Preparing For The Sale of Your Business: Part 1 with George Karavattuveetil (Ep. 38)
So you’re ready to sell your business or have been thinking about selling for a while, now what?
In this two-part episode, Nicole speaks with George Karavattuveetil, President of Psyched, LLC, about how to prepare yourself to sell your business. George shares his 3-step process to help business owners get ready to sell. Nicole and George draw attention to the lack of understanding and preparation among business owners for the emotional impact of selling their business, and the shift in private equity firms’ interest in long-term views when purchasing businesses. They go on to emphasize the importance of managing emotions during the sale of a business, and the value of teamwork and professional advice during the transition.
Nicole and George discuss:
- Emotional and psychological aspects of preparing to sell a business
- Prioritizing goals and values when seeking a buyer
- Private equity firms’ interest in long-term views when purchasing businesses
- And more
Resources:
- Love’s Detour: Navigating Divorce With Beth McCormack and Jason Sposeep (EP. 28)
- Co-Parenting Strategies Amidst Divorce With Beth McCormack and Jason Sposeep – Part 2 (EP. 29)
Connect with Nicole Romito:
Connect with George Karavattuveetil:
About George Karavattuveetil:
George Karavattuveetil is the President of Psyched, LLC. His unique experience has provided him with opportunities to gain critical perspectives of employees and management, entry-level and executive, within union and non-union environments, and across nearly every industry and functional classification. His success has always been with people. George’s goal is to maximize individual and team performance. Not in comparison to others, but relative to what one is capable of.
Podcast: Play in new window | Download | Embed