{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"How does a Management Buyout Work with Tim Vorhoff","description":"If you\u2019re a contractor or shop owner, you WILL exit your business one day. The question is, will you do it right? &amp;nbsp;In this episode, Dominic Rubino sits down with Tim Vorhoff to break down how business owners in construction, cabinetry, and trades can plan their exit and avoid costly mistakes. &amp;nbsp;Most owners are great at building businesses\u2026 But when it comes time to sell, they\u2019re negotiating against professionals. This episode helps level the playing field. What You\u2019ll Learn: &amp;nbsp;- What a management buyout really looks like &amp;nbsp;- How to choose the right exit path (sell, recap, ESOP, etc.) &amp;nbsp;- Why \u201cone buyer\u201d is a dangerous position &amp;nbsp;- How buyers actually make money &amp;nbsp;- The 3 key steps in a management buyout &amp;nbsp;- Why your management team determines your business value &amp;nbsp;- The biggest mistakes owners make when selling Why This Matters If your business depends on you\u2026 it\u2019s worth less. &amp;nbsp;If your team can run it without you\u2026 it\u2019s worth more. That\u2019s the difference between a stressful exit and a successful one. If this episode helped you: \ud83d\udc49 Subscribe for more contractor-focused business strategies &amp;nbsp;\ud83d\udc49 Like this video to support the channel \ud83d\udc47 Drop a comment: &amp;nbsp;More About Tim Vorhoff: LinkedIn: https:\/\/www.linkedin.com\/in\/tim-vorhoff\/ Company Website (Platform): https:\/\/howtoexitright.com Also check out: Cabinet Maker Profit System: https:\/\/www.cabinetmakerprofitsystem.com Profit Toolbelt: https:\/\/www.profittoolbelt.com\/ Contractor Wealth System: https:\/\/www.contractorwealthsystem.com\/ &amp;nbsp; ","author_name":"Cabinet Maker Profit System Podcast I Business Owners I Cabinet Makers I Architectural Millwork I Furniture Makers I Business ideas I Tips I Business Coach Dominic Rubino","author_url":"http:\/\/cabinetmakerprofitsystem.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/40708860\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/200377260"}