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Planning Your Business Exit Will Boost Your Profits Now with Chuck Cooper
Usually exit planning gets ignored until something forces the conversation, and that's exactly when your best options disappear. In this episode, I'm joined by Chuck Cooper, founder of White Water Consulting, to talk about why a business exit should be planned long before you ever think about leaving the company. Chuck shares a powerful story about an owner who put exit planning in place just in time, allowing the business to keep running and the family to stay protected when life took an unexpected turn. That kind of preparation doesn't just protect the future, it improves how your business runs today. Sneaky Leaky loves it when exit planning gets pushed aside, because when the business all depends on you that is not something you can sell very well.
What You'll Learn…-
Why a business exit should be planned years before you think you need it
-
How business exit planning improves profitability and stability today
-
The one risk owner dependency creates during a transition
-
How systems and leadership development increase business value
-
Why waiting too long forces decisions instead of giving options
-
How business exit planning protects employees, customers, and family
-
What changes when you prepare your business but decide not to sell
Key Moments
05:45 Why Exit Planning Starts Earlier Than Owners Expect 11:30 Owner Dependency And Business Value 18:50 Systems And Leadership That Increase Valuation 27:10 A Business That Did Not Skip A Beat 36:40 When Exit Planning Creates More Freedom 42:10 Why Some Owners Decide Not To Sell After All 48:30 Final Advice For Owners Who Want Options
🎧 Listen to all episodes at https://profitablehomeservices.com/
🤝 Connect with Chuck at https://whitewaterconsulting.net
ACCESS SOME FREE RESOURCES TO BOOST YOUR PROFITS
15 Profit Leaks E Book 📖 Spot the common places where money slips out of a service business and learn the fixes that keep more cash with you. https://profitcoach4you.com/profitleaks
5 Step Fast Cash Formula 💵 Get clear on when money comes in and goes out so you can plan ahead and stop cash flow surprises. https://taxcoach4you.com/cashflow/
View all episodes
By Diane Gardner; Your Profit CoachUsually exit planning gets ignored until something forces the conversation, and that's exactly when your best options disappear. In this episode, I'm joined by Chuck Cooper, founder of White Water Consulting, to talk about why a business exit should be planned long before you ever think about leaving the company. Chuck shares a powerful story about an owner who put exit planning in place just in time, allowing the business to keep running and the family to stay protected when life took an unexpected turn. That kind of preparation doesn't just protect the future, it improves how your business runs today. Sneaky Leaky loves it when exit planning gets pushed aside, because when the business all depends on you that is not something you can sell very well.
What You'll Learn…-
Why a business exit should be planned years before you think you need it
-
How business exit planning improves profitability and stability today
-
The one risk owner dependency creates during a transition
-
How systems and leadership development increase business value
-
Why waiting too long forces decisions instead of giving options
-
How business exit planning protects employees, customers, and family
-
What changes when you prepare your business but decide not to sell
Key Moments
05:45 Why Exit Planning Starts Earlier Than Owners Expect 11:30 Owner Dependency And Business Value 18:50 Systems And Leadership That Increase Valuation 27:10 A Business That Did Not Skip A Beat 36:40 When Exit Planning Creates More Freedom 42:10 Why Some Owners Decide Not To Sell After All 48:30 Final Advice For Owners Who Want Options
🎧 Listen to all episodes at https://profitablehomeservices.com/
🤝 Connect with Chuck at https://whitewaterconsulting.net
ACCESS SOME FREE RESOURCES TO BOOST YOUR PROFITS
15 Profit Leaks E Book 📖 Spot the common places where money slips out of a service business and learn the fixes that keep more cash with you. https://profitcoach4you.com/profitleaks
5 Step Fast Cash Formula 💵 Get clear on when money comes in and goes out so you can plan ahead and stop cash flow surprises. https://taxcoach4you.com/cashflow/