Welcome back to part two of the Downtown Den on tour with Glenville Walker.
Denise Walker and Joanna Sproson once again join Frank McKenna, and this time the conversation turns to what happens when you’re ready to grow, sell, or step back from your business.
They talk about scaling up with a sale in mind, why buyers pay top price for a business that’s tidy, diverse and well run, rather like a polished car on the forecourt.
Denise and Joanna share why getting your own ‘health check’ done early can uncover problems before a buyer does, and what can derail even the best deal.
They also get into the realities of having more than one shareholder, including a cautionary tale you won’t forget and demystify that phrase everyone uses but few plan for: succession.
Whatever stage your business is at, there’s something here for you.
