How to Successfully Exit a Small Business Without Costly Mistakes
About this episode
In this episode, Shaun Thornton interviews John Selbach about the intricacies of successfully exiting a small business after decades of hard work.
What does it really take to sell a business after 40+ years of building it from scratch? In this episode of Happy Buyer, Happy Seller , Shaun Thornton sits down with John Selbach, founder of a Florida-based industrial crane manufacturing company, to break down a real-life business exit story, including what worked, what didn’t, and what every business owner MUST know before selling. From starting as a self-taught welder in 1978 to successfully exiting during the COVID-19 pandemic, John shares the raw truth about selling a business: the emotional side, the financial realities, and the biggest mistakes to avoid. You’ll learn why using a business broker is critical, how to maintain confidentiality, what buyers actually look for, and how to structure a deal that protects your outcome. If you're thinking about selling your business — or buying one — this episode is packed with practical, real-world insights you won’t find in theory. 📌Connect or follow Shaun Thornton 👉 LinkedIn: https://www.linkedin.com/in/shaunthorntonbusinessbroker/ 👉 Facebook: https://www.facebook.com/ShaunThorntonBusinessBroker/ 👉 YouTube: https://www.youtube.com/@HappyBuyerHappySellerPodcast 00:00 – Intro…
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