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#Business Exit Planning The Right Way: Heath Frantzen and Mark Torok

  • Broadcast in Finance
with Teresa Kuhn

with Teresa Kuhn


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If you are a #businessowner over 55 and you needed to sell or simply WANTED to leave your business, what would you do?

Would you let one of your heirs take over, or an employee or competitor?   If you decided to sell, how would you go about finding an ideal buyer who will give you the best price for your business and retain the integrity of the company you have worled so hard to build?

87% of all business owners in America who want to sell and retire find they cannot do so.   A glut of baby boomer business owners who want to sell, coupled with a much smaller pool of buyers and a weak, capricious economy make it difficult to leave a business in a timely manner.

Many baby boomer owners have built their retirement hopes and dreams on their assumed ability to sell their successful business.  However, they face an unphill battle for which the only hope of success lies in strategic planning.

In this episode, Teresa talks to business acquisition expert Heath Frantzen (deltabusinessservices.com) and his associate, attorney Mark Torok, about the challeges of selling a business in today's economy and the steps owners MUST take in order to ensure success.