All posts tagged start with the end in mind

ARTICLE: motivationsmagazine.com “Start with the End in Mind”

Recently, the 2nd of my articles for the motivations magazine.com was published. Most pleasing! And it goes like this… During the Retirement and Estate Planning process, “Ownership of Assets” forms part of the discussion. Where one of the assets is a business, and it is a primary contributor to the Estate, it makes perfect sense to ask a number of provoking, asset-protection, risk-minimisation questions. The questions are best offered from both a proactive and a reactive viewpoint. Taking such initiative is paramount for ALL business owners who seriously want to successfully transition their business while they are in the best…

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Podcast: How to Avoid the Pitfalls of Selling Your Business – a conversation with Lorraine Pirihi

Podcast: How to Avoid the Pitfalls of Selling Your Business – a conversation with Lorraine Pirihi by Denise Hall on Mixcloud I had the pleasure of talking with Lorraine Pirihi, from Relaunch your Life, about what is involved in selling a business and why it is imperative to start the process early. Yes, that old chestnut. Start with the end in mind, regardless of how old the business is! There’s much to consider, but the main takeaways are: Formulate your “A” team Understand timelines Be prepared to invest in accessing the specific skills sets you need to help Get the…

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Podcast: Denise Hall talking Buying a Business on “Taking Care of Business rpp.fm” with Jackie Mitchell

Taking Care of Business – How To Successfully Buy A Business (or Start Your Own)T by Denise Hall on Mixcloud A most interesting show last Friday on “Taking Care of Business rpp.fm” with Jackie Mitchell. Not only did we discuss the initial thoughts processes around Buying a Business, we also talked Customer Service with a local and a national award winners. Most thought provoking and well worth a listen. Be my guest.

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there are many ways to Exit….

Met up with one of my favourite clients today. We have been on the “start with the end in mind” journey for 18 months and it continues to evolve. The beauty of going through this process over an extended period is that we explore, we try, we talk, we DO and we get closer to what the ideal exit will be, from their individual perspective. When we started the process, it was about “renovating” the business ready for sale. Take it to market, sell it, get the cheque and eventually leave. But as we’ve continued down the path, the business…

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to add an equity partner or not to add, that Is the question?

I’m always curious to know why Business Owners quite freely jump to the suggestion of bringing in an equity partner when thinking of growth. Especially if they claim they have funds to add to the pot! Whereas the option of Growth by Acquisition rarely gets a look in. I’m not suggesting for one minute that it’s not an option, not at all. But it is often flippantly thrown about as one of a number, almost without real considered thought behind it. Knowing someone, whether it be for a long time or short, does not mean you know what they will…

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Podcast: Denise Hall talking The Business You’re Selling, What Am I Buying Exactly?

  Denise Hall talking The Business You’re Selling, What Am I Buying Exactly? businesssuccessradio by Denise Hall on Mixcloud Starting a business is a BIG deal. Building it to become more than your hobby is even bigger again. In fact, building your business into an asset may result in it being possibly the largest asset you’ll ever own, or second maybe to your home. If trying to sell it is what you eventually want to do, then get strategic about WHAT it is you’ve got to sell, how it is someone else could do it and therefore who that special someone…

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Podcast: Why Start with the End in Mind when thinking of selling your business?

Denise Hall talking Why Start with the End in Mind on businesssuccessradio.com.au by Denise Hall on Mixcloud The most important place to commence to “start with the end in mind” is “Why”… Why did you go down the path of setting up your business? For what purpose does it serve? Why do you now want to move on? Why should a buyer be interested in taking this off your hands? With any “why”, there has to be two parts… a) why the world is a better place as a result of doing business with you (the external driver of the…

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Podcast: Start with the End in Mind; regardless of how old your business is…

Denise Hall talking “Start with the End in Mind” on businesssuccessradio.com.au by Denise Hall on Mixcloud Greetings fellow Business Owners on businesssuccessradio.com.au My name is Denise Hall, of “the entrepreneurial mother®” fame, ex Business Owner turned Exit Strategist and Business Broker. We are gathered here today to introduce how to Start with the End in Mind regardless of how old your business is! This is the first in a series where I will be covering all things “I don’t want to do this business any more”. Having someone like me to talk you through this thought process (and don’t I wish…

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How to Restart your Creative Juices! Little Bets: Think Differently

“Inventing the Future” is what Selling your Business is all about. Certainly, developing your exit strategy goes some way in making that become a reality, especially if looking to use the sale as a springboard for your next add-venture… Our education system places great emphasis on teaching us about facts that are already known, such as historical information or scientific tables, and then testing us in order to measure how much we’ve retained about that body of knowledge. Those skills work perfectly well for many situations, but not when doing something new. Or creative. Or original. They certainly won’t help…

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Announcement: Farewell to aCE talentNET, it’s been a fabulous ride…

As announced in the latest aCE talentNET Professional Edge; Well, the time has come to bid a fond farewell to all friends and colleagues of aCE. From this day forward, Denise Hall (ie me!) will no longer be part of the aCE inner sanctum! After 15 years approx, it is time to move on and expand my horizons. Be safe in the knowledge though that Deirdre Gruiters is not going anywhere and aCE is operating business as usual. The only real difference is that I will no longer be behind the scenes. It has been a pleasure and an honour…

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