Kerry Boulton On Exit Strategies
Baby boomers, which I call “seniorprenuers” especially fit this profile.
A whopping 41,200 business (valued at over AUD8 Billion) are already up for sale as at October 2014.
In the next ten years, there will be whole lot more on the market which will place a downward pressure on prices.
Here is what you will learn in the video:
What is an exit strategy?
It is a way for you to exit your business in a timely and economic manner that will allow you to focus on life after work.
How important is it to create an exit strategy for your business?
The 5 D’s (Death, Divorce, Disability, Disputes, Disaster) will be no stranger to any business owner and the earlier you implement your exit plan the healthier your business will be.
What about if you have or plan to have investors?
There are many different options that will apply but the bottom line is to think like the investor and how does the investor get their return on the business? How do they grow their wealth in a timely manner?
How well are Australian’s positioned for exiting their businesses?
Incredibly dire. The highest recorded number of business for sale ever was in October 2014 and with the baby boomers edging closer and closer to retirement that figure will grow immensely.
The uncensored TRUTH about exit strategies book.
This book addresses the myths and hard realities that people face as their time in the business comes to a close and they begin to look at other ventures outside of their work.
What about using your accountant for advice on exit strategies?
You accountant is vital and a key player in your business but certainly not your only option when it comes to exit strategies. A whole diverse range of players will need to be tailored to your business team in order achieve an outcome that benefits all parties.
Why write a book about exit strategies?
Dealing with every aspect of business myself and especially having to deal with one of the major D’s in my personal life I needed to tell others about my experience.
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