A Business Legacy
Sell your business the right way.
As a business owner, yours are the hands fixed firmly at the helm of your organization. You’re the one who guides momentum – accelerating for growth opportunities, pumping the brakes when the road gets rough, and constantly shifting gears through the hills and valleys.
But since the first moment you grasped that wheel, you knew you would eventually relinquish it.
Preparing to sell starts now.
You’re behind the wheel now, but you can’t drive forever.
The biggest barrier to a business’s future development is its dependence on its owner. Your vision for your business includes its continued success, and so the continuation of your legacy after you exit – but these can only be achieved when you successfully transfer ownership.
A solid exit plan, a road map if you will, is vital to ensuring a successful sale and transition. But before we begin building your roadmap, we’ll use our proprietary tools to assess your starting point. We’ll look at:
The company’s past performance to understand it’s growth trajectory.
- The six types of strategic assets to determine opportunities to build value prior to a sale.
The six areas of risk to recommend which need to be mitigated to protect value.
How do you prepare your business for a sale?
Once we determine your starting point, we’ll recommend a project roadmap to help your business evolve as your team works toward the valuation goal. Here are a few examples of project focus areas:
Your team means everything to your business. Therefore, it is important to consistently track your ability to attract, retrain, and develop your staff.
Make sure your financial results are regularly reviewed, your key performance indicators are crystal clear, and that you regularly compare financial performance to industry peers.
The very nature of a sale and transition means big change for both your organization, and the clients who’ve helped you build it. If these client relationships are dependent upon the owner, it may seem too risky for a potential buyer.
Process and Procedure
Lastly, set your managerial team up to succeed under new ownership.
Let us help you prepare your business for sale.
Your journey is our journey, and we’re ready to guide you. During our journey together we’ll get your business over bumpy roads, and through roadblocks, to reach your envisioned destiny.