Financial Advisory

Building an Exit-Ready Business - Tips & Lessons from Raincatcher & AJL Atelier

Last Published:

March 31, 2023

Written by:

How to build an exit-ready business: our experts

 

An insightful and candid talk with Sarah Bradford, who recently sold the business she founded - Winter Park and Steamboat Lodging Companies - and Jason Thomas and Simon Lehmann, who helped her on the journey.

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Co-Founder and Former Owner of Winter Park & Steamboat Lodging Companies

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Co-Founder and COO of Raincatcher

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Founder and CEO of AJL Atelier

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Watch the talk on Building an Exit-Ready Business

 

Prepare your notebook, as Sarah Bradford, Jason Thomas and Simon Lehmann keep great, practical tips on how to get your business in a great shape for an exit - from a merger to an outright sale.

Some tangible tips to prepare your business for an exit:

  1. Define what your objective is - do you want to remain involved? If so how? What do you want to do next?
  2. Do a check with a personal financial advisor - define how much you'll need so that you can
  3. Build a great team, and empower them ahead of time with strrategic decisions
  4. Keep them in the loop of the sale process - they need to know
  5. Get your metrics right, from unit economics to the overall profitability - make sure your CFO and CPA are top notch
  6. Optimize your portfolio to streamline it down to the units that are most profitable
  7. Get the right attorney and advisors - it is a stressful process, you need specialists

And much, much more in the talk!

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