Whether you’re at the onset of selling your business or simply exploring your options, knowing what to look out for can help you make informed decisions.

In this episode, Nicole is joined by Deanna Salo Managing Principal with Cray Kaiser, and Eric Vanderploeg of Burke, Warren, MacKay & Serritella’s Litigation to share their wealth of knowledge and practical tips to guide you through the process.

Join us for an insightful discussion on the legal, tax, and financial considerations when preparing to sell your business.

Nicole, Eric & Deanna discuss: 

• The importance of involving professionals early in the sale process.
  
• The critical role of corporate agreements.
  
• The importance of accurately valuing the business.
  
• Involving key employees to protect the value of the business.
  
• And more
  

Resources:

• Preparing For The Sale of Your Business: Part 1 with George Karavattuveetil (Ep. 38)
  

Connect with Nicole Romito: 

• LinkedIn: Nicole Romito
  
• MyPrivateVista.com
  
• info@myprivatevista.com
  
• Call: 312-831-4370
  

Connect with Eric VanderPloeg:

• LinkedIn: Eric VanderPloeg
  
• Burke Law 
  

Connect with Deanna Salo:

• LinkedIn: Deanna Salo
  
• Cray Kaiser
  

About Deanna:

Deanna Salo has been with Cray Kaiser for over 35 years, where she specializes in mergers, acquisitions, shareholder disputes, and ensuring strong agreements for companies. However, she emphasizes the personal impact of each engagement, viewing them as connections with individuals or families. 

Starting at Cray Kaiser in 1986 after graduating from the University of Arizona, Deanna has grown alongside the firm, which values a people-centric approach. As a Principal since 2001 and Managing Principal since 2021, she provides assurance, strategic, and tax planning services, particularly focusing on closely held and family-owned businesses and nonprofits. 

Deanna also leads Cray Kaiser’s relationship with DePaul University’s Entrepreneur and Family Business Council and is highly accessible to its members due to her dedication to their success.

About Eric:

Eric P. VanderPloeg is a partner at Burke, Warren, MacKay & Serritella, P.C. Mr. VanderPloeg is a member of the firm’s Automotive Franchise, Litigation, and Consumer Financial Services Litigation practice groups.

Eric started his career as a litigator, and he has handled an array of commercial matters in both state and federal court in several states and jurisdictions.  In addition to handling disputes, Eric now also acts as general counsel to businesses in several industries, providing advice on legal matters, including contractual, employment, regulatory, and corporate governance matters.

In 2016, 2017, 2018, 2019, and 2020, Mr. VanderPloeg was named as a Rising Star by Super Lawyers®, an attorney rating service from Thompson Reuters.