Ep.24 How to Scale Your Business to Make It More Valuable to a Buyer with Coran Woodmass

Welcome back to the Sprint to Profit podcast. Today we have a special guest. Coran Woodmass the founder of The FBA Broker, a leading broker company that works with entrepreneurs to sell their business for their best exit and also works with entrepreneurs to acquire businesses to grow their portfolio or to just get in the game. Coran is also a little bit of a nomad and world traveller.

Today we’re going to talk about what Coran does, Coran’s advice for new entrepreneurs, what to think about when planning your exit strategy, and things you can do to increase the value of your business.

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Talking Points
00:20 Hello and Welcome
01:35 Coran’s background and story
07:08 How do buyers value a business? And Important things that increase the value of a business
14:06 The MAIN 2 or 3 important concepts that Amazon sellers need to get when thinking about selling and/or setting their business up for sale
23:15 When is the best time to sell your Amazon business?
24:50 How do solo-prenuers manage their time for their intended timeline?
32:55 Growth strategy and what that could look like to increase income and value of the business
45:00 Common mistakes that Amazon sellers tend to make
51:43 More about the FBA Broker and how to reach Coran
52:30 Summary and Conclusion
Resources / Links