Podknife - Episode 80: Secrets to Selling Your Business by This Week in Weddings

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Episode 80: Secrets to Selling Your Business

Podcast |: This Week in Weddings
Publisher |: Kimberly Rhodes & Annie Roche
Media Type |: audio
Podknife tags |: Business,; Careers,; Entrepreneurship,; Interview,; Wedding
Categories Via RSS |: Business,; Careers
Publication Date |: Aug 01, 2018
Episode Duration |: 00:57:54

When you're a small business owner, it's hard to imagine what will happen to your business once you're ready to move on from it. Do you just decide to quit and close up shop? Or is there an opportunity to sell it, creating a profit from the business you've worked so hard to build? In this episode of the This Week In Weddings podcast, we're chatting with someone who successfully sold her service-based, wedding industry business and getting the inside scoop on how it can be done.

About our guest:

Debbie Orwat is a business coach for wedding and event planners across the United States and around the world. She is the Founder and Chief Inspiration Officer of Planner’s Lounge, a resource site and community for wedding and event planners to relax, talk, learn, and inspire. Through Planner’s Lounge, Debbie offers coaching, mentoring, online courses, downloadable templates, and educational guides to empower wedding and event planners to succeed.

In addition to Planner’s Lounge, Debbie Orwat worked as a highly sought after wedding and event planner in Denver, Colorado for more than ten years. During Debbie’s ten year reign as owner, the company won numerous awards, including The Knot Best of Weddings Hall of Fame Award, 2 ICON awards, and was published in more than 30 wedding and lifestyle magazines. Debbie has been featured multiple times on local television stations as a party planning expert. Debbie also owned StudioWed Denver, a boutique wedding showroom and coworking space, for six years. In 2015, Debbie sold her event planning business and StudioWed to focus on Planner’s Lounge.

In this episode, listeners will hear about:

Debbie Orwat's background in the wedding industry
The steps Debbie took to sell not one, but two businesses in the wedding industry
What you're actually selling when you have a personal, service-based business
The things you can be doing now to ready your business for sale
How Debbie determined the value of her business and found a potential buyer
The one thing that didn't go as expected shortly after the sale of her business
Built to Sell by John Warrillow
Debbie's blog post with advice on selling a business
https://www.bizbuysell.com/

Want to connect with Debbie?

On the web: https://plannerslounge.com/
Instagram: @plannerslounge
Facebook: https://www.facebook.com/PlannersLounge
Pinterest

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