Business Exit Stories

Business Exit Stories

Hosted by Marvin L. Storm, the Business Exit Stories Podcast shares dramatic success as well as unfortunate horror stories of business exits, and in collaboration with BxAdvisors assists Founder/Business Owner CEOs in creating enterprise value in their companies by as much as 100%. Not only is business value enhanced, but the company is positioned for a high-value monetization event without wasting time and money through the application of time tested value creation strategies.

Episodes

August 1, 2022 13 mins

After nearly 3 years of doing his podcast, Marvin has been faced with an opportunity to pursue his post-exit dreams. Listen to Marvin explain the importance of having a post-exit plan, his thoughts on the podcast thus far, and his plans for the future of the podcast. While the podcast may be on pause, for […]

The post Pursuing Post-Exit Dreams & Hitting Pause On The Podcast. appeared first on Business Exit Stories.

Mark as Played

An offer was made on a client’s business by a strategic buyer and through the application of both skill and using the strategic buyers own financial metrics convinced the buyer and their advisors that it was to their benefit to pay not two or three, but four times more than their original offer to acquire […]

The post How a Sales Price Went From 1X to 4X with the Stroke of a Pen appeared first on Business Exit Stories.

Mark as Played

An importer of garden plants and supplies that was growing at an intense rate and making tons of money still couldn’t get their business sold or find a buyer until an advisor approached the problem and came up with an interesting solution. A third generation security and door hardware distributor that was the premier value-added […]

The post Part Two – Michael Richmond: What Happens When the Owners of a Company Don’t Know Why Their...

Mark as Played

A company that manufactured orthopedic implants for pets was growing and profitable. However, getting this company positioned for an exit and finding the right acquiring company proved to be an extraordinary challenge that required some insightful thinking. Two women 25 years ago open a small retail bakery that makes sweets in the form of cookies and […]

The post Part One – Michael Richmond: Why a Company That Was Growing Exponenti...

Mark as Played

A business that was given birth after the breadwinner in the family was laid off. To make ends meet, the breadwinner’s wife started cleaning houses. Because she was allergic to many of the chemicals that are commonly used in household cleaning supplies, she began to use organic cleaning supplies and then promoted her organic orientation […]

The post Part Two – Linda Broom: Why a Business Growing By Leaps and Bounds Couldn’t Get an ...

Mark as Played

A family-owned retail produced market that procured its fruits and produce from local growers. The family had operated the business for 10 years and as the kids got older and started to leave for college, they didn’t plan on continuing to work in the business. Which is a common theme for many family-managed businesses these […]

The post Part One – Linda Broom: The One Thing You Can’t Forget When Selling a Business – If You Do It Ca...

Mark as Played

A fitness business franchisee of a national franchised fitness center accepted an offer from a qualified buyer. While excited to be stepping away from his business as he had other business opportunities he wanted to pursue, he made an interesting terrible decision before the business sale closed escrow. A buyer for a 19-unit fitness business […]

The post Why You Shouldn’t Buy a $400,000 Ferrari Before Your Business Sale Closes appe...

Mark as Played

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 […]

The post A Success Plan That Took a Business Worth Million to Zero appeared first on Business Exit Stori...

Mark as Played

A major league baseball team was brought to Denver and the details of how a transaction like this goes forward.  A hyper growth company that was doubling sales every year outgrew the capabilities of some members on their management team. An owner often tries to show loyalty and does everything possible to keep those that […]

The post What Is Pre-Due Diligence and How It Can Make You Millions appeared first on Business Exit Stories.

Mark as Played

A partnership business went from a consistent year over year growth rate to a valuation of zero in a few short years. A family owned 30-location retail service business that had passed to the second generation. As it came time for the third generation to decide if they were interested in taking over the business, several […]

The post How Two Partners in a Successful and Growing Business Managed to Take It to Zero When They Decided ...

Mark as Played

A medical research company was founded by research PhDs and had a highly complex business model that relied on highly paid professionals which performed and managed the medical research. While the business generated millions in revenues, the cost of the highly paid staff produced an EBITA in the low six figures. A label manufacturer’s divorce […]

The post How Skillfully Crafting A Story Regarding Your Exit Can Turn Your Biggest Los...

Mark as Played

An ecommerce business that was two businesses in one and how the lack of understanding and accounting of inter-company transfers not only nearly derailed a deal but almost cratered the entire business. The importance of having a CFO, either a fractional one or full-time one, and how this can make the difference between a successful […]

The post Why Certain Types Of Buyers Will Pay More Money For The Same Business appeared first on ...

Mark as Played

A founder of an oil rig manufacturing business started meeting with a buyer on his own and his M&A Advisor cautioned him not to negotiate any of the agreed upon terms. He was also told to follow the plan that had been developed on when to share the sale with his employees. Find out what […]

The post How an Entrepreneur’s Ego Took a Deal from $30M to $1.2M appeared first on Business Exit Stories.

Mark as Played

A profitable HVAC company decided to explore selling their business because COVID had escalated valuations in the HVAC sector since more people were staying home and needed more heating and air services. Shortly after deciding to sell, a Private Equity Group approached the company and began their acquisition and due diligence. Financial buyers like a […]

The post How To Sell Your Company For Less Money But End Up Putting More Cash ...

Mark as Played

An orthopedic footwear manufacturer was able to weather a series of unexpected events, failed closings, and a complete shutdown during the pandemic to successfully exit the business. A seller went from a DIY mode to engaging a professional advisor to facilitate their exit and this decision made the founder an additional $20M in the process, […]

The post How Doing the Right Things Turned a $20M Sale into a $40M Sale appeared first o...

Mark as Played

An e-commerce business where some of the metrics on the financial statements just didn’t seem to add up. One of the issues had to do with the gross margins on some of the products sold being north of 75%, which was far above the norm for this business segment. This issue caused the buyer to […]

The post When Issues Surface in Due Diligence, You May Wish to Take A 2nd, 3rd, and 4th Look At Other Critical Aspects Of The Business appe...

Mark as Played

A chemist that solves a problem his wife had with some of her hair and cosmetic beauty products line while working full time. His side hustle turned into a business that exploded into a $19M business virtually overnight. Hyper growth when scaling nearly forced an early exit and disaster was averted.  An absentee owner business […]

The post From Making Money as a Side Hustle to a $19M Business Losing Money appeared first on Business...

Mark as Played

A specialty heavy equipment company that dominated a highly profitable niche decided to sell. A private equity firm suggested by the M&A advisor expressed interest and made a generous offer. However, the seller’s attorney had dealt with this Private Equity from before and had formed some opinions on them. What shouldn’t have happened, ended up […]

The post Going from a Meager Six Figure Walk Away Exit Offer to Millions Plus a Secon...

Mark as Played

An entrepreneur decided to sell his business, and then when he was at the closing table, backed out. He did this not once but twice. Three partners with equal ownership in a business they ran for decades had different goals and objectives which caused an extended five-year process of getting the business sold. Russian immigrants […]

The post How An Entrepreneur Exited Their Business After A Cancer Diagnosis appeared first on Busine...

Mark as Played

A business owner’s lack of transparency with his M&A Advisor ended up taking his business sale from a sure deal to zero and the IRS killed this deal without breaking a sweat. A buyer walked away from a deal allowing the seller to re-sell the business again in a matter of months and keep all […]

The post How the IRS Can Kill a Deal Without Breaking a Sweat appeared first on Business Exit Stories.

Mark as Played

Popular Podcasts

    Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.

    Stuff You Should Know

    If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

    The Nikki Glaser Podcast

    Every week comedian and infamous roaster Nikki Glaser provides a fun, fast-paced, and brutally honest look into current pop-culture and her own personal life.

    White Devil

    Shootings are not unusual in Belize. Shootings of cops are. When a wealthy woman – part of one of the most powerful families in Belize – is found on a pier late at night, next to a body, it becomes the country’s biggest news story in a generation. New episodes every Monday!

    Start Here

    A straightforward look at the day's top news in 20 minutes. Powered by ABC News. Hosted by Brad Mielke.

Advertise With Us
Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2024 iHeartMedia, Inc.