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Securing Partnerships: Brad Kaufman on Crafting Conversations and Navigating Exits
Manage episode 453477268 series 3604785
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Why Is It Essential To Discuss The Future Sale Of Your Business With Your Partner Well In Advance?
Looking to secure the future of your business partnership and avoid potential pitfalls? Brad Kaufman, founder and president of Bravo Kilo Advisors, joins co-host Sophia Yvette to share essential strategies that every business partner should consider from day one. Have you considered the importance of early conversations about selling your business? Learn why these discussions are as crucial as any strategic meeting and how they can prevent misunderstandings that could lead to conflicts or even legal disputes. Brad’s wealth of knowledge offers practical advice on setting clear goals, timeframe parameters, and the significance of a proper business valuation to keep everything transparent between partners.
Listeners will gain invaluable insights from Brad’s experiences and discover how maintaining constant communication, along with having written agreements in place, can safeguard a partnership. From small operations to larger enterprises, this episode equips you with the tools to align personal and professional goals efficiently. Whether it’s through strategic weekly meetings or involving professionals to ensure smooth navigation, Brad emphasizes the parallels between business partnerships and personal relationships, underscoring the need for open communication and mutual understanding. Tune in to avoid the surprises that might cost you a valuable friendship and learn how to craft an exit strategy that aligns with your joint aspirations.
To learn more about Bravo Kilo Advisors visit:
https://www.BravoKiloAdvisors.com
Bravo Kilo Advisors
443-761-0809
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