Selling your business? Don't sign that consulting agreement until you watch this. I share 10 critical elements every entrepreneur needs to negotiate BEFORE agreeing to stay on as a consultant post-exit.
RECOMMENDED RESOURCES: → Get the Exit Ready Business Training: https://www.dubos.me/training → Take the Exit Ready Business Assessment: https://www.dubos.me/exit-assessment
📌 WHAT YOU'LL LEARN: → How to clearly define your role, scope and deliverables post-sale → Smart compensation structures including equity considerations → The "exit button" strategy that protects your rollover equity → Tax implications and ownership transfer mechanisms you must understand → Non-compete and confidentiality terms that won't restrict your future
🎯 WHO THIS IS FOR: → Business owners planning an exit in the next 1-5 years → Entrepreneurs currently in acquisition negotiations → Business owners who want leverage when structuring their post-sale role → Founders who want to protect their interests after selling → Anyone taking on a consulting role with their former company
⏱️ CHAPTERS: 00:00 Introduction to Post-Exit Consulting 00:27 Role and Scope of Services 01:54 Compensation Structure Essentials 03:15 Rollover Equity Exit Strategy 04:22 Exit Terms and Transition Planning 04:58 Confidentiality and Non-Compete Terms 05:42 IP and Work Product Ownership 06:06 Tax Implications to Consider 06:38 Board or Advisory Roles 06:58 Dispute Resolution Mechanisms 07:17 Integration with Purchase Agreement 07:41 Location and Alignment Considerations 08:24 Closing Thoughts
🎙️ About Jim DuBos & The DuBos Group: With 35+ years as a serial entrepreneur, Jim DuBos has founded 10 companies, achieved 7 successful exits, and completed 20+ acquisitions. As a strategic advisor, Jim helps business owners create scalable, profitable companies that are exit-ready, whether they plan to sell in 2 years or 20 years.
Connect with Jim: → Website: https://www.dubos.me → LinkedIn: https://www.linkedin.com/in/jamesdubos/ → Email: Entrepreneurship@dubos.me → Free Exit Ready Business Training: https://www.dubos.me/training → Take The Exit Ready Business Assessment: https://www.dubos.me/exit-assessment
#BusinessExit #ConsultingAgreement #ExitPlanning #BusinessSale #M&A #ExitStrategy #EntrepreneurAdvice #BusinessAcquisition #ExitTerms #businessconsulting
Topics discussed: business exit planning, consulting agreement terms, post-exit strategy, business sale consulting, acquisition agreements, exit terms negotiation, non-compete clauses, rollover equity protection, consulting compensation structure, business exit strategy, post-sale consulting role, exit button strategy, business transition planning, merger and acquisition terms, entrepreneur exit planning, exit ready business, business sale preparation, intellectual property transfer, advisory board roles, dispute resolution mechanisms
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
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