Here are the three most effective ways to reduce your time:

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What we generally see is that there are many areas for improvement that a seller can use to reduce their weekly hour allocation to the business. We recommend that anyone looking to sell their business first consider how they can reduce their actual involvement.


Systemization: Automating your business as much as possible
Building a Team: The biggest win we see here is hiring a content creation, customer service, general operations, and marketing agency to do most of the heavy lifting for you. While these add costs azerbaijan number data lower average net profit, they also make your business more attractive.
Creating Standard Operating Procedures (SOPs): SOPs should outline the entire process of a specific function of the business and should be good enough that if you hand them over to someone, they can do 80 percent of the work as well as you.
You should always be in a position where you are working on your business and not inside.

7. Dig a deep trench.
At Empire Flippers, we always ask people if they have built a deep enough moat around their business. A deep moat means it is difficult to copy your business. A copycat can’t just buy a domain and some hosting and copy your business in an afternoon.

A dropshipping store that can be copied in a single day will not be as attractive as one that has built a real following and a community around their brand, even if they sell the same products.