EP 76 - Creating an Exit Plan for Selling Your Business with Megan Gillikin

Megan Gillikin is the founder of The Planner's Vault, an educational resource and community for wedding planners, and the host of the Weddings for Real podcast. After running a successful wedding planning business for 12 years, Megan now devotes her time to helping the next generation of planners achieve their business goals.   Megan returns to the podcast to join me in discussing her journey of buying and selling a business, the process of how to sell your business, and the mindset needed throughout. Listen to Megan's entrepreneur story during her first time on the pod here.    In this episode, Megan and I discuss:  How she bought her business | 4:44  Why she began to consider selling her business | 11:13  Creating space from your business to have a better view of it | 15:57  The steps of selling your business | 19:43  Evaluating and increasing the value of your business for sale | 24:10  Negotiating the sale of your business | 30:26   Preparing for after the sale of your business | 43:23  Post-sale mindset and where you go next | 47:02    Connect with Megan:  Website | https://www.theplannersvault.com/  Podcast | https://www.theplannersvault.com/podcast   LinkedIn | https://www.linkedin.com/in/megan-gillikin-34900524     Connect with Danielle:  https://kickstartaccountinginc.com/product/profitplanner/  Website | Kickstart Accounting  Facebook | Kickstart Accounting Inc. – Home | Facebook  Instagram | Kickstart Accounting, Inc. (@kickstartaccounting) • Instagram photos and videos  Twitter | Kickstart Accounting Inc. (@KickstartAcct) / Twitter    Book your FREE Discovery call: https://kickstartaccountinginc.com/book-a-call/  Test your Financial Health: https://kickstartaccountinginc.com/checkmyfinancialhealth/    Learn how to pay yourself as a CEO – https://www.kickstartaccountinginc.com/getpaid