Sell. Selling. Sold!
A three-part series on business transition from Ovisto™ Wealth Management
Congratulations! You’ve made the strategic decision to sell your business. This is a pivotal moment that demands careful planning and execution. While you might be sitting across the table from investment bankers, brokers, and other advisors, having a dedicated team in your corner can significantly impact the outcome.
Could LeBron have won Olympic gold without Steph, KD, and AD by his side? As an entrepreneur, you’ve conquered challenges through your acumen, willpower, and sheer determination. To ensure your business thrives post-sale, you must safeguard key employees and the culture you’ve meticulously cultivated.
LeBron will be the first to tell you: legacy is what endures beyond your tenure.
This second installment of our three-part series explores why building a specialized team is essential and how Ovisto™ Wealth Management can be your invaluable partner during this critical phase.
Understanding Your Position
The first three steps for any good team are to define the goal, assess where we are, and determine what – and who – we need to help us reach our goal.
Even a team consisting of five LeBrons would struggle. Success requires complementary pieces embracing their roles.
This high-stakes period of navigating the selling process, perhaps with a Letter of Intent (LOI) or engrossed in due diligence, can feel daunting and overwhelming. It demands precise decision-making fashioned from years of experience, meaning expert guidance is paramount.
Why You Deserve a Dream Team
While financial metrics like EBITDA influence valuations, the nuances shaping a business’s future often go unnoticed. This is where a specialized team excels. At Ovisto™ Wealth Management, we’re not just about the numbers; we’re committed to preserving your business’s unique identity.
- Negotiation Powerhouse: We’ve mastered the art of deal-making. From crafting compelling offers to navigating complex negotiations, our experience is your advantage.
- Due Diligence Experts: We streamline the due diligence process, safeguarding your interests while ensuring a smooth transition. Our in-depth analysis of financial and operations aspects provides invaluable insights.
- Beyond the Bottom Line: We prioritize the human element. Recognizing your deep care for the team that built your business, we focus on compensation agreements, new management structures, and employee retention strategies.
How Ovisto™ Wealth Management Can Assist
Our role transcends traditional advisory services. We become your trusted partner, seamlessly integrating with your existing team to achieve your goals.
- Early Engagement: Proactive collaboration with Ovisto™ Wealth Management from the outset can help better position your business to potential buyers before entering the market.
- Seamless Integration: We effectively collaborate with investment banks, brokers, and legal counsel to ensure a unified approach.
- Tailored Solutions: Our expertise adapts to your specific needs, whether you’re a small business owner or leading a complex enterprise sale.
Selling a business is a marathon, not a sprint. A formidable team is here to assist you with achieving your goals. By prioritizing both financial goals and the intangible elements defining your business, we help you create a “LeBron Legacy” that extends far beyond the sale price.
Ready to assemble your dream team? Contact Ovisto™ Wealth Management’s exit planning experts today. Let’s work together to work towards your victory.