Who's Buying Your Business? The Different Types of Buyers and What They Want

Key Takeaways:

1. Know Your Buyers: Understand the difference between individual investors, strategic partners, financial buyers, and family offices so you can sell your business the right way.
2. Match Your Goals: Make sure any potential buyer shares your goals for the business and its future to ensure a good partnership or sale.
3. Partnering Up: Think about working with similar or complementary businesses to offer better services and increase your business's value.
4. Financial Buyers: Understand that private equity groups focus on making quick profits and be ready to adjust your strategy.
5. Employee Buyouts: Look into options like ESOPs, where employees can buy the business to keep the culture and business steady.

 

Chapters:

Timestamp Summary

0:00 Types of Buyers for Your Business

2:59 Deciding Between Individual and Strategic Buyers for Business Control

4:14 Exploring Business Exit Strategies and Buyer Types

7:19 Exploring Family Offices as an Underappreciated Capital Source

7:56 Aligning Business Goals with Potential Buyers

 

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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.