by theEmother | Nov 29, 2018 | EXIT execution, exit strategy, how to sell a business, Sell Your Business, SELL your Mother of a Business
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.
by theEmother | Jun 14, 2013 | BUY a Business, Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
What are you waiting for? GET YOUR SCORE…
[If any of the following tickle your fancy, please contact me by emailing sell@theentrepreneurialmother.com letting me know which one it is…]
BS9 = Specialist Leadership and Talent Management Provider
Completed Sellability Score.
Looking to a 2013-14 kick off, getting all ducks in a row in the meantime.
*
BS14 Leading Book Supplier
Completed Sellability Score
Financials received, more to come. Currently going through refinancing dramas!
*
GET YOUR SCORE…
*
BS19 Leading Wedding Services Provider
1st meeting had, waiting on Stage 2 financials – meeting to be set
*
BS22 Business “Consultancy”
Completed Sellability Score
Stage 2 of process in play = Confidential Data Analysis
*
BS23 Health and Well Being Studio
engagement locked in
FOR SALE
*
BS26 Professional Services
Completed Sellability Score
“Business Planning; in Reverse!” session conducted, decision due end of July.
*
BS27 Training Services Provider
via Linked In
Stage 3 of process in play = Pricing and Proposal
*
BS28 Manufacturer
Completed Sellability Score
Referral, greatly appreciated. Stage 1 and 2 of process in play = 1st meeting June 20 and financials requested
*
BS29 Accountancy
Referral, greatly appreciated. First meeting postponed to August.
*
BS30 Online Business
Completed Sellability Score
Had started down process, but stalled…now back on track
*
BS31 Pub and Restaurant
Referral, greatly appreciated. 20% minority shareholder who is desperate to get over. Discussed options…
*
BS32 Vending Machines
Completed Sellability Score
Looking to move interstate and looking to divest themselves of profitable business. Stage 1 of process in play = 1st meeting
*
GET YOUR SCORE…
*
The “Sellability Score” reports continue to dribble in each and every week.
More calls to make as a result and more emails to send 🙂
Onwards and Upwards!
by theEmother | Jun 12, 2013 | build a Mother of a Business, BUY a Business, Buy a Mother of a Business, growth by acquisition, the business model
After much soul searching, our client has decided that she must sell her business in order to get her family life back on track. This means an opportunity for the smart buyer as all the hard preliminary work required to launch a new business has been done!
Background:
Our client currently works in a demanding role within the IT industry. She decided to take on this “Project” as it is in an area which she is passionate about – namely Women’s Health & Well-Being. She started an extensive search and evaluation of available business opportunities and finally settled on this business based on her personal experience as a user of the service.
The business commenced operations in July 2012 in brand new premises, with a professional fit-out and new equipment.
• Specialising in non-surgical weight loss treatments that can effectively target excess fat in those areas that are often difficult to reduce with traditional exercise and gym equipment.
• As part of a growing national network (in excess of 60 studios) the business can take advantage of branding and marketing opportunities.
• Proven results based on extensive scientific research, no “gimmicks”.
• Does not require highly skilled labour to administer the treatment which sets it apart from other passive weight loss treatments in the market.
• Straight forward ownership model without the complication of a franchise system to adhere to.
Other aspects of the business:
• Growing client base
• Desirable location with good catchment area for potential clients
• No “stock” to invest in or manage
• Easy to manage business operation
• Potential for repeat revenue
• Low operational costs due to no ongoing consumables to purchase
Click here for details: http://www.businessbrokers.com.au/view_listing.php?OID=5481369
So why is it being sold now??
Over the last 6 months, changing circumstances have impacted on our client that have lead to:
• An increasing workload at the office (a senior IT management role) means more demand on her time
• Young family demanding more of her time
• The new business demanding more of her time
So it is with much regret (but necessary) that she is taking this step to consider and rebalance her priorities which includes deciding to sell the business. She is aware that she is unable to make the commitment necessary to ensure the business continues to grow to its full potential.
To facilitate a quick sale, our client is offering the business for sale at $20,000, which is:
• Below the establishment costs (in excess of $50,000)
• A new owner will be required to take over the excellent leasing agreements already negotiated for the equipment and business premises.
Click here for details: http://www.businessbrokers.com.au/view_listing.php?OID=5481369
by theEmother | Jun 11, 2013 | Buy a Mother of a Business, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, the business model
Picture this….
Today, via iphone and Skype, I spoke to a potential seller (based in the UK) and my Singaporean colleague (based in the car around Melbourne) as I sat in my car in East Bentleigh.
We were discussing this global business, understanding more about it, with the view to taking it to market, to be offered both in Australia and overseas.
Not so long back, I could never have dreamed of doing such a thing, without considerable effort and cost. Now, we had it sorted in no time, it was just a matter of locking it in the diary.
My, how the world has connected.
No reason to not live the “global citizen” life, not any more. And all from the comfyness of one’s car… excellent!
by theEmother | Jun 7, 2013 | Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
What are you waiting for? GET YOUR SCORE…
If any of the following tickle your fancy,
please contact me by emailing sell@theentrepreneurialmother.com
letting me know which one it is…
BS9 = Specialist Leadership and Talent Management Provider
Completed Sellability Score.
Looking to a 2013-14 kick off, getting all ducks in a row in the meantime.
*
BS14 Leading Book Supplier
Completed Sellability Score
Financials received, more to come. Currently going through refinancing dramas!
*
GET YOUR SCORE…
*
BS19 Leading Wedding Services Provider
1st meeting had, waiting on Stage 2 financials – meeting to be set
*
BS22 Business “Consultancy”
Completed Sellability Score
Stage 3 of process in play = Proposal and pricing
*
BS23 Health and Well Being Studio
engagement locked in
FOR SALE
*
BS24 Beauty Salon with a Twist
not sure what they want to do but “first prize” is to raise capital and roll out more stores
INTRODUCED TO FINANCING/PARTNERING SOLUTION, PROPOSAL IN PLAY
*
BS26 Professional Services
Completed Sellability Score
“Business Planning; in Reverse!” session conducted, decision due end of July.
*
BS27 Training Services Provider
via Linked In
Received Stage 2 financials, analysis work now to be done
*
BS28 Manufacturer
Completed Sellability Score
Referral – first meeting, in 2 weeks time
*
BS29 Accountancy
Referral – first meeting, next week
*
BS30 Online Business
Completed Sellability Score
Had started down process, but stalled…now back on track
Potentials buyers now being discussed
*
GET YOUR SCORE…
*
The “Sellability Score” reports continue to dribble in each and every week.
More calls to make as a result and more emails to send 🙂
Onwards and Upwards!
