by | Dec 21, 2017 | Uncategorised
About this business of yours, has this year:
- surpassed expectations? well on the way to building an asset to sell
- done alright? hit milestones as foreseen
- plateaued? nothing much happened
- nose dived? a shocking year, be glad when it’s over
Whatever the answer is, was it good enough for what you wanted to achieve?
If yes, well done you – carry on! If not, what’s going to make 2018 any different?
Maybe it’s worth working out what the business is worth first, in today’s market, and then making decisions accordingly. Having appraised over 150+ businesses this year alone, I can work with you to ascertain the value first, and then work out next steps…
Think of it as my Christmas present to you! Ho Ho Ho
Email me to arrange.
by | Nov 28, 2017 | Uncategorised
In was a delight in speaking with Joanna Oakey of Aspect Legal, and creator of The Deal Room Podcast about the Business Sale journey, what to look out for and why knowing what your business is worth at any given time is really important, for now and into the future.
From vendor to broker, Denise Hall trod a unique path to her role now as business value analyst, exit strategist and broker. In this episode Denise shares the things she wishes she had known when she was selling her own business and how to keep sale ready. We also delve into a discussion about what accountants and professional business advisers should be doing when they’re dealing with businesses as they grow and evolve into something that one day might be ready to sell.
by | Sep 17, 2017 | Uncategorised
Did you know you can win a 30min mentoring session with some of the most amazing business women in Australia for the price of a cuppa!? Including 3 sessions with me.
@MotivatingMumOz is currently running Mummy Mentoring Festival, where 23 mentors have donated 45 mentoring sessions, all in the name of raising funds for @sharethedignity. This amazing charity oversees a number of initiatives that give back to Australian women and children in need, with a particular focus on victims of domestic violence.
Last bids are 10pm on Sept 25 so pop on over and take a look now: http://bit.ly/1Yxa8OY
by | Aug 7, 2017 | Uncategorised
Wed. 16 August 2017, 6:00 pm – 8:30 pm AEST @ the Skinny Dog Hotel, High St Kew.
You’re invited to join us in a warm, friendly and supportive environment where you’ll benefit from a combination of open networking, strategic introductions and an expert speaker with ideas and practical tips on a relevant business issue.
As business owners ourselves, we know that time is a scarce and non-renewable resource. That’s why we’ve designed a different type of networking event that delivers maximum value in minimum time with personal as well as professional rewards.
In addition to ample opportunity for conversation during open networking and table conversations, this month our valuable insight is:
BONUS insight : “Business Ownership is not a Life Sentence …you can GET OUT” proudly brought to you by me!
How Saleable is your Business? Is your Business Ready to Sell at a moment’s notice?
Building a Business into an Asset may result in it possibly being the largest asset you’ll ever own, if not second after your home. So NOT “Starting with the End in Mind” (regardless of how old it is) when you’re ready can result in all the blood, sweat, tears, time and money you’ve invested resulting in close to nothing!
Knowing how to build a business that’s worthy, understanding where its value lies, finding a way to GET OUT as profitably and seamlessly as possible, means you need to think about what needs to be done and how to do it
You will then be able to
• define what it means to have a saleable and profitable business
• identify the key attributes a buyer will look for
• determine your business strengths and the advice you will need
To book, please follow this link:
https://www.eventbrite.com.au/e/ytm-networking-with-a-twist-kew-bonus-insight-business-ownership-is-not-a-life-sentence-you-can-get-tickets-36220755254
by | May 22, 2017 | Uncategorised
In this episode of Business Addicts Podcast, we discuss Selling Your Business:
- The issue many business owners often find themselves in, where they become trapped in an unsellable business because the business is heavily reliant on them as the owner.
- The difference between building a business as a job replacement and building a business as an asset
- The importance of recording and systemising work practices so that business becomes less reliant on you as an owner.
- The pros and cons of productising services to differentiate your business offerings and giving you the ability to scale.
- The different stages of the business lifecycle.
- How to know when your business is ready to sell.
- The importance of planning for the tax implications when selling your business.
- The different types of people who buy businesses and how that can impact what they are prepared to pay.
- How to calculate what your business is worth.
- The value of “poking the market” rather than winding up your business, even if you don’t think your business is saleable.
- What you need to do to put your business on the market.
- How to attract the right buyers who will pay what your business is worth.
- What’s involved in a business sales transaction and are there any pitfalls we need to look out for.
- How long it usually takes to sell a business.
- The various options available to you if you can’t find a buyer for your business.
