On today’s episode of #PoisedforExit, we interviewed my long-time colleague, Dyanne Ross Hanson. Dyanne is a CEPA like me and specializes in working with families looking to transfer to other family members or employees. She has a process that is worth learning!
Dyanne’s mission as an adviser is to monetize an owner’s investment in the business. She believes that owners looking to sell internally to family or employees should begin 5-7 years out. Most owners wait too long to begin the process and thereby reduce the number of options they have for a successful transition. When internal successors are lacking capital to make the purchase of the business, Dyanne works with them to construct ways for them to buy in overtime. She uses investment products that allow the buyers to earn equity positions over time, which at a certain point makes them more bankable for financing.
Sunbelt Business Advisors is a proud sponsor of the Poised for Exit Podcast. The Poised for Exit podcast seeks to help entrepreneurs improve, grow – and successfully exit – their businesses.
Julie Keyes, a life-time entrepreneur and founder of KeyeStrategies, understands what keeps an owner up at night and the balancing act required to work both ‘in’ and ‘on’ the business. The firm’s mission is to help business owners increase enterprise value and prepare for a future exit.
Julie believes in providing outside perspective and mentoring, which made all the difference for her while spending years growing and improving her companies before selling and becoming a business adviser in 2011.