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Episode 221: Industry Tea with Partner Michael Jay - Selling a Studio

46:43
 
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Manage episode 392053596 series 2991340
コンテンツは Nick Dennis によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Nick Dennis またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal

What We Cover In This Episode:

  • One of the single biggest things that restricts selling options as a studio owner [4:03]

  • How to approach starting the selling process as an owner [7:38]

  • A look at stock sale versus the asset sale [11:44]

  • What to consider in order to be fully prepared for due diligence [13:41]

  • Why you should always be thinking about your exit plan while running your business [17:57]

  • Thoughts on what the value of legacy really means [25:33]

  • What the driving factors to sell a studio typically will be [36:27]

  • A few things that you can do right now to set yourself up for success in selling [41:21]

Quotes:

“Have policies and procedures that are written into the employee handbook that someone else can step in and take over and it doesn't revolve around you as an owner.” [Mitch, 4:31]

“Normally, we want to be years ahead of this, so your lease coming to an end can restrict the options that you have to sell more than anything else.” [Mitch, 6:38]

“Beauty is in the eye of the beholder. Worth is, how much is it worth to you and how much is it worth to a buyer who’s willing to write a cheque? That’s what determines value, really.” [Mitch, 22:34]

LINKS:

Learn More About Michael & Get Exclusive Offers from our Partners!

Mitch’s Website and Email

Connect with Mitch on Instagram

BizBuySell

Michael's Website and Podcast

Connect with Michael on Instagram

Episodes 219, 217, 215 & 115 with Michael

Send Megan Your Playlist or Discuss the Podcast Here!

fitDEGREE’s Business Portal

https://calendly.com/fitdegree/support

support@fitDEGREE.com

https://www.instagram.com/fitdegree/

​​https://www.instagram.com/fitspot_guru/

https://www.fitdegree.com/blog

  continue reading

270 つのエピソード

Artwork
iconシェア
 
Manage episode 392053596 series 2991340
コンテンツは Nick Dennis によって提供されます。エピソード、グラフィック、ポッドキャストの説明を含むすべてのポッドキャスト コンテンツは、Nick Dennis またはそのポッドキャスト プラットフォーム パートナーによって直接アップロードされ、提供されます。誰かがあなたの著作物をあなたの許可なく使用していると思われる場合は、ここで概説されているプロセスに従うことができますhttps://ja.player.fm/legal

What We Cover In This Episode:

  • One of the single biggest things that restricts selling options as a studio owner [4:03]

  • How to approach starting the selling process as an owner [7:38]

  • A look at stock sale versus the asset sale [11:44]

  • What to consider in order to be fully prepared for due diligence [13:41]

  • Why you should always be thinking about your exit plan while running your business [17:57]

  • Thoughts on what the value of legacy really means [25:33]

  • What the driving factors to sell a studio typically will be [36:27]

  • A few things that you can do right now to set yourself up for success in selling [41:21]

Quotes:

“Have policies and procedures that are written into the employee handbook that someone else can step in and take over and it doesn't revolve around you as an owner.” [Mitch, 4:31]

“Normally, we want to be years ahead of this, so your lease coming to an end can restrict the options that you have to sell more than anything else.” [Mitch, 6:38]

“Beauty is in the eye of the beholder. Worth is, how much is it worth to you and how much is it worth to a buyer who’s willing to write a cheque? That’s what determines value, really.” [Mitch, 22:34]

LINKS:

Learn More About Michael & Get Exclusive Offers from our Partners!

Mitch’s Website and Email

Connect with Mitch on Instagram

BizBuySell

Michael's Website and Podcast

Connect with Michael on Instagram

Episodes 219, 217, 215 & 115 with Michael

Send Megan Your Playlist or Discuss the Podcast Here!

fitDEGREE’s Business Portal

https://calendly.com/fitdegree/support

support@fitDEGREE.com

https://www.instagram.com/fitdegree/

​​https://www.instagram.com/fitspot_guru/

https://www.fitdegree.com/blog

  continue reading

270 つのエピソード

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