In the next 37 episodes, we will cover all the aspects that make a business more valuable to potential buyers when it comes time to sell it. To start the series, click here.

October 18, 2022

When Is the Best Time to Sell My Business?

Selling your business is one of the biggest decisions you’ll ever make. It determines the futures of you, your family, your team, and their families. Beyond merely considering the financial side of things, you must also think about how a business sale will affect you emotionally. You’ll need to ask yourself questions like, “What will I do with my time, who am I outside of my business, and when is the best time to sell my business?” These are just a few of the questions you’ll need to answer when determining whether you’re ready to make an exit.
May 24, 2022

My Business: The Big Announcement

Today’s entry is going to be a little different. This may be one of the most emotional pieces I’ve ever written. You see, since 2016, I’ve worked in and through the Financially Simple name to share all that I’ve learned with fellow business owners. If you’ve followed me for a while, you know that I am an avid learner. I love to read and apply all of my newfound knowledge to my business. I, then, pass that same knowledge on to you in the hopes that it can be of help to you and your business. This has been a journey and, at times, I wasn’t sure I was going to make it. But now, I’ve got an announcement to make.
April 26, 2022

The Emotions of Selling a Business

As a business owner, you’ve devoted your career to building a sellable business. At some point, you had an idea and decided to set out to make that idea a reality. You’ve endured the hardship and struggle of getting your business off the ground and, eventually, you had a thriving business. Throughout the years, you’ve experienced great joys and deep sorrows. And now, you’re finally ready to sell your business. But are you prepared for the rush of emotions that come with selling your business? After all, your business is an extension of yourself. Join me as I explore some of the emotions of selling a business and how to deal with them.
April 19, 2022

The Business Sale: Roadblocks to Closing

Selling your business involves many moving parts. You’ve got the buyer, business partners, employees, vendors and suppliers, bankers, attorneys, and your own emotions to contend with. With so many people involved in the sale of your business, it’s easy to understand why it doesn’t always go as smoothly as you’d like it to. Today, I’d like to take a look at some of the many roadblocks to closing the deal. When it comes to selling your business, there are many things beyond your control. Let’s take a look at the business sale and the roadblocks that could prevent you from closing.
April 5, 2022

Selling a Business: Through the Eyes – The Assets

Over the past year, I’ve spoken with many business owners who are in the process of selling their companies. Some have been better prepared than others. One thing I’ve noticed about those business owners is that they were truly prepared for the scrutiny that comes with the business sale process. Therefore, as we continue looking at your business through the eyes of a buyer, we’re going to shift our attention to assets, technology, and risk management. How do these areas influence the way a buyer views your company? When selling a business, what can you do to improve these areas in a way that makes them more attractive to buyers and investors? 
March 29, 2022

Buying a Business: Through the Eyes of a Buyer Part II

In today’s post, we’re continuing our deep dive into the business sale process and looking at your business through the eyes of a buyer. We’ve already looked at how buyers perceive things like your attitude, expectations, sales, and marketing. But what does the buyer see when they look at your clientele? How do vendor relationships shape their view of your business? What can they learn from your employee teams? You can help facilitate a successful sale by understanding what the buyer is looking at when buying a business. Join me as I explore your clients, vendors, and teams through the buyer’s eyes.
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