No Regrets Business Transition Planning
Just as potholes can interfere with a pleasant drive, they can interfere with an easy transition of a business. As potholes are identified, there are two ways to deal with them. We can repair them, or avoid them.
Boost your company’s short-term earnings while maximizing long-term value. Increasing your company’s value is all about increasing profitability, cash flows, and efficiency. A high-value business demands a premium price during a sale.
Making sure your business is in the shape it needs to be in to be sold. Improving your financial records, customer base, and other factors will make the business more successful. Then we can determine the value of your business and price it appropriately.
Determining the value of your business, forming an exit strategy, and ultimately selling, are impacted by many different factors:
- The market - how many businesses are trying to sell?
- Your business’ readiness to sell
- Your understanding of the business’ value
- Identifying and addressing your business' weaknesses
- Your business’ profitability
The stakes are higher when you are dealing with your own legacy and future. Many owners have as much as 80%-90% of their personal wealth tied up in their businesses. Adding to the significance of properly valuing your business is the fact that selling your business is a highly emotional issue.
But it doesn’t have to be this way.
You can identify your company’s weaknesses, maximize the value, and form a strategic exit plan.
Click below to gain control of your legacy and start planning for the future.
Exit Planning
Second to starting your business, exiting your business is one of the most significant activities you take on as a business owner.
Business and Executive Coach
Dan Bowdey is a Certified FocalPoint Business Coach & Trainer and a Certified Exit Planning Advisor with the Exit Planning Institute. He is a Business Transition Specialist who works with Small to Medium size business owners to help them through the various transitions throughout the life cycle of their business. He asks good probing questions about their business and personal goals such that their answers bring him into their view of the current state as well as the opportunities he can help them seize and the constraints he can help them remove to achieve their future vision.
1. TAKE THE ASSESSMENT
This 5-minute Exit Readiness Scorecard assessment provides me with more insight into your company’s selling potential.
2. DISCOVERY CALL
A 20-minute discovery call is our chance to meet one another and have a conversation. It helps to determine if we are a good fit.
13 Factors That Determine How Much You Get and How Fast It Sells
We are going to give you in-depth insights and information about what determines the value of your company, what buyers look for, and advice on maximizing what your company is worth.
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