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Business Ready For Sale

If you are a business owner this PodCast is for you! It's all about turning businesses into saleable assets. Because a business that's "ready for sale" is well worth keeping! On these podcasts there are interviews with successful business owners, entrepreneurs, topic experts, business valuers and brokers and thought leaders on all aspects of growing businesses and turning them in to valuable, saleable assets. My background is as a business owner, business broker and business owner mentor and I put all that experience together here to benefit other business owners. I believe you can build a business as if you are going to keep it for ever, but could sell it tomorrow. Give yourself OPTIONS because one day you WILL exit your business. Subscribe now and become a business owner taking action - which just happens to be the name of my business owner membership groups. Checkout my website at businessreadyforsale.com

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Business Ready For Sale

Selling and Buying Franchise Businesses - What You Need To Know

November 29, 2021 • John Denton • Season 1 • Episode 12

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If you are a franchisee then have you thought about how you will exit your franchise? Selling a franchise is more complicated than selling any other business. You need to think about how you are going to exit your franchise BEFORE you get in to it. When you entre into a franchise agreement, you are not buying a business - you are entering into an agreement for a 'term' to operate that business for the franchisor.

My guest on this podcast episode, Rajiv Rajan, is an experienced business broker who specialised in selling franchises for many years. He now sells any kind of 'good' business and this episode is equally relevant to non franchise businesses as well.

I am always telling people who are thinking of getting in to a franchise or starting their business, "Before you get in to it, or start it, know how you will get out of it!" Sadly many people don't take my advice and then down the track come to regret it.

Selling any business, franchise or not, can be a fantastic thing and the owner's (franchisee's) biggest pay day ever. But you need to know what you are doing and plan and prepare.

Never miss an episode and follow Business Ready For Sale on Apple Podcasts, Spotify, Stitcher or wherever you enjoy podcasts. My name is John Denton and you can find out more about what I do by checking out the links below:

As mentioned in the episode, if you'd like to get your business saleability score and tips on how to make your business more saleable and attractive to buyers, go to this link My Business Saleability Score

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