{"id":22428,"date":"2021-04-06T14:40:53","date_gmt":"2021-04-06T19:40:53","guid":{"rendered":"https:\/\/theboutiquehub.com\/?p=22428"},"modified":"2022-09-13T23:29:43","modified_gmt":"2022-09-14T04:29:43","slug":"should-i-sell-my-business","status":"publish","type":"post","link":"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/","title":{"rendered":"Should I Sell My Business?"},"content":{"rendered":"\n<p>Today on the Boutique Chat Podcast Lorinda Van Newkirk, CEO of Lucky Chuck, joins us for <em>Should I Sell My Business<\/em>?<\/p>\n\n\n\n<p>Have you made plans for the future of your business? When will be the right time to sell your business? Lorinda has years of experience in owning and selling multiple successful businesses, including the legendary Gypsy Soule brand. Today she gives us all the details on how she made it happen!<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Should I Sell My Business?\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/h_Pt1A_na0U?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><figcaption><a href=\"https:\/\/www.youtube.com\/watch?v=h_Pt1A_na0U&amp;lc=UgzAWfPj32r5WjndEr94AaABAg\" target=\"_blank\" rel=\"noreferrer noopener\">Watch Now on Youtube!<\/a><\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/boutique-chat\/id1351990699?mt=2\" target=\"_blank\" rel=\"noreferrer noopener\"><br>&gt;&gt; EPISODE 308 \u2013 LISTEN NOW ON iTunes &lt;&lt;<\/a><br><em>Don\u2019t Have\u00a0iTunes?<\/em><a href=\"https:\/\/theboutiquehub.libsyn.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a0Listen on Libsyn here<\/a><br><em>See the Full\u00a0<\/em><a href=\"http:\/\/www.theboutiquehub.com\/boutiquechat\">Boutique Chat Podcast Website here<\/a><\/p>\n\n\n\n<p><em><strong>Episode Run-Down:<\/strong><\/em><\/p>\n\n\n\n<p>00:03:52 Business Background<br>00:06:57 Selling Wholesale<br>00:09:37 Starting a Second Business<br>00:13:35 Private Labeling<br>00:21:06 Getting Knocked-off<br>00:29:38 The Importance of Relationships<br>00:31:02 Scaling Your Team<br>00:38:00 Selling to Big Box Stores and Boutiques<br>00:41:00 Selling My Businesses<br>00:46:28 Recreating Yourself<\/p>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"h-main-points\">MAIN POINTS<\/h3>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<ol class=\"wp-block-list\"><li>&#8220;Old school&#8221; marketing still works. Get your name out there whether it&#8217;s flyers, grab bags, coupons, etc.<\/li><li>Cheap isn&#8217;t loyal. Loyal customers know you and want to do business with YOU, not the impersonal big-box retailers!<\/li><li>Business is not about selling, it&#8217;s about building relationships.<\/li><\/ol>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"576\" height=\"1024\" src=\"https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-Story-576x1024.png\" alt=\"Should I sell my business? \" class=\"wp-image-22429\" srcset=\"https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-Story-576x1024.png 576w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-Story-169x300.png 169w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-Story-768x1365.png 768w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-Story-864x1536.png 864w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-Story-700x1244.png 700w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-Story-600x1067.png 600w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-Story.png 1080w\" sizes=\"(max-width: 576px) 100vw, 576px\" \/><\/figure>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"h-favorite-quotes\">FAVORITE QUOTES<\/h3>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p>&#8220;Failure was never an option for either of us. That was our mantra. We so sick of men telling us we couldn&#8217;t do something.&#8221; -Lorinda Van Newkirk<\/p>\n\n\n\n<p>&#8220;If someone tells you no, go ahead find someone else who says yes.&#8221; -Lorinda Van Newkirk<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-1024x1024.png\" alt=\"\" class=\"wp-image-22430\" srcset=\"https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-1024x1024.png 1024w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-300x300.png 300w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-150x150.png 150w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-768x768.png 768w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-570x570.png 570w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-500x500.png 500w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-1000x1000.png 1000w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-700x700.png 700w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-600x600.png 600w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram-100x100.png 100w, https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Instagram.png 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>&#8220;Everything is going to work out. If you are truly hustling and being passionate there will always be away, it will always work out.&#8221;-Lorinda Van Newkirk<\/p>\n\n\n\n<p><strong><em>Where to find Lorinda:&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>Instagram:&nbsp;<a href=\"https:\/\/www.instagram.com\/lovannewkirk\/\" target=\"_blank\" rel=\"noreferrer noopener\">@lovannewkirk <\/a> &amp; <a href=\"https:\/\/www.instagram.com\/luckychuckbrand\/\" target=\"_blank\" rel=\"noreferrer noopener\">@luckychuckbrand<\/a><\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/lovannewkirk.com\/\">https:\/\/lovannewkirk.com\/<\/a><\/p>\n\n\n\n<p><strong><em>Resources:<\/em><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong><a style=\"font-style: italic\" href=\"https:\/\/retailbootcamp.mykajabi.com\/20-ways-to-generate-traffic\" target=\"_blank\" rel=\"noreferrer noopener\">20 Ways To Drive More Traffic To Your Business Free Download<\/a><\/strong><\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator\" \/>\n\n\n\n<p>Join the Hub for more training, information, and connections.<br><a href=\"http:\/\/www.theboutiquehub.com\/join\">www.theboutiquehub.com\/join<\/a><\/p>\n\n\n\n<p>Use the hashtag&nbsp;<strong><em>#AskAshley<\/em><\/strong>&nbsp;on&nbsp;Instagram, or tag her at<a href=\"https:\/\/www.instagram.com\/ajalderson\" target=\"_blank\" rel=\"noreferrer noopener\">&nbsp;@ajalderson<\/a>&nbsp;or&nbsp;<a href=\"https:\/\/www.instagram.com\/theboutiquehub\" target=\"_blank\" rel=\"noreferrer noopener\">@theboutiquehub<\/a>to suggest topics for the podcast and let us know what you thought about this episode!<\/p>\n\n\n\n<p>Do you love the Boutique Chat Podcast?! Subscribe to our podcast and after that, leave us a review on<a href=\"https:\/\/itunes.apple.com\/us\/podcast\/boutique-chat\/id1351990699?mt=2\" target=\"_blank\" rel=\"noreferrer noopener\">&nbsp;iTunes Apple Podcasts here<\/a>!<\/p>\n\n\n\n<p><strong>Original Air Date: April 6th, 2020<br><\/strong>Do you love the details of<em>&nbsp;Should I Sell My Business<\/em>?&nbsp;Let us know what you think about our show and help spread the word about the&nbsp;<a href=\"https:\/\/theboutiquehub.com\/boutiquechat\/\">#BoutiqueChat Podcast.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you made plans for the future of your business? When will be the right time to sell your business? Lorinda has years of experience in owning and selling multiple successful businesses, including the legendary Gypsy Soule brand. Today she gives us all the details on how she made it happen!<\/p>\n","protected":false},"author":834,"featured_media":22431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","footnotes":""},"categories":[3,408,488,487,486],"tags":[404],"class_list":["post-22428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boutique-business","category-boutiquechat","category-boutique-dashboard","category-brand-dashboard","category-service-provider-dashboard","tag-boutique-chat","pmpro-has-access"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Should I Sell My Business? | The Boutique Hub<\/title>\n<meta name=\"description\" content=\"Today on the Boutique Chat Podcast Lorinda Van Newkirk, CEO of Lucky Chuck joins us for Should I Sell My Business?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Should I Sell My Business?\" \/>\n<meta property=\"og:description\" content=\"Today on the Boutique Chat Podcast Lorinda Van Newkirk, CEO of Lucky Chuck joins us for Should I Sell My Business?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/\" \/>\n<meta property=\"og:site_name\" content=\"The Boutique Hub\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/boutiquehub\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-06T19:40:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-14T04:29:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Blog.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"meredith\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"meredith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/\"},\"author\":{\"name\":\"meredith\",\"@id\":\"https:\/\/theboutiquehub.com\/#\/schema\/person\/34736ead18fbcf25dcfb12acfad3ab24\"},\"headline\":\"Should I Sell My Business?\",\"datePublished\":\"2021-04-06T19:40:53+00:00\",\"dateModified\":\"2022-09-14T04:29:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/\"},\"wordCount\":412,\"publisher\":{\"@id\":\"https:\/\/theboutiquehub.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/theboutiquehub.com\/wp-content\/uploads\/2021\/04\/Podcast-Blog.png\",\"keywords\":[\"Boutique Chat\"],\"articleSection\":[\"#BoutiqueBusiness\",\"#BoutiqueChat\",\"Boutique Dashboard\",\"Brand Dashboard\",\"Service Provider Dashboard\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/\",\"url\":\"https:\/\/theboutiquehub.com\/blog\/should-i-sell-my-business\/\",\"name\":\"Should I Sell My Business? 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