The 3 Exiteers™️: Dissecting the anatomy of an Exit

Here in the UK, we don't talk about money and we certainly don't talk about planning to sell our businesses. You may not have even thought about selling but if you're running your own business, succession and exit plans are necessary.

Being approached by another company wanting to buy what you've built happens all the time and that's where the Exiteers™️ come in. With over 10 businesses sold between them, Rachel Murphy got together with Exiteers™️, Caroline Carruthers, and James Gairdner, to dissect the anatomy of an Exit - what does it really entail and what should you be looking out for?

Jumped to your burning questions:

05:20 Key defining moments in business (COVID!)

25:50 Rachel: The technical process of going through an exit

28:23 Caroline: The technical process of going through an exit

31:07 Earn outs with be challenging

32:26 James: The technical process of going through an exit

33:40 You've got to plan for after you exit

38:40 Motivations on Exit shift over time

39:57 Exit culture: USA vs UK

42:56 Question time: how has recent volatility (Brexit/Covid/Trump) altered valuations & do buyers take this into account?

49:05 Question time: what would you do differently next time around in selling a business?

Got a story to tell about your exit?

Email us at exiteerspodcast@gmail.com