Create an exit strategy - Michael Bohan - Franchise Resales UK

<p>It's not likely that you will be able to create a million pounds or dollars before lunch, but it is important to plan ahead.&nbsp;</p> <p><br></p> <p>One of the most important things to consider is getting out of your business. It might seem strange, but it will definitely help you set up right from the start!&nbsp;</p> <p><br></p> <p>It's something that we discuss with our latest guest, Michael Bohan Managing Director of Franchise Resales UK, who has helped many franchisees plan their exit strategies.</p> <p><br></p> <p>We also chat about:</p> <p><br></p> <p>- Not knowing what to do in your career</p> <p>- Valuating a business</p> <p>- Selling a franchise</p> <p>- Reasons why a franchisee sells their business</p> <p>- The benefit of exit plans to franchisors</p> <p>- Planning an exit strategy</p> <p>- What type of business to buy to gets the returns you want</p> <p>- Spotting a good business to buy</p> <p>- The type of buyer franchisors are looking for</p> <p><br></p> <p>You can find Michael on LinkedIn here&nbsp;- <a href="https://www.linkedin.com/in/michaelbohan/" target="_blank">https://www.linkedin.com/in/michaelbohan/</a> and his business Franchise Resales UK here - <a href="https://www.franchiseresales.co.uk/">https://www.franchiseresales.co.uk/</a></p> <p><br></p> <p>Thanks for listening and if you enjoyed this episode, don't forget to hit the subscribe button for the latest episodes!</p> <p>For more insights into the franchising world check out The Franchised at - <a href="https://www.thefranchised.com/" rel="ugc noopener noreferrer" target="_blank">www.thefranchised.com</a></p> <p>--------------------------------------------------------------------------------------------</p> <p>This episode was powered by Cymphony.</p> <p><br></p> <p>Cymphony is a premium communications provider with services available to you that include a telephone answering service, managed live chat, and virtual personal assistants with your customer relationship building at its heart.</p> <p><br></p> <p>Visit <a href="https://w