Business Buying Strategies From The Dealmaker's Academy

In today's episode, I'm talking to Cliff Spolander, who helps entrepreneurs to maximize the value of their business ready for sale. Cliff has spoken to more than 1,000 business owners looking to exit their business. We talk about what he's learned from those 1,000 business owners. We also talk about how he helps business owners to maximize the value of their business and finding the problems and flaws that could put off a potential buyer. Key Highlights [02:08] Cliff’s conclusions after speaking to so many business owners [03:40] What are the main types of business exit? [06:17] How business liquidation works [10:00] Strategies for selling to private equity-backed buyers [12:07] Cliff’s views on owners using brokers to exit [13:08] Alternative ways to exit [14:38] Key things an owner needs to get ready to sell the business for the best value [16:40] Why one should not rely on one or two individuals [20:48] What speeds up the process of selling a business [22:35] Quick wins business owners can implement to get