The Hill View Newsletter - July 27th, 2024
A major concern that comes up anytime someone is seeking to sell their business, and rightfully so, is "How do we not let this mess things up?" - Whether regarding the ongoing operations of the business, or more broadly the legacy of the business that has been built painstakingly over years. We delve into both topics in this week's videos.
Avoiding Pitfalls: Not Letting a Deal Disrupt Your Business
My father is a lifelong physician, certainly one of the good ones as there are many, and I always respected his baseline ethos of 'do no harm' - We take a similar approach in our business, helping our clients accomplish the objective of an exit or capital, however, guiding along the way to ensure that the process itself does not cause/create any disruption.
In today's video, we walk through four pieces of advice we'd give to anyone contemplating an exit or capital to ensure that, in addition to the primary goals, the business is not negatively impacted by the process in itself.
Retaining a Business Legacy: 5 Things to Consider
Legacy is an important part of business - It represents the results of years of tireless effort and, as such, it is equally important when contemplating the sale of a business.
Although different people prefer different means of preserving legacies built via their businesses, from our experience these five items are what we consider and analyze.
Hope the weekend is going well for everyone and that the battle of business wages on - A mantra we have at our firm from Charlie Munger "You don't have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long, time."
See everyone next week.
- The Hill View Team