There really is no substitute for experience and that’s been the focus of this series. We’re taking time to speak with experts who are actively involved in the business sales process. I recently had the pleasure of speaking with Dr. Grace Yum, a business owner who has just gone through the sale process. In this interview, Dr. Yum shares valuable insights gained from selling her business independently. Therefore, I really encourage you to listen to the full podcast so you’ll hear all she has to say. But until then, you can follow along as I review what selling your business independently is really like.

Recently, I’ve been taking a new approach to teaching some of the subject matter that I’ve discussed in the past. Although some of the concepts may be familiar, we’re looking at them through real-world application by interviewing some of the experts in each respective field. Each of the interviews in this series deals with a different aspect of your business’s legal department, specifically, as it pertains to your exit. Due to the detail and length of the discussion, today’s article serves as a review. If you’re just joining this series, I encourage you to follow along with the podcast. That’s where you will find my full interview about investment banking and business transition with James Pugh.