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How do I grow my e-commerce, product-based or subscription box business? How do I skyrocket my sales, get more customers, increase my profit, sell on more channels and create an epic customer experience for my business? These are some of the big questions that product and subscription box coach, Kerrie Fitzgerald digs into each week in this workshop style podcast. Listen in and you will learn step-by-step actionable strategies to help you scale to the next level in your business, skyrocket your sales, traffic, reach more customers and gain greater visibility in your business to create your customer superfans. We’ll also include amazing entrepreneurs and online shop owners from Shopify, Cratejoy, Etsy and Amazon, to share their product biz success stories to give you tangible strategies you can implement today, to make huge waves in your business. Together, let’s create a business growth roadmap so you can create a profitable product business, that gives you a life you love.
Episodes
Tuesday Mar 12, 2024
Should you close your business or should you sell?
Tuesday Mar 12, 2024
Tuesday Mar 12, 2024
In this episode, Kerrie discusses the option of selling your business instead of closing it. She shares the story of a friend who closed her e-commerce store and explains why she believes selling is a better option. Kerrie emphasizes the value of the assets and systems you have built in your business and how they can be attractive to potential buyers. She also provides resources for selling your business and encourages starting a business with the intent to sell. Kerrie concludes by discussing the benefits of selling starter businesses and reiterating the importance of owning your own platform.
Takeaways
Consider selling your business instead of closing it, as someone may be interested in buying it.
Assets like social media accounts, email lists, and customer reviews can make your business attractive to buyers.
Shopify is a valuable platform for selling your business, as you have control over your own website and traffic.
Starting a business with the intent to sell can be a strategic approach.
Flippa.com, BizBuySell, and EmpireFlippers.com are resources for selling your business.
Selling starter businesses can be a lucrative opportunity.
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Chapters
00:00 Introduction
00:32 The Story of a Friend Closing Her E-commerce Store
01:53 The Option of Selling Your Business
04:21 Closing vs Selling Your Business
07:33 Selling Your Business on Shopify
10:16 Starting a Business with the Intent to Sell
14:46 Resources for Selling Your Business
17:00 Closing Your Business
19:16 Selling Starter Businesses
25:56 Closing Thoughts
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