How Can I Take a Step Back From My Business?

We understand how important your business is to you. It’s not just what you do, it’s a big part of your life and you’ve devoted hours, months and years to building it up to be the success it is today. Owning your own business is a great experience; putting you in control of your destiny, and giving you the chance …

What Your Succession Plan Needs

Thinking about your options to exit? You’ll know by now we’re big fans of early exit planning. But selling the business isn’t your only option – you could consider passing your business on to family or trusted partners when the time comes to leave. It’s a great idea if you do it right. To help, we’ve got some tips on …

7 Ways Business Owners Can Boost Value Creation

A valuable business is a sellable business, but value creation shouldn’t be left until you’re ready to sell – it should be built into your business plan. Work now on building value into the heart of your business and when it’s time to sell, you’ll get the price you need. We’ve got seven ways that can help. Establish Recurring Revenue“Recurring turnover” …

Why You Should Collaborate with Other Business Owners

Business owners tend to be fiercely independent, hardworking, and self-reliant. These excellent qualities, however, can become difficulties as time goes on. Independence can become very lonely when it feels like the success of your business rests squarely on your shoulders. A hardworking perspective can mean long hours, while self-reliance can mean not asking for help, or feeling unable to ask for fresh …

What Does Business Freedom Mean?

Think back to when you first started your business. It’s likely you were constantly working, putting all of your time, energy and money into making it a success. Did you say to yourself then, “When I’m making a nice profit and have hired some staff to manage things for me, then I’ll take a break”? Today, has it turned out …

Selling My Business: Top Tips

Selling your business is one of the most important financial decisions you’ll make as a business owner, something you’re already well aware of. What some business owners may not realise is that selling your business is something you should consider early on, not just when you’re looking to exit. Value creation should be an intrinsic part of your business plan, …

The Factor You’re Missing When Valuing Your Business

There are many factors that determine the value of your business. If you’ve started planning an exit strategy that involves selling your business later on, you’ve no doubt considered many of them. A valuable business is essential to a potential buyer. But have you thought of everything? Profitability is a key point when deciding the value of a business. A …

What Is Business Exit Planning?

In the exciting early days of starting your business, many business owners never truly think about leaving it. You may think that you’ll just cross the bridge when you get there, but the truth is that business exit planning helps put you in control of your business and consequently, your personal life. Being in control is much easier when you write …

Thinking about selling your business? WHY?

If you are the owner-manager of a small business you probably have a thought somewhere in your mind that one day, at some point, you are going to sell. But, why?! Whatever the reason, this is the first and most important question we always ask our small business owner-manager clients: Why?! Why do you want to sell? Everything else we …

Is Your Wholesale Business Built to Grow?

All business owners want to factor growth into their plans. If you’re a wholesaler, you’ll face some unique challenges but should be able to build in parameters that will allow you to grow when you’re ready. Not only will this ensure short term success, but should also get you the price you need when you’re ready to sell. Six Ways for …