Tite - A company built to sell doesn’t rely on its owner Tags - businesssystems exitstrategy
A business which is built to sell should not rely on the owner for operations (for these reasons: 202206021320) or as the public face of the business.
The reason is that, if customers associate the company entirely with its founder, it will lose real or perceived value when the owner is no longer involved in operations.
This holds the business back in it’s growth from infancy to maturity (202206021200), decreases its sale value and limits selling opportunties.
[#warrillow2011builttosell]: John Warrillow (2011): Built to Sell: Creating a Business That Can Thrive Without You, Portfolio.