Selling their businesses is a dream of many entrepreneurs; whereas for some, they can’t even imagine a future without their business in it.  This conversation is must-listen to for anyone building a business, as you honestly NEVER KNOW when that phone call might come from an interested buyer!

As my guest this week makes clear, even if we have zero plans of ever selling, we should still take some simple steps towards structuring our businesses in case we a) change our mind or b) get an offer we can’t refuse one day!

Michelle Kvello is the founder of Sydney-based Lantern Partners, a financial advisory company dedicated to helping high growth companies reach their goals, and she has personally held the hands of many a founder as they prepared to, and later sold, their business.  

I love Michelle’s approach as she’s fully committed to being led by the numbers in a business, however she doesn’t ever lose sight of the fact that behind the numbers are real people with real dreams and worries.  She also has a knack for making intimidating finance concepts easy to understand!  She’s also a longtime mentee of mine, who I adore working with.

In our chat this week, Michelle and I discuss:
Whether or not every business CAN be sold 
What she sees as the biggest blocks when a founder starts to look at selling their business
How long it usually takes for a business sale to be completed
As a result, how far out founders should be thinking about readying their company for sale
How you go about having a business valued
What a multiple is and how it works 
If selling your company is on your "one day" wish list, what the three things you should be thinking about right now are
What an earnout is, and how long a founder will usually stay on in a business post sale
The emotional rollercoaster that selling a business can be, and how to navigate it

To find out more about Michelle and Lantern Partners, visit:
Website: Lanternpartners.com.au
Linked In: linkedin.com/in/michellekvellocfo

To learn about my Power Quarter Mentoring package, visit my mentoring page: lorrainemurphy.com.au/mentoring

Selling their businesses is a dream of many entrepreneurs; whereas for some, they can’t even imagine a future without their business in it.  This conversation is must-listen to for anyone building a business, as you honestly NEVER KNOW when that phone call might come from an interested buyer!
As my guest this week makes clear, even if we have zero plans of ever selling, we should still take some simple steps towards structuring our businesses in case we a) change our mind or b) get an offer we can’t refuse one day!
Michelle Kvello is the founder of Sydney-based Lantern Partners, a financial advisory company dedicated to helping high growth companies reach their goals, and she has personally held the hands of many a founder as they prepared to, and later sold, their business.  
I love Michelle’s approach as she’s fully committed to being led by the numbers in a business, however she doesn’t ever lose sight of the fact that behind the numbers are real people with real dreams and worries.  She also has a knack for making intimidating finance concepts easy to understand!  She’s also a longtime mentee of mine, who I adore working with.
In our chat this week, Michelle and I discuss:
<ul>
<li aria-level="1">Whether or not every business CAN be sold </li>
<li aria-level="1">What she sees as the biggest blocks when a founder starts to look at selling their business</li>
<li aria-level="1">How long it usually takes for a business sale to be completed</li>
<li aria-level="1">As a result, how far out founders should be thinking about readying their company for sale</li>
<li aria-level="1">How you go about having a business valued</li>
<li aria-level="1">What a multiple is and how it works </li>
<li aria-level="1">If selling your company is on your "one day" wish list, what the three things you should be thinking about right now are</li>
<li aria-level="1">What an earnout is, and how long a founder will usually stay on in a business post sale</li>
<li aria-level="1">The emotional rollercoaster that selling a business can be, and how to navigate it</li>
</ul>
To find out more about Michelle and Lantern Partners, visit: Website: <a href="https://lanternpartners.com.au/">Lanternpartners.com.au</a> Linked In: <a href="https://www.linkedin.com/in/michellekvellocfo/">linkedin.com/in/michellekvellocfo</a>
To learn about my Power Quarter Mentoring package, visit my mentoring page: <a href="https://lorrainemurphy.com.au/work-with-me/mentoring/">lorrainemurphy.com.au/mentoring</a>

With a mix of straight-talking advice, interviews with thought-leaders and Lorraine's personal stories and tips, this podcast aims to entertain, expand your thinking and give you a (gentle) kick up the ass - all to help you rise even higher in your life.  Season 1 is The Expert Season - featuring Lorraine's own go-to experts on everything from entrepreneurship to soul alignment, from digital wellbeing to turbocharging your business revenue.

Join entrepreneur, author, business mentor and mother Lorraine Murphy for a weekly hit of business, organisation, wellbeing, spirituality and much more

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