit Stories.