At a gathering for entrepreneurs, Certified Exit Planning Advisor Derek Ripp and investment banking / M&A advisor Jim Gerberman discuss how to prepare for a successful business sale. This includes company readiness and the owner's personal financial readiness. Derek and Jim discuss identifying a company's current value, making business improvements to boost the potential sale value, establishing realistic expectations, minimizing risks, coordinating a team of professional to support the entrepreneur, and completing a successful sale. With in-depth planning, business owners can enjoy an "exit without regrets" that supports their lifestyle, serves as a launching point to new adventures in life, and establishes a meaningful legacy.
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