Prepare Your Business To Be "Sale-Ready" W/ Natalie Barranco

October 24, 2023  by Ewell Smith

Natalie Barranco,  Founder of Prime Business Advisory Solutions, shares the 4 keys to your business success as an entrepreneur.


5 takeaways Natalie shares on this episode of the Close The Deal. Com Podcast : 


  1. Natalie's favorite restaurant to close the deal with a potential client
  2. The # 1 mistake people make going into business
  3. The missing "key element"  too many entrepreneurs make with their  budgets
  4. The four key elements to business success
  5. The value of work-life balance Natalie created for herself and her team



This episode is brought to you by franchise & funding


Connect with Natalie at:


https://www.linkedin.com/in/natalie-barranco


https://primebas.com/




CTD Podcast with Natalie Barranco

Prime Business Advisory Solutions

Natalie Barranco, the founder, co-founder, and partner of Prime Business Advisory Solutions, recently joined Ewell Smith on this episode of the "CloseTheDeal.com" Podcast. During the conversation, Barranco shared valuable insights on business success and offered essential advice for entrepreneurs and business owners.


Importance of a Budget


One of the key takeaways from Barranco's discussion was the significance of having a well-defined budget. Whether you're starting a new business or managing an existing one, a budget serves as a crucial roadmap for measuring financial performance and making informed decisions.


Emphasizing Marketing


Barranco stressed the need for businesses to allocate a portion of their budget to marketing. Building a brand presence through social media, video content, blogs, and other marketing strategies is essential for attracting customers and staying competitive in the market.


Setting Clear Financial Goals


Clear financial goals are a cornerstone of business success. Barranco advised businesses to establish specific objectives, such as reducing debt, increasing profitability, or growing revenue. These goals provide a framework for decision-making and progress assessment.


Being Sale-Ready


Barranco introduced the concept of being "sale-ready." This involves documenting all policies and procedures within the business to ensure that operations are replicable, whether for future expansion, potential sale, or simply maintaining a well-organized company.


Prime Business Advisory Solutions


Prime Business Advisory Solutions offers financial and operational services, software conversions, and marketing assistance. With a team boasting diverse backgrounds and hands-on experience in industry positions, they provide comprehensive solutions to businesses seeking growth and efficiency.


Natalie Barranco's Vision

Barranco's vision for her business centers on helping other businesses succeed. By partnering with a variety of companies, she aims to contribute to economic development and promote sustainable businesses. Prime Business Advisory Solutions' willingness to work with clients nationwide underscores their commitment to assisting businesses on their journey to success.


Natalie Barranco's insights revolve around the foundational aspects of budgeting, marketing, setting financial goals, and being sale-ready. Her company, Prime Business Advisory Solutions, offers a unique combination of financial, operational, and marketing services, making them a valuable partner for businesses seeking growth and efficiency. Barranco's vision is rooted in helping businesses thrive and contribute to the broader economy.


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Ewell Smith, host of the Close The Deal Podcast, discussing sales systems and revenue growth

About the Author Ewell Smith is the publisher of CloseTheDeal.com, host of the Close The Deal Podcast, and author of Your First Franchise Roadmap. He interviews franchisors, founders, and sales and marketing leaders to help franchise owners and candidates drive more revenue and find the right opportunity. His work focuses on practical franchise strategy, the right mindset, and helping people close the deal on their next chapter.

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