In this episode, Maggie Lord shares her entrepreneurial journey and insights into exit strategies, focusing on planning and financial preparation for selling a business. She and Melinda discuss how to identify potential buyers and ensure a fair valuation. The episode includes a segment from the sponsor, SmallBizLady Academy. Maggie also covers the importance of confidentiality […]
The SmallBizChat Podcast: How to Transition to Employee Ownership with Sarah Durham
Sarah Durham is an entrepreneur and creative consultant passionate about helping entrepreneurs. She founded Big Duck in 1994 to help nonprofits increase their visibility, raise money, and communicate more effectively. Now, she serves on its board of directors after selling the business to her employees in 2021. Sarah now provides coaching to entrepreneurs, nonprofit leaders, […]
Planning Your Exit Strategy
Selling your business, transferring it to your kids or getting acquired by a Fortune 500 company might be the furthest thing from your mind if you only recently started your business, but it’s never too early to think about your exit strategy. Steven Covey famously wrote, “Begin with the end in mind,” and he was […]
Creating a Business You Can Sell – Q&A with John Warrillow
Every week as SmallBizLady, I conduct interviews with experts on my Twitter talk show #SmallBizChat. The show takes place every Wednesday on Twitter from 8-9pm ET. This is excerpted from my recent interview with John Warrillow @JohnWarrillow. John is the author of Built to Sell: Creating a Business That Can Thrive Without You. Built to Sell […]