John Denton on Getting Businesses Ready For Sale

A business that's 'ready for sale' is well worth keeping!

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Business Ready For Sale Services

According to a survey of small and medium business owners conducted by RSM Bird Cameron* in 2013, 56% of owners do not have a plan for selling or exiting their business. Yet 34% of those surveyed expect the proceeds from the sale to fund their retirement. The situation has got any better since this survey!

It can take as long as 3 years to really turn your business in to a valuable and saleable asset.

*Research statistics from RSM Bird Cameron SME survey and report Think Big 2013

One reason we’re seeing this worrying situation is the dramatic fall in the value of superannuation funds since the global financial crisis started. Small and Medium Enterprise (SME) Business owners are in danger of retiring without sufficient funds to maintain their lifestyle in retirement.

Also, from my experience as a business consultant / coach and former business broker the majority of business owners have no idea how they are going to exit their business with any equity at all. It’s a sad state of affairs.

Quite often business owners I meet have an inflated view of what their business is worth, do not have an exit strategy and in many cases their business is unsaleable. It doesn’t need to be like this!

There are some simple things that business owners can do to avoid exiting their business without a good payout, but they need to start NOW! It’s no use waiting until they want or need to sell.

I am committed to helping business owners get their businesses in to a ‘ready for sale’ state, because a business that is ‘ready for sale’ is WELL WORTH KEEPING!

Being a former Business Broker I also coach business owners through the process of selling their business privately. See my offerings via the tabs under SERVICES in the navigation bar at the top of this page. In summary;

  • Business owner mentoring groups – established businesses
  • Business owner mentoring groups – new and start-up businesses
  • Business ready for sale half day seminars and workshops
  • One on one consulting to develop a business ‘ready for sale’ and increase its value
  • Business ready for sale assessments
  • Coach business owners through the process of selling privately
  • I also conduct webinars on getting businesses ready for sale
  • Speak at seminars, conferences and facilitate workshops and groups

Also, through my network of associates I can usually find an expert provider of just about any product or service to add value to a business. To bring a team to bear upon a business to achieve the best possible result.

Whether you want to get your business ready for sale and sell it in a month or 3 years, we have a service for you! Maybe you just want to keep the business for cashflow – that is fine as well. The principals are all the same. We have something for you.

Check out my my next “7 Steps To Turning Your Business In To A Saleable Asset – Getting Your Business Ready For Sale” short 2 1/2 hour workshop. Click the button for more information:

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Explore the site, read the articles and feel free to leave comments. Contact me via the CONTACT US tab at the top of the page.

 

 

Turn Your Business Into A Saleable Asset

John Denton on Preparing a Business For Sale

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