The answer is YES for 63% of those we asked, based on this questions “Would you consider buying a percentage of a business now with an option to buy the rest when the situation resolves”?
(Q8 from the Xcllusive Business Buyers Report – April 2020)
We saw a little of this pre-COVID 19 but expect this method to increase in the future. It means the buyer and the seller will share the risk. This is very encouraging for the future.
Complimentary to this: What are the characteristics that will compel you to buy in this environment?
- Low fixed overheads relative to sales level
- Good forward plan
This is something business owners can do now to prepare their business for sale.
If you’re considering selling, have a really good look at your overheads – there’s never been a better time to renegotiate and reduce your overheads. Create a short but solid forward plan using bullet points to show the direction of your business..
To find out what else Buyers has to say, go here to read the full Report.
FREE Appraisal from this viewpoint…
CONTACT ME https://www.theentrepreneurialmother.com.au/talk-to-me
Start this new financial year off with a line-in-the-sand Appraisal as to the worth of your business, so you can make informed decisions towards your ultimate goal of EXIT (whether this be planned or not!).
For you, this will be complimentary with my pleasure…
#appraisal #sellbusiness #buybusiness #businesssales #xcllusive #denisehall
It might just be, and here’s why… January is often when prospective business buyers have the time to sit down and do a bit of forward planning and subsequent investigating. So, if your business is not on our website xcllusive.com.au, or one of the other business-for-sale type sites, then it cannot be found. Meaning now is the time to do the pre-work to get the business on the market by end of 2018, in readiness for business shoppers at the start of 2019.
If you’re unsure when to pull the trigger, there are typically 3 considerations when thinking about selling your business:
- Financial (money driven)
- Freedom (personal driven)
- Legacy (business driven)
Whilst Financial is often the one that is led with (because it is the most tangible place to start), it is not the only reason to sell. Freedom and Legacy play equally important roles in determining when to go to market and even who to sell your business to.
Time is running out for business operators to take part in what promises to be the an essential small business event delivered directly to you online.
Featuring myself plus 60 more presenters and spanning 11 days, the Small Business Skills Summit runs from August 6 to 16 and features a daily lineup of presenters delivering their insight and expertise into the essential tools all businesses require.
Attendees can pick and choose the presenters they wish to see, engage in question and answer forums, or enjoy the convenience of accessing information for three months after the event. And it all takes place in the comfort of a business operator’s office, home or even while you’re on holidays.
The Inaugural Small Business Skills Summit will cover all the essential areas of business, with topics including business mindset, identifying the ideal customer, wellbeing, the business bottom line, and marketing.
The event will also feature handouts, key takeaways and be supported by dedicated Facebook community where presenters will be available on the day of their presentation to answer any questions about the topics covered.
With really good food, indulge your brain, learn business secrets from industry experts and revitalise your business by attending our Business Builders Bonanza Sales and Cashflow event on August 11.
If you want a little extra enticement, then come for the excellent catering that we supply. With 4 hours of seminar style learning with Q&A opportunities followed by a relaxed couple of hours to enjoy luxurious food and wine and continue to pick the brains of our speakers, this is not an event to miss. It’s a golden opportunity to expand your business goals and further your growth.
Jump in now and get your tickets here: https://rebrand.ly/SALESANDCASHFLOWMEETUP
This August, business operators will have the unique opportunity to access some of the finest experts in the small business realm, courtesy of a skills summit delivered directly to them online.
Featuring myself plus 60 presenters and spanning 11 days, the summit will cover all the essential areas of business, with topics including business mindset, identifying the ideal customer, wellbeing, the business bottom line, marketing and how to get out!
Attendees can pick and choose the presenters they wish to see, engage in question and answer forums, or enjoy the convenience of accessing information for three months after the event. And it all takes place in the comfort of a business operator’s office, home or even while they’re on holidays.
An initiative of Business Business Business, the Small Business Skills Summit was designed to offer business owners the best tools and expertise available in a convenient, accessible form.
“We know the power that knowledge and learning offer businesses, and we also get that the demands of being a small business owner make it hard to get away to attend seminars for days”
“That’s why this innovative seminar has been crafted to deliver skills and advice directly to their door.”
Months in the planning, the Small Business Skills Summit lineup features experts ranging from business coaches to PR and marketing professionals, accountants and seasoned entrepreneurs.
It will provide an insight into business best practice but also offer a forum for business operators to ask questions of presenters.
The summit is supported by handouts and a dedicated Facebook page where presenters will be available immediately after their presentation to take questions on the topics covered.
Business operators can opt to log on and watch a presentation, then take part in the Q&A on the day, or choose to watch the presentations at their leisure in the three months that follow.
Attendees can pick and choose the topics that interest them, or embrace the entire program for the full gamut of skills available.
The Small Business Skills Summit runs from August 6 to 16, with enrollments OPEN NOW