John Wick’s exit plan was an impossible task. Yours doesn’t have to be. When you’re building a business it’s hard sometimes to look ahead a few days, let alone a few years. But it’s important to have a plan in place. That’s why it would be prudent to have lawyer to go over what your options may be the day you may want to sell your business. You’ll want to steer the business in the direction that best suites you, instead of playing it by ear when an opportunity arrives. Have any other questions regarding business acquisition? Don’t be shy and ask in the comments! Tag Zachariah Evangelista and he’ll give you all the info needed. #futureproofyourbusiness #legacybuilding #exitstrategy #successionplanning #businessownership #entrepreneur #businessplanning #financialplanning
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Valuation & Vetting Expert for SMBs I Helping buyers and sellers discover missing value I Posts about the process
You should focus on 3 KEY things before submitting your business to a broker: What are they? 1) Be prepared to move fast. Brokers prioritize submissions that are ready to sell NOW. To guarantee your business receives the attention it deserves, respond to questions and complete tasks from your broker daily. If not, they won't take you seriously. 2) Ensure your financials are in order. Your valuation cannot be determined unless you have organized financials ready for a minimum of 12 months. 3) Have a price in mind. And be ready to justify that price to your broker or buyer. If you don’t name your value, someone else will. What else is important when selling your business? #mergersandacquisitions #onlinebusiness #entrepreneur
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Today BGP has published a short article for any business owner that is considering selling their business ahead of any possible rise in CGT. Key Takeaways: 1. Facilitating a quick sale is rarely a good idea 2. More value can be lost through insufficient preparation than by any rise in taxation 3. Take time to pull together a robust exit strategy and action plan 4. Empower your team and reduce reliance upon yourself 5. Work with partners who can give you honest, independent advice and help negotiate any sale At Bowthorpe, we specialise in guiding ambitious business owners safely through the exit process. Our team consists of seasoned operators who have all built and sold businesses before. We understand the nuances of high-growth environments and can help you make informed decisions, whilst navigating the complexities of the sales process. We do not just offer advice; we actively collaborate with you as a partner, investing both time and capital to help you maximise value. If you are contemplating your exit strategy, speak to one of our Partners. #entrepreneur #smallbuisness #growthbusiness #SME
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Fractional CFO Service Provider | Area President | Helping Business Owners Build Sustainable, Transferable Value | Leverage our experience by utilizing our CFO's experience.
Great information for Business Owners to consider. Prepared and Anticipating instead of Unprepared and Reacting.
In the fast-paced world of business, it's crucial to be prepared when unexpected opportunities knock, your response can make or break your exit strategy. That's why we've created this guide to shed light on what steps to take when you receive unsolicited calls or emails from potential buyers: https://hubs.la/Q02gKBYz0 Thank you to FocusCFO Area President Jeff Semple and Matt Melago of Greenwich Capital Group LLC for co-creating this guide to help business owners navigate these important next steps. #exitplanning #unexpectedoffers #smbguides #smallbusiness #mediumsizedbusiness #guides #entrepreneur
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Thinking about exiting your business but afraid of getting a bad deal? 🤔 I get it— Nobody wants to be undervalued after all their hard work. The best way to protect yourself? Know the true value of your business before you start the exit process. Because here’s the thing— Even business brokers rely on guesstimates. And guesstimates won’t get you the deal you deserve. Let’s make sure you walk away with the deal you deserve— Start with a proper valuation. Build a smart exit strategy. Your future depends on it. Don’t leave it to chance. What steps are you taking today for a successful exit tomorrow? Remember, knowledge and preparation are your best allies in this journey. Ready to take control of your business's future? Comment below or send me a DM. #businessvaluation #exitstrategy #entrepreneur #boostyourbusinessvalue
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I love assisting small businesses by providing experienced fractional CFO services who assist in increasing cash flow and creating scalable growth.
In the fast-paced world of business, it's crucial to be prepared when unexpected opportunities knock, your response can make or break your exit strategy. That's why we've created this guide to shed light on what steps to take when you receive unsolicited calls or emails from potential buyers: https://lnkd.in/gZmnX7JE Thank you to FocusCFO Area President Jeff Semple and Matt Melago of Greenwich Capital Group LLC for co-creating this guide to help business owners navigate these important next steps. #exitplanning #unexpectedoffers #smbguides #smallbusiness #mediumsizedbusiness #guides #entrepreneur
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Fractional CFO Service Provider | Area President | Helping Business Owners Build Sustainable, Transferable Value | Leverage Our Experience By Utilizing Our CFO Experience I Vistage Trusted Advisor
In the fast-paced world of business, it's crucial to be prepared when unexpected opportunities knock, your response can make or break your exit strategy. That's why we've created this guide to shed light on what steps to take when you receive unsolicited calls or emails from potential buyers: https://lnkd.in/ewwA-zgP Thank you to FocusCFO Area President Jeff Semple and Matt Melago of Greenwich Capital Group LLC for co-creating this guide to help business owners navigate these important next steps. #exitplanning #unexpectedoffers #smbguides #smallbusiness #mediumsizedbusiness #guides #entrepreneur
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Fractional CFO Service Provider | Area President | Helping Business Owners Build Sustainable, Transferable Value | Leverage Our Experience By Utilizing Our Experienced CFOs.
In the fast-paced world of business, it's crucial to be prepared when unexpected opportunities knock, your response can make or break your exit strategy. That's why we've created this guide to shed light on what steps to take when you receive unsolicited calls or emails from potential buyers: https://lnkd.in/gUA7z8bG Thank you to FocusCFO Area President Jeff Semple and Matt Melago of Greenwich Capital Group LLC for co-creating this guide to help business owners navigate these important next steps. #exitplanning #unexpectedoffers #smbguides #smallbusiness #mediumsizedbusiness #guides #entrepreneur
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Fractional CFO Service Provider | Area President | Helping Business Owners Build Sustainable, Transferable Value | Leverage Our Experience By Utilizing Our CFO Experience.
In the fast-paced world of business, it's crucial to be prepared when unexpected opportunities knock, your response can make or break your exit strategy. That's why we've created this guide to shed light on what steps to take when you receive unsolicited calls or emails from potential buyers: https://lnkd.in/eCWjXeFw Thank you to FocusCFO Area President Jeff Semple and Matt Melago of Greenwich Capital Group LLC for co-creating this guide to help business owners navigate these important next steps. #exitplanning #unexpectedoffers #smbguides #smallbusiness #mediumsizedbusiness #guides #entrepreneur
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Fractional CFO Service Provider | Area President | Helping Business Owners Build Sustainable, Transferable Value | Leverage Our Experience By Utilizing Our CFO Experience.
In the fast-paced world of business, it's crucial to be prepared when unexpected opportunities knock, your response can make or break your exit strategy. That's why we've created this guide to shed light on what steps to take when you receive unsolicited calls or emails from potential buyers: https://lnkd.in/emhb7wh7 Thank you to FocusCFO Area President Jeff Semple and Matt Melago of Greenwich Capital Group LLC for co-creating this guide to help business owners navigate these important next steps. #exitplanning #unexpectedoffers #smbguides #smallbusiness #mediumsizedbusiness #guides #entrepreneur
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Entrepreneur & Founder of FocusCFO | I serve as an Area President in Central Ohio impacting business owners | Relentless SMB Advocate | Fractional CFO Expert | Currently recruiting Area Presidents & CFOs
In the fast-paced world of business, it's crucial to be prepared when unexpected opportunities knock, your response can make or break your exit strategy. That's why we've created this guide to shed light on what steps to take when you receive unsolicited calls or emails from potential buyers: https://lnkd.in/ex-3kkkK Thank you to FocusCFO Area President Jeff Semple and Matt Melago of Greenwich Capital Group LLC for co-creating this guide to help business owners navigate these important next steps. #exitplanning #unexpectedoffers #smbguides #smallbusiness #mediumsizedbusiness #guides #entrepreneur
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2moGreat advice! Even family businesses should be planning the next phase 10+ years in advance.