Are you financially and personally ready to retire from your business? Unsure? Many business owners often underestimate what is involved when planning to leave their business. To help, here we highlight some key questions to help guide your thinking.
Do you have a plan for leaving your business? The sooner you start thinking about how and when you wish to depart the better. It will give you time to prepare your business, increase its value and reap the rewards you deserve from all your hard work. Here’s how to get started with exit planning.
Are you thinking of leaving your business within the next few years? Do you have an exit plan in place to ensure a smooth transition and rewarding outcome? This blog highlights some key pointers to help guide you through the process.
The owners of small businesses are very likely to make mistakes when the time comes to selling their business. This is not at all surprising – most of us learn from experience but most owners of small businesses have never sold a business before. However, this is one of those situations where “learning on the […]
Most business owners only value their business when they are thinking of selling their business. This short blog argues that a business valuation should be done throughout the life of a business. This will help guide the owner to focus on the broader issues that drive the business valuation as well as building a business […]
It’s not just about a multiple of your earnings (EBITDA)……. Many business owners just focus on the ‘numbers’ in terms of Turnover and a multiple of Earnings (3 to 6+ times) when trying to get an indicative value for their business. However, there is so much more that should be taken into account when valuing […]
Do you hope to sell your business in the future? Is your SME business investment ready? If you are planning to exit or sell your business in the future you need to ensure your business is growing and operating in the right way focussing on 4 key elements to ensure your SME Business is Investment […]