Is your business saleable and what is it worth on the open market?
When did you last have a business appraisal or ‘ready for sale’ assessment’? Chances are that you have never had one.
I believe it is something you should do at least annually.
Let me make it clear at this point that it is not necessarily all about selling your business once and dashing off in to the sunset with all the money and never being seen again. Of course, that is one option. However, my point is always that a business that is ready for sale is WELL WORTH KEEPING!
A business that is ready for sale is a profitable commercial enterprise which runs without the owner having to be there!
You could use the profit stream to fund your lifestyle or retirement OR you could sell your business many times over as a franchise or under a license arrangement.
Whatever suits you.
The important thing is to give yourself OPTIONS!
The starting point is to know where you stand today:
If I want to sell and exit, what is it likely to return me right now?
Is now the best time to sell or should I wait?
Is my business saleable?
What can I do to make my business attractive to buyers?
What can I do to make my business worth more?
These and many more questions are addressed in our “business ready for sale” assessment.
There are two levels of assessment;
Basic: This just gives you a market appraisal of the range in which I expect you would get offers in.
BRFS: This is a full ‘business ready for sale assessment’ which includes the market appraisal but also results in a comprehensive business report covering all the non-financial elements of the business as well.
Advanced BFRS: Includes every thing in the appraisal and BRFS Assessment but also includes strategies and recommendations to improve the saleability and value of the business.
Please drop me a message via the CONTACT US form to get more details and discuss which option is for you.