Prime Resources Podcast
How to Make a Great Exit From Your Business
In this episode of the Prime Resources Podcast, BDR’s Head Coach, Ronda Chaney, talks through what it means to make a great exit in your business, important factors in the process, and what contractors should start doing now to prepare for their eventual exit.
Whether you’re gearing up for a sale now or still have decades ahead in your company, listen as we dig into the resources available to you in preparing to make a great exit from your business!
https://www.bdrco.com/value-builder/
Time Stamps
- (00:57) What does it mean to make a great exit from your business?
- (03:09) QUIZ: What does EBITDA mean?
- (07:06) How do most contractors exit their business?
- (08:33) What is the biggest surprise to most contractors once they start thinking about exiting?
- (12:33) What two factors are highly crucial to the exit process?
- (19:33) How far in advance of exiting should contractors start their preparations?
- (21:30) What resources are available to help contractors through this process?
- (22:43) Final Thoughts