#155. Business Exit Strategies: Essential Tips for Successfully Leaving Your eCommerce Venture
Written by Vira Sadlak
Podcast
3 min read
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Join our host Vira Sadlak for this interview with Reed O’Brien, Strategic Partnerships Manager at Empire Flippers, where he reveals expert tips for planning a successful business exit.
Discover insider strategies for selling small or large businesses, and learn how to avoid common pitfalls while preparing for a smooth and lucrative business sale.
About today’s guest
Reed O’Brien is Strategic Partnerships Manager. In his time at Empire Flippers, he’s helped hundreds of sellers achieve their exit goals.
You’ll learn
Planning your exit strategy for optimal business success
Insider tips on what to expect when selling a small or large business
Selling a business: the one case where DIY works best
Different strategies to streamline payout structure for larger businesses
Empire Flippers’ step-by-step process for selling a business
How to leverage your strengths as an entrepreneur for a more lucrative exit
The most common exit preparation mistakes to avoid for a smooth business sale
Some of the questions we ask:
What is a business exit, and is it for everyone in eCommerce?
Why sell your business, especially if it’s profitable?
How often do buyers want to have performance-based pay?
How much time do you need to prepare to exit?
What’s better – to sell with a broker or on your own?
How do you determine the value of a business?
What are some factors to consider to evaluate my business’ monetary value?
Are there any strategies to make your business more attractive to a buyer if you’re planning to sell in a few years?