
A Successful Exit From Both Sides Of The Table
The Growth-Drive Hot Seat
• 40 min
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<p><br><strong>Summary </strong></p>
<p>Deborah Everson shares her journey of turning around a struggling retail business and successfully exiting it. She emphasizes the importance of maximizing transferable business value and creating options for clients. Deborah and her husband went through a two-year process of preparing their business for sale, including updating inventory, improving systems, and getting their finances in order. They successfully sold the business and ensured that it remained a hardware store in their community. Inspired by their own experience, Deborah now helps other small businesses increase their value and plan for a successful exit.</p>
<p><strong>Keywords</strong></p>
<p>Exit planning, retail business, maximizing value, preparing for sale, successful exit, small business, legacy, community</p>
<p><strong>Key Takeaways</strong></p>
<p>Maximizing transferable business value and creating options is crucial for clients<br>Preparing a business for sale involves updating inventory, improving systems, and getting finances in order<br>Successful exits require a team of advisors and careful communication with employees<br>Life after the sale can be fulfilling and rewarding, with opportunities for new ventures and personal growth</p>
<p><strong>Sound Bites</strong></p>
<p>"Maximize transferable business value and create options"<br>"Married into the hardware business and turned it around"<br>"Created a five-year plan and remodeled the store"<br></p>
