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Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Nov 15, 2021

In episode 385 of Financially Simple, Justin talks to Dr. Grace Yum about selling her dental practices by herself.

Taking the reins and selling your business by yourself can be challenging, and immensely rewarding, especially if you’ve taken the right steps to understand the process and your desired outcomes. In this episode, Justin and Grace discuss the events of her starting, building, and eventually selling her dental practices on her own.

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TIME INDEX:

00:42 - Selling Your Business Yourself, with Dr. Grace Yum

03:46 - Backstory: Education, Experience, Development

09:30 - Exiting

12:04 - Seeking Guidance

13:38 - Leaving a Legacy

15:57 - Doing it Yourself

19:27 - The Buyer

21:16 - The Process

23:25 - Crossing the Finish Line

25:40 - The Next Step

31:01 - Recommend Reading

31:50 - A Nugget of Wisdom

32:54 - Summary

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USEFUL LINKS:

Work with Our Team

Dr. Grace Yum, LinkedIn

Mommy Dentists in Business

Selling Your Practice: The Essential Guide to Successfully out of Dentistry, by Dr. David Phelps

The Energy Bus, by Jon Gordon

Financially Simple on YouTube

Advance Child Tax Credit Payments in 2021

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NEW Book: Your Baby’s Ugly - Maximize the Value of Your Business NOW or You Will Have Nothing to Sell Later

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BIO:

Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. To learn more about our credentials and awards, please visit https://heritageinvestor.com/awards-certifications/. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.