Promotional introduction for a session titled "Brushstrokes to Success" by Donna Bordeaux (pyopaccounting.com). The speaker urges studio owners to prepare now for a possible future sale, emphasizing that everyday actions affect studio value and outlining that the session will cover valuation, financial setup, finding buyers, and smooth transitions at the CCSA convention.
Chapters
Have you ever had one of those days where you think if I could just hand the keys to someone, they could take the studio and I wouldn't have to deal with this anymore? Usually that's a fleeting thought from a frustrating day, but did you know many studios are sold? When a customer asks if you've ever considered selling your studio, the studio owner has never even given that any thought until that moment. Even if you think you don't have any intention of selling for many years, or perhaps you just opened your studio, the best time to prepare for selling it is right now. You should always be considering the effect each action will have on the value of your studio. After all, you're building a legacy that will not stop when you're done owning the studio. I'm Donna Bordeaux with pyopaccounting.com and I am a CPA and I'm passionate about helping studio owners have a great life without letting their business take the best of them. I'm preparing this exciting session that will show you how to make sure that you get top dollar for your business. When you do decide it's the right time to sell, we'll talk about how to what the value of your studio is, how to set up the financial picture for success, and how to find buyers and transition smoothly. Check your CCSA convention schedule for brush strokes to success preparing your studio to sell now or 20 years from now On Saturday morning, let's make sure your cash out is a big win for you.