Keys to Creating an Exitable Business You Can Sell (Part 1)
Keys to Creating an Exitable Business You Can Sell (Part 1)  
Podcast: Business Lunch
Published On: Fri Sep 16 2022
Description: How soon should a business owner start planning to exit the business? On today's episode, host Roland Frasier goes through the 5 exits of an entrepreneur and practical tips for structuring your business for a successful exit. It may seem counterintuitive for business owners to develop exit strategies, especially when their business is doing well. But as Ryan explains, there will come a time when the business owner has to exit the business. And when such time comes, the business has to be ready if the owner is to maximize the valuation of the business.It doesn't matter how far off an entrepreneur is from selling the business. Planning ahead helps create more value and weed out issues before pulling the trigger. Tune in to learn more about the benefits of developing exit-ready structures in your business and maximize your business' valuation by strengthening its value proposition.IN THIS EPISODE, YOU'LL LEARN:The benefits of having a business exit strategy in placeThe 5 exits of an entrepreneurWays to structure your business for a potential exitHow to create multiple exit opportunities in one companyThe goose and egg structure in businessUnderstand the main categories of buyersWhy EBITDA is such a big thing in exit planning Efficient business structures for a successful exitLINKS AND RESOURCES MENTIONED IN THIS EPISODE:Ask Roland and Ryan a question HERE.OUR PARTNERS:7 Steps to Scalable workbookGet a free proposal from Conversion FanaticsGet 3% cash back on your ad spend with AdCardGet my book, Zero Down, FREEThanks 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 OWNERSOver 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