How To Build A Business You Can Sell

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If you’re looking to grow your business with a view to one day potentially selling it, you’ll enjoy today’s video. My guest today, Joseph Quero, is a former client of mine who was able to sell his business, in part, because he was able to transition away from being the owner-operator to building business systems that no longer relied on him.

Here's the thing... When it comes to selling your business, it’s important everything can run independently, without you.

Having failed at other businesses before, Joseph was laser focused on learning from his mistakes this time around. In the beginning, he was hands-on in the daily operations, but our work together helped to shift his mindset regarding being an owner-operator. We spent a lot of time working together to expand his view of what his business was capable of and it clearly worked!

Joseph highlights the importance of accurate P&Ls, business systems, business contracts, and a good company culture as being critical to increasing the value of his business.

If you'd like my help growing the value of your business - or if you're considering selling your business and need some advice - please reach out to me. I'd be happy to assist.

Time Stamps:

00:57 – Joe’s story and journey as a businessman.
03:37 – Shifting priorities from being owner-operator to being independent
06:30 – The critical drivers of the business evaluation process
09:04 – Joseph’s advice for business owners.
11:20 – How to get started with building your business into an asset.

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Karie Kaufmann
San Diego Business Coach
ActionCOACH Business Coaching + Training Center
3111 Camino del Rio N STE 101, San Diego, CA 92108
[phone]

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