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As an "M&A" attorney, John Carter realized that most small to mid-sized businesses don't transition well - owners rarely achieve their financial and personal goals. John learned that most companies are "lifestyle businesses" and are not built to sell or transition. John determined he could help more business owners by preparing them, their businesses, and all other stakeholders for their inevitable sale or transition. As a result, his passion today is helping business owners achieve their succession planning goals by maximizing the "Transferable Value" of their business and transitioning to their ideal successor... on THEIR terms. Here is what to expect on this week’s show: ✅ Why a Lifestyle business may not be sellable or transferable. ✅ The five key value drivers that business owners should practice. ✅ The difference between a financial and strategic buyer. ✅ Dr. W. Edwards Deming's theory if it doesn’t get measured, it doesn’t get done. ✅ When an ESOP makes sense. Listen: https://podcasts.apple.com/us/podcast/exit-your-business-your-way/id1637940215 Connect with John Carter: absolutesuccession.com jcarter@absolutesuccession.com The survey mentioned in the podcast: https://buildtransferablevalue.com/ #exitplanning #business #businessadvisors #businessplanning Learn more about your ad choices. Visit megaphone.fm/adchoices