Listen to Sean Hutchinson interview private equity investor Kyle Madden of KLH Capital LP. We find out what a private equity firm looks for in a business, what could potentially be a deal breaker and tackle two myths about private equity.

Ready for Next contributor, Julie Keyes, CEPA, has published the second edition of Poised for Exit - A Woman Entrepreneur’s Guide to Business Transition. The materials and resources have been updated to help owners even more.

Learn more about Poised for Exit with this article.

Pick any team sport and there are specific skills needed to be victorious and have positive outcomes. The same is true for any large endeavor.
Transitioning from business ownership is likely one of the largest decisions and processes you will undertake. It is important to have a team around you advocating and supporting you through the experience.

The statistics for owners who successfully transition out of their businesses are alarming and can be paralyzing. There are steps you can take today to put you in the driver's seat and improve your odds no matter how near or far you plan to transition.

How do I beat the transition odds? If you are a business owner, the answer to this question is important to you.

A value gap is the difference between what your business is worth and what you will need to fund the next phase in your life. Understanding if you have one and what steps you can take to close or bridge the gap are important. How do I know if I have a value gap? If you are a business owner, the answer to this question is important to you. We are here to help.

Like many things in life, just because you decide it's time doesn't mean it can happen right away. Preparing for a large life event, like transitioning out of your business, can take time and attention.

How do I know how much time I need to transition from my business? If you are a business owner, the answer to this question is important to you.

Sometimes things look good but may not actually be good. Understanding what is important to you as an owner is important so when you are faced with an offer you can weigh and measure it with clarity.

How do I know when to walk away from an offer? If you are a business owner, the answer to this question is important to you.

If someone asks for a meeting and you choose to accept, you still are in the driver's seat. Make sure you have an NDA and an understanding of what you are willing to talk about.

How do I prepare for my first meeting with a potential buyer who happens to be a competitor? This video covers of several tips and things to consider before you accept a meeting like this.

If you are a business owner, the answer to this question is important to you.

The difference between price and value is an important distinction. It requires outside expertise and an owner taking a clear look at their business.

How do I understand the difference between value and price? No matter if you are just curious about the price or value of your business or thinking of selling it soon, the answer to this question is important to you.

Selling your business will be one of the largest events in your life. It is important to have the right people in your corner. Someone who has experience and will advocate for you while support you before and during the transaction.

How do I find help to sell my business? If you are a business owner, the answer to this question is important to you.

As a business owner you may have the opportunity to sell your business, but there may be intangible items that don't line up with your values or the team you have in place. It is important to know what is important to you and your team.

How do I know my deal killers? If you are a business owner, the answer to this question is important to you.

Sean Hutchinson appeared on the Poised for Exit podcast with host Julie Keyes to talk about what motivates business owners.

Getting ready to sell your business sounds easy, but is actually an in depth process. There are many components and knowing where to begin may seem daunting. This video will offer a brief look into how to start getting ready to sell your business.

If you are a business owner, the answer to this question is important to you.

Selling your business is often the largest event in an entrepreneur's life. Finding a buyer is only one step. Listen to Sean and Bob talk about buyers and where to find them.

If you are a business owner, the answer to this question is important to you.

If someone offered you $20 million for your business today would that be enough? It may seem like it on the surface, but it requires a bit more thought and consideration.

If you are a business owner, the answer to this question is important to you.

Knowing when to sell isn't a simple A + B = C. Sean and Bob talk about the elements that go into how you can determine when it you can sell.

If you are a business owner, the answer to this question is important to you.