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18 Steps to Exiting Your Business (Part 2)

18 Steps to Exiting Your Business (Part 2)

FromBusiness Lunch


18 Steps to Exiting Your Business (Part 2)

FromBusiness Lunch

ratings:
Length:
13 minutes
Released:
Sep 2, 2022
Format:
Podcast episode

Description

So you’ve made the decision to exit your business. But is the business ready for your departure?  On today’s episode, host Roland Frasier continues the discussion on business exit planning and the steps you need to take to exit your business safely and successfully. Exits are undoubtedly the most exciting part of owning a business. But as Roland explains, while you may be ready to exit, the more important question should be, is the business prepared for your departure? Having a strategic plan that guarantees a smooth transition of power ensures you get a good price, the best possible payout, and a great return on your investment.Listen in as Roland breaks down the exact steps he goes through when getting a company ready for exit.IN THIS EPISODE, YOU’LL LEARN:Business exit planning The benefits of replicating and automating business systemsHow to pre-capture the cost of goods soldRecurring revenue models and how to make them workWhy you need to simplify your offeringsScaling and cross-training your teamsHow to add even more value to your businessLINKS AND RESOURCES MENTIONED IN THIS EPISODE:Ask Roland and Ryan a question HERE.OUR PARTNERS:7 Steps to Scalable workbookGet a free proposal from Conversion FanaticsGet 3% cash back on your ad spend with AdCardGet my book, Zero Down, FREEThanks so much for joining us this week. Want to subscribe to Business Lunch? Have some feedback you’d like to share? Connect with us on iTunes and leave us a review!Mentioned in this episode:Get Scalable Live - THE PREMIER EVENT FOR BUSINESS OWNERSOver 3 days, network and collaborate with fellow entrepreneurs and CEOs to build a ‘recession proof’ plan to scale your company to 8-figures and beyond, and…leave knowing 2023 is going to be your best year yet!Get Scalable Live
Released:
Sep 2, 2022
Format:
Podcast episode

Titles in the series (100)

How much more successful would you be if you had lunch once a week with an insanely successful entrepreneur who shared their biggest secrets on how they think and achieve success? Well, now you can! Grab your seat at the table as successful entrepreneurs reveal their step-by-step strategies, fascinating stories, travel hacks and other delicious tidbits each week with serial entrepreneur/business strategist, Roland Frasier.