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A business owner in Chicago decided it was time to sell his manufacturing company. After 30 years of hard work, he wanted a “fair deal” and a smooth exit. One...
A business man walked into a bank in New York City and asked for the loan officer. He told the loan officer that he was going to London on business...
Characters: Martin (Business Owner) Elaine (Estate Attorney) Scene: Late afternoon in a quiet, glass-walled conference room overlooking the company’s headquarters. The last of the staff have gone home. Martin sits...
Characters: Frank – Seller, late 60s, seasoned owner of a large plumbing company Evan – Buyer, early 40s, sharp, observant, cautious Scene: Late afternoon in a large yard behind the...
Sam – Owner of a small manufacturing company Jordan – Potential buyer doing due diligence Jordan: Thanks for sending over the financials, Sam. The margins look strong, especially the last...
Characters: Owner –late 60s, founder and owner of a successful company Key Employee – late 40s, long-time employee, 20 years working together, still in his prime working years Scene: Owner’s...
Older article I wrote but still solid. Construction Business Owner Magazine https://www.constructionbusinessowner.com/strategy/easy-transitions-your-companys-next-owner
Characters: David – Husband, late 60s, founder and owner of a successful company Linda – Wife, mid 60s, thoughtful, pragmatic, emotionally perceptive Scene: Evening in their living room. A soft...
When an unexpected buyer calls about your business, most owners immediately start running through questions in their head. These usually fall into three areas: trust, risk, and response. Here are...
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Since 2015, Austec Business Transitions, LLC has been guiding business owners toward successful exits. With our Pre-Diligence Risk Exposure System, we pinpoint the areas where buyers might raise concerns and prepare owners to answer every question with confidence.
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We help business owners prepare for successful exits by identifying buyer concerns early and protecting the value of their business.
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Questions to change your future.