DiscoverThe Fundid PodcastHow to Sell Your Small Business: A Conversation with Baton Co-founder, Dylan
How to Sell Your Small Business: A Conversation with Baton Co-founder, Dylan

How to Sell Your Small Business: A Conversation with Baton Co-founder, Dylan

Update: 2023-10-17
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Ever wondered if your small business can be sold? Rest assured that it's not only possible, but can bring significant returns when done strategically. Join me, your host, Stefanie, as we delve into an insightful conversation with Dylan, co-founder of Baton, breaking down the steps and strategies crucial to sell a business effectively.

This episode promises to demystify the process of selling a business, emphasizing the importance of understanding your financials, even if you're not a finance guru. We uncover key factors such as customer concentration, tax compliance, and how size influences the ability to sell your business. Dylan provides invaluable insights into getting an accurate business valuation and finding the right buyer, even handling situations where the valuation might be lower than expected.

But selling a business isn't just about numbers or finding buyers; it's a journey that often springs unexpected surprises. We discuss the time and effort involved, the critical role of a good business broker, and the importance of having a professional team by your side throughout the process. And as we wrap up, we shed light on how customer relationships, industry, and even one's motivation can impact the sale. You'll come away better equipped and confident to embark on the journey of selling your business. Tune in, and let's get started.

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How to Sell Your Small Business: A Conversation with Baton Co-founder, Dylan

How to Sell Your Small Business: A Conversation with Baton Co-founder, Dylan

Stefanie Sample