If you're a business owner considering selling your business, this comprehensive guide is a must-read. It emphasises the importance of careful planning and execution throughout the selling process to ensure a smooth transition and maximise financial gains. Read on 👇🏼 to explore the essential steps for a successful business exit.
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A question we often get asked is......How much is my business worth? Ultimately the answer is what somebody is willing to pay for it but there are methods that can be used. It is often very interesting what you learn for carrying out a valuation of your business: ✔ You learn that if you can make changes to certain things it may result in your business being worth more in a few years time ✔ Gives you real focus on what you have to do ✔ If you get a few extra % on your gross margin - what will that mean for my overall business valuation ✔ Makes you get yourself and business "ready for sale". ✔ We always say......run your business as if you are growing it and getting it ready for sale. You may never sell but this approach will probably give it the most success. It will mean you focus on improving the important aspects of the business
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Accounting and Business Advice to SME and family owned businesses to help increase profitability and achieve goals
A question we often get asked is......How much is my business worth? Ultimately the answer is what somebody is willing to pay for it but there are methods that can be used. It is often very interesting what you learn for carrying out a valuation of your business: ✔ You learn that if you can make changes to certain things it may result in your business being worth more in a few years time ✔ Gives you real focus on what you have to do ✔ If you get a few extra % on your gross margin - what will that mean for my overall business valuation ✔ Makes you get yourself and business "ready for sale". ✔ We always say......run your business as if you are growing it and getting it ready for sale. You may never sell but this approach will probably give it the most success. It will mean you focus on improving the important aspects of the business
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Established family business looking to grow? | Partner with a progressive accounting firm to achieve your goals
What is the value of my business? Check out Ger's post below where he shares how to value your business. Plus, some of the advantages of knowing the value 💪
Accounting and Business Advice to SME and family owned businesses to help increase profitability and achieve goals
A question we often get asked is......How much is my business worth? Ultimately the answer is what somebody is willing to pay for it but there are methods that can be used. It is often very interesting what you learn for carrying out a valuation of your business: ✔ You learn that if you can make changes to certain things it may result in your business being worth more in a few years time ✔ Gives you real focus on what you have to do ✔ If you get a few extra % on your gross margin - what will that mean for my overall business valuation ✔ Makes you get yourself and business "ready for sale". ✔ We always say......run your business as if you are growing it and getting it ready for sale. You may never sell but this approach will probably give it the most success. It will mean you focus on improving the important aspects of the business
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Do you know how much your business is worth? If you are a business owner, don't guess, know your valuation and the key metrics. There is a simple and efficient way to know the numbers so you can plan better for either an #equity deal, #sellingyourbusiness, #retirementplanning or #estateplanning. Reach out with any questions.
How much is your business worth? Why does it matter? Knowing can make all the difference when getting the most value at the right time. Whether seeking equity or selling your business, it is incredibly important knowing what your business is worth. Need help, we can provide a business valuation and advise on how to improve and get the most value through a deep dive and improving KPI's.
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What other business owners who operate in the same niche or industry you do receive for their sale has no bearing on what you will receive for yours. Every business is unique, operates differently, and deserves a business valuation for what it’s truly worth.
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How do you know the right time to sell your business? This is a common question business owners struggle with. Have you outgrown the business? Is there high demand for a particular business type? There may be many reasons that indicate it's time to exit but if you're not aware of those key indicators you may miss your opportunity to strike while the iron is hot and sell for the maximum price. But what are those indicators and how can you be on the lookout for them as you're building your business? Co-Founder and CEO at Door Loop, David Bitton, has shared his top 5 indicators that it's time to exit your business, check them out here: https://bit.ly/3zOBf4s
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What are your business goals for 2024? Do you need help with structuring your business? Send us a message today, so we can get started. #BusinessStructure #SmallBusiness #BusinessDevelopment #BusinessStrategy #BusinessConsulting #BusinessOwners
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Is your business ready for sale? Here's the truth: preparing your business for sale is all about achieving the best valuation. Start by understanding your current position in the market sector. Next, review your investments and assets. Some may increase valuation, while others may not. Then, check your operation's readiness. Make it easy for potential buyers to evaluate your business. The key takeaway: the earlier you start, the better. Remember, work with experienced advisors who can guide you through the process. At KLO Partners, we specialize in helping business owners prepare for a successful sale. Whether you need a comprehensive assessment or just some advice, we're here to help. So, are you ready to maximize the value of your business? Let's start the conversation.
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Truly understand the value of your business. Quite often we business owners and get it wrong. We're giving a lot of information. That's just not correct. It's not our fault. It's what the market has to say about things they don't really know about. But if you get a business valuation early on your busi, and you look at what drives the value factors in the business make a significant difference in the way you approach running your business. It's not just about the bottom line profit or top line sales. It's not just about how many assets or what size your i
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