Time is running out for business operators to take part in what promises to be the an essential small business event delivered directly to you online.
Featuring myself plus 60 more presenters and spanning 11 days, the Small Business Skills Summit runs from August 6 to 16 and features a daily lineup of presenters delivering their insight and expertise into the essential tools all businesses require.
Attendees can pick and choose the presenters they wish to see, engage in question and answer forums, or enjoy the convenience of accessing information for three months after the event. And it all takes place in the comfort of a business operator’s office, home or even while you’re on holidays.
The Inaugural Small Business Skills Summit will cover all the essential areas of business, with topics including business mindset, identifying the ideal customer, wellbeing, the business bottom line, and marketing.
The event will also feature handouts, key takeaways and be supported by dedicated Facebook community where presenters will be available on the day of their presentation to answer any questions about the topics covered.
This August, business operators will have the unique opportunity to access some of the finest experts in the small business realm, courtesy of a skills summit delivered directly to them online.
Featuring myself plus 60 presenters and spanning 11 days, the summit will cover all the essential areas of business, with topics including business mindset, identifying the ideal customer, wellbeing, the business bottom line, marketing and how to get out!
Attendees can pick and choose the presenters they wish to see, engage in question and answer forums, or enjoy the convenience of accessing information for three months after the event. And it all takes place in the comfort of a business operator’s office, home or even while they’re on holidays.
An initiative of Business Business Business, the Small Business Skills Summit was designed to offer business owners the best tools and expertise available in a convenient, accessible form.
“We know the power that knowledge and learning offer businesses, and we also get that the demands of being a small business owner make it hard to get away to attend seminars for days”
“That’s why this innovative seminar has been crafted to deliver skills and advice directly to their door.”
Months in the planning, the Small Business Skills Summit lineup features experts ranging from business coaches to PR and marketing professionals, accountants and seasoned entrepreneurs.
It will provide an insight into business best practice but also offer a forum for business operators to ask questions of presenters.
The summit is supported by handouts and a dedicated Facebook page where presenters will be available immediately after their presentation to take questions on the topics covered.
Business operators can opt to log on and watch a presentation, then take part in the Q&A on the day, or choose to watch the presentations at their leisure in the three months that follow.
Attendees can pick and choose the topics that interest them, or embrace the entire program for the full gamut of skills available.
The Small Business Skills Summit runs from August 6 to 16, with enrollments OPEN NOW
As a Business Owner, knowing what your business is Worth at any given time makes perfect sense, except not many know how to actually do so. This presentation goes some way to commencing the thought process (apologies for ordinary audio mid-point).
So I recently presented at the second of the Business Boroondara 2018 Super Networking Night series, where each facilitated evening is themed, with a guest speaker providing valuable tips and activities. At the session, I shared my insights on the topic ‘How to know what your Business is Worth’, as the local resident a Business Value Analyst, Exit Strategist and Business Broker.
The specifics of what I spoke about were recorded and can be listened to here.
Enjoy! If anything you hear raises any questions for you, please ask… sell@theentrepreneurialmother.com.au
The thing about Online Businesses | Websites these days is that the market has been around long enough whereby there are businesses of quality, with verifiable statistics and easier to follow financials. So the information collected is more capably captured and consistent.
Trying to sell your business on your own, having not done it before, can be fraught with danger!
As the old adage goes, “You don’t know what you don’t know!“. There’s always the chance that you luck your way through, and all hail to you if you manage to do so.
But what I know for sure is, as an experienced Business Broker, is that most do not sell, or sell well.
You (as the owner) eventually use a Broker after trying unsuccessfully.
In many cases, all that’s unfortunately been achieved is that it takes a whole lot longer to sell and by potentially taken your eye off the business ball, the numbers may then reflect the distraction (which is not good for sale purposes)…
So why consider using a Business Broker from the outset?
We are licensed to assist in the buying and selling of businesses, at the State level
We have insights, gleaned over many years, into specific industries or type of businesses
We maintain confidentiality of buyer/seller
We act as a buffer between the buyer and the seller
We have a working knowledge of accounting, financing, legal, marketing etc to avoid unnecessary surprises in a transaction
We play the role of the “conductor of the orchestra” and even the “project manager”.
If trying yourself is what you want to do first, then watch out for these common mistakes to avoid when exiting. Not:
Focusing on the bigger picture
Doing your own research of your own market
Thinking through the “risks” – almost impossible to be “risk free”
Entertaining a willingness to accept risks •Example: Special conditions that can “kill the deal”
Regarding the probability of things going wrong
Reviewing the seriousness of quantifiable damage
Budgeting for upfront costs
Adapting “generic due diligence checklist/template” to your needs or size of the transaction •Example: Using a checklist suitable for multi-million dollar enterprise on small businesses
Deeming it worth the extra expense to seek input from accountants and solicitors with your particular industry expertise, while maintaining an existing relationship with your accountant or solicitor.
Being sure of who or what professional to seek appropriate advise from
Understanding the limitations of what the professional advisors can provide
Giving appropriate instruction to the professionals engaged
The following are 5 tips to help enhance the sale price of your business… by answering these 5 questions, you are seeing your business popping on Buyers Goggles.
Is it:
Profitable?
Renovate-able?
Automate-able?
Scalable?
Saleable? (i.e. not revolving around you)
If the answer is no to any of these, then you/we have got work to do. Contact me.
