Episode 66: How to Prepare to Exit Your Business with Jessica Fialkovich

JessicaFialkovich is an exit expert, best-selling author, speaker, small business advocate, and award-winning business owner. The founder of Exit Factor, she is also the co-owner of Transworld Business Advisors in Colorado, Dallas, and Las Vegas. Jessica is an entrepreneur at heart and successfully built and sold two startups, along with her husband and business partner, Al. With Transworld, they run the business brokerage firm that does the most M&A transactions annually for small and medium-sized businesses. She is also active in the entrepreneurial community, including Entrepreneurs' Organization (EO). She resides between Dallas, TX, and Denver, Colorado. This episode talks about: ​Jessica’s entrepreneurial background and journey as a  small business owner. How many business owners are actually prepared to exit their business? Some of the common reasons why businesses fail rather than sell Common misconceptions about selling your small business. How can you make your business more attractive to potential buyers? ​​​​How delegating tasks can make your business more profitable? What types of businesses’ does Jessica’s team focus on? How are business valuations calculated? Common techniques? How can SBA lending help you finance an established business? Using your dividend-paying whole life insurance policy to speed the process of financing a business Controlling your own financing terms using your dividend-paying whole life insurance policy Is it possible to passively invest in small types of businesses? To connect with Jessica Fialkovich, please visit: 👉Company Website:➡️https://www.exitfactor.com/ 👉Website ➡️ https://jessicafialkovich.com/ 👉Linkedin ➡️ https://www.linkedin.com/in/jessicafialkovich/overlay/contact-info/ 👉To learn more about what we do and how we can help you grow more wealth, please visit ➡️ https://finassetprotection.com 👉You can also schedule a free call with us: ➡️ https://calendly.com/financialservicesins 📢💡 📚 Free "Thinking Like a Bank" ebook. Learn to think like a bank by downloading a free copy here: ➡️ https://thinkinglikeabank.com 🚧 👉 **Not intended to be financial advice. Please consult a professional who knows your specific situation.