From The Desk Of
Luntadila Paulo, CPA, MBA
Chicago, IL
Dear Business Owner,
Did you know that over 80% of businesses never get sold? Did you know that the majority of business owners either wind down their companies or liquidate their business assets?
Even among the near 20% of businesses that get sold, many business owners sell at less value or under the least optimal conditions…
Whether you are starting to think about retirement or a sale in the next 3 to 5 years, or a sudden life situation is pushing you to exit from the business in the near future, a business sale is one of the most complex, yet one of the most important decisions and transactions you will have to navigate as a business owner!
This could be one of the last and largest paychecks you will receive as a business owner.
Your hard work for the past few decades may give you the final payday to add more money into your retirement, explore other interests, or simply diversify your holdings.
As a CPA and a former investment banker who specializes in helping business owners prepare their businesses to sell for top dollar and increase the business value and cash flow, while reducing the risk of remaining stuck in a business that can’t be sold…
I understand the challenges you face when seeking to exit.
The truth is, one of the biggest obstacles to your financial success and quality of life in your retirement could well be whether you can sell the business at the desired financial target...
The worst part is that many business owners unknowingly haven’t prepared their business for sale neither have a succession plan in place that meets their exit goals.
In fact, I've discovered that there are 7 exit mistakes business owners make that are ruining their chances of getting a big check when they sell…
The problem I run into all the time is that most of the business owners I talk to don't have any idea that they have one (or more) of these business-value-destroying problems...
That’s why I wrote my latest book…