The Art of Selling Your Bank: A Bank CEO's Step-By-Step Guide
The Art of Selling Your Bank: A Bank CEO's Step-By-Step Guide
by Kurt Knutson
Selling your bank can make you feel like you are standing naked in public. You must always have your bank in the best shape possible, in other words, “swimsuit-ready”.
When you understand how the process works, you will know if you are ready or what you need to do to get ready. This will reduce the “noise” of the process, calming your mind and allowing you to move forward freely and confidently for the best results.
You will be able to find answers to questions like:
- What is our bank’s value, and what are the drivers of our value?
- Who is interested in buying us, and what is the best method?
- When is the best opportunity to pursue a sale?
The process of gathering this information is high-risk due to the fear of word leaking out, losing customers, and damaging value. Asking advisors for advice may feel like asking a barber if you need a haircut.
My hope is that this book will help you gain confidence and peace of mind so you can use your skills when it matters most.
KurtKnutson.com