One of the biggest risks in business is owner dependency. A business that can’t transition doesn’t hold a lot of value to a buyer. This is where Tom Bronson, CEO of Mastery Partners, saves the day.
Tom has bought and sold over 100 businesses, and today works with business owners to design and execute their ultimate transition strategy. The author of the book, “Maximize Business Value,” and host of the podcast of the same name, Tom brings a level of business wisdom to the table that only surfaces from decades of personal experiences.
Eighty-three percent of all small businesses (under $100M in revenue) that come onto the market don’t find a buyer because they aren’t prepared to transition. Emotion can kill a deal when trying to sell to an experienced buyer, and like hiring a cold calculating attorney, Tom relays his experiences of the deals that work and those that fail. While the stories are serious, there are some delightful surprises.
Tom can be found at www.masterypartners.com.
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