#164 - John Leonetti - Preparing to sell or exit your company

Are you an advisor working with baby boomer business owner clients?

According to the US Small Business Administration, there are 33.2 million small businesses in America representing 99.9% of all US businesses.  Obviously small businesses are a critical part of our local, state, and national economies. But what happens when someone who has spent their life building and growing their business decides they are finally ready to let go of the reins and do something different? How do privately held business owners prepare to eventually sell or exit their company?

On this episode of the Wicked Pissah Podcast, we are joined by speaker, author and exit planning expert John Leonetti, Founder and CEO of Beacon Hill Equity Group and the International Exit Planning Association.

We’ll hear from John about what exit planning is and why business owners need it, why demand for exit planning continues to increase amongst baby boomer business owners, and how advisors can better engage with business owners to help them through what is both a financial and emotional process. You’ll also hear a story from John about a recent transaction he facilitated that gave me goosebumps and helps support his claim that exit planning is the greatest work there is.

https://www.linkedin.com/in/john-leonetti-421b83a/

https://theiepa.com/

https://beaconhillequitygroup.com/

https://www.amazon.com/Exiting-Your-Business-Protecting-Wealth/dp/0692016228