Poised for Exit

86 - I Didn't Think My Business Was Sellable


Listen Later

I Didn't Think My Business Was Sellable

Today's episode on #PoisedforExit is a special interview between Brad Peterson of Sunbelt Business Advisors and his clients, Janet and Keith McCarty, who recently sold their business called "Virtual Bookkeeping". 

As Janet put it, "we didn't think our business was sellable!" Being a professional services company, their enterprise value was derived from their client list, their brand, and their long term reputation. They thought that because they didn't have commercial real estate, equipment or other hard assets that they had nothing to sell. This turned out to be just the opposite!

Working with Brad, they learned they had a very marketable business and over a very short period of time, they had 11 written offers on their company. They were able to "choose their buyer" as they put it, making sure the buyer's values matched their own. That of ensuring a legacy for their clients and employees, and they feel they've done that. 

A very inspiring and informative story for any business owner; listen to the episode here!

Find Brad here.
Find Julie here.

Thank you to this month's sponsor! Sunbelt Business Advisors 

Connect with Julie Keyes, Keyestrategies LLC
Founder, Consultant, Author, Pod-caster and Instructor

...more
View all episodesView all episodes
Download on the App Store

Poised for ExitBy Julie Keyes

  • 5
  • 5
  • 5
  • 5
  • 5

5

18 ratings


More shows like Poised for Exit

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,326 Listeners

Investing Insights by Morningstar

Investing Insights

481 Listeners

David C Barnett Small Business and Deal Making M&A SMB by David C Barnett

David C Barnett Small Business and Deal Making M&A SMB

40 Listeners

The Diamond Podcast for Financial Advisors by Mindy Diamond Financial Advisor Recruiter and Consultant

The Diamond Podcast for Financial Advisors

99 Listeners

Exit Is Now - Plan Accordingly With Scott Snider by Scott Snider

Exit Is Now - Plan Accordingly With Scott Snider

9 Listeners