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Boss Talk: Selling Businesses With Jim Parker and Carey Sobel | EP 23 | When Is the Right Time to Sell My Business?
Video podcast link: https://youtu.be/JFs-CIaQfTY
Join Jim Parker and Carey Sobel in this eye-opening episode of Boss Talk as they tackle one of the most frequently asked questions by business owners: 'When is the right time to sell my business?' Timing is crucial and can determine whether you walk away with financial freedom or disappointment. They discuss key factors like personal readiness, financial preparedness, performance indicators, market cycles, and the challenges of predicting the best time to sell. With real-world examples and expert advice, this episode is packed with insights for any business owner considering their exit strategy. Don't miss it! 🏢💼📈
📌 Business owners, if this content resonated with you, feel free to contact Boss Group International for any inquiries or to get started with a Broker's Opinion of Value. We're here to serve you and ensure your business goals are met with excellence.
🌐 For more information on selling your business, visit https://www.bossgi.com
👉 Subscribe for the latest from Boss Talk: Selling Businesses with Jim Parker and Carey Sobel @ListenToBossTalk Leave us a comment, like, and share! We welcome your feedback! Let us know if there is a topic that's on your mind, and if you would like us to cover it in a future episode.
Catch up on past episodes here: https://www.youtube.com/playlist?list=PL6P2KZ69USp7uXhVKINeFL6IzcV9dr0fa
00:00 Introduction to Boss Talk 00:18 The Importance of Timing in Selling Your Business 00:58 Exit Planning as a Business Strategy 01:23 The Three Legs of the Stool: Personal Readiness 02:31 Recognizing Burnout and Loss of Passion 06:48 Financial Readiness: When Your Business is Gravy, Not Oxygen 10:13 Business Attractiveness: Indicators for Selling 15:44 Market Cycles and Economic Factors 25:52 The Hot Market for Home Services 26:51 The Importance of Exit Planning 27:51 The Role of Business Brokers 29:24 Preparing Your Business for Sale 40:28 Family Transitions in Business 47:22 When is the Right Time to Sell? 51:07 Conclusion and Key Takeaways
#bosstalk #sellingbusinesses #businesspodcast #businessbroker #bossgroup #businessowner #businesssales
By Boss Group InternationalBoss Talk: Selling Businesses With Jim Parker and Carey Sobel | EP 23 | When Is the Right Time to Sell My Business?
Video podcast link: https://youtu.be/JFs-CIaQfTY
Join Jim Parker and Carey Sobel in this eye-opening episode of Boss Talk as they tackle one of the most frequently asked questions by business owners: 'When is the right time to sell my business?' Timing is crucial and can determine whether you walk away with financial freedom or disappointment. They discuss key factors like personal readiness, financial preparedness, performance indicators, market cycles, and the challenges of predicting the best time to sell. With real-world examples and expert advice, this episode is packed with insights for any business owner considering their exit strategy. Don't miss it! 🏢💼📈
📌 Business owners, if this content resonated with you, feel free to contact Boss Group International for any inquiries or to get started with a Broker's Opinion of Value. We're here to serve you and ensure your business goals are met with excellence.
🌐 For more information on selling your business, visit https://www.bossgi.com
👉 Subscribe for the latest from Boss Talk: Selling Businesses with Jim Parker and Carey Sobel @ListenToBossTalk Leave us a comment, like, and share! We welcome your feedback! Let us know if there is a topic that's on your mind, and if you would like us to cover it in a future episode.
Catch up on past episodes here: https://www.youtube.com/playlist?list=PL6P2KZ69USp7uXhVKINeFL6IzcV9dr0fa
00:00 Introduction to Boss Talk 00:18 The Importance of Timing in Selling Your Business 00:58 Exit Planning as a Business Strategy 01:23 The Three Legs of the Stool: Personal Readiness 02:31 Recognizing Burnout and Loss of Passion 06:48 Financial Readiness: When Your Business is Gravy, Not Oxygen 10:13 Business Attractiveness: Indicators for Selling 15:44 Market Cycles and Economic Factors 25:52 The Hot Market for Home Services 26:51 The Importance of Exit Planning 27:51 The Role of Business Brokers 29:24 Preparing Your Business for Sale 40:28 Family Transitions in Business 47:22 When is the Right Time to Sell? 51:07 Conclusion and Key Takeaways
#bosstalk #sellingbusinesses #businesspodcast #businessbroker #bossgroup #businessowner #businesssales