What Really Happens When Selling a Business?

When you're selling a business, what really happens? Well, a mergers and acquisitions specialist such as Mike Ford from M&A consulting is here to answer your questions on the 35th episode of the Plant Your Flag Podcast! Most successful business owners may get to the stage where they want to retire and sell their business. Alternatively, a business owner might be looking to expand and acquire a new business. Helping people buy and sell businesses is exactly what Mike Ford is here to do. Preparing for this business exchange can be a process; certain changes may need to be made, and ensuring a buyer and a seller are a good fit for eachother is very important for the success of the deal and the businesses. That's why M&A consulting can be such a valuable tool. Mike and Jer have known Mike Ford for a while, and it’s been exciting to witness his journey and plant his flag from the start to the present. He's an incredible person, and it's an honor to have him on the podcast! Reach out to Michael Ford: https://fordmaconsulting.com/ ===CHAPTERS=== 00:00 - Outtakes 00:54 - Intro 02:37 - Who or what inspired you to plant your flag? 06:05 - Building relationships 08:53 - What mergers and acquisitions actually are 12:50 - How has owning a business changed you? 15:09 - Athletes and business owners 17:30 - Getting the best results for both sides 19:27 - How to prepare to sell your business 23:30 - Caregivers across states 26:15 - Where M&A consulting is going 30:00 - Challenges with mergers and acquisitions 33:53 - Aligning company culture 35:43 - The NYS Self-Employment Assistance Program 37:36 - How can Mike Ford help you? Thanks again for joining us on another episode of the Plant Your Flag podcast. If you liked the podcast, be sure to check out our other podcast episodes on YouTube, Spotify, or Apple Podcasts. === Find Us! === Facebook:   / beanmediaproductions   Instagram:   / beanmedia   LinkedIn:   / bean-media-productions   Website: https://www.beanmediaproductions.com/ Listen: Spotify: https://open.spotify.com/show/762c1F0... Apple Podcasts: https://podcasts.apple.com/us/podcast... #podcast #business #smallbusiness #buffalo #entrepreneur