Unlocking Business Sucess: Tips For Buying and Selling a Business
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About this listen
Contact Anita Marshall at the following links:
Facebook
LinkedIn
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www.goldcoastbusinessbrokers.com.au
In this episode of the 10X Business Coaches Down Under podcast, hosts Gary Ryan & Alison Wheeler welcome Anita Marshall, a seasoned business broker from Gold Coast Business Brokers. Anita shares her extensive experience in the business brokerage industry, emphasizing the importance of preparing a business for sale well in advance. She discusses key factors that make a business attractive to potential buyers, such as having robust systems and processes in place, ensuring the business is not overly reliant on the owner, and maintaining a comprehensive database of contacts and referral partners. Anita also highlights the significance of realistic pricing and the role of professional brokers in facilitating successful transactions.
The conversation delves into the common pitfalls business owners face when selling their businesses, including unrealistic expectations regarding valuation and timeframes. Anita provides valuable insights for both sellers and buyers, stressing the need for due diligence and the benefits of working with experienced brokers. She encourages business owners to start preparing for a sale early, even if they are not ready to sell immediately, to maximize their business's value. The episode concludes with Anita sharing her motivation and the support she gains from being part of the 10X group, reinforcing the importance of community among business owners.
To learn about the SCALEFAST Program hosted by Gary Ryan and Alison Wheeler for business owners visit here
Book a free 30-minute Strategy Call will Gary or Alison here
Join the 10X Business Coach Program DownUnder Group Mentoring Program here.