Waist Away: The Intermittent Fasting Podcast

Ep 593 How to Make Millions Building and Selling a Business | Chantel Ray and John McLaren

Informações:

Sinopsis

Welcome back to the Health, Wealth & Godly Wisdom podcast. In today’s episode focused on strategies for selling a business for top dollar, featuring Chantel and John discussing key considerations for business owners. They explored the importance of preparing a business for sale, emphasizing the need to transition from working in the business to working on it, which can increase its value. Chantel shared examples of successful business exits, including a strategic acquisition by Home Depot, and highlighted the significance of recurring revenue in boosting a business's value. John and Chantel also discussed the challenges of selling to private equity and the risks involved in earnouts. They stressed the importance of marketing in enhancing a business's appeal to potential buyers and offered insights into the various structures of business sales. The episode concluded with an invitation for listeners to schedule a free strategy call with Canzell Business Advisors to assess their business's readiness for