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The How of Business - How to start, run, grow and exit a small business.

505 – Selling Her Small Business.

The How of Business - How to start, run, grow and exit a small business.

Henry Lopez, Levante Business Group

Entrepreneurship, Business

4.7522 Ratings

🗓️ 15 January 2024

⏱️ 48 minutes

🧾️ Download transcript

Summary

Justine shares her experiences and insights from selling her small business, a successful bookkeeping business.

Show notes page: https://www.thehowofbusiness.com/505-justine-lackey-selling-her-business/

Justine Lackey is back on the show to share her experiences from selling her successful small business, and how she is currently helping people run and scale their own bookkeeping firms.

Justine Lackey founded one of the very first virtual bookkeeping companies in all of America, Good Cents Management. Over fifteen years she grew her firm from a one woman show to a multi-six figure, multi-state firm which she sold in 2023.

The freedom of owning her own company allowed Justine to raise her three children while never missing a school play or scrambling to find childcare on a snow day. One of proudest accomplishments though was creating an all-mom team - and giving her employees the freedom to build their job around their lives, and not their lives around their jobs.

Today, Justine teaches bookkeepers (especially moms) how to run wildly efficient, highly profitable bookkeeping businesses while staying sane and having fun.

Henry Lopez is the host of The How of Business podcast – helping you start, run and grow your small business. The How of Business is a top-rated podcast for small business and entrepreneurs. Find the best podcast, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com

Transcript

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0:00.0

Welcome to the How of Business with your host, Henry Lopez, the podcast that helps you start, run and grow your small business. And now here is your host.

0:15.0

Welcome to this episode of The How of Business. This is Henry Lopez. And return guest is Justine Lacky. Justine,

0:22.4

welcome back to the show. Thank you so much for having me, Henry. I'm so delighted to be back.

0:26.9

How fun. Absolutely. We're going to chat today about, it's been a while since Justine was on.

0:31.9

She was on back on episode 305, and I'll talk more about that at a moment, but she since then has sold her business.

0:40.4

And so Justine Lackey is back on the show to share her experiences from selling her very successful

0:46.0

small business and how she's currently helping now people run and scale their own bookkeeping

0:51.8

firm. So Justine ran a very successful bookkeeping firm herself

0:56.0

that she sold and she's going to tell us all about that. I think it's always great to learn from

1:01.1

and understand what the experience is like to sell a successful business. If you want to get more

1:07.4

information about the How a Business, including the Show notes page for this episode and how you can continue supporting my show, receive workshop discounts, join my monthly group coaching sessions, all through a Patreon membership.

1:21.0

Just visit Thehowabusiness.com. I also encourage you to please subscribe to my show wherever you may be listening so you don't miss any new episodes.

1:30.1

So Justine Lackey founded one of the very first virtual bookkeeping companies in all of America.

1:36.5

It was called Good or still is Good Sense Management.

1:40.3

Good Sense Management.

1:41.8

Over 15 years, she grew her firm from a one-woman show to a multi-six-figure,

1:48.2

multi-state firm, which she sold earlier this year in 2023. The freedom of owning her own company

1:54.7

allowed Justine to raise her three children while never missing a school play or scrambling to find

2:00.4

child care on a snow day.

2:01.9

I can relate to that.

2:03.6

That's so we said one of those huge benefits that they were fortunate to have as business owners.

2:08.2

One of the proudest accomplishments, though, was creating an all-mom team and giving

...

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