If you’re an entrepreneur, the idea of selling your business may have crossed your mind more than once.

If you ultimately decide to sell your business, you’ll likely encounter two main types of buyers: financial and strategic. It’s critically important to consider which type of buyer is the right one for you and your company.

On the latest episode of Your Money & A Cup of Joe, we’re exploring how these two categories of buyers could play an important part in how much you get for your company.

Chapters:

0:00 - Introduction and overview on the topic of the show

1:29 - What entrepreneurs can expect when encountering a financial buyer

3:02 - Where the seller fits into a financial buyer's vision for the company

4:37 - How are entrepreneurs most likely to encounter financial buyers

5:40 - The difference between strategic buyers and financial buyers

7:10 - How a strategic buyer sees greater value being created

8:37 - The various types of strategic buyers out there

9:21 - How you can decide which type of buyer is best for your company

10:32 - Joe's guidelines for working with strategic buyers

11:43 - How to get in touch with Joe and his team

14:20 - Closing remarks