Exit Rich: The 6 P Method to Sell Your Business for Huge Profit by Michelle Seiler Tucker (PDF)

Description

Wallstreet Journal Bestseller & USA Today Bestseller2022 IBPA Benjamin Franklin Award Silver Medalist in Business & CareerToo many entrepreneurs push off planning for the sale of their business until the last moment. But for a business to sell for what it’s really worth—or even more—owners need to prepare for the sale from the very start.In Exit Rich, author and mergers and acquisitions authority Michelle Seiler Tucker joins forces with Sharon Lechter, finance expert and author of Rich Dad Poor Dad, to create a must-have guide for all business owners—whether they’re gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future.Seiler Tucker’s twofold approach to selling your business for maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: the “ST GPS Exit Model” to help business owners set goals for the sale before their business hit the market, and the “6 P Method” to help them objectively evaluate their business’s worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself.Throughout the book, Sharon Lechter’s wisdom peppers each chapter in the “Mentoring Corner” section, providing forward-thinking entrepreneurs with the perspective that they need to take control of their business’s future and exit rich.This book is a rich resource for any business owner looking to:• Objectively evaluate their business before a sale• Improve their chances of finding the right buyer• Sell their business for maximum profit

User’s Reviews

Reviews from Amazon users which were colected at the time this book was published on the website:

⭐All businesses can be sold for the highest possible price, IF the owner understands how to position that company and its assets for sale. No one I know of understands this process better than Michelle Seiler Tucker, having been one of the top business brokers in this industry for decades.Exit Rich is a literal blueprint of what you have to do to prepare a business for sale. It lays out, step by step, everything you much pay attention to in order to get the highest value possible. Beyond the steps, the processes, and the exact conditions required, she also goes deep into the psychology of why buyers buy businesses, how to make sure you appeal to their greatest desires and even what your internal office should look like when buyers come to tour the company.Her deep experience shines through at every level and her sage and logical advice demands you pay attention or risk leaving a fortune on the table.Buy this book and use it to start making a list of everything you need to do before you even consider valuing your company, then when you completed the list, go over it again and make sure you covered everything. This book is like a $25K consult in a box, don’t let your largest asset lose any more value, start now and maybe in the next six months, you will be ready to speak to Michelle’s company or another business broker and start marketing your company.A great read, a powerful tool set, I wish I had this when I sold my first company 28 years ago!

⭐I am personally a multi-business owner as well as a Franchise Consultant. I purchased this book for my father who I just went into business with and ended up reading it before him. This book really spoke to me and is a must-read for any business owner that plans to sell their business someday. It gives you the exact outline as to how to prepare your business to be sold for maximum value. This was a fantastic read!

⭐There is no question after reading this book, Sharon Lechter, is a financial guru with multiple years of experience in finance and business. If you want to learn how to monetize successfully, you need this book!

⭐Well written and full of useful information. Selling your business–you should read this. Growing your business–definitely read this. The title says it all.

⭐This Book is Amazing ‼️ Great read with so much valuable information

⭐This book offers much more than just an exit plan for selling your business. This really is a thorough guide to building scalable processes, and thinking like a growth-oriented founder. I’ve put these practices into action myself and have already seen the benefit and how much faster my business is scaling because of following the methods and lessons in the book. Michelle and Sharon have proven track records. It shows in how the y approach things. I have definitely recommend this book and look forward seeing more folks gain from using it to help their own businesses.

⭐A great blueprint for ensuring value maximization from any organization, and how to control and communicate that value properly (and simply!) at the highest level of transaction – businesses themselves. The 6P method is a tool that any entrepreneur, executive, or really any other business stakeholder should be using to align priorities and focus. I watch startups sputter and fail all the time, just as I see plenty “right-sized” businesses hit plateaus – both groups always wonder what’s wrong or went wrong… I can confidently say the solution to those problems and barriers ahead of time is in this book. Will be coming back to this one plenty.

⭐When starting a business, most entrepreneurs spend a lot of time and energy studying the feasibility of the project and often develop a detailed business plan. Very few give a passing thought to how they will exit the business. Most feel the time to develop an exit strategy is when they are ready to actually exit the business. This results in far too many entrepreneurs building a business which traps them, one where a successful exit is difficult if not impossible. If you are just starting or have a well established business, you would be doing yourself a big favor to read Exit Rich – the 6 P Method to Sell Your Business for Huge Profit.Author Michelle Seiler Tucker with Sharon Lechter, contributing author have written a comprehensive guide for the entrepreneur to build a business which not only provided a good lifestyle but also builds a salable asset.The core of the book is the 6 P method. The key ingredients any business must master for that business to be attractive to a buyer. The 6 P stands for People, Product, Process, Proprietary, Patrons and Profits. You need all these components operating at peak efficiency to sale the business for top dollar.In addition to the 6 P Method, the authors walk the reader through the sales process primarily from the buyers point of view. They discuss the different types of buyers and their motivation. As a business owner looking to sell your business, you must understand the dynamics of the process so you can position the business in the most attractive light.They also hit on one of the most common mistakes made by business owners – poor records. Accounting records matter. Buyers will not take your word for how profitable the business is – they want to see real data.This book gives a very realistic picture of what is involved in selling a business. Most businesses do not sell for cash, often the owner must finance a large percent of the sales price. This book lays out the facts of life. Know and understand them so you can be realistic when going to the market.There is also a Mentor’s Corner at the end of each chapter where nuggets of information are shared.

⭐I have owned and exited several businesses. I heard about this book on a podcast and boy was I happy I clicked over and downloaded it. This book is the recipe, no wait, the whole cookbook for prepping your business for a solid exit. There were plenty of tips I was proud to say I had checked off the list and a few that really needed addressing. It really does give you a formula for how to prepare your business to be sold for maximum value.

Keywords

Free Download Exit Rich: The 6 P Method to Sell Your Business for Huge Profit in PDF format
Exit Rich: The 6 P Method to Sell Your Business for Huge Profit PDF Free Download
Download Exit Rich: The 6 P Method to Sell Your Business for Huge Profit 2021 PDF Free
Exit Rich: The 6 P Method to Sell Your Business for Huge Profit 2021 PDF Free Download
Download Exit Rich: The 6 P Method to Sell Your Business for Huge Profit PDF
Free Download Ebook Exit Rich: The 6 P Method to Sell Your Business for Huge Profit