How is Selling Your Business Like Franchising?

Posted on January 19, 2022 by Joseph Worth

Anything a business owner does to systemize their business to make it ready to franchise will help it even if it does not franchise. This is one of the valuable ideas in a recent podcast by Josh Patrick interviewing Neel Parekh of MaidThis. Find the podcast here.

I have been advising business owners for years to take many steps to make their businesses more valuable, more saleable, and less risky. Creating and implementing systems is one of them. A few of the others are:

  • Increasing and diversifying revenues (DOH!)
  • Strengthening your management team
  • Improving and documenting processes

You can learn more about increasing company value – either for selling or for yourself – here. Or reach out to schedule a complimentary discussion.

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