How Do You Find Hungry Buyers For Your Business? Well, this comes around to thinking, and thinking strategically – that word I keep mentioning. The most money that you’re going to get will be if you can make a sale on a strategic basis. An example would be a...
When Should You Tell Your Staff About Selling? You might be wondering at what point in the process do you talk to your staff and go, “Hey, guys, we’re putting the business in the market. We’re going to be selling.” Should you be open and honest...
What Is the First Step in Talking to Buyers? The first thing that I’d highly recommend anybody does is getting an exit audit done. An exit audit is something like a mock due diligence. You have somebody come in. It’s the sort of thing that I would do for people that...
What Does a Business Need to Have in Place to Become Saleable? The first thing is to make sure that you have your business systemised. I can’t stress that enough, whether it’s your sales system, your lead generation system, your financial management system, your...
When Should a Business Owner Start Thinking About Selling Their Business? The best time is when they first start the business. But of course we’re well down the track from all that. When you first start your business, think about what you might want to do in terms of...
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