by theEmother | Apr 19, 2013 | Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, Sell Your Business, SELL your Mother of a Business, so you think you're in business
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…
BS2 = Online Retailer
Plan B – Due Diligence concluded, Contract next week
PENDING
*
BS8 Waiting on Seller
Change of plans due to recent events…
ON HOLD
*
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.
*
BS10 = Specialist Offline Retailer
Completed Sellability Score.
1st meeting completed, next steps discussed.
Waiting on financials, delayed due to issue in family.
*
BS11 = Hairdresser
Completed Sellability Score.
First chat April 8. Waiting on Stage 2 financials.
*
BS13 Specialist Equipment Provider
Completed Sellability Score.
Recommendations being pursued with favourable feedback.
ON HOLD
*
BS14 Leading Book Supplier
Completed Sellability Score
Financials received, more to come. Currently going through refinancing dramas!
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BS15 #1 in Google for This Offering
Completed Sellability Score
Offer made and support decisions to progress awaiting advise.
*
BS16 Furnishings Importer, 60% owned
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.
*
BS17 Specialist Offering
Completed Sellability Score
Analysis done and advised. Decision NOT to sell made.
Now using Sellability Score information as a Business Plan – in Reverse!
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BS18 Beauty Salon
Meeting booked April 17
Offer made and support decisions to progress awaiting advise.
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BS19 Leading Wedding Services Provider
1st meeting had, waiting on Stage 2 financials
*
BS20 Window Cleaner
“Sellability Score” completed
to be discussed next week
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BS21 Business “Consultancy”
“Sellability Score” completed
to be discussed next week
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 | Apr 8, 2013 | build a Mother of a Business, Buy a Mother of a Business, entrepreneurial mothers, EXIT execution, exit strategy, Finish Unfinished Business, MEinc, Sell Your Business, SELL your Mother of a Business, single parent l single mother, so you think you're in business, the business model, women in business case studies
After two meetings today and another phone call last Friday, the prospect of the motherhood and business ownership combination is causing some angst.
The main issue seems to be for those women business owners who are currently in business and are either planning to have a family soon or have just had their first.
They want to be able to have the combination work but just can’t seem to see how. The thought of having someone else brought in not look after their business is too much to bear. And, the thought of trying to run it full time as well as being the mother they want to be is just not fathomable.
So… what to do?
Sell it of course. That seems to be the answer. Then reality sets in. Has the business been set up as a asset, to run independently of the owner? Not in any of these 3 cases. So then what?
In the planning stage, this scenario can be sorted. It’s usually time and money that’s the prohibiting factor. When baby is already here, the mother wants the stress removed.
If only I had a chance to talk to them in the very early planning stages, to get all the planets aligned before embarking on the beautiful journey of motherhood.
If you find yourself pondering similar thoughts, please talk to me…
by theEmother | Apr 5, 2013 | Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, TEMpting
GET YOUR SCORE!
If any of these tickle your fancy,
please contact me by emailing sell@theentrepreneurialmother.com
letting me know which one it is…
BS2 = Online Retailer
Heads of Agreement prepared, waiting for signatures… that didn’t come!
Plan B offer now on table.
PENDING
BS3 Waiting on the Seller
BS8 Waiting on Seller
No joy with previous broker, conversation resumed.
Change of plans due to recent events…
ON HOLD
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.
BS10 = Specialist Offline Retailer
Completed Sellability Score.
1st meeting completed, next steps discussed.
Waiting on financials.
BS11 = Hairdresser
Completed Sellability Score.
First chat booked April 8.
BS13 Specialist Equipment Provider
Completed Sellability Score.
Recommendations being pursued with favourable feedback.
ON HOLD
BS14 Leading Book Supplier
Completed Sellability Score.
Financials received, more to come.
BS15 #1 in Google for This Offering
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.
BS16 Furnishings Importer, 60% owned.
Completed Sellability Score
1st meeting (phone call) completed, Stage 2 financials due.
BS17 Specialist Offering
Completed Sellability Score
1st meeting completed, Stage 2 financials received, analysis to be done next week.
BS18 Beauty Salon
Initial phone received and followed up
The “Sellability Score” reports continue to dribble out each and every week.
More calls to make as a result and more emails to send 🙂
Onwards and Upwards!
by theEmother | Apr 3, 2013 | Buy a Mother of a Business, EXIT execution, Sell Your Business, SELL your Mother of a Business
So…
Wednesday before Easter, the meeting took place and both parties agreed on the terms and conditions to move to Due Diligence.
Both agreed that the Heads of Agreement would be signed by the commencement of Easter.
Nothing happened!
Both again agreed that it would be done by noon on the following Tuesday.
Nothing happened!
Now the buyer has come back with new terms and conditions. The seller is thinking “you have got to be joking” (or is that really me…). Who/what am I really dealing with here?
It has now got to “have the deposit in the bank tomorrow by noon or the deal is effectively off”.
Fortunately we have Plan B in the wings.
Can’t say I understand the stalling tactic, nor do I condone it.
Won’t Thursday be interesting….
by theEmother | Apr 2, 2013 | build a Mother of a Business, business ideas & thinking, Buy a Mother of a Business, Consultant EXIT Options, EXIT execution, exit strategy, Finish Unfinished Business, Sell Your Business, SELL your Mother of a Business, the business model
Are you a Consultant?
Are you currently working as an independent practitioner?
Is this how you see the rest of your working life playing out?
Have you given any thought to your Exit Strategy?
Have you even wondered whether you could have one?
Are you saying to yourself “what have I got to sell anyway?”
Time we had a chat…
I’m currently working with “colleagues” developing different business models that will enable a fair and equitable option for Consultants.
Especially those who understand they have value in what they do, in what they’ve done but have NO idea how to extract it post them, other than a potential trade sale, which will not glean much if it’s solely reliant on the one person, as you know!
Happy to explore the options, as appropriate… you just need to contact me.
