One of the most interesting phenomenon you’ll ever see with entrepreneurs is called the "hub-and-spoke" owner. A natural attribute among successful entrepreneurs, it's similar to being in the middle of your business like a hub is in a bicycle wheel.
The hub-and-spoke model is helpful for founders to get their cannabis companies up-and-running. At the same time, because acquirers generally avoid hub-and-spoke managed businesses, Chip talks in this week's episode about the nine ways to know if you're a hub-and-spoke owner and how to address it.
And, he shares why if you choose to address this model you can make your cannabis business more valuable and easier to run even if you never want to sell it.
Plus, we'll discuss listener feedback and have our "News of The Day" segment.
Want to learn more about anything discussed in this week's episode? Send an e-mail to email@example.com and let's discuss!
What to listen to next:
Episode 12 - Nine Tips To Create a Valuable, Resilient and Scalable Cannabis Business
Episode 14 - Here's What's So Important About a $1 Million Cannabis Business
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Disclaimer:This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.
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