Selling isn't the only way to successfully exit a business
Release Date: 08/08/2021
Selling isn't the only way to successfully exit a business
The Owner to Owner Podcast
Russell Spokes and his wife ran Maggie's Kitchen successfully for well over 20 years out of a shopfront in Queenscliff, Victoria. That was their third business. In our discussion Russell talks openly about some of the high's and low's that come with owning small businesses. He also talks in detail about the process he and his wife went through to decide how they were going to tightly control their exit, and why that was so important to them. They considered selling but knew this could delay their personal plans for life post-business. They are out now and happy with the decision they made....
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Mario's Coffee House - readying a 40+ year brand for sale
The Owner to Owner Podcast
Anthony Bendoricchio talks about how this iconic Melbourne coffee brand got started and what it means to him and his loyal customers. Mario's Coffee House isn't just another cafe! Anthony had begun planning the sale of the business (and real estate), well before the onset of Covid19. C19 has had a devastating impact on many businesses and owners, including Anthony and others like him who were planning to sell. Listen in to hear him talk openly about his personal approach to building this business and his hopes for the next phase in the life of the Mario's Coffee House brand.
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Starting and then selling a cause or for-purpose business. James Murphy did it twice - listen in to hear him talk about how he did it, and why!
The Owner to Owner Podcast
James Murphy is a business and social entrepreneur and the founder of the Kere Kere group (). James has managed to align his personal values with business purpose to create 3 very successful hospitality businesses. But as is the case for all owners there is a time to 'move on'. In this episode we discuss how he got started but also how he managed to successfully exit (sell) 2 of the businesses at the right time for him while also preserving the essence of what he created under new ownership. As a 2 time, successful seller he has some highly valuable tips and advice for other owners thinking of...
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Forget Big Business. Regional communities - support your local SME owners when it's their time to sell.
The Owner to Owner Podcast
The key to sustaining regional economies is to have viable small businesses. But just because it's viable doesn't mean the owner of the business will want to be there forever. At some point, they will want to retire, travel or just do something different. Carolyn Fryer went back to Fish Creek with a plan to retire to her new farm. But before she got farming she saw a key local business for sale. It was a bit tired but Carolyn knew how vital it was for it to be successful. She had plenty of previous business experience so she parked her retirement and bought it, then improved it and then...
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The big upside of getting ready to sell, and then not selling your business!
The Owner to Owner Podcast
Is the opportunity to significantly grow revenue and increase profits always a good thing? What if it came just when as you started to think about retiring? As attractive as the opportunity might have been it created a whole lot more stress and anxiety for experienced small business operators Helen and Colin Legg. They thought selling was the only way out. Turns out it wasn't. In discussion with Michael Kerr from they talk about how they prepared for selling, but ended keeping the business, complete with a great management team, who ran the business for them.
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From Coles Bay to Coles Bay. A story of starting, selling & staying.
The Owner to Owner Podcast
Coles Bay, the picturesque town on the Freycinet Peninsula in Tasmania, is where Sandra Kain started and ran her very successful 2 small businesses for 26 years. In this episode, Sandra shares her very personal insights on the process of starting and then, eventually, selling. Unfortunately, selling took a whole lot longer than she planned. It was frustrating and she knows now this will be the case for many other regional small business owners. In discussion with Michael Kerr from she offers her very personal insights and practical tips to help other owners avoid the same issues she...
info_outlineRussell Spokes and his wife ran Maggie's Kitchen successfully for well over 20 years out of a shopfront in Queenscliff, Victoria. That was their third business. In our discussion Russell talks openly about some of the high's and low's that come with owning small businesses. He also talks in detail about the process he and his wife went through to decide how they were going to tightly control their exit, and why that was so important to them. They considered selling but knew this could delay their personal plans for life post-business. They are out now and happy with the decision they made. It's an enlightening discussion on making your business work for you and knowing when enough is enough.