What To Do When You And Your Business Are No Longer Compatible
Show Notes
Welcome to Toptimizers. The show designed to help you optimize your business to the top. Today we are talking about all of the options you have available when you and your business are no longer compatible.
What to expect in today’s show:
- Introduction
- Sometimes our businesses don’t go as planned - we may need to rebrand, sell the business, close our doors, or even file bankruptcy.
- Before making any quick decisions, take these steps to consider where your business falls.
- Pivot
- Can you rebrand your business for higher consumer engagement?
- Are there other markets that you’re not reaching?
- What areas could your business branch into?
- Where’s the market demand?
- Can you rebrand your business for higher consumer engagement?
- Sell
- Would someone else be better suited to run this business?
- Is your business marketable?
- Why should you stay quiet during a business sale?
- Would someone else be better suited to run this business?
- Close
- How do you walk away from a business without a loss?
- Is there really a successful way to close a business?
- What considerations should you take before you close?
- How do you walk away from a business without a loss?
- Bankruptcy
- Is bankruptcy a good option?
- What types of bankruptcy can a business file?
- Is bankruptcy a good option?
Resources:
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