Ep 071: Are You Ready To Exit Your Business? w/ JT Kraai
Are you looking to exit your business any time soon? Do you think that you should get ready to sell your business only when it's time to retire? Do you think preparing for an exit isn't something you have to think about until you ready to sell? If you answered yes to any of those questions, catch up with episode 071 of the Restoration Domination Podcast with your host Rico Garcia Jr and special guest JT Kraai from Exit Strategies 360 where they discuss all of the misconceptions that put you at risk for being "unsellable" or not getting the pricing you deserve.
What We Talk About
- Who is JT
- Exiting a business
- An Attractive Business
- Current Market
- When the Consultant Comes In
- Time and Revenue Goals
- Specialize vs Diversify
- Profit Margins
- Where Should You Be Financially
- Geographic Range
- Multiple Locations
- Involved vs Removed Owners
- The Exit Process
- The Consultation Process
- Ugly Duckling Cases
- Why Should You Sell
- Mentality of Selling
- Minimizing Risk
- Questions to Ask
- Books
Biggest Takeaways
- Build it as if You Wanted to Sell It
- Understand that there are different reasons for you to want to sell your business later
- A business that is Sellable is a better business to have and manage than one that's not
Find our Guest
- Website: www.ExitStrategies360.com
- Personal LinkedIn: https://www.linkedin.com/in/jt-kraai-52b40018/
- Phone Number:
503-577-5649
Your Guest's Personal Bio
JT Kraai is president of Exit Strategies 360, specializing nationwide in valuations, sales and transitions for the restoration industry & related vertical markets. Serving exceptional restoration companies nationwide, he can be reached 100% confidentially at 503.577.5649 (call or text) or jt@exitstrategies360.com.
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