January 27, 2023

“My Business Broker was a Doofus, so I Gave him $80,000” with Mike Finger

41 minutes

Are you the type of a business-owner who handles 90% of the business? What if after 10 years of working in your business and now you are ready to sell it in the market, you just know that your business is not sellable? How can you make your business become a sellable asset, determine the right value, and get it in front of buyers who want exactly what you have to offer?

This week's The Dave Kittle Show episode, Dave Kittle will be joined by Mike Finger. Mike is “unapologetically small business”. Over the last 25 years Mike has bought, built and sold multiple businesses. Building his first business was a rewarding challenge, but what really captivated him was selling his first business. Mike wants to help other small business owners make their business ready, so they can experience the incredible impact of a small business sale.

You can learn more about Mike and the Exit Oasis here: www.ExitOasis.com

We will touch on such topics as:

What does “Own-ability is Sell-ability” mean?
Why do you need to meet your broker once a year even if you are not yet ready to sell your business? How can they help you in terms of working on your business and making an exit strategy to make it sellable?
You have to make your business beat you to become sellable. Your business needs to be ready before you are in order to build a track record of profitability even if you are not working on your business.
As a business owner, you should be working in your business, not on your business. Your ability to work 90% of your business hinders you from making it sellable.
If your business is reliant on you even after 10-20 years, you are starting to kill your exit ability.
Delegation, outsourcing and building your team, and training your team members will make your business ready to sell in the next 5 to 10 years.

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And, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.

Connect with him on:

Email: [email protected]

Instagram: @davekittle

LinkedIn: https://www.linkedin.com/in/davekittle/

Call (646)-781-8884

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By Dave Kittle

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