In this podcast, I talked with Dave Driscoll from Metro Business Advisors about exit planning, business succession and all kinds of other selling-your-business things. Dave is truly a wealth of knowledge when it comes to preparing a business for selling!
You’ll Learn
- What financial items you should be getting in order now in order to sell someday
- The single, most critically important financial event of a business owner’s professional life
- How to separate yourself from the day-to-day functions of your business
- How knowing the value of your company now can help you make better decisions
- What are business cycles, and how they can change your business’ value
- Three tips for someone that wants to buy a business
- Why 40% of business transfers fail
BONUS Video Footage for Red Canoe Elite Members:
- The importance of online assets (website, ecommerce, Amazon sales, videos, etc)
- How those assets change your overall business’ value
- What software can save you and a business broker TONS of time and increase your value
- NOTE: Bonus content starts at 35:15
Links Mentioned in This Episode
https://vimeo.com/117013448