Artwork for podcast Business Lunch
18 Steps to Exiting Your Business (Part 2)
Episode 3852nd September 2022 • Business Lunch • Roland Frasier
00:00:00 00:12:47

Share Episode

Shownotes

So you’ve made the decision to exit your business. But is the business ready for your departure?

  

On today’s episode, host Roland Frasier continues the discussion on business exit planning and the steps you need to take to exit your business safely and successfully. Exits are undoubtedly the most exciting part of owning a business. But as Roland explains, while you may be ready to exit, the more important question should be, is the business prepared for your departure? Having a strategic plan that guarantees a smooth transition of power ensures you get a good price, the best possible payout, and a great return on your investment.

Listen in as Roland breaks down the exact steps he goes through when getting a company ready for exit.


IN THIS EPISODE, YOU’LL LEARN:

  • Business exit planning 
  • The benefits of replicating and automating business systems
  • How to pre-capture the cost of goods sold
  • Recurring revenue models and how to make them work
  • Why you need to simplify your offerings
  • Scaling and cross-training your teams
  • How to add even more value to your business


LINKS AND RESOURCES MENTIONED IN THIS EPISODE:

  • Ask Roland and Ryan a question HERE.


OUR PARTNERS:


Thanks so much for joining us this week. Want to subscribe to Business Lunch? Have some feedback you’d like to share? Connect with us on iTunes and leave us a review!

Mentioned in this episode:

Get Scalable Live - THE PREMIER EVENT FOR BUSINESS OWNERS

Over 3 days, network and collaborate with fellow entrepreneurs and CEOs to build a ‘recession proof’ plan to scale your company to 8-figures and beyond, and…leave knowing 2023 is going to be your best year yet!

Get Scalable Live

Links

Chapters

Video

More from YouTube