The Process Of Selling Your Business With Donna And Gary Thiel

  In one way or another, everybody leaves their business. Prepare well for the inevitable by knowing your exit strategy. In this episode, Bob Roark talks with Donna and Gary Thiel, small service business owners who, after more than 30-plus years, has closed the sale of their business. They share their journey and offer great insights about the process, for when you also decide on selling your business. Follow along to learn about who to talk to and what to do during this important business decision. --- Watch the episode here:Listen to the podcast here:[smart_track_player url="" title="The Process Of Selling Your Business With Donna And Gary Thiel" image="http://businessleaderspodcast.com/wp-content/uploads/2018/04/BLP-SquareLogo-WhiteBlueBG1400x1400.png" background="default"] The Process Of Selling Your Business With Donna And Gary ThielWe have Donna and Gary Thiel. Thank you for your time. This is going to be a little bit different episode. We're going to talk about the journey between deciding to sell your business and the process. First off, tell us a little bit about your business. We own a small service business. Window cleaning was our main function. We did everything from residential to high rise. We also did snow removal services through the winter months. How long had you run the business? I originally bought it in fall 1986. I had worked for the company for about 6 or 7 years prior to that. Donna came in ‘96, ‘97-ish. She came in and helped with a lot of things like accounting stuff. What was the date that you closed on the sale of your business? March 1 of 2019. You ran that for a long time, 30-plus years. There's that ongoing discussion that you hear from business owners. At some point, you're going to exit the business in one way or another. Everybody leaves their business I suppose. What was that thought process like when you started thinking about selling your business? The stress level got high. The economy was good in Denver and stuff, but that brought along some difficulties o