Tag: Mergers and Acquisitions
Exit Readiness: How to Prepare Your Business for Sale with Andrea Steinbrenner (Ep. 96)

Exit Readiness: How to Prepare Your Business for Sale with Andrea Steinbrenner (Ep. 96)

By |

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More

Most business owners, when asked about their timeline for exiting their business, often say it will take five years.

When you ask the same question again next year, guess what they say? Five years!

Without proper guidance and planning, you may be tempted to kick the can down the road until it’s too late.

Listen in as Zoe Singh, CFP®, Wealth Advisor at Centura Wealth Advisory, and Andrea Steinbrenner, CEO of Exit Consulting Group, share the process for an effective business exit so you can be ever-ready to transition smoothly into the next chapter of your life.

Zoe and Andrea discuss:

  • The ideal time to start your exit planning for significant tax benefits
  • The three stages of exit readiness
  • Latest market trends affecting the M&A space (especially private equity)
  • The sales process and timeline from initial business valuation to the final transaction
  • How do internal sales (family members, partners, key employees, etc.) differ from external sales (strategic buyer, PE firm, etc.)
  • And more

Connect with Zoe Singh:

Connect with Andrea Steinbrenner:

Connect with Centura Wealth Advisory:

About Our Guest:

Andrea Steinbrenner is the Chief Executive Officer at Exit Consulting Group, Inc. (ECG). An experienced, versatile executive who has worked across a multitude of industries throughout her career, Andrea’s objective is to leave businesses better than she finds them and works hard to provide her clients and companies with the best possible outcome.

Andrea began her career in the Midwest, working her way up the managerial ladder in the retail industry. After marrying a naval officer, she attended San Diego State University and earned a Bachelor’s in accounting. She then worked for TGG Accounting, a mid-sized, outsourced accounting firm. And quickly rose through the ranks to become a fractional CFO working in a number of industries, including construction, manufacturing, retail, professional services, financial services, cannabis, hospitality, franchises, and e-commerce sectors, among others. 

Deciding to take her career in a slightly different direction, Andrea became the VP of Operations and grew the company from less than 100 clients to over 250. After receiving an EMBA, Andrea left her position and started Canopy Consulting, a business consulting firm. She was referred to Exit Consulting Group (ECG) as a consultant in 2019 and is transitioning to CEO in October 2022.
32. Key Things You Need To Know About Corporate Valuations With Brent Glova

32. Key Things You Need To Know About Corporate Valuations With Brent Glova

By |

Podcast: Play in new window | Download | Embed

Subscribe: Spotify | iHeartRadio | TuneIn | RSS | More

For a lot of advisors, attorneys, CPAs, and other professionals, 2020 was one of their busiest years. Now, with hot market conditions and new rules and regulations, 2021 is shaping up to be even busier!

In this episode, Derek Myron is joined by Brent Glova, managing director at Vantage Point Advisors, Inc. They explore the ins and outs of the current valuation landscape for both private and public companies, and share strategies to help you cope with the changing market conditions.

Brent discusses:

  • The impact of COVID-19 on various valuation methods
  • Major factors driving the growth of the M&A market and business valuation needs
  • Tips for efficient and timely estate and gift tax planning to adapt to potential tax changes
  • Why you should start planning your valuation process as early as possible
  • And more

Connect With Brent Glova:

Connect With Centura Wealth Advisory:

About Our Guest:

Prior to becoming managing director in Vantage Point Advisor’s San Diego office, Brent Glova has been a director and manager with the firm. In his tenure in the valuation field, Mr. Glova has performed business valuations for purchase price allocations, goodwill impairment testing, share based compensation valuations, ESOP transactions, board advisory, shareholder buy-outs, fairness opinions, and for fundraising support. Mr. Glova has served domestic and international clients in an array of industries including: life sciences, technology, real estate and industrials, among others.

Archives

Categories