Have you ever tried to sell your business? What do you think about selling your business in the future?
In my many calls with business owners, I typically speak with two types of people when talking about selling the business.
One person is sure that they will never want to sell the business, so it doesn't make sense to run the business so it could be sold.
The second person is calling me basically in panic mode, that something happened (illness, death, drastic change in the family, etc.), and they need to sell the business now! Yesterday was already late. The problem is that when I look at the business, the business is worthless for many reasons (dependency on the owners, poor financials and reporting, etc.).
I always suspect that the second person was trying to convince someone else that they will never want to sell the business, so they didn't run it to have an option to sell it, which is why they are in the problem now.
It's not about wanting to sell, not about having to sell. It's about the option to sell it.
And when you look at what makes the business more valuable, it's
better financial performance (revenues, profits, cash-flow)
less risk
So my question is. If you don't want to sell it, does it make sense to have poor financial performance and more risk?
Of course not!
So why not focus on maximizing the financials and eliminating risk to maximize the value of your business? It will maximize the enjoyment of owning the business, and you will have an option to sell it anytime you need or want for great value.
For that reason, I have dedicated the whole module of my business course to value-building strategies, where we look deeper into this mindset and how to run your business to maximize financial performance and eliminate the business's risks. We look deep into the key eight drivers of value, and when you score yourself higher at each driver, your business value grows dramatically.
And it's a great segway to the 3rd and 4th modules of the course. Module 3, we look for specific strategies, tactics, and actions to optimize your business's revenues, profits, and cash flow. Apply these, and you can see an increase of 50-100% in profits in the next 90 days or less and other tools to do even better.
In module 4, we look at how to improve every aspect of your business through mergers, acquisitions, and strategic partnerships. We will allow you to acquire all the resources you will ever need and grow your business exponentially.
So let's be strategic and minimize the risks and maximize the profit if you want to keep your business and even if you're going to sell it.
You can check out more information about the course here. There is a super low price till the end of this week (ends August 15th at midnight Eastern Time).
And you will get a complimentary wealth-building coaching session where we will together create a turn-key plan for applying all the strategies from the course specifically to your business to make sure you will see measurable results.
What do you hope to achieve by waiting?
See you insight.
Krystof
