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Selling Your Business? Avoid These Costly Exit Mistakes and Pitfalls with Kasim Aslam

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Manage episode 449729723 series 3608877
Contenido proporcionado por Emma Rainville. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Emma Rainville o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

Many business owners underestimate the complexities of exit deals and make mistakes that lead to reduced sale value, unfavorable terms, and financial challenges post-exit. We sit down with Kasim Aslam, founder and CEO of Solutions 8, to unpack the hard truths behind selling a business.

We dig into asset purchase agreements, where Kasim emphasizes getting all important details in plain language within the contract. We also talk about the intense due diligence process that buyers use to exhaust sellers.

Time and again, entrepreneurs underestimate the importance of specialized legal counsel. You’ll learn how the right mergers and acquisitions (M&A) attorney helps you sidestep legal pitfalls that could cost millions.

If you are considering an exit, this episode offers invaluable insights to avoid common pitfalls and build a lasting legacy. Tune in to discover why terms often matter more than the price and the critical importance of maintaining liquidity post-exit.

Episode Highlights:

- Why understanding all the terms in an asset purchase agreement (APA) is critical

- The risks of trusting personal relationships over contract terms

- Why specialized M&A lawyers are essential for navigating exit deals

- Why terms of the deal matter more than the price offered

- The importance of maintaining liquidity post-sale

- How the "renewable money” principle works

Explore Free Resources at the Visionary Vault:

https://specialopspodcast.com/

Get in Touch with Kasim Aslam:

Website: https://kasimaslam.com/

Facebook: https://www.facebook.com/kasimaslam/

LinkedIn: https://www.linkedin.com/in/kasimaslam

Get in Touch with Us:

Website: https://specialopspodcast.com/

YouTube: https://www.youtube.com/@specialopspodcast?sub_confirmation=1

Instagram:

https://www.instagram.com/emma_rainville512/

https://www.instagram.com/travis.cambridge/

LinkedIn:

https://www.linkedin.com/in/emmarainvilleoperationsguru

https://www.linkedin.com/in/travisgomez/

  continue reading

24 episodios

Artwork
iconCompartir
 
Manage episode 449729723 series 3608877
Contenido proporcionado por Emma Rainville. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Emma Rainville o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

Many business owners underestimate the complexities of exit deals and make mistakes that lead to reduced sale value, unfavorable terms, and financial challenges post-exit. We sit down with Kasim Aslam, founder and CEO of Solutions 8, to unpack the hard truths behind selling a business.

We dig into asset purchase agreements, where Kasim emphasizes getting all important details in plain language within the contract. We also talk about the intense due diligence process that buyers use to exhaust sellers.

Time and again, entrepreneurs underestimate the importance of specialized legal counsel. You’ll learn how the right mergers and acquisitions (M&A) attorney helps you sidestep legal pitfalls that could cost millions.

If you are considering an exit, this episode offers invaluable insights to avoid common pitfalls and build a lasting legacy. Tune in to discover why terms often matter more than the price and the critical importance of maintaining liquidity post-exit.

Episode Highlights:

- Why understanding all the terms in an asset purchase agreement (APA) is critical

- The risks of trusting personal relationships over contract terms

- Why specialized M&A lawyers are essential for navigating exit deals

- Why terms of the deal matter more than the price offered

- The importance of maintaining liquidity post-sale

- How the "renewable money” principle works

Explore Free Resources at the Visionary Vault:

https://specialopspodcast.com/

Get in Touch with Kasim Aslam:

Website: https://kasimaslam.com/

Facebook: https://www.facebook.com/kasimaslam/

LinkedIn: https://www.linkedin.com/in/kasimaslam

Get in Touch with Us:

Website: https://specialopspodcast.com/

YouTube: https://www.youtube.com/@specialopspodcast?sub_confirmation=1

Instagram:

https://www.instagram.com/emma_rainville512/

https://www.instagram.com/travis.cambridge/

LinkedIn:

https://www.linkedin.com/in/emmarainvilleoperationsguru

https://www.linkedin.com/in/travisgomez/

  continue reading

24 episodios

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