Wow! What a story.
We’re just off our British Association of Women Entrepreneurs call with BAWE (Scotland) member Fiona Chambers who had us spell bound with her tale of passion, business, love, loss and ultimately amazing success with a sale of her vending business SV24-7 Vending (Stirlingshire Vending (Scotland) Ltd to Lavazza Professional UK Nobody deserves it more.
With 20 amazing female entrepreneurs on the call, Fiona talked us through an almost textbook approach to negotiating. As a former top saleswoman for #CocaCola Fiona understood the buying signals and understood how to negotiate.
Her top tips for successfully selling out?
✅ Turn the deal into a project and focus on it
✅ Surround yourself with the best advisers and trust your team
✅ But trust your instincts too - nobody sells your business like you do
✅ Pick your battles. Know what to let go to achieve your bigger goal
✅ Understand your worth
✅ Stay true to your values
Having started out bootstrapped to the hilt, owing her dad £100k, she’s ended up so financially secure she never has to work again. But she will. There’s another business in her. Watch this space!
#businesssale #femaleentrepreneur #womensupportingwomen.