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Thinking about selling your business might seem as simple as imagining yourself listing it, finding a buyer, and celebrating your farewell. But the reality is much more involved. Exiting your business is more like a long goodbye. Every exit is different, and it’s rarely as quick as you might hope. This eBook will walk you through the three essential phases, guiding you through what matters most at each stage so you’re prepared to make the most of your journey.
Subscription models fuel steady revenue and customer loyalty. Netflix, Spotify, and BarkBox have mastered it—but it’s not just for tech giants. Small businesses, from carpet cleaners to art schools, are thriving with subscriptions. Could a subscription model turn your one-time customers into loyal regulars? It might be the key to lasting success.
Like bungee jumping, getting married, or hiking the Grand Canyon, selling your business is something you’re likely only going to do once in your life. There’s no practice tee and no batting cage, so it’s worth doing a little planning beforehand.
In this eBook, you’ll get inside the mind of an acquirer to understand what potential buyers of your business are looking for.
As a business owner, you’re familiar with the challenges and complexities that come with steering your company day-to-day. But have you considered the transformative power of picturing your endgame?
This simple yet strategic action is more than just setting a goal; it’s about creating a clear roadmap for your entrepreneurial journey. It becomes a guiding star for your business, simplifying decision-making.
For a successful exit, you need to be able to say a hearty “Yes!” to two important questions:
1. Is your business ready for you to exit?
2. Are you ready to exit?
It’s an easy question to ask, but it can be difficult to answer. This is why we’ve created a five-step action plan to ensure you have a happy, lucrative exit from your business.
As an owner, your business is not just a source of income; it’s an investment.
From financial performance and growth potential to customer satisfaction and the business’s reliance on your personal involvement, we’ll explore in detail the eight key factors that drive business value.
If you’re like most business owners, your desire for freedom is hardwired into your psyche.
This eBook will help you calculate your Freedom Point, which is when work becomes a choice, not a necessity.
As a business owner, you might feel the urge to diversify and cross-sell a variety of products to your existing customers. While this strategy might seem smart, it can unintentionally undermine the long-term value of your company.
We will delve into the strategic advantages of focusing on a singular, differentiated offering with data from an analysis of over 20,000 businesses, showing how the riches are indeed in the niches.
Does your business lack organization around basic tasks? Do your employees seem reliant on you? Are you questioning how you can improve your growing business and its value?
If you answered yes to any of these questions, implementing SOPs may be what you need to solve your problems.
How would you rate your ability to delegate?
If you’re like most business owners, you probably give yourself a decent grade. However, if you’re constantly finding yourself disappointed in people on your team, the problem may be less about them and more about your ability to delegate effectively.
Have you ever wondered how to make a business less reliant on its owner? The answer is to “productize” the service.
This is the process of breaking down the service into a series of steps and packing it like a tangible offering. We’ve developed an eBook outlining an 8-step approach to help you productize your service.
It can be tempting to try to time the sale of your business to coincide with a peak in the economy. However, it’s impossible to know when that moment will hit.
Design your business exit and discover the best time to sell.
What do Airbnb, Mailchimp, Microsoft, and Uber have in common?
They all started in an economic downturn.
Discover how to reinvigorate and expand your business at a time when others prioritize survival and preservation.
While you can’t buy happiness, you can buy personal freedom. It comes from building enough wealth that work becomes a choice.
What’s the fastest way to attain the feeling of true freedom?
Focus on the one number you need to be truly free – the ultimate Owner’s Metric.
How do you determine the value of your business?
You might think this involves an in-depth look at your books, sizing up the market, and many other types of quantitative analysis.
But a study of 1,511 companies uncovered an often-omitted factor when assessing company value—the business owner.
In this eBook, you will learn the tools to help emotionally equip yourself for the thrilling rollercoaster that is entrepreneurship including:
How to temper the highs and lows.
How to separate your identity from the work that you do.
The importance of finding your tribe.
You’ll discover:
- The surprisingly simple strategy behind one founder’s $87 million exit
- The strategic move that took one company from being worth three times EBITDA to more than 13 times in just two years
- The 10/40 rule and how it can jack up your take from the sale of your business
Did you know almost half of all business owners will hit the same stumbling block?
They become the primary revenue driver for their company – The Rainmaker.
Avoid the downhill trap of becoming the Rainmaker and make the transition to Architect of your business.
