Finish Unfinished Business to GET OUT!

Finish Unfinished Business to GET OUT!

So, you’ve gone down the road of being a Business Owner.
You had a terrific idea and came out all guns blazing!

Then over time, it has slowed, stagnated, as have You.
It’s now got to a point where, for whatever reason, it is no longer working for you.

The fizz has lost its pop!

You want time and headspace to explore other options.

Is it time to bring your business to the conclusion you both deserve… that is, to GET OUT.

By not thinking about how to “Change the Ending” may result in the blood, sweat and tears, time and money you’ve invested, being all for naught, nada, nil!

There is no quick fix with taking this road, other than to pack the Business away with the toys.

Do you really want to do that? Are you really OK with getting no payback for your once grandmaster plan?

If not, then there’s work to be done…

PODCAST @TheDealRoom – Spotlight on Business Sales with Denise Hall, Business Broker

PODCAST @TheDealRoom – Spotlight on Business Sales with Denise Hall, Business Broker

In was a delight in speaking with Joanna Oakey of Aspect Legal, and creator of The Deal Room Podcast about the Business Sale journey, what to look out for and why knowing what your business is worth at any given time is really important, for now and into the future.

The Entrepreneurial Mother - Denise Hall on @TheDealRoom podcast

From vendor to broker, Denise Hall trod a unique path to her role now as business value analyst, exit strategist and broker. In this episode Denise shares the things she wishes she had known when she was selling her own business and how to keep sale ready. We also delve into a discussion about what accountants and professional business advisers should be doing when they’re dealing with businesses as they grow and evolve into something that one day might be ready to sell.

PODCAST-@TheDealRoom-The-Entrepreneurial-Mother-Denise-Hall

 

LIVE EVENT: “Business Ownership Is NOT a Life Sentence” YTM Networking with a Twist- KEW

LIVE EVENT: “Business Ownership Is NOT a Life Sentence” YTM Networking with a Twist- KEW

Wed. 16 August 2017, 6:00 pm – 8:30 pm AEST @ the Skinny Dog Hotel, High St Kew.

You’re invited to join us in a warm, friendly and supportive environment where you’ll benefit from a combination of open networking, strategic introductions and an expert speaker with ideas and practical tips on a relevant business issue.

As business owners ourselves, we know that time is a scarce and non-renewable resource. That’s why we’ve designed a different type of networking event that delivers maximum value in minimum time with personal as well as professional rewards.

In addition to ample opportunity for conversation during open networking and table conversations, this month our valuable insight is:

BONUS insight : “Business Ownership is not a Life Sentence …you can GET OUT” proudly brought to you by me!

How Saleable is your Business? Is your Business Ready to Sell at a moment’s notice?

Building a Business into an Asset may result in it possibly being the largest asset you’ll ever own, if not second after your home. So NOT “Starting with the End in Mind” (regardless of how old it is) when you’re ready can result in all the blood, sweat, tears, time and money you’ve invested resulting in close to nothing!

Knowing how to build a business that’s worthy, understanding where its value lies, finding a way to GET OUT as profitably and seamlessly as possible, means you need to think about what needs to be done and how to do it

You will then be able to

• define what it means to have a saleable and profitable business
• identify the key attributes a buyer will look for
• determine your business strengths and the advice you will need

To book, please follow this link:
https://www.eventbrite.com.au/e/ytm-networking-with-a-twist-kew-bonus-insight-business-ownership-is-not-a-life-sentence-you-can-get-tickets-36220755254

PODCAST: Talking Selling Your Business on the Business Addicts Podcast

PODCAST: Talking Selling Your Business on the Business Addicts Podcast

In this episode of Business Addicts Podcast, we discuss Selling Your Business:

  • The issue many business owners often find themselves in, where they become trapped in an unsellable business because the business is heavily reliant on them as the owner.
  • The difference between building a business as a job replacement and building a business as an asset
  • The importance of recording and systemising work practices so that business becomes less reliant on you as an owner.
  • The pros and cons of productising services to differentiate your business offerings and giving you the ability to scale.
  • The different stages of the business lifecycle.
  • How to know when your business is ready to sell.
  • The importance of planning for the tax implications when selling your business.
  • The different types of people who buy businesses and how that can impact what they are prepared to pay.
  • How to calculate what your business is worth.
  • The value of “poking the market” rather than winding up your business, even if you don’t think your business is saleable.
  • What you need to do to put your business on the market.
  • How to attract the right buyers who will pay what your business is worth.
  • What’s involved in a business sales transaction and are there any pitfalls we need to look out for.
  • How long it usually takes to sell a business.
  • The various options available to you if you can’t find a buyer for your business.
PODCAST: Talking What Your Business Is Worth with Annemarie Cross of The Ambitious Entrepreneur

PODCAST: Talking What Your Business Is Worth with Annemarie Cross of The Ambitious Entrepreneur

Had the absolute pleasure to do the first Facebook Live for the Ambitious Entrepreneur Show, with Annemarie Cross, discussing all things What Is Your Business Worth? A most interesting experience which all went rather smoothly thanks for the impressive skills of Annemarie on the control panel.

It was a good solid conversation about what Business Owners should be doing in their business that will actually be of value come exit and/or sale time. Many Business Owners are guilty of doing the activities they like to do and are even good at, as opposed to the ones that add the most value and need to be done.

My view is why be in business if you’re not planning to build it into an Asset?

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