​​E3: The Fundamentals of Selling a Service-Based Business with Business Broker Kate Vriner [Exit Planning]

In my interview with business broker, Kate Vriner, we have a step-by-step conversation about selling a service-based business. We followed the path of a hypothetical woman who starts a lifestyle business to provide income and flexibility to one who makes the mindset and operational shifts required to create a saleable business. 

In this episode, we’ll cover:

• How robust the current acquisitions market is. 
• Since I’m one of those lawyers who loves numbers, we dove into EBITDA, cash flow, financing and earn outs. 
• Of course, we talked about when you should start preparing your business for exit.
• And no conversation about selling a business would be complete without a peek at the due diligence process.

Kate Vriner is the Vice-President and Senior Broker at Sunbelt Business Advisors of Southwest Ohio. Not only is Kate a certified business intermediary (CBI), but she is also a certified exit planning advisor (CEPA). She has a passion for working with business owners preparing their businesses for sale, as well as selling their businesses. Kate wants to make sure that business owners are set up for success.

Connect with Kate:

http://www.sunbeltnetwork.com/dayton-oh

https://www.linkedin.com/in/kate-vriner-cbi-06b2b0b/

Kate is offering a free business assessment for the first 10 listeners that email and let her know they heard about her through the Hourly to Exit podcast.

We would love you to consider supporting Kate’s favorite charity: https://www.everybodyplaysohio.com/

Connect with Erin and find the resources mentioned in this episode at hourlytoexit.com/podcast.

Music credit: Yes She Can by Tiny Music

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