Permanent Equity: Investing in Companies that Care What Happens Next

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How to Sell a Business in 2023

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Is 2023 a good time to sell a company? What is the market for a sale looking like in 2023 compared to the last few years? How does that inform what might lie ahead in the coming months or years? Tim Hanson and Emily Holdman talk about their perspective on the market and share why now is the best time to sell a company. 

LINKS & MENTIONS FROM THIS EPISODE

Instant Appraisal Tool https://www.permanentequity.com/instant-appraisal 

Start a conversation with us https://www.permanentequity.com/sellers 

Connect with Emily on LinkedIn https://www.linkedin.com/in/emilyholdman/

Connect with Emily on twitter https://twitter.com/emilyleldridge 

Connect with Tim on LinkedIn https://www.linkedin.com/in/timothybhanson/

Connect with Tim on twitter https://twitter.com/timhanso

Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions  

Connect with David on twitter https://twitter.com/DavidACover

Connect with David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/ 

Visit https://www.permanentequity.com/ for more

Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter

TIMESTAMPS

0:00 Intro

1:24 Market Conditions

5:38 Why 2023 is a Good Time To Sell

14:45 What Kind of Companies Do We Buy

16:40 Different Industry Conditions

19:00 You May Have a Business Model Problem

21:25 Reality Check

22:15 Should I Wait to Sell?

27:00 David Puts on His “Skeptical Skirt”

28:30 Why Do I Care Where You Get Your Money?

30:45 Conflict of Interest?

33:00 Instant Appraisal Tool

34:45 Privacy Concerns When Talking About My Business

39:22 What’s the Deal Process Look Like?

41:14 Lawyer Jokes

42:03 Who Is Our Biggest Competitor?

42:50 What Comes Next

44:14 Tim’s New Newsletter: Unqualified Opinions

EPISODE CREDITS

Produced by David Cover

Intro music by Andrew Camp, David Cover, Scott Johnson, Andrew Luley, & Dave Wilton

Outro music by Ghost Beatz

LEGAL DISCLAIMER

This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.