1078. Building a Scalable & Sellable Business: Essential Strategies for Entrepreneurs
Podcast: The Kelly Roach ShowPublished On: Mon Nov 18 2024
Description: In this episode of The Kelly Roach Show, Kelly dives deep into the essential components of building a scalable and sellable business—a key priority for any entrepreneur seeking long-term success. She demystifies the common misconception that scaling is solely about customer acquisition, highlighting instead the intricate balance between scalability and sellability. Kelly shares profound insights on creating a business model that achieves both, focusing on crucial elements like strong leadership, recurring revenue, and transparent financials. This episode serves as a comprehensive guide for entrepreneurs determined to build a thriving, sustainable, and profitable venture. Listen to the BRAND NEW Bigger Than You audiobook on Audible: https://www.audible.com/pd/Bigger-Than-You-Audiobook/B0DMR2FB2P Book a Call: Get personalized guidance and achieve your goals by booking a call with Kelly Roach: https://kellyroachcoaching.com/book-now/ Also in this episode: Importance of recurring revenue, establishing consistent cash flow through recurring revenue is crucial to demonstrate future financial viability to potential buyers. Maintaining a gross margin between 35% to 45% is essential for demonstrating profitability and attracting potential investors or buyers. Clean financial records, keeping transparent and organized books is fundamental for any business aimed at being attractive to potential buyers. Stay Connected With Kelly Roach: Instagram | LinkedIn | Facebook | Youtube
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