Business Owner Prepares for Exit with Andrew Cristin
Do you want to grow your business and exit on your terms? Andrew Cristin is sharing the solution so that you can achieve that result. The main framework shared in this story is the importance of having a clear process and system in place, as well as knowing your niche market.
Andrew Cristin has been involved in a growing business and exited without the golden handshake or earn-out. He set it up, built it up to a million pounds in profit, and sold it within five years.
In this episode you will learn:
1. The importance of having a key player who has done it before, in terms of business growth and exit
2. The benefits of having systems and processes in place, including training and documentation
3. The journey of selling a business, from initial conversation to due diligence to finalizing the contract