Wednesday, May 20, 2020

Tyler Tysdal and Robert Hirsch talks about the Strategies for Getting Your Company Ready to Sell

Tyler Tysdal and Robert Hirsch Discuss Perfect Time to Sell A Business

Watch the video or listen to Robert Hirsch in the Podcast.

Contact Freedom Factory

Freedom Factory
5500 Greenwood Plaza Blvd., Ste 230
Greenwood Village, CO 80111
Phone: 844-MAX-VALUE (844-629-8258)
https://www.freedomfactory.com/
Freedom Factory

Freedom Factory Managing Partners

Tyler Tysdal

Tyler Tysdal, Managing Director, Freedom Factory

Robert Hirsch

Entrepreneur, Investor, Speaker, Artist

Visit His Website

Recent News

Expert Business Broker Robert Hirsch Gives Tips on The Perfect Time to Sell A Business

Robert HirschSelling a business requires a great deal of timing. Business owners should know the right time to sell a business, and it can only be determined by factoring in the art and science behind it. There are fundamental questions to reflect on, according to Robert Hirsch, such as ‘Am I here? Am I clear? Am I really into my business? Am I serving my corporation, or does my business serve me?’

A business should be a vehicle to time and financial freedom. Business is thriving when a business owner is not tied in it; when a business owner gets to enjoy time and financial freedom with minimal efforts. Tyler Tysdal, the co-founder of Freedom Factory, defines freedom as doing what you want when you want, with whom you wish to, and as often as you wish. If the business does not define the kind of freedom mentioned above, then it is not yet high time to sell it. Selling it prematurely won’t increase its sale value.
Read more…

Prepare Your Company To Be Ready to Sell Using the Strategies of Seasoned Entrepreneurs

Robert HirschOne of the many questions that come to mind when trying to sell a business is, ‘how to get the company ready to sell?’ selling a business can be done in many ways. However, business experts Robert Hirsch and Tyler Tysdal stress the importance of knowing if it is the right time to sell and whether a person is operating a business or a job.

However, knowing whether a business is indeed a business or a job can be a tricky thing. Robert Hirsch of Freedom Factory said that “do not show up for a week or so and watch how the business performs.” If the income remains the same, or the business increased in revenue, then that is a business. If the company didn’t perform well, then that’s a job right there.
Read more…

 

Check out this episode with Tyler Tysdal and Robert Hirsch

from Blogger http://tylertysdalbusinessbroker.blogspot.com/2020/05/tyler-tysdal-and-robert-hirsch-talks.html



from
https://tylertysdalbusinessbroker.wordpress.com/2020/05/20/tyler-tysdal-and-robert-hirsch-talks-about-the-strategies-for-getting-your-company-ready-to-sell/

Tyler Tysdal and Robert Hirsch speaks about the Strategies for Getting Your Company Ready to Offer

Tyler Tysdal and Robert Hirsch Discuss Perfect Time to Sell A
Business

Watch the video or listen to Robert Hirsch in the Podcast.

Contact Freedom Factory

Freedom Factory
5500 Greenwood Plaza Blvd., Ste 230
Greenwood Village, CO 80111
Phone: 844-MAX-VALUE (844-629-8258)
https://www.freedomfactory.com/
Freedom
Factory

Freedom Factory Managing Partners

Tyler Tysdal

Tyler Tysdal,
Managing Director, Freedom Factory

Robert Hirsch

Entrepreneur, Investor, Speaker, Artist

Visit His Website

Recent News

Expert Business Broker Robert Hirsch Gives Tips on The
Perfect Time to Sell A Business

Robert HirschSelling a business
requires a great deal of timing. Business owners should know the
right time to sell a business, and it can only be determined by
factoring in the art and science behind it. There are fundamental
questions to reflect on, according to Robert Hirsch, such as ‘Am I
here? Am I clear? Am I really into my business? Am I serving my
corporation, or does my business serve me?’

A business should be a vehicle to time and financial freedom.
Business is thriving when a business owner is not tied in it; when
a business owner gets to enjoy time and financial freedom with
minimal efforts. Tyler
Tysdal
, the co-founder of Freedom Factory, defines freedom as
doing what you want when you want, with whom you wish to, and as
often as you wish. If the business does not define the kind of
freedom mentioned above, then it is not yet high time to sell it.
Selling it prematurely won’t increase its sale value.

Read more…

Prepare Your Company To Be Ready to Sell Using the
Strategies of Seasoned Entrepreneurs

Robert HirschOne of the many
questions that come to mind when trying to sell a business is, ‘how
to get the company ready to sell?’ selling a business can be done
in many ways. However, business experts Robert Hirsch and Tyler Tysdal stress
the importance of knowing if it is the right time to sell and
whether a person is operating a business or a job.

However, knowing whether a business is indeed a business or a
job can be a tricky thing. Robert Hirsch of Freedom Factory said
that “do not show up for a week or so and watch how the business
performs.” If the income remains the same, or the business
increased in revenue, then that is a business. If the company
didn’t perform well, then that’s a job right there.

Read more…

 




from
https://tylertysdalbusinessbroker.wordpress.com/2020/05/20/tyler-tysdal-and-robert-hirsch-speaks-about-the-strategies-for-getting-your-company-ready-to-offer/

When Should I Tell Employees if I am Thinking About Selling

Today’s episode of the podcast, Robert Hirsch from Freedom Factory discusses “When Should I Tell Employees if I am Thinking About Selling”.

 

Listen to the podcast, watch the video, or read the transcript below.

Additional Videos From Freedom Factory

Strategies for Getting Your Company Ready to Sell

How are Brokers Different from Investment Bankers?

 

Transcript of Podcast

Robert Hirsch business broker from Freedom Factory

Hi, Robert Hirsch from Freedom Factory again. I just had a really interesting email from one of my clients, and long story short, rumors got out among their employees that they were selling the company and he chose not to share that with his team and now it’s created some problems for him.

And so I wanted to talk to you today about whether you should tell your employees that you’re thinking of selling your company or not. To me, when I sell one of my companies or my advice on it, it’s always honesty and transparency is the best policy. That’s easy to say and hard to do and you understand the culture at your company and whether you want to have an all hands meeting, whether you want to have an email, whether you want to discuss it. I love talking to our employees about it in a place that’s face to face where it gives them the opportunity to talk to me and it gives me the opportunity to comfort them. Depending on the structure of your company, I usually have bonuses or incentives when the company sells, and as an entrepreneur, there’s this really important lesson that I learned along the way.

It’s, there’s no fun winning when there’s nobody to high five, and if you’re the only one that wins in the sale of your company and all your employees and the teammates and the people that have given the years of their life are worried or concerned about what they’re going to do next often you can create a structure that makes it, that everybody wins and everybody celebrates together and, and perhaps, some of your core team is going to want to come with you. Perhaps they transition with the company. Most of the time when a company is acquired, they’re going to want to keep the team in place for the continuity.

So ultimately, how you choose to address this question is up to you and it’s up to your corporate culture. But often I’ll tell a few key members early and the people that are going to help me in the transition, but rumors are unavoidable, and if you don’t talk to your team about it, and then the rumors are going to start coming and then it’s going to come back to bite you like it just bit my client in the behind and I like to get out in front of it early. I think honest and transparency and creating a game worth winning for everybody is a whole heck of a lot of fun. In that way when you win, you in with everybody. If you have any questions about how to disclose it or what that looks like, just give us a call at Freedom Factory.

 

Please hit like and subscribe and thank you so much for watching.

 

Contact Freedom Factory

Freedom Factory
5500 Greenwood Plaza Blvd., Ste 230
Greenwood Village, CO 80111 Phone: 844-MAX-VALUE (844-629-8258)
https://www.freedomfactory.com/
https://g.page/freedom-factory-denver

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About Tyler Tysdal

Check out Tyler Tysdal and Robert Hirsch from Freedom Factory

from Blogger http://tylertysdalbusinessbroker.blogspot.com/2020/05/when-should-i-tell-employees-if-i-am.html



from
https://tylertysdalbusinessbroker.wordpress.com/2020/05/20/when-should-i-tell-employees-if-i-am-thinking-about-selling/