How Do You Make Your Business Sellable And Scalable?

Jun 20, 2024

Welcome to The Profit Talk! In this show, we're going to help you explore strategies to help you maximize profits in your business while scaling and creating the lifestyle that you want as an entrepreneur. I am your host, Susanne Mariga! I’m a CPA, a Fractional CFO, and a Certified Profit First Professional Mastery Level providing tax strategies to 7 and 8-figure entrepreneurs. Let's dive into strategies to maximize profits in your business!

Join us on our new podcast as we dive into the pivotal world of mergers and acquisitions with the wisdom of Marty Fahncke, a masterful marketer with a rich background in setting businesses up for success. Listen to thought-provoking discussions that unveil why individuals opt to purchase businesses and how the right preparation for selling your business can ignite renewed passion for your venture. Discover how timely and strategic planning can shield against expedited, undervalued exits due to life's unexpected turns and how cultivating a sustainable operation can exponentially increase your business's worth. Delve into the finer points of selecting a standout business broker to ensure a smooth sale, and cap it off with life-altering advice that could redefine your business's future. Whether peak or downturn, this episode offers strategies to maximize value and exit triumphantly.

Key Takeaways

1. Learn the key steps in preparing your business for sale to maximize its value.
2. Understand why purchasing an existing business may be a more attractive option than starting from scratch.
3. Discover how getting your business 'sale-ready' can invigorate your passion and potentially improve the business's performance.
4. Hear why it's crucial to prepare for unforeseen events and how it can impact the selling process.
5. Gain insights into the importance of profit over revenue and having solid operational systems for attracting buyers.
6. Explore the three core elements for sale preparation: operational systems, a profit-first approach, and the owner's role reduction.
7. Learn the best timing for selling a business and how proper readiness can affect the duration of the sales process.

 Connect with Marty at https://www.linkedin.com/in/martyfahncke/ or visit his website at https://www.westboundroad.com/ 

Visit my FREE Facebook Group, The Profit First Masterclass, where I'll be sharing additional exclusive trainings to members of the community.  

If you're excited about what's next for your business and upcoming episodes, please head to our itunes page and give us a review! Your support will help me to bring in other amazing expert interviews to share their best tips on how to powerfully grow in your business! 

DISCLAIMER: The information contained within these videos is provided for informational purposes only and does not constitute, an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions, or regulatory updates in the content of this video. Any U.S. federal tax advice contained within is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.