Sell at the top of Your Game. They did.
Salt Lake City, Minneapolis, Bend, and San Diego: Three people tell you how they sold their business. Lorraine Miller, Jim Schell and Peter Schenck, each wanted a change. They knew their business could live on and thrive so they went to work to find buyers who could take the business to the next level.
Selling your business is a little like the firstborn child leaving home. It takes a lot work and there is great relief and pride in seeing them live on without your day-to-day involvement.
In most every episode of the show we explore how and why the founder of the business got started. We usually spend time looking at ways they got over hurdles and how they choose the battles to fight, and even how they got up from the mud when they had been pushed down and walked on.
Here is a rare opportunity to learn from those who have fully completed all eight steps within the business cycle.
For more study, go to the following:
1. Review all eight possible ways to exit your business.
2. Employee-Stock Ownership Plans can be specifically modified for the needs of the founder and the growth and direction of one's business. (Review all video)
3. Find the highest bidder. Meet Bob Orenstein. He was flirting with burn out and decided to sell. First step, he engaged professionals to help. He sold to a large, publicly-traded company for maximum return on his many years of investment. You can too. Go to all the video.
4. Find buyers for your business.