Episode Summary:

In this episode, Richard P. Corey, an experienced business strategist and trial attorney, delves into the importance of planning your exit strategy well in advance. He emphasizes that building exit value begins years before a potential sale, highlighting the significance of intentional decision-making in various aspects of business operations.

Key Timestamps:

00:00 – Introduction

01:30 – Importance of Starting Early on Exit Strategy

03:45 – Legal and Financial Indicators for Acquisition Readiness

05:20 – Organizing Contracts and Documentation for Acquisition

07:10 – Selling Company Assets vs. Ownership Interest

08:45 – Contract Provisions for Seller Control

10:15 – Non-Compete Clauses and Value Protection

11:45 – Effective Due Diligence for Sellers

13:30 – Strategic Steps for Strengthening Exit Position

About the Show:

*Enterprise Unleashed* is a podcast series that explores business law and innovation, providing valuable insights on strategy and legal considerations for entrepreneurs and business owners. Hosted by industry experts, each episode offers practical advice and expert guidance on navigating the complex landscape of business operations.