The event, which was held on February 15, 2023, was joined by Drew Carney, President, and JT Clark, Vice President, of Endeavor Business Brokers. The Virtual Greater Philadelphia/Delaware Valley Chapter Meeting featured industry experts discussing the insights and techniques that allowed them to achieve success. The event saw a large turnout, with a diverse range of industries represented in the audience.
More information is available at https://www.endeavorbusinessbrokers.com
At the latest event, Drew Carney and JT Clark presented their keynote presentation: “What is Your Exit Strategy?” to share their knowledge regarding establishing an effective exit strategy when building any new business, or when planning for the future of an existing enterprise. They shared a variety of tips focused on maximizing positive outcomes when selling a business, ensuring a beneficial resolution for both parties, and establishing good working relationships in the process.
Mr. Carney and Mr. Clark also discussed the current state of the market and also elaborated on the share of net worth a business owner generally invests in an endeavor, as well as the percentage of small to medium businesses that actually sell and their potential number in the next 5 and 10 years.
The pair also shared their stance on why companies generally decide against selling their business and the expected impact of baby boomers on the market.
Mr. Carney and Mr. Clark are intimately familiar with exit strategies as leaders of Endeavor, which has helped hundreds of entrepreneurs advance their interests through acquisitions or asset sales. Their company enables business owners to actualize the strategies presented at the recent event through careful, intentional actions.
The advisors and facilitators at Endeavor Business Brokers are experts in the negotiation process and can moderate a given transaction to ensure a desirable outcome. Events like the one held in February are intended as a forum for the specialists at Endeavor to share their methodology and keep the business community informed about the current best practices, tips, and tricks used in the industry.
The key event focused specifically on exit strategies, but future events are likely to tackle different topics depending on attendee feedback and general demand. Carney and Clark are frequent attendees at area business events and will continue to share insights on a variety of topics in the near future.
Interested parties can read more about these topics, as well as get updates on future events, on the company website.
Additional details can be found at https://www.endeavorbusinessbrokers.com
Endeavor Business Brokers
635 E High St
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Daily Michigan News journalist was involved in the writing and production of this article.