Five Ways to Profit from Your Winter Getaway Winter is here, the weather has turned and the temperature has dropped. It’s time to getaway to sunnier climes … and increase the value of your business into the bargain. In today’s Exit To Success blog, we look at the opportunity afforded to you and your business […]
In any negotiation, the person who ‘makes the first move’ is usually put at a slight disadvantage. The instigator shows their hand and reveals just how much he or she desires the asset being negotiated. When considering the sale of your own business, it is nice to be courted rather than being the one doing […]
Now we’ve got your attention, let’s get down the business of making your business more valuable! First things first: the value of your business is partly determined by your industry. For example, a cloud-based software company is generally worth a lot more than a printing company these days – one’s potential for growth far […]
Many owners ask me – how can they best value their businesses? Naturally, business valuation goes beyond simple mathematics – but to get some idea of what your asset might be worth, consider applying the methods below. Your business is likely your largest asset, so it’s natural that you’re curious about its value. […]
Look Out! Stumbles To Avoid When Someone Offers To Buy Your Business You’re feeling excited and even a little bit flattered – there are dollar signs in your eyes and your pulse is racing- someone has offered to buy your business! Hoorah! Although the moment itself is exciting, you’ll need to take stock and think […]
The ultimate test of your business success rests upon the answer to a simple question: would someone want to buy your company? Whether you plan to sell next year or a decade from now, as an entrepreneur business owner you must be building an asset someone would see value in purchasing – otherwise, you have […]
For many business owners, July is a time of reflection on the previous year’s business, for plotting new growth and setting budget targets to match. After considering last year’s achievements, business resolutions and KPIs are set for the year to come. Unlike the resolutions you may make in January (where some set personal goals like […]
A recent survey by The Sellability Score found that companies able to perform well without their owner present for a period of three months are 50% more likely to receive an offer of acquisition when compared to an owner-dependent businesses. In today’s Exit to Success Blog, we’ll look at why taking a long-earned break right […]
In today’s blog, I want to talk about bucket lists. And not in a cheesy, dreamy, make-a-film-with-Morgan-Freeman way. Today’s Exit To Success blog is bucket list ‘real talk’ addressing why business owners need a bucket list – and how to go about making one. Hint: do it before you kick the bucket! Building a business […]
The difficulty of planning for an exit from your business When we start a business, we usually have two key financial objectives. The first objective is to generate a regular income, such as a weekly wage. The second is to build wealth in the business, which is effectively locked away until we sell our business. […]
