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271: How to Exit Your Business In Record Time with Christine McDannell
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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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