In this episode of Poised for Exit, Stacey Bartelson, Financial Advisor at Edward Jones, discusses why business owners should start planning their exit from day one. She shares how many owners focus on growth but overlook the long-term strategy needed to successfully transition or sell their business.
Stacy explains that enterprise value goes far beyond financials, highlighting the importance of building a strong team, creating systems, and ensuring the business can operate without the owner. She also discusses why a significant percentage of businesses never sell and how a lack of early planning can limit options and reduce overall value.
This conversation explores the shift from working in the business to working on the business, along with the importance of continuity, succession planning, and aligning personal and financial goals with long-term exit outcomes.
This episode highlights how strategy, structure, and long-term thinking all play a role in whether a business is actually prepared for a successful exit.
Connect with Stacey Bartelson here
Learn more about the Bartelson Blesener Wealth Group at Edward Jones here
Learn more about the Owners Edge Summit here
Connect with Julie Keyes, Keyestrategies LLC
Founder, Consultant, Author, Pod-caster and Instructor
