What If It Was Your Home? …
Would You Sell It Without ‘Fixing It Up’?
Is
your business worth as much as an average house? That’s probably a
tough question given the price of houses these days. The real
question is:
Would you put a house up for sale without ‘getting it
ready’ so that you could sell it for ‘top dollar’?
Would
you show a house to a potential buyer without cleaning it up?
Painting it? Modernizing the kitchen? Fixing the garden so that
your house has ‘curb appeal’? Would you neglect to consult a real
estate agent who would advise you what improvements to make so that
your house would sell for the maximum price with the minimum
investment?If you’re the smart business person that we think you are
then the answer is
‘not a chance’.
What
about your business? Will you put your business on the market
without getting it ready to sell for ‘top dollar’… its maximum value
to a potential buyer? If you’re like the vast majority of business
owners who don’t have a well-prepared ‘exit plan’ the answer could
well be ‘I didn’t intend to sell it unprepared. In fact, I wish I
had started earlier – a lot earlier’.
Selling a business is similar to selling a house in that ‘getting it
ready’ will ‘get you more’. But selling a business is also
different and more difficult than a house. Not only is a business an
even bigger deal to sell, it also takes (a lot) longer to ‘fix up’.
We can help. We have the people and processes that will take a
critical look at your business and help you ‘fix it up’ so that you
get the highest price. We’ll help to prepare you and your business
today so that you can receive its maximum value tomorrow.
What if I don’t want to sell? I just want to raise $.
What if I just want to raise money, create liquidity
and/or protect my nest egg for when I turn the business over to my
family?
The principles and processes that apply to helping
owners when they sell or transfer their businesses also apply to
maximizing value received in other types of financing transactions.
Financing is always a selling process. If you want maximum dollars
for
your business or
from
your business you’re going to have to sell its shining future to
someone or, more likely, some people who will be authorizing the
cheque to be issued.
We can
help you …