Prime Resources Podcast

Prime Resources Podcast


How to Make a Great Exit From Your Business

April 03, 2023

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