We talk to Allan Bennett, a current client of Grow Or Sell My Business, who decided to sell his last business on his own. It’s a cautionary tale of handshake deals and making ‘nice’ decisions, and ultimately realising that just because you run a business, doesn’t mean you know how to sell one. We ask Alan how he’d do it differently, if he had his time again.

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In this ep with special guest Nick Walker of Walker Hill Chartered Accountants, we dig into who needs to be at the table and how to choose those people wisely—whether you’re selling your business or wishing to grow it. Who should be involved? What is the role of the accountant, and what type of accountant is right for the job? What other professionals should you bring into the discussion, and should you really go for that aggressive lawyer or business broker? How long might the sales process take —and how can you make it more efficient and cost-effective?

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What is an advisory board, and how do they differ from paid board positions? Why are these Boards of Advice so important for small and medium businesses, and how can you get the most out of them as a business owner? Should you chair them yourself, how should you prepare, and what are some of the big mistakes that business owners make with their advisory boards? Listen in to this highly informative chat with Ben Flintoff, Director of Operations for Gong Cha APAC and founder of Greensight Capital.

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