Make Your Business Buyable and Transition on Your Own Terms
Are you pondering moving on to the next phase of your life?
Would this mean selling your business for top dollar to an eager strategic or private equity buyer?
Or transferring your stock to an ESOP?
Or perhaps handing over the keys to your offspring or an SBA-funded buyer?
Whichever path you choose, what you really need is your business to be “buyable”.
In other words, it has to become an attractive investment for others who want to own a profitable, growing and differentiated business. Preferably one that will not need you to run it.
The cold fact is that only one in 10 businesses ever finds a buyer or investor. The rest are “unbuyable”.
And sadly, unbuyable businesses don’t transform to “buyability” overnight.
It takes time and attention to make the business consistently growing, self-managing, and double-digit-profitable.
It also helps if no customers or suppliers dominate.
So what are you going to do?
Will you wing it and hope for the best? – Or will you put your head down and make your business eminently buyable in the next couple of years.
If you are considering the latter option, We can help you, having made over 150 businesses buyable ourselves as entrepreneurs, investment bankers and business coaches.
We know the ins and outs and have written books on the topic.
