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Selling Your Business? Avoid These Costly Exit Mistakes and Pitfalls with Kasim Aslam
Manage episode 449729723 series 3608877
Kandungan disediakan oleh Emma Rainville & Travis Gomez, Emma Rainville, and Travis Gomez. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Emma Rainville & Travis Gomez, Emma Rainville, and Travis Gomez atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.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
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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:
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