
The Do’s and Don’ts of Selling Your Business with Marty Fahncke
Is your business ready for a successful exit? If it isn’t, what are the critical steps to prepare your business for a profitable sale?
Today’s guest is Marty Fahncke, a marketing and M&A pro with over 30 years of experience turning small businesses into giants. Known for his billion-dollar strategies and knack for making complex deals look easy, Marty’s here to share his wisdom.
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Is your business ready for a successful exit? If it isn’t, what are the critical steps to prepare your business for a profitable sale?
Today’s guest is Marty Fahncke, a marketing and M&A pro with over 30 years of experience turning small businesses into giants. Known for his billion-dollar strategies and knack for making complex deals look easy, Marty’s here to share his wisdom.
Join Scott and Marty as they explore:
- Marty’s journey from selling a sporting goods startup to becoming a mergers and acquisitions (M&A) expert.
- How culture differences in mergers can be an asset rather than a hindrance.
- Why business value depends on profit, not revenue, and how to calculate it.
- The benefits of preparing for an exit three years in advance.
- The dangers of being too integral to your business’s operations.
- How the “Five Ds and a B” can force an unexpected business exit.
- Real-life case studies of roll-ups and their transformative power.
- Why intellectual property only has value if it’s generating revenue.
- Strategies for doubling revenue through acquisitions versus traditional growth.
Chapters for this episode:
(02:45) Marty’s Journey into M&A
(08:43) The Role of Culture in Successful Mergers
(14:21) Why Your Involvement Reduces Business Value
(22:39) Timing Your Exit
(31:28) Acquisitions for Small Businesses
(36:41) Growing Revenue Without Selling More
(45:10) Succession Planning
Thanks to Marty Fahncke for being on Business, Bourbon & Cigars.
Connect with Marty on LinkedIn: https://www.linkedin.com/in/martyfahncke/
Learn more about Marty and Westbound Road: https://www.westboundroad.com/
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This episode was produced by Story On Media & Marketing: https://www.SuccessWithStories.com