Connecting Transferable Value and Exit Planning

In this week's Hot Seat, Ed Wandtke and George Sandmann discuss the intricacies of business exit planning and valuation. They explore the various purposes of business valuations, the methods used, and the implications of these valuations on business sales. The discussion highlights the importance of leadership in maintaining business value, the differences between internal and external sales, and shares case studies of successful and failed exits. The conversation emphasizes the need for business owners to focus on building a sustainable and valuable business that can thrive beyond their involvement.