And if you really knew me, you’d know that helping profitable Texas small business owners sell their companies for top dollar is a career pivot that I made in November of 2018.
In addition to being a 4th generation entrepreneur and purchasing my first business in 2010, I spent 2013-2018 building a private coaching practice
while acquiring the coaching credentials necessary to help entrepreneurs and small business owners maximize life and business potential.
All of this to say, since my career pivot last November, I’ve spent several months deep in business brokerage research and study in order to better help those looking to buy or sell. And today, I came across a really helpful article from Inc.com that I’d like to share with you because it highlights some foundational tips — for both small business buyers and small business sellers — that I think you’ll enjoy.
Today we're going to dig into two surprising ways to grow your small business for even more profit and greater peace.
Most business owners I work with are in one of three stages of business ownership and trying to achieve the next:
One, start up and survive.
Two, grow and survive.
Three, sell and survive.
This illustration may be over-simplistic but I suspect it's more on point than off. What we'll be covering in today's mini training is most applicable for business owners in stages two and three and should be a goal for those of you in stage one.