Ep 209: Creating an Exit Strategy (Preparing Your Business For Sale)
Wealthy Women of Faith™ | Christian Business Coaching, High Ticket Sales, Evergreen Sales · Judy Weber
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Show Notes
Meet Erin Austin. Harvard Law School graduate. Business consultant. Former in house & outside counsel as well as corporate executive.
Founder of Think Beyond IP, where she helps female founders of expertise-based services create & protect saleable assets to create generational wealth.
This episode is absolutely jam-packed with value for EVERY female founder & small business owner.
Inside, Erin breaks down what it takes to prepare your business ultimately for sale:
- Why it's important to think about an exit before you're ready to exit
- Why you want to think in terms of what it would look like to sell your business - even if you have no intention of doing so
- The difference between sellable and saleable (such an important distinction)
- Be the chef, not the cook (you gotta listen to understand the import of this analogy...it's a GOOD one!)
When two lawyers get together, Erin & I couldn't resist also talking about contract, intellectual property & licensing issues as well.
Grab Erin's Due Diligence Readiness Checklist at the 'Free Resources' button on her site: https://www.thinkbeyondip.com/