Navigating Business Transitions: Insights from a Merger & Acquisition Expert

In this episode, host Elizabeth Ledoux is joined by Steve Denny, a co-founder of Innovative Business Advisors. Steve is actively engaged in merger acquisition activities in all kinds of industries. He’s also developed some tools that business owners can use to grow their profitability and enterprise value.

In this episode, Elizabeth and Steve discuss the importance of preparing for your transition and building a team that can take over your business operations. Steve shares information about the books he's written on buying and selling businesses. He also emphasizes the need for business owners to have a plan and a bigger purpose in life to fulfill before transitioning out of their business. 

Connect with Steve Denny and Innovative Business Advisors: 

Website: https://www.linkedin.com/in/steven-denny-iba/ 

Steve on LinkedIn: https://www.linkedin.com/in/steven-denny-iba/ 

Steve is the author of “You Don't Know What You Don't Know: A Step-by-Step Guide for Getting the Most from the Sale of Your Business” and “You Don't Know What You Don't Know: Building a Million-Dollar Home Staging Business and Selling It for Top Dollar.” Get Steve’s books on Amazon: https://www.amazon.com/stores/Steven-Denny/author/B08ZH72S8J 

Connect with Elizabeth Ledoux and the Transition Strategists:

Website: https://transitionstrategists.com/ 

Facebook: https://www.facebook.com/thetransitionstrategists 

Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ 

Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ 

Subscribe to “The Business Transition Roadmap with Elizabeth Ledoux” on your favorite podcast player: 

Spotify: https://spoti.fi/3MxSYA2 

Apple Podcasts: https://apple.co/3IhMMux 

Google Podcasts: https://bit.ly/BTR-Google-Podcasts 

Get Elizabeth Ledoux and Laura Chiesman latest book, “It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning”: https://amzn.to/3oq2LQv 
This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.