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271: How to Exit Your Business In Record Time with Christine McDannell
Manage episode 394750954 series 2802446
Inhoud geleverd door Darrell Evans, Digital Marketing and Business Growth Strategist for Established Businesses, Darrell Evans, Digital Marketing, and Business Growth Strategist for Established Businesses. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Darrell Evans, Digital Marketing and Business Growth Strategist for Established Businesses, Darrell Evans, Digital Marketing, and Business Growth Strategist for Established Businesses of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
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In this episode:
What are the key factors for a successful business exit? How can first-time business buyers escape corporate life post-COVID? In this episode, I'm discussing these questions and more with guest Christine McDannell, principal of the Magnolia Firm. Christine shares her extensive expertise in buying, selling, and exiting businesses, offering valuable insights into the complexities of the M&A industry and the challenges faced by e-commerce businesses. This episode provides a wealth of knowledge for anyone looking to navigate the world of business acquisition and exit strategies.
In this episode, you will:
- Gain insights into the process of buying profitable businesses using OPM (other people's money) and the challenges and benefits associated with it.
- Discover the key factors for a successful business exit, including the importance of removing the owner from the business, maintaining a good reputation, and managing profits.
- Hear about the challenges faced by ecommerce businesses, particularly in light of the iOS update and its impact on retargeting ads and lead generation.
Connect with Christine McDannell
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No tactics. No trends. Just clear thinking on what actually works from three decades of working with $1M+ businesses that have outgrown tactics but need strategic clarity.
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