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Topics: exit strategy, you are not your business, value your worth, women entrepreneurs, woman entrepreneur, business owner
Starting a business is a great adventure for every entrepreneur. Sometimes one experiences the thrills of victory, but at other times the agony of defeat. The determined entrepreneur picks herself up again and again, implementing lessons learned, and ventures onward....the question is to what end?
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Topics: exit strategy, women entrepreneurs, woman entrepreneur, wome's business
The big question with women's businesses today is what do women entrepreneurs want? Besides the obvious -- women want to be taken seriously! Women want to succeed! Women want to live the American dream! Women want to be all that they can be! Women want what men want -- gender in business has no boundaries! We all want to believe that all things are possible ----and I can tell you they are! All things are possible regardless of your gender -- BUT - without a plan NOTHING is possible... so what's in your plan?
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Topics: exit strategy, women entrepreneurs, women in business
Entrepreneurs tend to have an unrealistic idea of how much their business is worth. In order to be a successful entrepreneur one needs to be idealistic and optimistic and believe that at any moment the business will grow to the moon. The truth is every business has a history of income and expenses and a story of what is happening now. Buyers don't, and won't pay, for pie in the sky. Buyers pay for assets and the bottom line.
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Topics: exit strategy, entrepreneur, small business
Starting a business is much easier than selling a business. An entrepreneur with a good idea with staying power and who is well funded can be successful. Having a business plan that maps out what product/service is being sold, who will buy it, what will they pay for it, how will the customers find out about it and what will it cost is only the beginning. It is even more important to create the plan for the exit: when is it time to sell, who will be the buyer and what is the fair market value.
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Topics: small business owner, exit strategy, entrepreneur