Hello everyone, and welcome to the Coaching & Consulting Insights Series on the Success InSight Podcast.
The Coaching & Consulting Insights series introduces you to coaches and consultants that work with leaders, entrepreneurs, and business owners to create their best life and achieve and perform at their full potential.
Our guest today is Larry Goldstein
Larry is the author of Make Me An Offer: A Guidebook for Small Business Buyers and Sellers, and he is a Business Broker at First Choice Business Brokers Las Vegas.
When I owned my business, I really learned the concept. Of Trusted Advisors, and whether a person is looking to sell their business or buy a business, to do it themselves is almost a fool's undertaking. I’ve got to say, I used an organization. I participated in their training and their mentorship here in Las Vegas, called, SCORE, which is a nonprofit that is associated with the Small Business Administration.
And that began my learning process. At that same time when I really started to narrow in, I brought my wealth manager and his expertise into the process. And when I was looking at businesses, I engaged the services of a business attorney because I was being handed not so much concerned about non-disclosures, but I was starting to be handed contracts and other things that I knew I was going to have to deal with.
And so the insight to go, that I would tell anybody entering or trying to exit a business, is to form your team of trusted advisors. They don't necessarily have to be on a fee basis. There are industry organizations of people with experience who have been through the buying or the selling and acquiring other businesses.
So whether it's people in the construction industry, people in the health industry, there are in every single city, there are industry organizations and business organizations. Go, join participate, listen to the speakers, ask questions, do your reading, and form your own group of trusted advisors. These people be invaluable to you as you go through the process.
To learn more about Larry and his work, visit his website at https://bizbrokernevada.com
You can also visit Larry on the following social sites:
To learn more about SCORE, the largest network of free volunteer small business mentors in the nation, visit their website at https://www.score.org/. No matter what stage your business is at SCORE has a mentor for you. Easily request a mentor to help you start, grow, or transition your business today.
Success InSight is a production of Fox Coaching, Inc.