Had the absolute pleasure to do the first Facebook Live for the Ambitious Entrepreneur Show, with Annemarie Cross, discussing all things What Is Your Business Worth?A most interesting experience which all went rather smoothly thanks for the impressive skills of Annemarie on the control panel.
It was a good solid conversation about what Business Owners should be doing in their business that will actually be of value come exit and/or sale time. Many Business Owners are guilty of doing the activities they like to do and are even good at, as opposed to the ones that add the most value and need to be done.
My view is why be in business if you’re not planning to build it into an Asset?
Had the pleasure of talking to Jacki Mitchell of Taking Care of Business for rpp.fm and Lauren Clement about How to Add Value to Your Business, both in terms of personal branding and actual realistic business activities and initiatives, like finding out What your Business is Worth on a regular basis via an annual Appraisal. This enables far more informed decisions to be made when the time comes to make BIG life ones including what do I do with my business…
“Give yourself time – lots of it – if you want achieve the best outcome in selling your business.”
This is what I said to the good folk at BEmedia production recently, when they interviewed me for their Business Essentials Audio Programs…
If you’re thinking about selling your business, how about giving yourself three years to plan it all? That’s how long exit strategist Denise Hall would like to prepare a business for sale. There’s much to consider, she says. And don’t forget that an important ingredient is YOU and want you want in life when your business is finally behind you. Denise offers a 5-point checklist on what you need to consider before selling up.
Want to start this process softly softly, then I invite you to complete the Sellability Score questionnaire. It will provide a line-in-the-sand starting point, from which to build the plan. Once completed, I’ll be the one contacting you to talk through your plans.