This video features Mitesh Patel, principal and partner at Blue Sky Law, sharing an unconventional yet crucial strategy for business owners looking to maximize company value during a sale: “firing yourself” as CEO. He explains that if a business can’t operate without the owner’s constant presence, achieving top dollar in a sale becomes difficult. The video offers practical steps to gradually remove the owner from daily operations.
Selling your business can be a time-consuming and overwhelming process. In this video, Mitesh Patel explains why it's crucial for CEOs to delegate responsibilities during a business sale to ensure the company continues to run smoothly. As the CEO, your focus should remain on keeping the company performing at its best—ideally, even improving—during the sales process. Bringing in a dedicated team member to handle information and support the sale process can make all the difference.
In this insightful webinar, Mitesh Patel from Blue Sky Law, along with business valuation expert David Hern, guides business owners through the complex process of planning and executing a successful exit. Whether you’re thinking of selling now or in the future, this webinar offers valuable, actionable advice on how to maximize the value of your business when it’s time to exit.
In this segment of the webinar, Mitesh Patel, Principal at Blue Sky Law, discusses key insights from working with middle-market businesses. Most of their clients have annual revenues between $40 million and $65 million, and Mitesh shares his experience in facilitating mergers and acquisitions.
As a business owner, you may only go through the business exit process once, so it’s crucial to get it right. In this segment, Mitesh Patel from Blue Sky Law shares why it’s important to put pride aside and start asking the right questions. Engage with your current advisors—like your CPA and financial planner—and learn how to build the right team to guide you through the process.
What drives a man from a tiny Appalachian town to boldly reinvent himself during a global crisis? In this episode, Mitesh Patel reveals how his journey—from cold calling as a financial analyst to launching Blue Sky Law amid chaos—redefined success. Curious how loss, grit, and humor can transform a career? Tune in as we unpack the raw, unfiltered lessons that challenge you to ask: if you want it, will you go freaking get it?
Business Owners, Take a Listen! BSL is hosted a Private Executive Briefing with a panel of trusted experts on business law, valuation, and exit readiness. Covered is what really drives value, and the missteps that quietly cost owners millions. Due to unforeseen circumstances, Mitesh Patel could not attend, but Nathan Johns participated in his place.
In this episode of Radio X Profit Sense with Bill McDermot, Mitesh Patel, founder of Blue Sky Law, shares his expertise on business exit planning and how business owners can ensure a smooth and successful exit. Specializing in middle-market business sales, acquisitions, mergers, corporate law, taxation, employment, and real estate, Mitesh offers invaluable advice on the importance of both financial planners and business exit planners.