The Goose and Egg Strategy for Selling Your Business | Creating an Exitable Business (Part 3)
Podcast: Business LunchPublished On: Fri Sep 30 2022
Description: Did you know you can sell pieces of your business and still keep the primary entity?On today's episode, host Roland Frasier shares how business owners can have multiple exits without selling the main company.As a business owner, you don't have to sell your entire company should you decide to cash out or retire. Think of it like the goose and the egg analogy. The goose is your company; the golden eggs are independent entities that aren't tied to the larger business. These smaller entities can be sold, but the goose remains and could lay even more golden eggs in the future. Listen in to learn how you can develop the clarity you need to sell pieces of your business for massive money while retaining the parent company. IN THIS EPISODE, YOU'LL LEARN:What are exit-ready structures?The numerous types of business exitsWhy it's so hard to sell a proprietorshipEntity choices in the UK, US, and AustraliaMain stages of business growth and evolutionThe goose and the egg analogy in businessHow to create multiple entities in one companyLINKS 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
The note was deleted
The note was saved
Your message was sent