The WealthAbility Show #165:
Join Tom Wheelwright as he discovers the secrets to a successful business exit with guest and author of "Lift Off: 12 Things to Know Before Selling Your Business," Sharon B. Heaton.
Sharon is Founder & CEO of sbLiftOff and one of the country’s leading small business advocates. Appointed to the Small Business Administration’s Investment Capital Advisory Committee, she is working nationally to increase small business access to investment capital. Heaton publishes in Harvard Business Review, Forbes, Washington Business Journal, Alabama.com and regional outlets around the country.
Learn how to build a business that is irresistible to buyers and how to lift off on your next chapter in life.
Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: winwinwealthstrategy.com/
00:00 - Intro
03:26 - What makes a business valuable?
09:52 - Multiples in the current market.
15:00 - Tangible vs. Intangible
18:12 - Private Equity vs. Venture Capitalist
22:38 - Dealing with the fear of selling.
27:35 - Tips for planning your exit.
Looking for more on Sharon B. Heaton?
Website: sbliftoff.com/
Books: "Lift Off: 12 Things to Know Before Selling Your Business"
X / Twitter: @sbliftoff
LinkedIn: / sharonheaton
Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. wealthability.com/tom/
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