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Podcast
3 min read

#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?

Links mentioned in this episode

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Meet your host

Vira Sadlak​

Vira Sadlak​

Podcast host, marketer, traveller and a life lover from Vancouver, Canada

When she’s not at her computer, conquering the world of e-commerce email-marketing, you can find her climbing one of the Pacific Northwest Ranges.

Alternatively, try her email at vira@flowium.com, and she’ll probably shoot you back a list of her favorite cat videos.

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