Rob Welke is a Business Evolution Consultant for ProACTv Business Solutions Inc. He works with business owners to prepare their business for a successful exit. His team helps companies use a strategic approach to maximize the value of their business before succession or sale. Utilizing a Value Builder System and a proprietary MExit (Maximize the Value of your Exit) framework, Rob helps entrepreneurs and business owners build long-term sustainable value and create an exit strategy that works for them and their company.
Today, Rob joins me to explore the concept of planning your exit and why transition strategies are essential for any business. He reveals why you need to have your business ready to sell at any time and how long it takes to complete a business sale. He explains transition or succession planning and how he helps clients get ready to leave their business. Rob also divulges the many opportunities available to business coaches in the business transition sector and how you can learn these skills to help your clients.
“Having your business ready to sell at any point in time actually mitigates all the risks associated with the deal falling apart or no deal occurring .” - Rob Welke
This week on Profit for Coaches:
- Why you need to have your business ready to sell and prepared for your exit at any time
- How long it takes to complete the sale of your business
- What is business transition or succession planning
- What Rob does to help people get ready to exit their business
- The FREE eBook you can access today!
Resources Mentioned:
- Episode 43 - What’s Your Exit?
- Book: The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas Stanley
Our Favorite Quotes:
- “Two reasons that businesses sell right now are an unsolicited offer from a third party that comes unexpectedly, and a health crisis that the owner is suffering from.” - Rob Welke
- “It’s usually an 8 to 10-year timeframe to fully prepare a business for sale, and many business owners just don’t know that.” - Rob Welke
- “If you think your business is your baby, it’s never going to grow up.” - Rob Welke
Connect with Rob Welke:
- ProACTv Business Solutions Inc.
- ProACTv Business Solutions Inc. on LinkedIn
- ProACTv Business Solutions Inc. on Facebook
- Rob Welke on LinkedIn
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