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Introducing Amy Rose Herrick
- What problem do you solve?
- We’re going to work on building profit for you today.
- What three problems do you solve?
- I find out where your hidden profits are.
- Every business should be sellable every day of the year.
- If you’re thinking about selling a business, when should you start preparing the business for sale?
Show Notes:
- CPA’s function isn’t to dive into your business to see if you’re using your money correctly/incorrectly.
- Amy goes through every area of your business to find where you can get more profit.
- It’s not always about making more sales but about reducing waste.
- Amy has many courses for entrepreneurs.
- What is your return on investment?
- Just because you throw an ad out doesn’t mean that it’s going to make you money.
- Top-of-mind awareness can work but that doesn’t mean that you’re something someone will buy.
- Let other people sell something if you’re not making a net profit on it.
- You want to think of selling your business from the moment you start it.
- Have a package that shows the buyer what they’re getting.
- Even if you’re not willing to sell, look at why people are wanting to buy you.
- Just because you’re the only owner doesn’t mean you can’t have an exit strategy for unexpected circumstances.
- An exit strategy assure that the work you put in doesn’t evaporate or implode.
- There are many kinds of exit strategies.
- You need a non-disclosure statement when attempting to sell.
Amy Rose Herrick’s Recharge Round
- What habit do you think has led to success in your life? She engages professionals to expand her knowledge base. You can always learn more.
- If you had one do-over, what would it be? She wishes she would have exited some of her affiliations sooner so that she could’ve embraced social media sooner.
Connect with Amy:
Amy’s website: thesecretprofits.com/courses
7 Ways Entrepreneurs Can Increase Your Bottom Line 10 to 100K This Year: https://www.thesecretprofits.com/
Learn more about Gary’s Mastermind group at goascend.biz/mastermind/