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Ep. 129 What’s your exit strategy – how to set up your business to sell

by | 5 Dec 2023

Ever wondered how to sell your business? Not just make a sale, but a successful one?

In this episode I’m unlocking the secrets of building a business with a successful exit strategy in mind. We’ll discuss the thinking that needs to go into your entrepreneurial journey, right from the outset. It’s not just about when it’s the right time to sell, but also about the financial goals you should be aiming for and how to emotionally separate yourself from your business when the time comes. We’ll also emphasise why a solid business foundation is essential to attract potential buyers and ensure a successful sale.

We also undercover:

  • How to maximise your business’s profitability and growth.
  • Why documenting your standard operating procedures is key pre-sale, and,
  • How to build a team that can transition smoothly.

I’m sharing the importance of building strong customer and supplier relationships and timing your sale for the greatest possible impact.

In addition, this episode explores the often overlooked aspects of business sales like ensuring all the necessary legal paperwork is in place and considering intellectual property rights. Buckle up for an episode filled with valuable insights and advice for entrepreneurs planning to sell their business.

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Want to work with Justine in 2023?  Visit the Flossi Creative website now.

Freaked out by your business finances? Frantic when it comes to end of quarter compliance, tax time got you in a cold sweat? If you can relate, you’re not alone. Most business owners find the financial side of their business overwhelming, confusing and probably on the, never to do list.

When I started my first business, I felt exactly the same way. However, I quickly realised the impact good financial management made to every part of my business. So, over the last 20 plus years, I’ve focussed on the finance, become a registered BAS agent, worked in insolvency  and now I work with other business owners on building financially strong and successful businesses.

From bookkeeping and compliance services to 1:1 coaching and mentoring, workshops, online courses and my signature service the pricing formula, here at Flossi Creative, we’ve got you covered.

So if your business finance makes you feel, blah, reach out, book in for a discovery call, learn about our services and find the aha moment that will change your business for the better. We’ll help you go from frazzled to fabulous in no time flat.

This episode is brought to you by Flossi Creative.

Freaked out by your business finances? Frantic when it comes to end of quarter compliance, tax time got you in a cold sweat? If you can relate, you’re not alone. Most business owners find the financial side of their business overwhelming, confusing and probably on the, never to do list.

When I started my first business, I felt exactly the same way. However, I quickly realised the impact good financial management made to every part of my business. So, over the last 20 plus years, I’ve focussed on the finance, become a registered BAS agent, worked in insolvency  and now I work with other business owners on building financially strong and successful businesses. 

From bookkeeping and compliance services to 1:1 coaching and mentoring, workshops, online courses and my signature service the pricing formula, here at Flossi Creative, we’ve got you covered. 

So if your business finance makes you feel, blah, reach out, book in for a discovery call, learn about our services and find the aha moment that will change your business for the better. We’ll help you go from frazzled to fabulous in no time flat.

Need a business finance coach or want to get your pricing sorted? Book a Discovery Call NOW.

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Hi, I’m Justine – I’m so happy to find you here. The Flossi Creative blog is a resource for the dreamers, doers and career crusaders. Enjoy!

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