Building a Sellable Business: Part 4 of 5

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Is it possible to use leverage to sell your business? It certainly is—if you know what you’re doing. Leverage is all about getting good, strong positive results that aren’t dependent completely on you, as the business owner. Recently, I sat down with Matt Inglot of Freelance Transformation for an interview on his podcast to discuss the little gremlin that creeps into your business – the one that makes the money you earn directly tied to how many hours you work. Matt and I talk about the importance of leverage and sustainability in your business when you’re building to sell—but sadly, none of this happens automatically.

Over the next few weeks, I’ll share a few of my favorite snippets of our hour long interview where I answer important questions for business owners.

When you know it’s time to delegate, you know you need to hire a team. But where do you begin? What are the first steps?

In this segment, I share the 5 steps from my IDEAL Hiring Process direct from my Business Strong program. I answer questions such as the best time to hire someone, how to do the due diligence, how to determine what to delegate and how to evaluate whether you need someone on-site, full-time, part-time or virtual. I also share about the problems I’ve seen as an attorney working with small businesses – and how to avoid them.

You can listen to the entire Freelance Transformation here: https://freelancetransformation.com/blog/leverage-your-time-as-a-freelancer-with-nina-kaufman

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