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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Advantages of a Self-Running Business
Description: Advantages of a Self-Running Business Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In preparing to sell your business, make sure you are setting up a business that can run by itself at some level. Here are some key points to consider: Make sure the company doesn’t have the founder's name on it. Build a great team that can carry on without the founder. For every function in the business that requires the founder, the price will drop by some amount. Run the business as a leader tha...