Episode Details

Selling a business can be one of the biggest financial events of an owner's life, but getting a good deal takes more than simply finding a buyer.

This week, Jeremiah Bates is joined by Rob Wolfe, Managing Director at Apollon Wealth Management, to discuss what makes a business attractive to potential buyers and how owners can prepare years before an exit. They cover the difference between owning a practice, a business and an enterprise, along with owner dependency, recurring revenue, customer concentration, clean financials, due diligence and the factors that can ultimately influence what someone is willing to pay.

They also answer real questions from business owners approaching a sale, including how to determine what a company is actually worth, who should be involved before responding to an offer, taxes after a sale and how to turn the proceeds from a business into long-term financial independence.

Then, the conversation shifts to investing beyond traditional stocks and bonds. Jeremiah and Rob break down private equity, private credit and other private-market investments, how access to these investments has expanded, where they may fit within a portfolio and one of their biggest tradeoffs: liquidity.

Listen, Watch, & Connect!

https://www.therealmoneypros.com

—————————————————————

Ataraxis PEO

https://ataraxispeo.com

Tree City Advisors of Apollon:

https://www.treecityadvisors.com

Apollon Wealth Management:

https://apollonwealthmanagement.com/

—————————————————————