Denise Hall talking “How to Shut Down a Start-up” with renegade Collective magazine

Denise Hall talking “How to Shut Down a Start-up” with renegade Collective magazine

Had a great e-chat with Ann Molloy of the EDITION 17 of the magazine Renegade Collective, part of the collective hub.com a little while back.

What resulted was a most informative inclusion in the current edition of the magazine (the one with George Clooney on the front!), talking about “How to Shut Down a Business“.

It being the discussion piece by an Exit Strategist who knows what to do (namely me), complementary to the fabulous story “Exit Left”, about Nikki Durkin upon announcing the closure of her start-up 90dresses.

Her blog post went viral.
It seems we all want to know: how does it feel with the worst happens?

Key points covered are:

  1. eliminate debt
  2. set a D-Day
  3. care for your crew
  4. tell your customers
  5. sell business assets (including website, contact me to do so…)
  6. tax and legal matters
  7. save, save, save
  8. shut social media (or may be able to sell the parts with the website, see above)
  9. look after yourself

If you find yourself in this position, don’t despair.
I can help if you do not want to do so on your own. Contact me 

TEMpting: how Business Sellers and Buyers have been tempted this week…

How Saleable is Your Business?
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
Stage 3 process in play – waiting on end-of-financial-year numbers
*
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. Time to go to market.
*
BS32 Vending Machines
Completed Sellability Score
Looking to move interstate and looking to divest themselves of profitable business. Stage 2 of process in play = financials
*
GET YOUR SCORE…
*
BS33 Estate Agent looking for Broker of Online Businesses
referral, acknowledged, details passed on the client
*
BS34 Online Business
Via Webinar
Authority signed, marketing campaign good to go
*
BS35 Book Binder
Completed Sellability Score
May have to sell as part of partnership split, looking for details accordingly
*
BS36 Graphic Designer
via LinkedIN
Invited to complete the Sellability Score by way of getting the process started
*
BS37 Cleaners
referral, great appreciated
!st chat determined way forward. Waiting on end-of-year financials. Invited to complete Sellability Score
*
BS39 Online Business
!st chat had Monday. Invited to complete Sellability Score
*
GET YOUR SCORE…
*
BS40 Online Giftware
1st chat completed. Stage 2 – Waiting on end-of-year financials. Invited to complete Sellability Score
*
BS41 Online and Speciality Retailer
1st chat completed. Not looking to sell yet, but starting with the end in mind. Invited to complete Sellability Score
*
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!

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