I was invited onto Cathy Smith’s ‘Small Business Talk’ podcast, all the way from Australia, to discuss a variety of issues relating to selling a business, and preparing to sell a business, based on my own experiences.

Here’s what we covered;

01.18 – When should your business be ready to sell

02.30 – The first step; make yourself redundant

03.30 – The ‘holiday test’

04.30 – The importance of delegation

08.00 – Ensuring the Business Owner is doing the ‘right’ things

11.40 – Get your paperwork in order

16.20 – Record your data at industry standards

19.30 – Be aware of market values in your sector

23.00 – Add backs in valuations

26.00 – Timelines for preparing to sell your business

26.30 – Debt and cashflow control in preparation for selling a business

27.30 – What would you ask if you were BUYING a business?

28.00 – tactics to prepare for sale and house DIY

29.30 – Key takeaway to preparing to sell your business

30.00 – It doesnt need to be lonely at the top

33.00 – The best advice I’ve been given

34.00 – The biggest help I received in running the business

36.00 – A Business Owner’s ‘non-negotiable’ daily task

37.00 – My favourite business book

38.30 – What I wish I’d known when I started out

If you’d rather listen then either click on the audio link below, or download it so that you can listen in your own time.

You can also listen via Apple Podcast, or Spotify.

If the topic of selling your business, or preparing to sell your business, is one you’d like to look into more, take a look at my ‘11 steps to prepare to sell your business‘.

If you found the above useful then you can also see and hear more of my discussions, interviews and webinar appearances here.

WHAT NEXT?

As I mentioned right at the start of the discussion, if you’d like to discuss how I could help you regarding you not being ‘lonely at the top’, or you feel you need a Business Sounding Board, then please give me a call, drop me an email or connect with me on LinkedIn. Details below. I’ll be happy to have chat with you to explore how I may be able to help you. I’ll be honest and I may not be able to help you myself and in that scenario I’ll try and point you in the right direction.

Still unsure if I can help you? Take a look at What you’ll get from me and what my clients say about me.

If you’d like to receive great advice, tips and tales like the topic discussed in this podcast, to help you on your business journey, make sure you don’t miss out on my FREE newsletter ‘Nous of Fraser’. Sign up here.

contact me 

LET'S MEET FOR A COFFEE

07960 490416

DROP ME AN EMAIL

phil@philfraser.co.uk

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@philfraser

LETS MEET ON ZOOM

phil@philfraser.co.uk