As the economy continues to recover from the effects of the slowdown of the COVID-19, we are observing our national debt exceed record levels. In a slower growth environment, founders and executives of early stage, growing companies may need to be more thoughtful and resourceful as they position themselves and their companies for a transaction. In this episode of the Sarian Strategic Partners Podcast, Greg Sarian CFP, CEO & Founder at Sarian Strategic Partners speaks with Ken Taormina about pre-transaction strategies to consider during challenging times.
Ken is the President and Founder of Cortland Advisors LLC.
Ken has been the lead architect in the creation, development, and growth of companies in the professional services areas of global software services, corporate strategy, enterprise information systems, and digital Industrial Internet organizations and teams. He has proven expertise in digital engineering, enterprise, m2m, connected vehicle, mobility, cloud, and data analytics leading global organizations through successful transformation, growth and change.
Starting with their own experiences, they end up giving powerful tips and tricks to sell your company.
Conversation Highlights:
[01:55] Planning to sell? (Some important things to consider)
[04:14] The need to hire a law firm.
[06:48] CAUTION: Do not make these mistakes.
[10:21] Make yourself stand out among the crowd. But how?
[12:09] Have you ever thought about the net outcome of your company?
[14:18] Marrying tax planning with philanthropy.
[15:06] Issues with partner/family-owned company.
[19:22] A lack of time?
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2/13 Strategic Partners is a group comprised of investment professionals registered with Hightower Advisors, LLC, an SEC registered investment adviser. Some investment professionals may also be registered with Hightower Securities, LLC (member FINRA and SIPC). Advisory services are offered through Hightower Advisors, LLC. Securities are offered through Hightower Securities, LLC.
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