TEMpting: how Business Sellers and Buyers have been tempted this week…

GET YOUR SCORE!

 

If any of these tickle your fancy,
please contact me by emailing  sell@theentrepreneurialmother.com
letting me know which one it is…

 

 

 

BS2 = Online Retailer
Heads of Agreement prepared, waiting for signatures…

BS3 Waiting on the Seller

 

BS7 Online Fashion Retailer
Completed Sellability Score.
SOLD!
 
BS8 Waiting on Seller
No joy with previous broker, conversation resumes…

 

BS9 = Specialist Leadership and Talent Management Provider
Completed Sellability Score.
Looking to a 2013-14 kick off, getting all ducks in a row in the meantime.

 

BS10 = Specialist Offline Retailer
Completed Sellability Score.
1st meeting completed, next steps discussed.
Promising! Waiting on financials.

 

BS11 = Hairdresser
Completed Sellability Score.
First chat booked April 8.

 

BS13 Specialist Equipment Provider
Completed Sellability Score.
Recommendations being pursued with favourable feedback.

 

BS14 Leading Book Supplier
Completed Sellability Score.
Financials received, analysis booked to be done next week.

 

BS15 #1 in Google for This Offering
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.

 

BS16 Furnishings Importer, 60% owned.
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.

 
BS17 Specialist Offering
Completed Sellability Score
1st meeting completed, Stage 2 financials received, analysis to be done next week.

BS18 Beauty Salon
Came in late today, process to commence next week

The “Sellability Score” reports continue to dribble out each and every week. 
More calls to make as a result and more emails to send 🙂

 

Onwards and Upwards!

 

TEMpting: how Business Sellers and Buyers have been tempted this week…

GET YOUR SCORE!

 

If any of these tickle your fancy,
please contact me by emailing  sell@theentrepreneurialmother.com
letting me know which one it is…

 

 

BS2 = Online Retailer
One serious contender it would appear. Should be sorted by next week.

BS3 Waiting on the Seller

 

BS7 Online Fashion Retailer
Completed Sellability Score.
SOLD!

 

BS8 Waiting on Seller
Was listed with another but no luck to date
Time to follow up next week.

 

BS9 = Specialist Leadership and Talent Management Provider
Completed Sellability Score.
Looking to a 2013-14 kick off, getting all ducks in a row in the meantime.

 

BS10 = Specialist Offline Retailer
Completed Sellability Score.
1st meeting completed, next steps discussed.
Promising! Waiting on financials.

BS11 = Hairdresser
Completed Sellability Score.
First chat booked March 26.

 

BS13 Specialist Equipment Provider
Completed Sellability Score.
Recommendations being pursued with favourable feedback.

 

BS14 Leading Book Supplier
Completed Sellability Score.
Financials received, analysis booked to be done next week.

 

BS15 #1 in Google for This Offering
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.

 

BS16 Furnishings Importer, 60% owned.
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.

 

The “Sellability Score” reports continue to dribble out each and every week. More calls to make as a result and more emails to send 🙂

 

Onwards and Upwards!

 

Can you still sell a business when you don’t own all of it?

Sellability+Score_Logo

The short answer is “yes”. But like anything else, it’s all about finding the right buyer!

Today, one such seller came into the office. He had completed the Sellability Score. He wanted to pursue a further conversation. He owns 60% of an established profitable business. He wants to get his equity out and doesn’t think the others partners can afford it. What to do?

We discussed a number of options, leaving him with some thinking to do and a few lifestyle decisions to make. At the very least, he will get us to do a valuation so that any potential buyer will know what they are buying into, from a financial point of view.

Whether we end up structuring the deal internally or externally, I’m confident he will utilise our services because he is confident we know what we’re doing, always the ideal place to start…

 

TEMpting: how Business Sellers and Buyers have been tempted this week…

Get your Sellability Score…

If any of these tickle your fancy, please contact me by emailing  sell@theentrepreneurialmother.com letting me know which one it is…

BS2 = Online Retailer

More offers received, more expected… just not quite hitting the mark.
The momentum continues to build. What will the crescendo bring?

BS3 Waiting on the Seller

BS7 Online Fashion Retailer
Completed Sellability Score.
This one moved quickly. A great start-up price for the new business owner. Contract stage now.

BS8 Waiting on Seller
Was listed with another but no luck to date
Looking to get it moving but waiting out agreement period

BS9 = Specialist Leadership and Talent Management Provider
Completed Sellability Score.
Looking to a 2013-14 kick off
Getting all ducks in a row in the meantime.

BS10 = Specialist Offline Retailer
Completed Sellability Score.
1st meeting completed, next steps discussed.
Promising! Waiting on financials, slowly starting to come through.

BS11 = Hairdresser
Completed Sellability Score.
First chat to be booked.

BS12 SOLD Leading Niche Training Provider

BS13 Specialist Equipment Provider
Completed Sellability Score.
1st meeting led to much discussion and interest.
As a result, a number of options being considered.

BS14 Leading Book Supplier
Completed Sellability Score.
Up to Stage 2. Waiting for financials.

BS15 #1 in Google for This Offering
Completed Sellability Score
phone call information gathering March 19

The “Sellability Score” reports continue to dribble out each and every week.
Calls to make as a result 🙂

Onwards and Upwards!

when Illness comes to call on Business…

Today, I was talking to a business owner, who had recently completed the “Sellability Score”. When asked why the business was to be for sale, the answer brought a sad, sigh from the owner; joint owner actually.

To explain, the tragic fact of the matter is that the husband has been diagnosed with cancer, requiring so many new and scary decisions to be made. What to do with the business is one of them.

Regardless of their decisions from now on, the shock of the outcome has shaken them to the core. They thought they might hang on to the business as it provides the cashflow but then, do they still need it? It’s also a business that has been around for a long time and for all intents and purposes, is successful. But, but, do they don’t want to give it up as it’s been part of their life for so long?

The conversation came around to there being only two true things you can invest in a business, time and money (thank you Robert Kiyosaki). When push came to shove, they really don’t need the money but of course they DO now want to hang on to the time…

So the decision has been made and the business will go to market.

If you were put in the same situation (heaven forbid), as  at today, what decisions would you make? Could you make? If you don’t like the answer, and you still have time on your side, take a good hard look at your business and what you want to do with it, starting today!

 

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