February 21, 2022

A Success Plan That Took a Business Worth Million to Zero

A family-owned business that had been successful for decades was turned over to the founder’s son. While succession planning was a part of the long-term plan for the founder, the execution of the plan didn’t go as planned.

Two companies with similar issues when being positioned for sale and how the two founders handle their exits in dramatically different ways and with equally as dramatic results.

How fraud by a partner nearly bankrupted a company but because the right things were done to build creditability and trust with buyers, the company had several buyers lined up to purchase the company.

Mike Kendall
Kendall Capital Group
Chesterfield, Missouri
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Podcast: Play in new window | Download (Duration: 52:17 — 47.9MB)