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On this episode of the Maximize Business Value Podcast, host Tom Bronson discusses the timeline of an internal transition. There are seven steps that should be followed in order to transition successfully: define the exit strategy, the date and the valuation number, achieve buy-in from all parties, prepare the buyer, secure funding, due diligence, closing, and of course, post acquisition integration. Some aspects are similar to external transitions, but it is important to understand the differences. Listen now to learn about the internal transition process!

Tom Bronson is the founder and President of Mastery Partners, a company that helps business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery utilizes proven techniques and strategies that dramatically improve business value that was developed during Tom\\u2019s career 100 business transactions as either a business buyer or seller. As a business owner himself, he has been in your situation a hundred times, and he knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Want to chat more or think Tom can help you?\\xa0 Reach out at tom@masterypartners.com or check out his book, Maximize Business Value, Begin with The Exit in Mind (2020).

Mastery Partners, where our mission is to equip business owners to Maximize Business Value so they can transition their business on their terms.\\xa0 Our mission was born from the lessons we\\u2019ve learned from over 100 business transactions, which fuels our desire to share our experiences and wisdom so you can succeed.

CONNECT WITH TOM
Facebook: https://www.facebook.com/masterypartners
LinkedIn: https://www.linkedin.com/in/tom-bronson/
Website: https://www.masterypartners.com/

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Tom Bronson is the founder and President of Mastery Partners, a company that helps business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery utilizes proven techniques and strategies that dramatically improve business value that was developed during Tom\\u2019s career 100 business transactions as either a business buyer or seller. As a business owner himself, Tom has been in your situation hundreds of times, and he knows what it takes to create and implement the right strategy. Tom is passionate about helping business owners and has the experience to do it.

\\xa9 2023 Mastery Partners, LLC.