Process Breakdown Podcast (audio)

How to Make Your Service-Based Company More Valuable

11.09.2020 - By Process Breakdown Podcast (audio)Play

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Do you think of ways to add value to your company? Have you ever thought of selling your service-based business? Or are you thinking of selling your service-based business?

And most importantly, should you be thinking about selling it?

If your answer is yes or no to any of the above questions, you’d be surprised that your service-based business may not worth as much as you think.

On this episode of the Process Breakdown Podcast with Dr. Jeremy Weisz, he features John Warrillow, founder of The Value Builder System™, a system that helps you determine if your business is valuable enough to be sold.

Mr. Warrillow shares stories of how service-inclined business owners discovered the emptiness of their company’s worth when they were selling it, and he then shares practical tips and insights on how to gauge the value of your business and how to improve it.

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Key Resource List:

SweetProcess.comBuilt to Sell: Creating a Business That Can Thrive Without YouThe Value Builder SystemCheck Your Company’s Sellability Score

Show Notes:

0:05 – Podcast introduction1:08 – Dr. Weisz shares the best solution for documenting standard operating procedures, Sweet Process, and highlights their 14-day free trial.

1:56 – The guest speaker, John Warrillow, is introduced to listeners

4:50 – The guest talks about how to approach the difficult conversation with your teammates and employees when you’re about to sell or thinking of selling your company.

7:06 – Mr. Warrillow gives insights on how to brand your business in a way that your service brand is sellable.

9:03 – Mr. Warrillow gives an example of a service-based brand that planned on selling their company but found it to be unsellable. He then explains the steps the owner took to make the company sellable.

10:48 – The guest speaker shares ways to redefine your business to become an asset, in the event you decide to leave. He introduces an example of how he had to rebrand his own company in order to make it sellable.

12:09 – The speaker shares the steps he took to make his service-based company sellable: what was impactful, what flopped, and how he eventually scaled it.

15:03 – Mr. Warrillow shares the ways to effectively “niche down” as a service company that wants to scale using his working system, The Scalability Finder. 

17:10 – The speaker shares the secrets of niching down your business, and the questions you should ask yourself throughout the process.

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