How to know when it’s time to sell your business - Cooking the Books

A bit of preparation can mean selling the business for much more. Photo / 123rf

Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s how to sell your business for a tidy profit. Hosted by Frances Cook.

This podcast is brought to you by BNZ.

Even the most successful business owner at some point faces the decision to step back, and let someone else take over.

If handled right, exiting the business can mean a sale for a tidy profit, and an easier retirement.

But it does take preparation to make the most of it.

For the latest podcast, I talked to Andrew Martin, regional director for the Strategic Specialists Group.

For the interview, listen to the podcast here.

• If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.

• Listen to the full interview on the Cooking the Books podcast. You can subscribe on iHeartRadio, Apple Podcasts, or Spotify.