02 Apr Why is selling a Business so Hard?
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Segment 1: The Hard Truth About Selling a Business
- Discussion on the complexity of the selling process
- Financial and legal hurdles that need to be overcome
- The emotional attachment to the business and its impact on the sale
Segment 2: The Emotional Ties That Bind
- Deep dive into why selling a business is such an emotional time
- Identity and self-worth tied to the business
- The feeling of letting employees and customers down
- The fear of the unknown post-sale
- Expert Interview: A Psychological Perspective
- Can you hit the number you want with a buyer you can work with?
Segment 3: Preparing for the Sale Process
- Practical steps to detach emotionally from the business
- Shifting perspective from owner to seller
- Focusing on future opportunities
- Getting your business in order: financial audits, valuations, and more
- Assembling the right team: brokers, accountants, lawyers
Segment 4: Strategies for a Smoother Sale
- Strategies for setting realistic expectations
- Tips on maintaining business performance during the sale
- Negotiation tactics and how to handle offers
- Getting through Due Dilligence and a potential QoE
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