#121: How to Sell Your Small Business for Millions

Small Business Flight School launches in one week! Join waitlist to get an exclusive discount during launch week at SmallBusinessFlightSchool.com. Small Business Flight School is an elite, 6-month program for small business owners who want to double their revenue.   When you join Flight School, you get…   💥 Access to our 6-month video training series taught by Donald Miller to completely overhaul your business 💥 Actionable workbooks to help you optimize the 6 key parts of your business (Leadership, Marketing, Sales, Products, Operations, and Cash Flow) 💥 Weekly Q&A calls with our team of experienced small business experts  💥 Quarterly live coaching sessions from Donald Miller 💥 Lifetime access to the Flight School community, weekly Q&A calls, and quarterly coaching sessions    If you’re serious about implementing a plan to grow your business and revenue, Flight School is for you! Just to go SmallBusinessFlightSchool.com today.   —   Have you ever thought about selling your small business? If so, you’re probably wondering how to go about it and how much you could make for it. One thing is for certain: before you can sell your small business, it needs to be attractive to potential buyers. But how do you know exactly what buyers or investors are looking for?   In today’s episode, Donald Miller talks with Michael Arrieta, Founder and CEO of Garden City, an investment firm stacked with high-profile investors including Drew Brees, Tim Tebow, and Jeb Bush. Michael and his team buy small to medium-sized businesses, partnering with their management and team members to continue the company’s legacy and service. What are the 3 main things Michae’s team considers when buying a small business? 1) The team 2) The financials 3) The customer base. Tune in now to learn how you can get your small business into the kind of shape that could sell for millions!   Find out what next steps you can take to sell your business at SellYourSmallBusiness.com.   --   START IMPLEMENTING A 6-STEP PLAN TO GROW YOUR BUSINESS AT SmallBusinessFlightPlan.com   ORDER DON'S NEW BOOK "HOW TO GROW YOUR SMALL BUSINESS": GrowYourSmallBusiness.com   SUBMIT FOR YOUR CHANCE TO GET COACHED ON THE PODCAST: BusinessMadeSimple.com/Podcast    FIND AND FOLLOW US ON INSTAGRAM: Instagram.com/BusinessMadeSimple