Ep 209: Creating an Exit Strategy (Preparing Your Business For Sale)

Meet Erin Austin. Harvard Law School graduate. Business consultant. Former in house & outside counsel as well as corporate executive. Founder of Think Beyond IP, where she helps female founders of expertise-based services create & protect saleable assets to create generational wealth. This episode is absolutely jam-packed with value for EVERY female founder & small business owner. Inside, Erin breaks down what it takes to prepare your business ultimately for sale: Why it's important to think about an exit before you're ready to exit  Why you want to think in terms of what it would look like to sell your business - even if you have no intention of doing so The difference between sellable and saleable (such an important distinction) Be the chef, not the cook (you gotta listen to understand the import of this analogy...it's a GOOD one!) When two lawyers get together, Erin & I couldn't resist also talking  about contract, intellectual property & licensing issues as well.  Grab Erin's Due Diligence Readiness Checklist at the 'Free Resources' button on her site: https://www.thinkbeyondip.com/