Welcome to the final half of our two-part series with serial entrepreneur Sarah Riegelhuth of Grow My Team. Find out how her mistakes from multiple business exits changed the way she now approaches growing a business. She has great tips for businesses who are building for sale into the future.
Episode Highlights:
- How has experience impacted building a business now?
- What is the Grow My Team idea?
- Current perspective on acquisitions
- How can you tell if a business is a good acquisition target?
- Working out the valuation model
- Lessons learned over the years of acquiring and selling businesses
Sarah Riegelhuth of Grow My Team is back for part two of our two-part series on the topic of acquisition as a growth strategy for business. Sarah has founded eight companies and has been through multiple business exits over the past decade. With her wealth of experience in buying, selling and growing business over the years, Sarah has learned a few tricks on how to grow a business if sale is in mind for the future and she shares all of these great insights with us today.
As the founder of a global recruitment firm, Sarah also talks to us about some great lessons on how you can acquire fabulous teams for less than you might expect. So, if you’re busy building a business right at that growth phase or if you’re growing a business with the intention of selling it into the future, this episode is perfect for you!
But of course, if you have not heard part one of this two-part series, you can listen to it by clicking here. In part one, we talked about Sarah’s multiple experiences in buying growing and selling businesses and we dig into this concept of acquisition as a growth strategy. We also look at the hard lessons that she learned including her $1Million dollar mistake. You won’t want to miss it!
Resources:
- Grow My Team
- League of Extraordinary Women
- Follow Sarah on Twitter @SarahRiegelhuth
- Connect with Sarah on Linkedin
Check out other Conversations at the Coalface episodes:
- Using acquisition as a growth strategy and the $1M mistake (Part 1)
- Using Acquisition as a Growth Strategy (Part 1)
- Using Acquisition as a Growth Strategy (Part 2)
Are you enjoying the podcast? Listen to the episode here and leave us a review:
Our Business Sales and Acquisitions Services
Aspect Legal has a number of great services that help businesses prepare for a sale or acquisition to help them prepare in advance and to get transaction ready. And we’ve also got a range of services to help guide businesses through the sale and acquisitions process.
We work with clients both big and small and have different types of services depending on size and complexity. We provide a free consultation to discuss your proposed sale or acquisition – so see our show notes on how to book a time to speak with us, or head over to our website at Aspectlegal.com.au
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