by theEmother | Nov 27, 2015 | build a Mother of a Business, BUY a Business, Buy a Mother of a Business, entrepreneurial mothers, exit strategy, Finish Unfinished Business, growth by acquisition, inspiring women, SELL your Mother of a Business, start with the end in mind, women in business case studies
Who would think it is pleasing to use Tax as a Growth Indicator?
This story from one of my charges (Julie Demczuk of www.exclusivepmg.com.au) just this week, got to love a share such as this:
I’m sitting in my office on my own thinking about when I first started the business.
I remember saying to my bookkeeper I can’t wait until I start paying GST. I was so excited when my first GST bill was $6.
After three years my GST bill for the last quarter is $5,668.
What an amazing difference.
What an amazing difference indeed! Whilst I haven’t contributed directly to her growth numbers, she is one the amazing number of Women Business Owners who are building their business as an asset, ready to be saleable when the time comes (which may be right round the corner!)
So very proud of this entrepreneurial mother.
Just think how well off the new owner of a business like this will be. Not only is the thing well-established, if $5000+ of GST is being paid quarterly, then the revenue has to reflect same. Much more palatable when compared to waiting for revenue as a start-up… Interested in knowing more? Please drop me a line at info@theentrepreneurialmother.com.au
Some would say “why?”, others, “why not?”
Some are born to start, build and hold for as long as it takes.
Some are born to start, build and pass the baton on.
Which one are you?
by theEmother | Sep 11, 2014 | BUY a Business, Buy a Mother of a Business, Finish Unfinished Business, growth by acquisition, so you think you're in business, start with the end in mind, the business model
“matching Buyers and Sellers”
Today, we ran another of our “How to Successfully Buy a Business” roundtable workshops. What a pleasure it was!
The points covered:
- is Business Ownership for you?
- how do you know?
- what type of business?
- starting vs buying
- overview of the Business Transaction process
- price vs valuation
- using professional advisors
Not only did we do a great job (even if I say so myself) but the conversation around the topic was also of a high standard. With a mix of first-time buyers, accountants, financial planners and bankers in the room, it made for not only an enjoyable session, but one where the level of awareness has now increased significantly.
The key now is to assist them in executing on what they now know…
Some of the feedback:
“Would you refer this workshop to your friends and family?” all answered YES
“Really good presentation”
“Good mix in audience”
“Really good workshop”
Got to love that kind of feedback!
If you want to know more and/or join us at the next one, please email me at dhall@businessbrokers.com.au
by theEmother | Jul 14, 2014 | build a Mother of a Business, business ideas & thinking, buy | sell websites, BUY a Business, Buy a Mother of a Business, Finish Unfinished Business, growth by acquisition, start with the end in mind, the business model
Navigating our first acquisition was terrifying and thrilling, all at the same time. It taught us that you’re never too small to take advantage of opportunities that will benefit your business. For other startups and companies (of any size), here are a few lessons we learned along the way.
Read on…
Buying a business is not as scary as one may think.
Especially if you’ve got someone in your corner, like the likes of myself for example.
That said, regardless of how it happens, buying a business is the quickest way to growth.
The upward impact it has on the numbers, in a very short period of time, cannot be done any other way, especially if you’ve bought the support that comes with it.
Seriously, given our employment rates are rising, buying a business may end up being one of the only ways to generate revenue and stay in your market of choice…
by theEmother | Mar 14, 2014 | build a Mother of a Business, business ideas & thinking, 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, Sellability Score, TEMpting, the business model
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
This week has been a doozy!
Thanks to a savvy business owner completing the Sellability Score questionnaire and me following up with him, we managed to be so impressed with each other that it is enough to take his multi-million dollar business to market… now that’s what we’re talking about!
Now to get it sold and for all of us to do the happy dance!!
GOT A WEBSITE FOR SALE?
If you want to do sell a website or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS30 Online Venue Business
Completed Sellability Score
4 interested parties, with an update of the IM being done. Will see a bit of movement on this one in April.
BS49 Home Help…
One party is very interested, with offer pending. The potential has been well and truly revealed so it’s down to price and the level of comfort required to “pull the trigger”, as they say in the classics!
BS53 Balloons! and all that goes with them…
Such corporate appeal, so untapped. It’s waiting for the savvy operator that can see past the retail component and tap into it’s possibility as a warehouse servicing the larger players. Bit stuck on this one now!
BS57 Online Business
Signed good to go. It’s making money! Have received signed authority’s and in the process of developing the IM now. Stay tuned.
BS60 Advertising and Events agency
Authority signed. First fact finding meeting conducted. All parties getting more and more clear about the objective of finding the buyer.
Others I’m talking too.. are you interested in?
- a particular event
- project management of large Melbourne events
- specialty educational toys
- niche in building trade (via Sellability Score)
- sales and services
- merchandise
- magazine
- specialty bed linen
If yes, let me know as these revealed themselves this week…
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
by theEmother | Feb 21, 2014 | build a Mother of a Business, business ideas & thinking, 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
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
Continuing to spend much of this week working on one particular sale and exploring the sale option with a number of Business Owners keen to chat.
The discussion about what constitutes an Online Business is one I am continually having at the moment . Just because a Business Owner calls it so doesn’t mean others agree. What’s happened with the few I’ve spoken to this week, the business definitely has an online frontend but the backend is still being fulfilled manually, either by the owner or a contractor.
So, is that an Online Business or not?
Really?
GOT A WEBSITE FOR SALE?
My conversation with the 2 website owners continued this week, exploring the sale option. Good sites too. If you want to do same or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au
And you…what does 2014 bring?
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS30 Online Venue Business
Completed Sellability Score
One meeting booked for March. The main focus is on the custom-built technology platform this business runs on.
BS43 Tourism
SOLD!
BS49 Home Help…
One party is very interested. The potential has been well and truly revealed so it’s down to price and the level of comfort required to “pull the trigger”, as they say in the classics! Final questions being flagged now, prior to an offer being made (hopefully!).
BS53 Balloons! and all that goes with them…
Such corporate appeal, so untapped. It’s waiting for the savvy operator that can see past the retail component and tap into it’s possibility as a warehouse servicing the larger players. Completed the database trawl, with a number of calls being made. 4 put their hand up to receive the CA so that’s a positive start..
BS57 Online Business
Signed good to go. It’s making money! Have received signed authority’s and in the process of developing the IM now. Stay tuned.
Others I’m talking too.. are you interested in?
- a particular event
- project management of large Melbourne events
- corporate cleaning offering
- specialty educational toys
- “experiential” advertising and events provider
- niche in building trade (via Sellability Score)
If yes, let me know as these revealed themselves this week…
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
