How to Sell a Manufacturing Business in Tennessee: A Business Broker's Guide
If you're thinking about selling a manufacturing business in Tennessee, valuation and buyer interest are largely driven by cash flow, customer...
2 min read
Joe Steigman is the Founder of Legacy Entrepreneurs, a boutique business brokerage and exit advisory firm focused on helping business owners maximize value and transition their companies with confidence. With a background that combines operational leadership, corporate consulting, finance, and entrepreneurship, Joe brings a practical, owner-focused perspective to business sales and acquisitions. Joe is a Certified Business Intermediary (CBI), a designation awarded by the International Business B...
Joseph Steigman
Updated on March 10, 2026
In this webinar, Joe Steigman from Legacy Entrepreneurs walks through a proven process for hiring a general manager—so you can scale, delegate, or prepare for exit. Whether you’re ready to grow or just tired of running everything yourself, this video is your playbook.
If you’re a small business owner who wants to grow, take time off, or prepare your company for sale, hiring a general manager is no longer optional—it’s essential. Without strong leadership beyond yourself, day-to-day operations stall, burnout sets in, and business value suffers.
Begin by defining exactly what tasks you want delegated—whether it’s site visits, CRM builds, client outreach, or vendor relations. This clarity helps craft a compelling job description and ensures the right fit.
Your GM job post should articulate not just required industry experience but spotlight leadership, owner’s mindset, competitive advantage, and professional growth. That clarity helps attract candidates who care.
Don’t just scan resumes. Send candidates a custom assessment tied to the role—ask for a real-world, thoughtful response. This reveals engagement, communication skills, and domain understanding.
Use a two-tier interview process:
Once you’ve identified the right person, negotiate salary, benefits, incentives, and start date. You choose the final package; with GM experience comes flexibility. We use a 10% success fee—$2,500 upfront, netted from placement fee.
With your GM in place, guide them through your systems, team, expectations, and recurring tasks. Clear onboarding means seamless delegation—and frees you to focus on market expansion, family time, or exit prep.
| Step | Action |
|---|---|
| 1 | Define GM responsibilities |
| 2 | Write compelling job post |
| 3 | Screen resumes & filter |
| 4 | Distribute custom assessments |
| 5 | Vet & interview top candidates |
| 6 | Negotiate offer & incentives |
| 7 | Onboard and delegate daily ops |
Scaling beyond owner‑operated limits builds operational resilience—your company can withstand leadership changes, reduce risk, and improve sustainability. A proven leadership structure increases business valuation, making your enterprise more attractive to buyers or private equity down the road.
At Legacy Entrepreneurs, we help you find and onboard a qualified general manager so you can step away from day-to-day operations, scale your business, spend time with family, or prepare for sale—without compromising performance.
📞 Ready to hire your GM and transform your business into a scalable, sellable asset?
Email: joe@legacy-eta.com
Phone: 615‑240‑7901
If you're thinking about selling a manufacturing business in Tennessee, valuation and buyer interest are largely driven by cash flow, customer...
A successful restaurant exit starts long before you put the business on the market. Whether you own an independent restaurant, a restaurant...
Most buyers do not pay cash to buy a business in Tennessee. They usually combine personal equity with an SBA (Small Business Administration) loan,...