Scale Your SaaS 170: What to Know Before Selling Your Business - with Thomas Smale
EPISODE SUMMARY
In this episode, Thomas Smale talks about how his company helps buyers and sellers of businesses with SaaS-Story in the Making host, Matt Wolach. He highlights the importance of working with an expert when undergoing the processes, how software company leaders can set up their businesses to look great to potential buyers, and shares advice about what owners can do to make sure a potential buyer grabs the opportunity to acquire their business.
PODCAST-AT-A-GLANCE
Podcast: SaaS-Story in the Making
Episode: Episode 170, What to Know Before Selling Your Business
Host: Matt Wolach, a B2B SaaS sales coach, Entrepreneur, and Investor.
Guest: Thomas Smale, CEO of FE International Inc.
TOP TIPS FROM THIS EPISODE
- Allot Time and Effort To Exiting
- Always Work with an Expert
- Good Businesses Attract Good Acquirers
EPISODE HIGHLIGHTS
- The Journey from Building to Selling
- How to be a Sellable Business
- Best Time to Sell Your Business
TOP QUOTES
Thomas Smale
[17:40] "If you build a business in any industry, as long as it's profitable, growing, the product is good and has a possibility of being around for a long time, then there's going to be acquirers interested."
[27:24] "You never know when the right time is. There's no right or wrong way to approach it. Some people love managing people, others hate it. Others figure out as they go along."
Matt Wolach
[09:15] “I always say, you should work with an expert, whatever you're doing.”
[28:18] "Know what you're ready for. Know what you can handle. Know what you want to take on."
LEARN MORE
To learn more about Thomas Smale and FE International, visit: https://feinternational.com/
You can also find Thomas Smale on LinkedIn at https://www.linkedin.com/in/thomassmale/
For more about how host Matt Wolach helps software companies achieve maximum growth, visit https://mattwolach.com/.
Get even more tips by following Matt elsewhere: