Tim Vorhoff, Vice President of CreoValo joins Mike Langford for an exploration of a growth strategy that many financial advisors are ignoring: helping private business owners sell their businesses to unlock their tied-up value. The conversation explores the opportunity for financial advisors to partner with investment banks to assist business owners in selling their companies. They discuss the scale of the opportunity, the average value of small businesses, and the importance of having conversations with business owner clients about their future plans for their businesses. Sponsored By: PodBox - Help your guest sound their best on your podcast, webinar, or important Zoom call with a PodBox microphone setup. Chapters 00:00 Introduction: Unlocking Tied-Up Value 02:25 The Opportunity for Financial Advisors 04:21 Partnering with Financial Advisors 09:31 Understanding the Scale of Small Businesses 17:45 The Benefits of Organizing a Competitive Process 23:23 Having Conversations with Business Owner Clients 25:19 Maximizing the Outcome of Selling a Business 35:27 The Importance of Succession Planning 41:34 Building Trust as a Resource for Business Owners