Beshore: 'Owner moat' prevents small businesses from being successfully transferred
Brent Beshore · Mastering Micro Private Equity: Brent Beshore's Strategy for Wealth Generation · Jan 26, 2023 · at 22:59
Brent Beshore, founder of Permanent Equity, discusses why many small businesses cannot be acquired or transferred successfully.
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“A lot of smaller companies are just not transferable. We call it owner moat where all of the value of the business is tied up in the goodwill of the owner. So the owner leaves all the relationships, all the skills Everything kind of falls apart. They're the linchpin, right?”
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