60 Second Snippet #125 - The importance of being sale ready
.. Gary King ..
Business Mentor. Business planner. Non-exec Director. Keynote speaker. Accountability partner. Sounding board. Wise counsel. Professional friend. Check out my summary section for further details ????????
The importance of being sale ready
We will all exit our business at some stage.??The trick is to do it on your terms.
How and when do you want to exit???Do you wish to make money from the sale???What will you do post sale?
Less than 10% of small business owners have an exit plan but given we will all exit, having an end game and a plan to achieve it makes sense.
Here, I am In discussion with?Phil Fraser , Business Sound Board and Leeds Business Podcast founder chatting about the process he went through to finally exit his business on his terms.
This discussion sheds light on the process he went through to be ready, he shares what he would do differently in hindsight and talks candidly about life after exit.
If you have an exit plan in place or are starting to think about developing one, this is a must watch.
You have two choices – exit on your terms or exit on somebody else’s terms.
Gary
P.S.?Loving the weekly 60 Second Snippets???Please tag a business owner or two that you know would love them too, or send them the QR Code below.
I help SME leaders drive Sustainable growth by optimising their company | Mentor | Accountability Partner | 30+ Years of Experience |
1 个月Exiting planning and having exit planning on the strategy table is critical for all small businesses
?? Podcast Host???. Business Coach for SME Owners. Exited ￡mm business founder. Angel Investor.
1 个月Thanks for having me on .. Gary King .. , really enjoyed it. I hope that everyone who watches/listens finds something of use in it.