Most times, the exit from your business can actually affect you in more ways than you can imagine. This is because the success of exiting the business often a time will affect the other aspects of your life.
The process of actually exiting the business can be very tiring as well as equally frustrating. Also, the market value of a company can be far lower than what the business owner has always thought it was. Thus, also adds to the disappointment created by the whole processes and outcome. In some cases, business owners have issues in creating value for the business which creates a lot of uncertainty and stress when trying to sell the business. In some cases when the business is sold, they are often forced to a long term earn-out this along with other factors often causes one problem after another and plans for the earn-out figure not always achieved successfully.
My aim here is to walk you through the entire processes and work together as a team to maximize the value of your business. This will ensure that there is little or no stress during the process.
DIFFICULTIES FACED IN SELLING BUSINESSES
In selling one’s business, it is very important for the owner to be calculative so as to understand the appropriate time to sell their business in order to smile and be happy at the end of the day. In recent times, the rate of exiting business is fast increasing due to the favorability of selling one’s business. A typical example to take note of is the Baby Boomers that started turning 70 in 2016 – this has facilitated the interest of many business owners to start existing their business due to the benefits revolving it. It is a definitely a buyers’ market as there is bigger supply then demand. There is high percentage of business owners looking to exist and not enough buyers. In the past business owners had expectation to make over a multiple of 5X and even more but this isn’t the case anymore. The Australia clime presently, SME businesses are sold around the multiples of 2.5X EBIT. This is the crucial phase that a business owner that thinking of exiting should take into consideration when selling their businesses.
ALTERNATIVE SOLUTIONS
No doubt, we have highlighted the important factor that a business owner should be familiar with and the need to devise the best processes to sell the businesses at a suitable time. This is not relatively easy as you might be thinking, for this easiness has misled many business owners not to make decent multiples or help them find buyers at all. Regardless of this, many big companies are thriving, realizing multiples of 10X or 15X EBIT. This is the basic reason if we work as a team, I will be providing you a distinctive method that differs from the usual procedures used by others. This is an unusual method that will offer you as high as 6X EBIT often the same levels as the leaders in the field.
Aside the huge profit from using my unique strategies, there are other numerous advantages associated with it. In this case, if you are willing to take action and achieve these advantages, kindly contact me so we can all put hands to deck to help you in exiting your business with an enormous value attached to it. We promise to calmly work with you and give you the necessary explanation briefly for your business.