Ep 593 How to Make Millions Building and Selling a Business | Chantel Ray and John McLaren

Welcome back to the Health, Wealth & Godly Wisdom podcast. In today’s episode focused on strategies for selling a business for top dollar, featuring Chantel and John discussing key considerations for business owners. They explored the importance of preparing a business for sale, emphasizing the need to transition from working in the business to working on it, which can increase its value. Chantel shared examples of successful business exits, including a strategic acquisition by Home Depot, and highlighted the significance of recurring revenue in boosting a business's value. John and Chantel also discussed the challenges of selling to private equity and the risks involved in earnouts. They stressed the importance of marketing in enhancing a business's appeal to potential buyers and offered insights into the various structures of business sales. The episode concluded with an invitation for listeners to schedule a free strategy call with Canzell Business Advisors to assess their business's readiness for sale. Ready to go deeper? 👇 All links and resources are below. 🔹 If you want to learn how to hear God’s voice and walk in your purpose… 👉 Go to TUNE IN God’s Voice - https://tuneingodsvoice.com 🔹 If you want conversations around health, wealth, and godly wisdom all in one place… 👉 Go to the Health, Wealth & Godly Wisdom Podcast - https://healthwealthgodlywisdom.com 🔹 If you want practical tools for fasting, food freedom, and living healthy God’s way… 👉 Go to The Chantel Ray Way - https://chantelrayway.com 🔹 If you want access to my books, coaching, and personal resources… 👉 Go to Chantel Ray - https://chantelray.com  🔹 If you want business strategy, marketing, and coaching to grow without burnout… 👉 Go to Canzell - https://canzell.com 🔹 If you want to build faith, family, and financial freedom together… 👉 Go to Finch Freedom - https://finchfreedom.com 📚 Chantel’s Books Browse all books in one place 👉 https://chantelray.com/books Or grab them individually below: 📖 TUNE IN: God’s Voice, Your Purpose 👉 https://a.co/d/5Bgj5cU 📖 Delegate Everything But Sex 👉 https://a.co/d/hLwH4Vj 📖 One Meal and a Tasting 👉 https://a.co/d/hCTvGRJ 📖 Waist Away: The Chantel Ray Way 👉 https://a.co/d/1Xy5r6M 📖 Fasting to Freedom: The Gift of Fasting 👉 https://a.co/d/8wcJzs0 📖 Freedom From Food: A Six-Week Bible Study Course 👉 https://a.co/d/cqyiq6q