Podcast: How to Avoid the Pitfalls of Selling Your Business – a conversation with Lorraine Pirihi by Denise Hall on Mixcloud

I had the pleasure of talking with Lorraine Pirihi, from Relaunch your Life, about what is involved in selling a business and why it is imperative to start the process early.

Yes, that old chestnut. Start with the end in mind, regardless of how old the business is!

There’s much to consider, but the main takeaways are:

  1. Formulate your “A” team
  2. Understand timelines
  3. Be prepared to invest in accessing the specific skills sets you need to help
  4. Get the business sale-ready
  5. Be really clear what you’re going to replace the business with in your life…

If this is a conversation you want to explore further, feel free to contact me on dhall@businessbrokers.com.au

A transcript of the interview is ready to download also…