Prepare to Sell, Franchise, or Expand: Four Areas That Need to be Under Control | Episode 57

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Episode Summary:

What do you need to have in place to have a solid business? What would you need to have in place should you decide to sell your business?

But I’ll never sell! This is my passion!

Never say never. Sometimes opportunities present themselves out of nowhere or situations arise, and you never know when you may need to pivot.

There are four key areas that ALL shop owners need to have organized and under control. Today we are discussing your finances, systems, reputation, and growing your customer list. All of these are avenues to being able to sell, franchise, or expand your business.

Making sure these KEY foundational systems are in place will demonstrate professionalism, show growth, and bring bigger opportunities your way. It will also give you total control by understanding the back end of your business and proving that it is viable and healthy.

So grab your coffee and a pencil and take some serious notes on how to be a true CEO and prepare for any opportunities that may arise!

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A quote for you to take away…

You want your retail business to be in a good, professional, viable, and healthy position at all times” – Wendy Batten

 

 

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This podcast is sponsored by my Retailer’s Inner Circle:

If you’re like many creative retailers I know, you’ve gone online for business information or support, but the info you find doesn’t apply to a physical brick-and-mortar store or a creative retail shop. You’re searching for help and answers because you’re heart-centered first, you’re worn out wearing ALL the hats, or maybe your marketing is a little messy.

You love your brick-and-mortar store but you feel it has taken over every aspect of your life!

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If you’re a heart centered shop owner wondering what to do next in your retail biz, this is your game plan!

It has my 7 key business foundations and action steps for you to put into action to grow your retail business and position your store as the go-to in your market.

WELCOME

Hi there! I'm Wendy Batten, and I'm obsessed with helping independent shop owners like you achieve success.

With over 20 years of experience as a small business owner, I've owned several retail businesses along the way including a cafe, two retail shops, and a studio (and even a tae kwon do studio), learning first-hand the art of juggling all the balls.

I now dedicate my time to coaching hundred of retailers all around the world, sharing my expertise to help them organize their businesses and maximize profits, paychecks, and JOY in their day-to-day lives.

I created the support, programs, and community that I wish I'd had.

Whether you've been in business for years or are just starting out with your brick-and-mortar venture, you've come to the right place.

If you're serious about your business and ready to stop winging it, I'm here to inspire and guide you toward success.

I'm so happy you're here, and I can't wait to support you on your journey to thriving in the world of retail!

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