by theEmother | May 9, 2013 | build a Mother of a Business, business ideas & thinking, so you think you're in business, the business model
An idea has been rolling along, sometimes with momentum and other times stalled, for 14 years now. It is still almost the centre of the Dreamers world. Money has been spent, aeroplanes have been boarded, presentations have been made, so many coffees, lunches and dinners consumed… but has it all worth it? Will the “thing” ever get over the line?
Well, the Dreamer thinks so. Met him for coffee today (yes, another one) and got the updates on the status of a number of ongoing projects, all related to the BIG dream. With a select few that help keep it alive, there’s lots of interest (always is), lots of talking (always is), lots of nothing concrete happening though and lots of no money following suite! When do you cut your losses and stop?
“Never” is his response. It’s the reason he gets up in the morning and the reason he says up late at night. He firmly believes the world will be a better place once the BIG idea kicks in, which provides the ongoing flame to keep stoking the fire. If the Dream fuels the activity, is that such a bad thing? Regardless of whether it eventually ignites, or not?
Who are we to say? Maybe the world will be a better place and maybe it won’t. But if it provides a fire in the belly that drives continuous activity rather than instead performing veggie-like curled up on the couch, isn’t that the payoff? All hail to him I say, gotta love the commitment…
by theEmother | May 8, 2013 | BUY a Business, Buy a Mother of a Business, the business model
The business is part of a National network (in excess of 60 studios) that offers non-surgical weight loss treatments.
About the Business:
• Established in July 2012 with brand new premises, fit-out and equipment.
• Very desirable location with good catchment of potential clients.
• Straight forward operation with trained employee.
• Documented procedures.
• Use of well established brand name without the complication of a franchise.
• Low operational costs associated with running the Studio as there are no ongoing consumable costs.
• Does not require highly skilled labour to administer the treatment and this sets it apart from other passive weight loss treatments in the market.
• Demonstrated results with extensive scientific research, and is not based on any “gimmicks”.
• The business is operated mainly by the employees.
Note: This is NOT a franchise and there is no costly ongoing royalties. Each business operates independently, yet can leverage off the branding and marketing.
Due to altered circumstances the owner needs to change the original plan and will offer this business opportunity to a new owner who can take advantage of all that has been set up.
For all details: http://businessbrokers.com.au/view_listing.php?OID=5481369
by theEmother | May 7, 2013 | build a Mother of a Business, business ideas & thinking, so you think you're in business, the business model
I had received a SOS from a dear old colleague of mine, who needed help with a project in Melbourne. Not wanting to have just anyone in there, given the delicate nature of the work… I agreed!
So today, I dusted off my old Consulting hat and spent time on Client site for the first time in a long time.
Whilst my visit will be quick and focused, being back in a corporate environment reminded me of why I much prefer Small Business! Talk about struggling to get stuff done and bottlenecks and pillars of paper and ruling by fear or favour… in one day, all was revealed.
Small business is definitely a whole lot more agile and can jump more readily through the hoops, sometimes required. However, like many businesses I see, this company is making money in spite of itself, lots of it.
By virtue of making oodles of money though, does that mean the processes have to be so archaic to warrant keeping the people they do? I’m not suggesting jobs be cut but streamlined processes will leave them to do the stuff they’re really good at!
Once a Small Business can nail the nimble to the cashflow and not only out-fox but also out-deliver their larger counterparts, the sooner they to will bask in the delight of making money in spite of themselves..,,
by theEmother | May 6, 2013 | build a Mother of a Business, business ideas & thinking, EXIT execution, exit strategy, Finish Unfinished Business, so you think you're in business, the business model
Today I spent time in a meeting that I had arranged but was being led by another party. The reason for the meeting was to help the Business Owners “get clear”…
“Get Clear”about what? About their options, as opposed to pinging around from one option to another in the hope that one sticks!
This is what happens when you don’t know who to talk to, nor do you know how to find the right person. Mind you, it happens to all of us when we are moving into new territory!
When it’s a big ticket item like hanging on to 100% of your business that is on the cusp of greatness, where capital raising is required, there’s nothing more disheartening than to find you not only don’t meet bank criteria and the accountant offers you details on your situation but is not able to direct you much further, unless you’ve got family and friends with deep pockets, what do you do?
Fortunately I was in a position to assist these particular clients, hence the meeting today. The beauty about the meeting today was having a learned colleague who could ask all the right questions and have a pretty clear idea on how to assist.
It went so well that a proposal is under construction… Fingers crossed it all works out so they can win the “first prize” they’re after!
by theEmother | May 3, 2013 | Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, TEMpting
GET YOUR SCORE!
If any of the following tickle your fancy,
please contact me by emailing sell@theentrepreneurialmother.com
letting me know which one it is…
BS2 = Online Retailer
Plan B – Due Diligence concluded, to be settled early May
PENDING
*
BS8 Waiting on Seller
Change of plans due to recent events…
ON HOLD
*
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.
Proposal offered, awaiting response.
*
BS11 = Hairdresser
Completed Sellability Score.
First chat April 8. Waiting on Stage 2 financials.
*
BS13 Specialist Equipment Provider
Completed Sellability Score.
Recommendations being pursued with favourable feedback.
ON HOLD
*
BS14 Leading Book Supplier
Completed Sellability Score
Financials received, more to come. Currently going through refinancing dramas!
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BS15 #1 in Google for This Offering
Completed Sellability Score
Offer made and support decisions to progress awaiting advise. Family issue delaying process.
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BS17 Specialist Offering
Completed Sellability Score
Analysis done and advised. Decision NOT to sell made.
Now using Sellability Score information as a Business Plan – in Reverse!
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BS19 Leading Wedding Services Provider
1st meeting had, waiting on Stage 2 financials – due in next week
*
BS20 Window Cleaner
“Sellability Score” completed
“Snapshot” delivered with offer to discuss what to do about low score. Awaiting response.
*
BS22 Business “Consultancy”
Completed Sellability Score
Stage 2 of process in play, financials requested
*
BS23 Health and Well Being Salon
1st meeting done and engagement forthcoming.
Goes to market next week
*
BS24
Beauty Salon with a Twist1st meeting to explore options
not sure what they want to do but “first prize” is to raise capital and roll out more stores
arranged meeting set with capital raiser May 6
*
BS25
Sales and ServicesCompleted Sellability Score
Proposal offered, awaiting decision
The “Sellability Score” reports continue to dribble in each and every week.
More calls to make as a result and more emails to send 🙂
Onwards and Upwards!
