How to Sell Your Business for Millions: The Key Characteristics of an Irresistible Acquisition
What are the characteristics of an irresistible acquisition?
Learn the essential strategies on how to sell your business for millions from Randy Woods, who not only sold his company, Nonlinear Creations, to Valtech but also currently spearheads acquisitions for his acquirer.
Discover the key characteristics that make your business an irresistible acquisition target. Whether you're a seasoned entrepreneur or just starting out, understanding these traits can greatly enhance your chances of attracting high-value buyers.
Watch now to gain valuable insights and expert tips that can help you maximize the value of your business and secure a lucrative deal.
Don't miss out on this must-watch guide to achieving a successful business sale!
SHOW NOTES:
NOTES: 00:00 This episode is brought you by DealFlowSystem.net
00:46 Intro to Randy Woods
11:40 How to Become inbound Content Kings
14:50 Deciding to sell
16:50 Why you create a wall between selling & running company
22:50 Why Valtech bought Randy's company
27:02 Price Terms - confident buyer would honor the terms
29:40 How we placed a Valuation on our company
33:45 Why we decided to stay on with new company
37:27 From acquired to acquirer
47:46 Key characteristics in an Irresistible Acquisition: Financials, Business Model, Process, Customer Concentration, Management Team, Employees
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