The powerhouse of motivating mum’s, Alli Price, invited me to speak on one of her recent Google Hangouts. Once I got the technology sorted (!), it was all systems go and it is now proudly displaying on her youtube channel. Please, go check it out…
http://www.motivatingmum.com It’s great launching and running a business but your eye should always be on the prize – selling your business successfully! Check out these great tips from Denise Hall, The Entrepreneurial Mother
On this one I talk a lot about FREEDOM.
Why did you start your business in the first place?
How well is that working for you?
What are you going to do about it if it is not working out as planned?
Recently, this article was published on the Australia Small Business Blog, with my contribution focused predominately on the benefits of using a Business Broker, like my good self:
“If you are going to be dealing with a business broker, make sure they are licensed with the relevant State body. The Australian Institute of Business Brokers (of which I’m a member!) has links to the various State licensing authorities. When exiting your business, you should seek some professional advice – however even an accountant or solicitor have limitations on the scope of the guidance they can offer around the valuation and sale of a business.
A qualified business broker can help in many ways. They will prepare you for the due-diligence that a buyer conducts. They know that a buyer or investor besides looking at the current profitability of the business, evaluates the extent to which it can run independently of the seller, as well as examining the scale-ability of the business. In other words, it’s capacity to actually handle growth and maintain profitability with any increase in the volume of sales generated”