Secrets to a Successful Business Exit

David Fairley is the Founder and President of Website Properties, an online business brokerage that has sold over $650 million. Prior to that, he started a hammock import business that eventually became hammocks.com, eventually selling it to a billion-dollar company. David established Website Properties to fill a need in the market, specializing in the listing and selling of profitable internet-based businesses. In this episode... How can you prepare your business for a future exit? When is the right time to start having conversations about selling? David Fairley, an online business broker, advises entrepreneurs to work with experts. They should start by focusing on their financial records, branding, and revenue. Timing is important and business owners need to have clear goals from the time the business is established. What else are you missing when preparing for an exit? In this episode of the Innovations and Breakthroughs Podcast, Rich Goldstein sits down with David Fairley, the Founder and President of Website Properties, to talk about secrets to a successful business exit. They also discuss the value of working with experts, how to build a transferable business, and the right time to have conversations about an exit.