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Navigating Your Business Exit Plan Successfully (S3E16)
Manage episode 433730171 series 3146218
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As the leading fee-only wealth advisory firm in Asia, we understand the challenges faced by our clients who are business owners with a lot on their minds to grow their businesses and may not have had the chance to think through a business exit and succession plan.
In this week’s Money Wisdom episode, our co-host Isaac talks to Jerome Song, Associate Director, Business Exit of Providend, to discuss the most pressing issues for small and medium-sized business owners. Jerome brings listeners through the Value Acceleration Methodology that can be broken down into three gates: Discover, Prepare, and Decide.
Jerome discusses how Benny Se Teo, the founder of Eighteen Chefs, successfully exited his business, emphasising the importance of an accurate business valuation and finding the right buyer to ensure the continuity of the business and the welfare of the employees.
With over two decades of experience in finance, mergers and acquisitions, strategy, and people development, you need not be a business owner to pick up nuggets of wisdom from Jerome in this podcast!
With a minefield of financial misinformation out there, we promise to be a safe pair of hands and a second pair of eyes to help you avoid costly financial mistakes. Reach out to us today to start crafting your tailored business exit plan, integrating it into your personal wealth plan: https://providend.com/our-clients/service-enquiry-form/
You may also be interested in an earlier podcast on Business Exit with our CEO & Founder, Christopher: https://providend.com/s3e11-key-considerations-for-your-business-exit-plan-the-brain-behind/
Stay tuned for our next podcast episode, where Amelia from our Brand Experience team will be having a discussion with Chris about his article in The Business Times.
The host, Isaac Ong, is Client Adviser at Providend, Singapore’s First Fee-Only Wealth Advisory Firm.
View the full list of podcast episodes published: https://providend.com/providends-money-wisdom-podcast-season-3/
Music courtesy of ItsWatR.
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