by theEmother | Mar 10, 2014 | events, inspiring women, MEinc
COME ONE, COME ALL…
PartyParents – a night out for parents and their pals.
Why not treat yourself with a night out!
The aim is that we have a fun night out for parents where you will know the music and won’t be hanging out with a bunch of 20 year-olds! Think of it like a 40th birthday party x 10 – with great tunes you know and you won’t be the oldest in the room!
Feel free to spread far and wide!
March 22
8pm
Bobby McGees Melbourne
Bookings Essential www.partyparents.com.au
Full details are as follows:
by theEmother | Mar 7, 2014 | build a Mother of a Business, business ideas & thinking, Buy a Mother of a Business, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, Sell Your Business, SELL your Mother of a Business, Sellability Score, start with the end in mind, TEMpting, the business model
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
RANT: how can Buyers buy Small Businesses without lending?
Why do lending institutions make it so hard to borrow, especially in the $500,000 – $2mil range of borrowing required.
What happened to lending against the business as opposed to now having to use the family home. Sometimes, not even giving up your first born will suffice!
Yes, I understand all the logic. It however will not enable those who want to grow up to be Business Owners (especially when it may be the only option they’ve got, given they seem to be “unemployable”) to get in the market any time soon.
Surely someone one can come up with a product that can satisfy all requirements and be fair and reasonable.
I challenge those of you in the lending space to get clever and lateral and assist in the kickstart of a new chapter for many…
GOT A WEBSITE FOR SALE?
If you want to do sell a website or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS30 Online Venue Business
Completed Sellability Score
One meeting booked for March and details requested from two others. The main focus seems is on the custom-built technology platform this business runs on and the data it collects as a result..
BS49 Home Help…
One party is very interested. The potential has been well and truly revealed so it’s down to price and the level of comfort required to “pull the trigger”, as they say in the classics! Potential buyer now on the hunt for lending…
BS53 Balloons! and all that goes with them…
Such corporate appeal, so untapped. It’s waiting for the savvy operator that can see past the retail component and tap into it’s possibility as a warehouse servicing the larger players. Bit stuck on this one now!
BS57 Online Business
Signed good to go. It’s making money! Have received signed authority’s and in the process of developing the IM now. Stay tuned.
BS60 Advertising and Events agency
Authority signed. Good to go…
Others I’m talking too.. are you interested in?
- a particular event
- project management of large Melbourne events
- specialty educational toys
- niche in building trade (via Sellability Score)
- sales and services
- merchandise
- magazine
If yes, let me know as these revealed themselves this week…
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
by theEmother | Mar 6, 2014 | build a Mother of a Business, business ideas & thinking, buy | sell websites, Finish Unfinished Business, Online Strategy incl. www, so you think you're in business, the business model
Of late, I’ve had quite a few website owners come to me saying they want to sell… excellent. But (following on from yesterdays post), when asked to “prove” what they’re telling me, they go very very quiet. So what’s going on?
Whether it be a business or a website, you still need to answer these questions:
- have you been able to make a go of your Business/website?
- Is your business/website making a profit?
- How does your Business/website make money?
Just because it’s a website does not make the answers to these questions any less important.
Having a website for sale implies similar criteria is being taken care of, as is for a business ie::
o a database of clients/customers
o systems in place (which may be technology driven)
o Google presence
o looked after its position
o growth potential
o automated, so it’s not reliant solely on the owner
o numbers that make sense and can be verified
o measurable ways of indicating how all of the above makes profit!
o assuming all goes ahead, options on how to make the sale happen
Bottomline = how can you prove what you are claiming?
Selling a website is no different from selling a business really.
It’s not called an Online Business for nothing!
The business model may be what’s different but the fundamentals still apply…
by theEmother | Mar 5, 2014 | build a Mother of a Business, business ideas & thinking, Finish Unfinished Business, Online Strategy incl. www, so you think you're in business, start with the end in mind, the business model
Lets review how well your Business sells itself, both online and offline. What I mean by that is…
- have you been able to make a go of your Business?
- Is your business making a profit?
- How does your Business make money?
A learned Broker colleague once said to me:
“What a buyer buys is profit, the reason they buy it is the potential”.
If you’re not able to demonstrate how you have made a go of your Business, how it is turning over revenue, paying all its bills and leaving profit for you as the owner, to do with what you will… then how can you expect a prospective buyer to believe that it’s possible and be able to weight its value.
Granted, there is always the acquisition of a business from a strategic point of view (ie buy it for its client list only for example), but that really does depend on a particular type of buyer,and they’re not likely to reveal that to you, the seller, are they?
Having a business as an asset implies certain criteria is being taken care of, that it has:
o a database of clients/customers
o systems in place, and ideally automated
o brand presence
o looked after its IP
o growth potential
o management, so it’s not reliant solely on the owner
o numbers that make sense,and have been reported
o measurable ways of indicating how all of the above makes profit!
o assuming all goes ahead, options on how to make the sale happen
Bottomline = how can you prove what you are claiming?
If any of the above cannot be qualified, then it raises the question of whether this business is actually an asset, or as good as first portrayed, ready for sale.
The answer may very well be no.
However, that’s not to say that parts of the whole cannot be sold and some payback realised. It may mean though that the vision of grandeur dreamed about come sale day will not eventuate after all…
Start with the end in mind TODAY, regardless of how old your business is, and slowly but surely think through how well you can demonstrate and illustrate what your Business does, what you can do to improve it, restructure it, have it show the profit that all Buyers are looking to score!
by theEmother | Mar 4, 2014 | business book club, business ideas & thinking, entrepreneurial mothers, events, inspiring women, MEinc, so you think you're in business, women in business case studies
Don’t wait to be rescued or discovered by anyone, and for heaven’s sake, don’t wait to be given permission from the principal’s office to take full ownership of your own destiny. You gotta do it yourself.
Step forward out of your own lingering residual sense of smallness, take up every inch of life that is your blessed inheritance, and DO YOUR THING.
Today.
continue reading here…
DO YOUR THING…
3 very powerful words
I had the great fortune of seeing Elizabeth Gilbert last night (in Frankston VIC of all places) and she was fabulous. Thought provoking, genuine, care and sharing, an all-round good human being. Really pleased I made the effort to go (as you know, it’s easier to say No).
Above, for me, was one of her key takeaways and one in which she openly demonstrates by her DO YOUR THING living .
Where are you on the DO YOUR THING scale, between 1 and 10 (10 being so doing it!)?
Anything below 7 needs a rethink, a strategy even…
interested?
