Retailers like #Amazon simplify the purchase process with a buy button.
The customer can select and pay quickly without a whole lot of friction.
How can you do the same when you’re trying to buy or sell a business?
Warm-Up – You’re great at making or selling your product or service.
- You don’t have the same muscle memory for selling a business since it may be your first time.
- Selling a business is an intense, bumpy, and time-consuming process that you can’t get wrong.
- You need to learn the process so you can get to the finish line.
Organize – Preparing a data room with all the financial records, business entity, customer, and vendor details takes time to paint an accurate picture.
Evaluate – A business is like a baby. Only you think it’s the most beautiful thing in the world.
- Hire a business broker or #appraiser to get an evaluation.
- Determine if it’s enough to retire or move into your next reinvention.
Hire A Deal Doula – Not a mentor
- Mentors are great sounding boards but they’re not going to spend countless hours walking you through a deal.
- A Deal Doula has seen tons of deals, knows how to leverage the talents of the lawyers and accountants, can read a term sheet, knows the jargon, will be your coach, therapist, speech writer, and cheerleader.
Need a Deal Doula? Call me today.
#dealdoula
#businessowner
How do you turn your business into a giant BUY button? Hire a Deal Doula
Retailers like #Amazon simplify the purchase process with a buy button.
The customer can select and pay quickly without a whole lot of friction.
How can you do the same when you’re trying to buy or sell a business?
Warm-Up – You’re great at making or selling your product or service.
- You don’t have the same muscle memory for selling a business since it may be your first time.
- Selling a business is an intense, bumpy, and time-consuming process that you can’t get wrong.
- You need to learn the process so you can get to the finish line.
Organize – Preparing a data room with all the financial records, business entity, customer, and vendor details takes time to paint an accurate picture.
Evaluate – A business is like a baby. Only you think it’s the most beautiful thing in the world.
- Hire a business broker or #appraiser to get an evaluation.
- Determine if it’s enough to retire or move into your next reinvention.
Hire A Deal Doula – Not a mentor
- Mentors are great sounding boards but they’re not going to spend countless hours walking you through a deal.
- A Deal Doula has seen tons of deals, knows how to leverage the talents of the lawyers and accountants, can read a term sheet, knows the jargon, will be your coach, therapist, speech writer, and cheerleader.
Need a Deal Doula? Call me today.
#dealdoula
#businessowner
