Business value isn’t about earning the most profit or getting the best price when you sell it.
The question is, what will you use that money for?
Knowing that answer is what will motivate you to take steps now to:
- Make it more profitable, to give you the resources to use for those valuable outcomes
- Free up your time so you can start participating in those valuable activities, whether it is family, community, or interests
- Run your business so that when someday comes, you can maximize your price and apply that capital to your valued objectives
Profit is the way you create that value
Your business can contribute now to help you achieve those values:
- Money to support causes and events
- Staff to assist with events
- Products and materials
- Venues
But it can only do so if it is performing effectively
How does the company generate more value?
- More revenue – what everyone tries, but not that easy. You can do the rest of these without selling one additional customer…
- Reduce costs to deliver revenue
- Deliver faster (more revenue)
- Deliver more reliably (more revenue, lower costs, less of your time)
- Lower turnover (less costs, less of your time)
Of course it’s about you
You’re not putting in all this effort to run a company just to say you are running a company.
What would you really like to do with your time and the money that the company provides you? (What would your family like you to do?)
If you think you couldn’t possibly take a 30-day vacation disconnected from the business… Yes, you could. We can show you how. And we’ll guide you into doing it.
Release the Capital Value
Is your company going to make a meaningful contribution to your net worth?
Do you know what that contribution needs to be to fuel the type of retirement you expect?
You need to know what your company is worth, and what it could be worth when you sell it.
For an unprepared owner (87% of them), this news comes as a nasty shock.
Don’t be one of them.
Let’s deal with reality and get you to where you want to be.
Measure the Gap
Understand the reality of what you expect and what your company could provide
Appraisal or Valuation
Understand where you are today.
We can provide unbiased informal opinions or certified appraisals if needed.
Prepare the Company
We work with you to devise a plan to close the gap. Then other alligators will be nipping at you daily. We will (gently) push you to keep on carrying out the plan and running your business.
Go to Market and Cash Out
We’ll work with you to locate the best intermediary to find the right buyer for you. And, without interfering in their work, we can still advise you to make sure you are getting treated fairly.