In was a delight in speaking with Joanna Oakey of Aspect Legal, and creator of The Deal Room Podcast about the Business Sale journey, what to look out for and why knowing what your business is worth at any given time is really important, for now and into the future.
From vendor to broker, Denise Hall trod a unique path to her role now as business value analyst, exit strategist and broker. In this episode Denise shares the things she wishes she had known when she was selling her own business and how to keep sale ready. We also delve into a discussion about what accountants and professional business advisers should be doing when they’re dealing with businesses as they grow and evolve into something that one day might be ready to sell.
Wed. 16 August 2017, 6:00 pm – 8:30 pm AEST @ the Skinny Dog Hotel, High St Kew.
You’re invited to join us in a warm, friendly and supportive environment where you’ll benefit from a combination of open networking, strategic introductions and an expert speaker with ideas and practical tips on a relevant business issue.
As business owners ourselves, we know that time is a scarce and non-renewable resource. That’s why we’ve designed a different type of networking event that delivers maximum value in minimum time with personal as well as professional rewards.
In addition to ample opportunity for conversation during open networking and table conversations, this month our valuable insight is:
BONUS insight : “Business Ownership is not a Life Sentence …you can GET OUT” proudly brought to you by me!
How Saleable is your Business? Is your Business Ready to Sell at a moment’s notice?
Building a Business into an Asset may result in it possibly being the largest asset you’ll ever own, if not second after your home. So NOT “Starting with the End in Mind” (regardless of how old it is) when you’re ready can result in all the blood, sweat, tears, time and money you’ve invested resulting in close to nothing!
Knowing how to build a business that’s worthy, understanding where its value lies, finding a way to GET OUT as profitably and seamlessly as possible, means you need to think about what needs to be done and how to do it
You will then be able to
• define what it means to have a saleable and profitable business
• identify the key attributes a buyer will look for
• determine your business strengths and the advice you will need
To book, please follow this link:
Had the absolute pleasure to do the first Facebook Live for the Ambitious Entrepreneur Show, with Annemarie Cross, discussing all things What Is Your Business Worth? A most interesting experience which all went rather smoothly thanks for the impressive skills of Annemarie on the control panel.
It was a good solid conversation about what Business Owners should be doing in their business that will actually be of value come exit and/or sale time. Many Business Owners are guilty of doing the activities they like to do and are even good at, as opposed to the ones that add the most value and need to be done.
My view is why be in business if you’re not planning to build it into an Asset?
Had the pleasure of talking to Jacki Mitchell of Taking Care of Business for rpp.fm and Lauren Clement about How to Add Value to Your Business, both in terms of personal branding and actual realistic business activities and initiatives, like finding out What your Business is Worth on a regular basis via an annual Appraisal. This enables far more informed decisions to be made when the time comes to make BIG life ones including what do I do with my business…