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In this episode of The Real Women Real Business Podcast, Shauna Lynn Simon challenges a belief many entrepreneurs hold without realizing it - that simply owning a business automatically creates long-term value. In reality, most service-based businesses are structured more like demanding jobs than transferable assets.Shauna Lynn explains why planning for an exit should start much earlier than most people think, even if selling your business isn't currently on your radar. Building a business that could be sold forces clarity around systems, financial visibility, repeatable client experiences, and brand equity that extends beyond the founder.Drawing from her experience working with home staging businesses and conversations with buyers and sellers across multiple industries, Shauna Lynn breaks down the structural elements that make businesses attractive to buyers and sustainable for owners.Listeners will gain practical insights into how stronger systems, cleaner financials, and consistent processes can reduce burnout while increasing both profitability and long-term value.Even if you never plan to sell, building a business that could be sold changes how you lead it today. Timestamps:(00:01) - (05:05) - Why most entrepreneurs accidentally build expensive jobs instead of businesses(05:06) - (11:10) - Why exit planning should start earlier than most owners expect(11:11) - (18:00) - The emotional attachment that makes businesses difficult to transfer(18:01) - (26:00) - Financial clarity and why buyers care about your numbers(26:01) - (33:00) - Systems, delegation, and building repeatable client experiences(33:01) - (36:00) - Why structure and brand equity make a business valuable Resources:Book Your FREE Coaching Assessment Call with Shauna Lynn: https://www.aboutshaunalynn.com/coachmeLearn more about the show: AboutShaunaLynn.com/podcastSell Ready Business Evaluation Ebook: https://styledlistedsold.com/sellreadyEp 104 - The Simple Financial Framework That Helps Business Owners Stop Guessing with Zahra Carol Baghdadi: https://www.aboutshaunalynn.com/rwrb-podcast-episodes/financial-framework
In this episode of The Divine Advantage Podcast with Eric Skeldon and Brian Orme, discover the power of using the technology of thanksgiving and how it impacts us physiologically as well as spiritually. Make sure to check out www.kingdombroker.com to learn more about buying/selling a business. You can also join the FREE Divine Advantage Newsletter to get world-class content on building a business here: https://kingdoms-newsletter-fa86dc.beehiiv.com/
It was five days since I had called to check in on a contractor owner with no response. Finally, hoping everything was ok, I texted another check in, to his simple reply, “Honestly, when I said I work all the time I wasn't embellishing the truth. I just wrapped up another long day and headed home now.” That was on a Sunday night for a business that shouldn't have much to do on the weekend. For too many business owners, the harsh reality is that the business is owning them and it may be time to sell. There are three helpful filters to flush a decision through when timing a potential sale of your business. First, do you have a desire? Desire cedes ground to opportunity that has lured many business owners down the path of “profitable distractions” - where the potential of profit distracts from what the owner desires. Ownership is hard, and owners must have a continued desire to own and lead the business in a way that others desire to follow. Second, are you at a relational impasse? Many owners are leading their business based on the expectation of generations before that this would “always be a family-run business”. There is no badge awarded to the longest-running family-owned enterprise; the odds are often stacked strongly against. Each person has their own unique skill set and we should not assume that our children or kin either have the desire or the capability to run the business. It should be their dream and not yours. The third filter to use when thinking about selling is to ask, “would others lead the business better than you?” Life runs in seasons. The Byrd's (quoting the Jewish Proverbs) remind us that there is “a time to plant and a time to pluck up.” Just because you have owned your business for 10 years does not mean you need to own it for 40 years. What season of life are you in? What season of life is your business in? Merge those questions with desire and relationship and you will start to focus on the value and timing of selling your business.
Tanaha Hairston is the Founder of Axismeta and a successful tech investor and business strategist who specializes in methods and tools to increase business valuation and lead generation. A serial entrepreneur for 15 years, Tanaha has started and sold multiple businesses in industries including SaaS software, eLearning, and consumer products. Today Tanaha shares her entrepreneurial journey and her business model at Axismeta for buying technology companies to build with her marketing and sales acumen. Download Podopolo and follow Wings of Inspired Business there to keep the conversation going in the episode comments section and invite your friends to connect around podcasts recommended to you by what interests and inspires you.
Sarah Dusek built her glamping company Under Canvas and exited with its sale of over $100 million. From her own experiences struggling as a female founder to get venture capital funding, and then learning that women entrepreneurs only receive 2% of all available funding each year, Sarah launched Enygma Ventures, a VC fund focused on investing in women-led businesses in Southern Africa. Enygma has now invested tens of millions of dollars in over 20 companies, and Sarah also helps women learn the ropes of getting funded. Listen today to learn the secrets of raising investment for your company, what holds women back, and join the conversation by following Wings of Inspired Business on the free and socially interactive Podopolo app, where Sarah and will answer questions. Download Podopolo here and invite your friends to connect around podcasts recommended to you by what interests and inspires you.
Guy Bartlett, Co-Founder of Fidelis talks to entrepreneur Phil Jepson about all aspects of buying and selling businesses including business models, deal fatigue, and deal structure. Our Elite programme is currently full and we’re not accepting new members. However, our revamped online course Business Buying Blueprint now comes with additional support from Guy and the team. Click here for details http://bbc.thebusinessbuyersclub.co.uk/business-buying-blueprint
On this week's podcast, Karl welcomes Clint Fiore, CEO of Texas Business Buyers. Clint tells us this is one of the best times ever to buy OR sell a company due to several factors.
For over twenty years, today's guest has been part of an entrepreneurial father and son team that has helped the owners of privately held small and mid-size businesses build, maximize and realize the value in their businesses and prepare for profitable exits. Please welcome Michael Vann. Contact: www.vann-group.com www.buyingouttheboss.com
Today's guest went from a one-man show to a team of 120 in less than two years. He was pulling in millions of dollars per year, then lost it all within a six month window. Then he got back up, dusted himself off and started a new business. Sold that. Then another. Sold that. And again, and again, until he realized he had acquired the perfect skills through his circumstances over the years to help other business owners decide when it's the right time to cash out of their business. Are you ready to grow and sell? Please welcome Chad Peterson. Contact info: How to Sell Your Company (Free eBook offer): https://petersonacquisitions.com/get-the-book/ https://petersonacquisitions.com https://www.linkedin.com/in/petersonacquisitions/ https://bloggerlocal.com/national/reviews/best-business-brokers-sell-your-company
For a business owner looking to sell a business, learning as much about the sales process would probably be one of the first few steps that he might take in preparation for the sale. Consequently, researching about buyers’ experiences and expectations when buying a business such as the one he owns may not be one of the priorities of a business seller. To shed light on what the experience is like to be on the other end of the spectrum of buying a business, Mike Rabinovich shares his story on buying the successful Miracle Method franchise in Portland, Oregon.
Jill Nelson built Ruby Receptionists, a call answering service, into an $11MM business when she met with an investment banker who told her the technology she had built to answer calls could be worth a mint.
Restructuring and reorganization are two different things. However, in some cases, if you don’t do the former, you may have to succumb to the latter (reorganization) through bankruptcy. If your business is stagnant, showing little or no signs of growth with no obvious way forward, restructuring may be just what the doctor ordered. Dan Tamkin is the managing director at Resurgent Ventures, as well as the chief technology officer at Transdev, with a depth of experience as a corporate developer and venture capitalist. Dan returns for his second visit on “Deal Talk.” On this visit, he talks about what restructuring really is and how it can help to revitalize a company looking to heighten its value..