The SmallBizChat with Melinda Emerson

What You Need To Know If You Want To Sell Your Business with Melinda Emerson

30 min · 6. touko 2026
jakson What You Need To Know If You Want To Sell Your Business with Melinda Emerson kansikuva

Kuvaus

In this episode, Melinda Emerson explores the intricacies of selling a business, starting with the impact of positive reviews and word of mouth. She discusses the importance of mergers and acquisitions in building a lasting enterprise and outlines crucial questions to ask before selling. Melinda emphasizes the need for a well-planned exit timeline and setting financial goals. She delves into sale price considerations, earnouts, and ensuring operational independence. The episode also covers maintaining accurate financials, creating diversified revenue streams, and evaluating company culture and leadership. Melinda concludes with legal housekeeping and preparing for due diligence. (0:00) Introduction, podcast overview, and episode topic (1:34) The power of positive reviews and word of mouth (2:10) Mergers, acquisitions, and building a lasting business (3:38) Key questions to ask before selling your business (4:06) Planning your exit timeline (5:35) Setting financial goals and understanding sale proceeds (6:53) Sale price and legacy considerations (7:49) Earnouts: what they are and their benefits (9:38) Ensuring your business can operate without you (11:19) Delegating authority and operational independence (13:35) Maintaining clean and accurate financials (16:29) Creating predictable, diversified revenue and defendable margins (19:41) Evaluating people, company culture, and leadership (22:00) Legal and operational housekeeping (24:08) Preparing due diligence documents and financial strategy (29:18) Melinda’s contact information for business selling advice (29:42) Closing remarks and next episode teaser

Kommentit

0

Ole ensimmäinen kommentoija

Rekisteröidy nyt ja liity The SmallBizChat with Melinda Emerson-yhteisöön!

Aloita maksutta

14 vrk ilmainen kokeilu

Kokeilun jälkeen 7,99 € / kuukausi. · Peru milloin tahansa

  • Podimon podcastit
  • 20 kuunteluaikaa / kuukausi
  • Lataa offline-käyttöön

Kaikki jaksot

356 jaksot

jakson America at 250: Mary Katherine Goddard - America's First Woman Publisher kansikuva

America at 250: Mary Katherine Goddard - America's First Woman Publisher

In this episode, Melinda Emerson continues the America 250 series by spotlighting Mary Katharine Goddard, a pioneering figure in American history. The discussion begins with an overview of Goddard's early life and her significant contributions as a printer and distributor of the Declaration of Independence. Melinda examines Goddard's role as a postmaster and the enduring legacy she left in the realm of entrepreneurship. (0:00) Podcast Introduction and America 250 Series Overview (1:36) Story and Early Life of Mary Katharine Goddard (3:15) Goddard’s Contributions as a Printer and Distributor of the Declaration of Independence (5:07) Goddard as Postmaster and Her Legacy (7:38) Reflections on Entrepreneurial Impact and Closing Remarks

22. heinä 20269 min
jakson America at 250: Frederick Douglass - The Power of Owning Your Voice kansikuva

America at 250: Frederick Douglass - The Power of Owning Your Voice

In this episode of The SmallBizChat, Melinda Emerson highlights Frederick Douglass's remarkable entrepreneurial journey as part of the America 250 series. The discussion delves into Douglass's early life, his escape from slavery, and his rise as a prominent public speaker. Melinda explores Douglass's founding of The North Star newspaper, emphasizing his pursuit of financial independence and mission-driven entrepreneurship. (0:00) Introduction, podcast mission, and America 250 series (1:29) Frederick Douglass's entrepreneurial journey and early life (4:02) Escape from slavery, early career, and rise as a public speaker (7:06) Founding of The North Star newspaper (9:18) Financial independence and mission-driven entrepreneurship (11:34) Five entrepreneurial lessons from Frederick Douglass (13:49) Frederick Douglass's legacy and closing remarks

15. heinä 202615 min
jakson America at 250: James Forten - America’s First Black Millionaire kansikuva

America at 250: James Forten - America’s First Black Millionaire

In this episode, Melinda Emerson introduces a special series spotlighting historical entrepreneurs, focusing on James Forten. The discussion highlights Forten's early life and challenges, his significant role in the American Revolution, and his innovative contributions to sail making. Melinda delves into Forten's acquisition of the sail loft and his approach to building a skilled workforce. The episode also explores his philanthropic efforts and family legacy. (0:00) Introduction, podcast overview, and special series announcement (1:42) Focus on James Forten: early life and challenges (4:30) James Forten's role in the American Revolution (5:32) Innovation in sail making and entrepreneurship (7:25) Acquisition of the sail loft and building a competent workforce (10:31) Philanthropic efforts and family legacy (12:54) Five entrepreneurial lessons from James Forten (15:48) Closing remarks, call to action, and next episode teaser

8. heinä 202617 min
jakson America at 250: Benjamin Franklin - America's First Great Entrepreneur kansikuva

America at 250: Benjamin Franklin - America's First Great Entrepreneur

In this episode, Melinda Emerson delves into a special series spotlighting notable entrepreneurs, with a focus on Ben Franklin as America's first mega entrepreneur. The discussion covers Franklin's early life, self-learning, and his move to Philadelphia, highlighting his printing career and the acquisition of the Pennsylvania Gazette. Melinda explores the creation and impact of Poor Richard's Almanac and Franklin's innovative business model, including his approach to franchising. The episode also examines Franklin's contributions to public institutions and key entrepreneurial lessons that can inspire today's small business owners. (0:00) Introduction and overview of the episode (1:52) About the special series and entrepreneur selection criteria (2:30) Spotlight on Ben Franklin as America's first mega entrepreneur (3:17) Ben Franklin's early life, education, and self-learning (5:12) Early printing career and move to Philadelphia (8:53) Acquisition and growth of the Pennsylvania Gazette (10:17) The creation and impact of Poor Richard's Almanac (12:19) Franklin's scalable business model and franchising (13:23) Contributions to public institutions and community (16:02) Key entrepreneurial lessons from Ben Franklin (18:49) Conclusion and subscription reminder (19:31) Closing remarks and credits

1. heinä 202620 min
jakson How to Use Social Ecosystems to Build Your Business with Terry James kansikuva

How to Use Social Ecosystems to Build Your Business with Terry James

In this episode, Melinda Emerson is joined by Terry James, who shares his entrepreneurial journey and insights on the impact of social media on loneliness and consumer behavior. Terry provides an overview of his ventures, OffLeashed and Nibble and Wag, emphasizing the importance of listening to customers. The discussion explores the distinction between building an audience and fostering a community, and how to balance community engagement with innovation. Terry James, Founder and CEO of Offleash'd and Nibble & Wag. Terry is on a mission to transform modern pet ownership through technology, wellness, and community. Through Offleash'd, he's building an AI-powered social ecosystem that helps pet parents connect both online and in real life. Through Nibble & Wag, he's tackling another important challenge: making healthier, premium pet nutrition affordable and accessible for everyday families. For more information: https://nibbleandwag.com [https://nibbleandwag.com] (0:00) Introduction, subscribing, and podcast mission (0:58) Introduction of guest Terry James and background (3:14) Terry James' entrepreneurial journey (5:27) Impact of social media on loneliness and consumer behavior (7:13) Overview of OffLeashed (9:08) Introduction and development of Nibble and Wag (10:32) Importance of listening to customers (16:50) Building an audience vs building a community (19:14) Balancing community with innovation (22:36) Advice for small business owners (24:11) Best business advice received (25:57) Purposeful and intentional actions in business (26:31) Thanking the guest and promoting guest's business (28:26) Closing remarks, inspirational quote, and next episode teaser

24. kesä 202629 min