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Episode 2317  |  27:52 min

Strategically Positioning Your Company for Sale in 7 Steps with Terry Lammers

Episode 2317  |  27:52 min  |  11.18.2019

Strategically Positioning Your Company for Sale in 7 Steps with Terry Lammers

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This is a podcast episode titled, Strategically Positioning Your Company for Sale in 7 Steps with Terry Lammers. The summary for this episode is: <p>Terry is a Certified Valuation Analyst and cofounder of Innovative Business Advisors. He works with his team to guide current business owners looking to sell their enterprises, as well as prospective buyers. His new book, You Don’t Know What You Don’t Know, is an in-depth examination of the process of buying, growing, and eventually selling a business.</p> <p><strong>Top 3 Value Bombs:</strong></p> <p>1. The biggest driver of value in a company is its cash flow.</p> <p>2. You need to develop and have a life plan after the sale.</p> <p>3. You don’t know what you don’t know, you have to ask questions.</p> <p>Grab a copy of Terry’s book - <a href= "https://www.amazon.com/gp/product/0997521015/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=entreprcom-20&creative=9325&linkCode=as2&creativeASIN=0997521015&linkId=d5c897d73c7cd686a1982aedb8c9350b" target="_blank" rel="noopener noreferrer">You Don't Know What You Don't Know</a></p> <p><strong>Sponsors:</strong></p> <p><strong><a href="http://Klaviyo.com/fire" target="_blank" rel= "noopener">Klaviyo</a>:</strong> Klaviyo has released a holiday planning go-to-guide to help you maximize your Q4 sales! Download it today at <a href="http://Klaviyo.com/fire" target="_blank" rel= "noopener"><strong>Klaviyo.com/fire</strong></a>!</p> <p><strong><a href="http://BizCounsel.com/fire" target="_blank" rel="noopener">BizCounsel</a>:</strong> For just $89 per month you get a dedicated attorney you can talk to at any time! Visit <a href="http://BizCounsel.com/fire" target="_blank" rel= "noopener"><strong>BizCounsel.com/fire</strong></a> to get your first month free!</p>

Terry is a Certified Valuation Analyst and cofounder of Innovative Business Advisors. He works with his team to guide current business owners looking to sell their enterprises, as well as prospective buyers. His new book, You Don’t Know What You Don’t Know, is an in-depth examination of the process of buying, growing, and eventually selling a business.

Top 3 Value Bombs:

1. The biggest driver of value in a company is its cash flow.

2. You need to develop and have a life plan after the sale.

3. You don’t know what you don’t know, you have to ask questions.

Grab a copy of Terry’s book - You Don't Know What You Don't Know

Sponsors:

Klaviyo: Klaviyo has released a holiday planning go-to-guide to help you maximize your Q4 sales! Download it today at Klaviyo.com/fire!

BizCounsel: For just $89 per month you get a dedicated attorney you can talk to at any time! Visit BizCounsel.com/fire to get your first month free!

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