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On February 9th, 2018, Scott Bishop hosted a a special edition of the STA Money on Business Succession and Exit Strategy Planning. Scott discussed this topic and underlying planning issues with Vibhu Sharma, who successfully sold his software and consulting company. For those of you that are business owners that have not gone through this process, or are looking at a succession plan, this episode of the STA Money Hour will be of special interest.
Scott Has written many articles on this topic including one that discusses the Five Key Elements of a Succession Plan or Exit Strategy. Vibhu Sharma is Vice President of Advanced Applications at Wood PLC. Before that, he was Chairman and CEO of Ingenious Inc USA, the company he sold. During the show, Vibhu discussed what he learned to get the deal done that culminated in the financially successful sale of his company in 2016.