How To Prepare for a Successful Business Exit With Greg Maddox
Greg Maddox is a Senior Business Advisor at Cultivate Advisors, a consulting firm that partners with small business owners to help them grow sustainably and rediscover the joy in entrepreneurship. With a background in the financial services industry, Greg works with business owners to plan and maximize their business exits. He is a serial entrepreneur and was also the Founder and CEO of the Maddox Group. In this episode... What does it take to successfully exit a business? How can you make informed decisions and gain the financial freedom you desire after selling? According to Greg Maddox, a certified business exit advisor, there are nine key steps to prepare for a successful exit. You need to understand your current business valuation, develop systems and processes, and find the right experts. His advice is to start this process early and thoroughly plan through using the nine steps. In this episode of the Innovations and Breakthroughs Podcast, Rich Goldstein sits down with Greg Maddox, a Senior Business Advisor at Cultivate Advisors, to talk about how to prepare for a successful business exit. Greg shares tips for increasing your company's value, getting a higher multiple when exiting, and how to plan for life after selling your business.