Are you planning to sell your business and want to make sure you get the highest value possible? 

In this episode, I am joined by two experts in the art of the exit, and we'll share some tips on how to make your business more attractive to potential buyers and how patents can increase the value of your business. By the end of this episode, you'll have a better understanding of what buyers look for in a business and how to position your company to get the highest amount of money when you sell.

Whether you're planning to buy a business or sell an existing one, you don't want to miss today's episode of SMART Businesses Do THIS! 

About the Guests:

Yelitza Mora is the co-founder and Director of Business Development at BuildTX Solutions, a top home remodeling firm in Dallas, TX. With over ten years of experience in supply chain management and logistics development, Yelitza brings intention, expert savvy, and passion to her work.

Craige Thompson is an experienced electrical engineer and accomplished patent attorney. He has substantial experience in patent licensing, prior art searching, due diligence, prosecution, opinion, reexamination, and litigation. Today he shares his expertise on how patents can add tremendous value to your business. 

“When it comes to selling a business, the time to prepare to sell is actually TODAY.” 

- Adam Lyons

In This Episode:

- How to apply the rule of price and terms when buying or selling a business

- Avoid these common pitfalls when preparing to sell your business and get double the multiple when you exit

- How much can a patent increase the exit value of a business

- How to prepare your business for exit and negotiate the sale to get the highest profit

- What SMART Businesses should do according to our expert guests

And much more…

Resources: 

- The Patent Offense Book by Craige Thompson - https://patentoffense.com/

- Learn from Craige and his expert guests - https://invention2exit.com/ (Use the code "Adam" to get a free ticket)

This Episode is Brought to You by: 

- Working Vacation - https://workingvacation.com/

Connect with Guests: 

- Yelitza Mora - https://buildtx-solutions.com/

- Craige Thompson - https://thompsonpatentlaw.com/

Connect with Adam Lyons:

- Website - https://thesmartblueprint.com/

- LinkedIn - https://www.linkedin.com/in/theadamlyons/

- Facebook - https://www.facebook.com/TheAdamLyons/

- Instagram - https://www.instagram.com/TheAdamLyons/