Exit Strategies
This programme is for people who have decided to exit the business they have built. A profitable business has been created and as the business owner, you now expect to be rewarded for the energy, financial resources and personal sacrifices you have made over the years.
Your investment by engaging JB Business to prepare your business for sale will profile your trading history and also demonstrate growth opportunity to a prospective buyer. The value JB Business adds will not only maximise your asking price but also ensure you, as the business driver for many years, are well prepared for the day you exit your business.
During the exit preparation process it may emerge there are other alternatives to a complete sale such as family succession, re-structure or a joint venture operation. Until you engage in the process those opportunities remain hidden.
The quality of your systems, financials and contracts impact directly on your asking price.
The value JB Business adds is mainly to maximise your asking price, but it can also include re-structuring the business to enable the new owner to continue the success you built into the business. Janet believes it is important the owner receives market value and to achieve that it is important to:
- Present a business profile robustly positioned for the future
- Show clear pathways for future development or diversification of the business
- Highlight the standout features of the business to convince the buyer of a sound investment