What happens to your business when you’re ready to step away or when the unexpected happens?

In this episode of The SA Update, Mike sits down with Scott Snider, President of the Exit Planning Institute (EPI), to explore why so many business owners go to market unprepared and how the absence of a clear contingency plan can significantly diminish business value. Together, they break down the biggest threats to long-term value, the critical role of intentional exit planning, and practical strategies owners can implement today to safeguard what they’ve built.

Whether you’re years away from selling or simply want to strengthen your business for the future, this conversation offers valuable insights to help you plan proactively and protect your legacy.

0:38 Scott Introduction 

1:35 Business Owners Going to Market: Why so low?

3:00 Why Are Business Owners Failing to Have Contingency Plans?

3:50 The 5 Destroyers of Businesses

5:17 Value Acceleration Methodology: Explained

8:50 What are Some Big Cornerstones Businesses Should Adopt?  

10:14 What percentage of Net Worth are Most Businesses for Business Owners? 

11:30 Scott’s Go-To Podcasts

12:35 Conclusion

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