In this episode of The Business Coach podcast, David Finkel shares three straightforward steps to help business owners prepare their companies for a top-dollar sale. He emphasizes the importance of determining the value of your business, conducting a buyer's audit to identify strengths and weaknesses, and implementing improvements based on the audit. Real-world examples and insights from industry professionals illustrate how these steps can enhance profitability and increase the appeal of your business to potential buyers. Tune in for actionable strategies to build a more valuable and profitable business.
00:00 Introduction to Selling Your Business
01:16 Three Steps to Prepare Your Business for Sale
02:10 Step 1: Determine Your Business's Value
08:55 Step 2: Conduct a Buyer's Audit
14:48 Step 3: Enhance and Fix Your Business
16:39 Conclusion and Final Thoughts
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