Business Advice

The Seven Deadly Sins Of Business Valuation

1. PRIDE You think your business is worth a lot of money because you have had it for 15 years. Unfortunately it doesn't matter how long you've run your business. Its the value proposition that you're offering to the buyer that matters. You could have a business that you ran for 20 years and it could be worth nothing or you could have just started up a business and it coul...

Have You Thought About What Your Business Is Worth? When You Come To Sell It, It May Not Be Worth As Much As You Think

In my experience, most business owners don’t start thinking about what their business is worth until they start thinking about getting out. A recent global survey by Grant Thornton identified that 45 percent of Australian owners of privately held businesses are thinking of selling in the next ten years. This figure is only topped by New Zealand, where 69 percent of b...

Don't Sell Your Business Just Because You're 'Over It' Why? It's The Worst Possible Time To Sell

As you and your business enter into your second five years, beware of the symptoms of burnout. We know them all too well. We've been there. This is the time most business owners start thinking about selling. And, just because you feel you are done with the business is not a reason to put it on the market. Bottom line: if you do, you won't get what it's worth. So, here a...

Selling a Business - Lessons from Mount Everest

We know the person who knows your business best ... is you. Why?  Because, we’ve worked with many small business entrepreneurs who are, in fact, experts in their industries. However, when it comes to selling your business … are you mentally ready for this journey? The Invisible Entrepreneur, invites you to consider a new way of doing business. ...

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