Every year, we collect data on how exit-ready small business owners are.

The 2024 Exit Readiness Report by The Big Exit shows that small business owners are becoming more exit-ready, meaning their businesses are in better shape to sell.

"Should I sell my business quickly now or wait another year?" Many business owners ask themselves this question, especially at the start of a new year. They hope that waiting one more year will lead to bigger profits and a better sale price. But is waiting really a good idea?

If you’re a small business owner thinking about selling your business, you’ve probably wondered what is life changing money and what it really means for you. Is it a specific number? A lifestyle upgrade? The freedom to start your next venture? Defining what’s truly life-changing is not only a fun exercise. It’s also the key to selling your business on your terms and getting the financial results you deserve.

For small business owners, profit matters a lot. It's more than just numbers in your accounting books or extra spending money. Your business's profit directly affects how much your business is worth. Simply put: if you want to know how much you could sell your business for, you need to understand its profits. All business valuation methods for a small business will take into account it profits.

Want to make your business worth more money? Let's explore 4 reasons to increase the value of your business and a simple framework to optimize your business so its worth more by the time you want to sell it.

In the world of small business ownership, your company's profit is everything. It's not just a number your accountant shares with you or how much extra you can personally spend. Your business profit is a significant part of how much your business is worth. Understanding a business’s profit is understanding how much to sell a business for.

What happens when three powerhouse women join forces to build something greater than the sum of its parts? You get a story of vision, values, and scaling success.

Ever wondered if you could sell a community-based business for a life-changing sum? Spoiler alert: you can. But here's the reality—most community founders hit roadblocks when they try. Why? Because building a strong community is only half the journey; preparing it to be sellable and attractive to buyers requires a different set of strategies.

Are you busy doing everything as an entrepreneur, but moving nowhere fast? It’s not just in your head. Trying to juggle every role in your business might seem like the ultimate way to stay in control, but it’s the very thing stalling your business growth. Being a Jack of All Trades entrepreneur is holding your business back and is the biggest obstacle standing between you and the freedom you want to enjoy.

Ever wonder why some coaching businesses are scooped up for seven figures while others barely catch a buyer’s attention? The truth is, most coaching business owners do not know how to sell a coaching business and miss critical steps that make their companies attractive, sustainable, and truly sellable.