Aug 23, 2021
In episode 373 of Financially Simple, Justin starts to look at the Exit Planning of your business strategy.
Whether you are looking to sell your business soon, or in twenty years time, it’s important to know the state of readiness of the business so that everything is in order and not a scramble to impress buyers. In this episode, Justin goes over the key aspects to consider when preparing to sell your business.
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00:45 - Is Your Business Exit Planning Ready?
03:01 - Valuation Expectations
06:11 - Do You Know What You’re Doing After Selling
09:08 - Shareholder’s Goals
11:42 - What is Going to be Sold
13:26 - Is the Business Consistent
14:59 - Are the Current Products or Services Attractive
15:45 - Credibility
16:40 - Branding
18:29 - Marketing
19:58 - Employee Management
24:12 - Financials
25:28 - Wrap Up
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.