"Exit Strategy 101: Preparing Your Business for a Profitable Sale"
In this episode, we sit down with Adam Koós, a seasoned financial advisor and expert in business transition planning. Adam shares his insights on how business owners can plan successful exits, maximize their business value, and secure a fulfilling retirement. Whether you're a small business owner or planning your future exit, Adam's advice will help you prepare for a smooth transition.
[00:00:00] Introduction: Overview of the episode and Adam’s background in financial advising and business transitions.
[00:03:00] Adam's Journey: From aspiring trauma surgeon to financial advisor—how Adam pivoted into the world of finance.
[00:15:30] The Importance of Business Transition Planning: Why business owners should start planning their exit strategy early, and the common pitfalls they face.
[00:25:45]Interview with Adam: Adam discusses the creation of his companies, Libertas Wealth Management and Elevate and Exit, and how they help business owners with financial and transition planning.
[00:45:00] Key Takeaways: Adam emphasizes the need to start planning early, the benefits of transitioning your business smoothly, and how it can lead to a better retirement.
Adam Koós is the president of Libertas Wealth Management in Columbus, Ohio. He is a Certified Financial Planner® (CFP), Chartered Market Technician® (CMT), and Certified Exit Planning Advisor (CEPA). Adam specializes in helping business owners transition their companies, ensuring they maximize their business value and secure their financial futures. He has been featured in major publications like The Wall Street Journal and Investopedia.
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