Preparation is Key: Getting Your Business Ready for a Profitable Exit

Capital Connections: Training Series by Lorette Farris

Episode notes

Essential Steps to Prime Your Business for the Market

Preparing Your Business for a Profitable Exit. In this episode, we distill critical facets enterprises must amplify to prime for transition, including streamlining operations, quantifying growth potential, and formalizing continuity planning. By optimizing these pillars 12-18 months before engaging prospective buyers, you signal that your company can thrive in a new direction - expanding your pool of potential acquirers willing to pay premiums. We also explore essentials for enterprises playing the long game through sustained optimization versus those just initiating exit planning.

Delving into financial readiness, the North Star guiding value conversations, we outline specific measures from retaining finance specialists to targeting 10-30% annual revenue growth th ... 

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Keywords
Small Business Sale PreparationProfitable Business ExitEnhancing Business ValueOperations Optimization for SaleSolopreneur Business ExitM&A Strategies for Small BusinessesPreparing for Business Transition