Brad Kirkpatrick of Cornerstone Business Services in Iowa

Here’s some advice from your business advisor: go home and spend time with your kids. If you can’t do it for your family, do it for your business. The fact is, owners who dedicate all their time to work are often the ones who get less at the closing table.

The group that spends time coaching soccer games and attending school plays—they’ve had to build a team to keep the business running in their absence. I can say with certainty that if you have a strong management team, you will get more interest for your business and you will get a higher multiple than if it’s all about you.

 

 

 

 

 

 

 

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Brad has been providing M&A advisory services and other consulting services since 2005 and has facilitated numerous ownership transactions. In 2013, he merged his M&A practice with Cornerstone Business Services.