Mark Osborne argues that most business problems repeat across companies. The solution is matching your specific need—closing books faster, switching to accrual accounting, preparing for M&A—with an executive who has solved it many times before.
I've talked to hundreds of businesses as the others on my team, and it's just asking the right questions because as much as we think every single business is unique, there's really only so many situations and profiles. Yeah. And only so many problems. And it's understanding in our network which executive has solved this problem 15 times over, right? Who has the experience to get books closed 2 weeks faster Understand the entity, who to develop a team versus who has the expertise of prepping for an M&A. Yeah. To transition the books from cash to accrual and have it ready for a sim. Those are— those can be 2 very different individuals of developing and leading a team and putting processes in place versus M&A prep. Yeah. And when someone's done that 10, 15 times in 20 different companies, there's no figuring it out.
How Can You Maximize Your Business Value Before Selling? with Randy Katz Video
