I’ve got a question for you….Is a sale ready company right for you?

When you hear the term sale ready, there’s a good chance you’re saying to yourself…I don’t need a sale ready company, I have no intention of selling.

The truth is - you do need a sale ready company, that is if you want to have a business that is satisfying to run and gives you the economic rewards you want.

 

The Sale Ready Company

Transcript

I have a question for you. Is a sale ready company right for you?

When you hear the term sale ready, there's a really good chance you're saying to yourself, "I don't need a sale ready company, I have no intention of selling."

The truth is, you do need a sale ready company, that is if you wanna have a business as satisfying to run. And gives you the economic rewards you want.

You see, being sale ready has almost nothing to do with selling your business. And it has everything to do with having a business you love.

Now, there are businesses where sale ready makes little sense. And those are small businesses, depend on the owner being there, could be a professional service company, or it could be a small construction company. And the owner has no interest in growing their business or getting it ready to sell.

You know, there are lots of businesses that fall into that category. And we'll cover those type of businesses in the future video. For now, we're gonna talk about why having a sale ready company is something that you need.

First, we have to answer the question, what is a sale ready company? Well, it's a company that others would wanna own. The others could be your children, your managers, or even someone from outside the company.

And at the same time, sale ready has nothing to do with selling. Yes, and I already said that, is something needs to be emphasized over and over and over again. Sale ready is a state for your business. It's not an action you have to take.

You know, the problem with lots of business owners, is that a sale ready company is something they aren't ready to do. And so one thing that you must do. And the reason is lots of owners aren't ready to become operationally free from their business. I hope that's not you, but there are lots of owners out there that fit into that world. And when I ask why I'm told by those owners, they don't know what to do.

So let me put that worry aside. You know, if you worried about not having something to do, if you become operation free from your business, I can promise you, that you're gonna find plenty of things to do. It just won't be in the day-to-day operations of your business.

You know, I know you still have problems with this. You're afraid. You might be afraid of mistakes your team members might make. You could be afraid your business will fall apart. Or, and this is a big one, you might be afraid you have no idea how to fill your time.

And the truth is these are all legitimate fears. I've been there and I understand the feelings that you have.

You know, back when I had my food service company, I had this great, big whiteboard in my office, and I would scribble all over that whiteboard no matter who was in my office, it was a supplier. I would scribble over about all the things they need to be doing, because I was smarter than them. It was my employees, my managers, I would be lecturing them about what they need to do to have their employees, I would tell them what to do. I wouldn't be asking. If it happen to be our frontline workers, well, then I would draw boxes and squares, and show them how smart I was.

And the truth was, I just wanted to feel like I was needed. I didn't like the idea of, if I was good at delegating, there wouldn't be anything for me to do. But as I got better at delegating, as I got better at learning that crucial skill, for creating a sale ready company, something happened. I had more fun.

So I've been there and I've done it. I've gone from I'm having a company where no one to want to own, to one that sold in weeks.

So here's something that is really true and kinda hard to believe. Creating a sale ready company is really easy, but it's not simple. Actually it's simple, but it's not easy. I always get that backwards for some reason. So here are three things you can do to start.

  1. Number one, understand that the eight steps to creating a sale ready company, you want to know what it is, the easiest way to do that? Buy my new book, "The Sale Ready Company", I go through all eight steps, in a nice story. And something that you would actually enjoy reading.

  2. Number two, find out where you are on the success path of creating a sale ready company. Well, if you buy my book, you get access to our free resource center. And in there, we have the success path for how you create a sell ready company.

  3. And number three, choose the next step to creating a sale ready company in your life. In other words, figure out where you are on the success path, and then go there and start working on making your company sale ready.

You know, this might be a hard thing to do by yourself. A short 20-minute call can help you know where you are in the path and what your next step should be. I'm happy to do it, I love doing these calls. So please take advantage of it.

So I would love to have a conversation with you about your sale ready company. Feel free contacting me at jpatrick@stage2planning.com That's with the number two, so we can set up a time to talk.

And in the meantime, if you're not ready to talk, buy new my newest book, "The Sale Ready Company". It's easy to get, and for the time being, it's for sale at 50% off. You can get the book at www.salreadycompany.com. Even if you aren't interested in creating a sale ready company, even if you don't even own a business, my guess is you're gonna enjoy the journey, the Aardvarks take. I've had lots of people who don't have businesses, they've told me how much they enjoyed the book. So my guess is you would too.

So finally, since you're already here, why don't you scroll down and let me know what you think about creating a sell ready company in your life.

Hey, this is Josh Patrick. You're at the Sustainable Business.

Thanks a lot for stopping by. I hope to see you back here really soon.

 

Topics: sale ready company, sale ready, companies that are sale ready, operational freedom, why a sale ready company, sale ready companies rock

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