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Podcast Overview

Everyone’s gung-ho on planning how to start a business. But if you ask them what their business exit strategy is, they are unable to say anything. Or if they are able to answer you, they would only say that you should focus on what’s in front of you, thinking about the end later.

However, there is a saying that goes, “Always start with the end in mind.” You know exactly what kind of business you should put up, but without the end in mind, it is possible that you track the wrong direction.

What kind of end goal do you want for your business? Do you want to pass your business to a successor? Do you want to transfer its ownership? Or do you want to sell it?

Whatever it is, without a well-defined business exit planning, you won’t be able to reach your end goal as smoothly as you wish. So to prevent this from happening, More Time More Profit presents you this business exit strategy framework.

Exiting your business could be very stressful, so we devised a business exit planning framework to make it easier for you. Download the framework here.

 

Show Notes:

0:00

Adam and Grant share their weekly life and biz updates.

1:30

Why is it necessary to plan ahead for the exit of your business? Why is business exit planning very important?

4:11

Discover the 4 key elements of our business exit planning framework.

10:15

Talks about how outsourcing can help lessen the load of your business, and where to find a reliable and credible VA team.

Experience working with our recommended VA team within a week for FREE!

12:55

Adam talks about his expertise, exiting and selling businesses, and shares how he used the framework on selling his previous digital media company.

21:00

Grant shows how the business exit planning framework could also be used for selling business shares, not the entire business.

31:23

Planning the Exit and Sale of Your Business – a walkthrough.

 

Resources Mentioned:

 

 

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Specialising is business processes, frameworks and systems, Grant has founded multiple businesses that all operate to target the key fundamental of scalability. His goal is to improve millions of people's lives by assisting business owners to succeed.