Should you close your business or should you sell?
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Description
In this episode, Kerrie discusses the option of selling your business instead of closing it. She shares the story of a friend who closed her e-commerce store and explains why she believes selling is a better option. Kerrie emphasizes the value of the assets and systems you have built in your business and how they can be attractive to potential buyers. She also provides resources for selling your business and encourages starting a business with the intent to sell. Kerrie concludes by discussing the benefits of selling starter businesses and reiterating the importance of owning your own platform.   Takeaways   Consider selling your business instead of closing it, as someone may be interested in buying it. Assets like social media accounts, email lists, and customer reviews can make your business attractive to buyers. Shopify is a valuable platform for selling your business, as you have control over your own website and traffic. Starting a business with the intent to sell can be a strategic approach. Flippa.com, BizBuySell, and EmpireFlippers.com are resources for selling your business. Selling starter businesses can be a lucrative opportunity. Work With Me: Grab my new book, Customer Obsession  1. Sign Up For A Website Redesign Website for you- done in a day! Learn more and to book your spot. Life’s too short for an ugly website https://www.kerriefitzgerald.com/websiteVIP    2.  Join waitlist for Cultish Product A 4-month group coaching program to help product-based brands reach cult-like status, increased visibility, more sales & gain die-hard loyal customers without an ounce of social media. Mentorship, Guest Experts, Trainings, Live Calls and so much more! Join waitlist Learn More   Free Guides & Resources For The Win: {Free Private Podcast} Create Your Cult Like Brand “Private Podcast” An 8-part audio series that walks you through how to create your cult brand Sign Up     Let’s Be Friends Follow Kerrie on Instagram Follow Ecommerce Society  on Instagram www.kerriefitzgerald.com   Chapters   00:00 Introduction 00:32 The Story of a Friend Closing Her E-commerce Store 01:53 The Option of Selling Your Business 04:21 Closing vs Selling Your Business 07:33 Selling Your Business on Shopify 10:16 Starting a Business with the Intent to Sell 14:46 Resources for Selling Your Business 17:00 Closing Your Business 19:16 Selling Starter Businesses 25:56 Closing Thoughts
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