Paul Giannamore hates the term “exit planning.” It implies that preparing to sell or transfer ownership of your business is something you do late in the game rather than as an integrated component of your long-term strategy. “Exit planning is to the business owner what a quadruple bypass is to the 400-pound, 70-year-old smoker who never exercised a day in his life,” he asserts. Giannamore’s advice? Start early. If you’re too late to start early, then start now.
As managing director of mergers and acquisitions at The Potomac Company, an M&A advisory firm, Giannamore has seen just about every imaginable scenario when it comes to pest management companies’ changing hands. Equipped with that experience and insight, he is certain of this: The most successful sales and internal transfers are those that have been carefully planned."
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[Mergers & Acquisitions] 5 Mistakes That’ll Cost You - PCT - Pest Control Technology:
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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