EPISODE · Jul 29, 2022 · 26 MIN
What do Ski Jumps & Business Sales Have in Common
from Business Ready For Sale · host John Denton
Send us Fan MailIn this episode I tell my story of selling a registered training business I owned with a partner and how we got it all wrong and failed to sell. Then, with good advice and being better prepared, we were able to sell quickly, easily and got 20% more for the business.When you start the process to sell your business, think of it as being like stepping out onto a ski jump. Once you get started there is no turning back. Emotions can take over and the momentum builds and life speeds up. If you are not totally prepared it can end in a mess. Like on a ski jump!OK, in a business sale you can stop the process in the early stages. Once the contract is signed it is very difficult to stop. My point is that before you start the process make sure of the following:You are totally commited to the saleYou understand what is involved in the sale processYou have a really good understanding of what your business is worthYou know what your dream sell price and minimum sell prices areYou have assembled your teamYou have a plan for what you will do after the saleYou are prepared for the long haul - it can take a long timeListen to the whole episode and then check out my links below:As mentioned in the episode, if you'd like to get your business saleability score and tips on how to make your business more saleable and attractive to buyers, go to this link My Business Saleability Score Go here to VISIT MY WEBSITE for more episodes and informationGet your business saleability score and tips to Boost Your Business Value & Saleability Today with This Quick Free Online AssessmentSchedule a no-obligation chat about your business - BOOK HEREThanks for listening, keep podcasting and subscribe to get new episodes!
What this episode covers
Send us Fan Mail In this episode I tell my story of selling a registered training business I owned with a partner and how we got it all wrong and failed to sell. Then, with good advice and being better prepared, we were able to sell quickly, easily and got 20% more for the business. When you start the process to sell your business, think of it as being like stepping out onto a ski jump. Once you get started there is no turning back. Emotions can take over and the momentum builds and life spe...
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What do Ski Jumps & Business Sales Have in Common
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