A must for anyone who advises business owners or who is thinking about buying or selling a business. This talk, sponsored by the Exit Planning Institute, will explore the emotional journey of buying or selling a business and how to manage the emotions and expectations that sabotage deals.
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Networking and referral groups are not one-size-fits-all. The personality of the group, the industries represented, the types of businesses, and how inclusive a group is all factor into whether or not a group is a good fit for you. From a business perspective, it's not enough to have well-meaning people who would love to refer you, but never see your ideal client. From a personal perspective, it's important to be part of a group where you can connect authentically and get support. Listen as we explore what makes a group a good fit and share some of what we've learned the hard way.
Bartering is big business. We're talking to the tune of 12 billion dollars plus a year. Many business owners barter to get their business up and running. Be cautious about trading goods and services when you don't have enough clients and cash flow is tight. Listen along as we break down the pros and cons of bartering. And if you are going to barter, we'll give you the best tips to make the transaction super successful.
This is a really personal episode for us. In 2017, Barb had the first of several ongoing health crises. And we dealt with it like most owners deal with their health...poorly. Business owners are notorious for not resting when they're under the weather. We hide because we don't want others to think about us differently. And we don't want it to hurt our business. What happens when something more serious happens? How is it that you take time to heal? What are the conversations that you need to have with your partners and staff? Listen along as we discuss how we've dealt with illness in our business and how it's changed where we're going.