Lean The F*ck Out | Fempreneurs | Women Entrepreneurs | Female Business Owners
EP83: Selling your business - An interview with Rachel Kacenjar
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:48:02
- More information
Informações:
Synopsis
This week on Lean the F*ck Out we talk with plus size fashion designer, stylist, and entrepreneur Rachel Kacenjar. Rachel discussed how she sold her business Re/Dress after purchasing it from a colleague and running it for almost a decade. Selling Your Business Episode Highlights: Go into all employee hires with good boundaries in mind; there is a fine line between employee and friendship that should not be crossed. If you are going to start your business doing something you are passionate about, be prepared that you might lose that passion. Always have a contract, no matter who you are dealing with. Contracts help set healthy boundaries. When opening a business banking account, open two additional sub-accounts. Put one-third of your income in one of those accounts for tax savings and put another one-third into an account for buying new stuff you need for the business. Don’t be afraid to make mistakes. Let it go, make mistakes liberally, and learn from them. It’s okay to critically analyze big mistakes. Have