by theEmother | Jan 17, 2014 | build a Mother of a Business, buy | sell websites, BUY a Business, Buy a Mother of a Business, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
Slowly but surely getting into the start of the year. Judging by the number of queries we are ploughing through since returning back to the office would indicate that:
a) many business owners want to explore the sell option
b) many potential business owners have gone “shopping”
It will be interesting to see how it all pans out…
GOT A WEBSITE FOR SALE?
If yes, please email me at dhall@businessbrokers.com.au
And you…what does 2014 bring?
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS30 Online Venue Business
Completed Sellability Score
2 new inquiries have come through so lets see what happens with them
BS43 Tourism
Deposit locked and loaded. Settlement planned for February.
When it’s a good thing, it pays to act quickly.
BS48 Pet Grooming and Shop
SOLD
BS49 Home Help…
This is an interesting one. Mainly because it is playing in a growth industry but the players looking at it are playing small. In the process of revisiting the presentation to be more appealing to those with a larger appetite.
BS53 Balloons! and all that goes with them…
Such corporate appeal, so untapped. Potential buyers have stalled a little now. It’s waiting for the savvy operator that can see past the retail component. Needs to be thought more of as a warehouse!
BS57 Online Business
Signed good to go. A true online business at that ie all is in place, it’s making money and it dropships! In the process of developing the IM now. Stay tuned.
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
by theEmother | Jan 16, 2014 | build a Mother of a Business, buy | sell websites, BUY a Business, Buy a Mother of a Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, start with the end in mind
This week I’ve been “shopping” for websites.
Plenty around but not many I’m all that interested in. Mainly because even though they may look pretty, there’s been no real revenue-generating thought put into them. Yes, in some cases that can offer opportunity for me, agreed. But not at the asking prices!
Buying and selling a a website is no different to buying and selling a business.
Just because the owner of the site has spent, in some cases, a lot of money to get the site functioning the way it does, it does not automatically mean the site is worth that much.
If it is nothing more than a really expensive “brochure”, the value as such will usually be negligible to a potential buyer. What a seller wants to be able to demonstrate, to illustrate value, is only two things… traffic (incl. database) and revenue.
If neither of these is able to be validated, then realistic interest in the site will be no more than it is for the construction of an average site, regardless of the bells and whistles. That said, there’s always the exception whereby the site holds some strategic value and will save the potential buyer a lot of effort. They, however, are few and far between…
If you have a website you’d like me to have a look at, please email details to sell@theentrepreneurialmother.com
by theEmother | Jan 15, 2014 | build a Mother of a Business, business ideas & thinking, entrepreneur trends (past & present!), Finish Unfinished Business, Online Strategy incl. www, so you think you're in business, start with the end in mind, the business model
As noted in late 2013, Bernard Salt the demographer comments,
“all the global financial crisis did was to accentuate a social and technological trend in shopping that was already well under way. I suspect the same logic applies to recent profound changes in business.
Business is always looking for operational efficiencies, one response has been the contrarian pursuit of new opportunities. But here’s the twist. The new business opportunities coming out of the past five years have split into two categories: the conventional and the unconventional.”
Disruptive Thinking is unconventionally very exciting; it is also the way of the future. Business Owners should not only encourage but facilitate disruptive thinking and thinkers.
Your Business Online Strategy is a classic form of the new Disruptive Thinking.
Hence why it is imperative that you get started on it now, if you haven’t already. It will be even more so when the time comes for you to sell, when your business to good to go on the market…
To watch Bernard Salt discuss Disruptive Thinking, click here
by theEmother | Jan 14, 2014 | build a Mother of a Business, business ideas & thinking, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, Online Strategy incl. www, Sell Your Business, SELL your Mother of a Business, so you think you're in business, start with the end in mind, the business model
abstract money tree…
Back in April 2013, I asked the following questions… I wanted to check in and see how you’re going with mapping your exit?
- Are you currently working as an independent practitioner? a consultant? a freelancer?
- Is this how you see the rest of your working life playing out?
- Have you given any thought to your Exit Strategy?
- Have you even wondered whether you could have one?
- Are you saying to yourself “what have I got to sell anyway?”
Time we had a chat…
The differing business models of which I spoke have taken shape very nicely. They enable a fair and equitable option for Consultants and Freelancers alike to Exit in a far more strategic way. No surprise there’s the element on the Online leverage as well.
This is especially important for those who understand they have value in what they do, in what they’ve done but have NO idea how to extract it post the personal presence, other than a potential trade sale, which will not glean much if it’s solely reliant on the one person, as you know!
Happy to explore the options, as appropriate… you just need to contact me.
I’ll also take a bit of time exploring these options as we go too…
by theEmother | Jan 13, 2014 | business ideas & thinking, Consultant EXIT Options, entrepreneurial mothers, MEinc, single parent l single mother, so you think you're in business, start with the end in mind
“Social psychologists have determined that primitive humans, in their struggle for existence, developed the ability to judge other people almost instantly along two categories of perception, which are known as warmth and competence. In fact, all humans have a primal, unconscious ability to make these two crucial judgments with a high degree of speed and accuracy: What are the intentions of this person toward me? And how capable are they of carrying out those intentions? […]
We apply these warmth and competence judgments in all our relationships, including those involving commercial transactions. Companies and brands have the same capacity to stir up these hard-wired primal passions as people do, and we engage with them on the same basis. We experience feelings of affection and admiration for companies and brands that treat us well, and we feel insult or even rage when we believe that one of those companies has given us poor service or cheated us. […]
Unfortunately, our studies show that most companies and brands fall well short of customer expectations on both warmth and competence. They are seen as selfish, greedy, and concerned only with their own immediate gain. The constant pressure for faster and larger profits raises the question of whether most of them can ever meet the standards for trust that we all unconsciously expect from everyone we interact with.”
By Chris Malone for ChangeThis.com
