Duration

Half day workshop – approximately 3 hours

Audience

"The purpose of creating a business is to sell it!"

Don't wait until you want to, or have to, sell the business - start planning today.

The longer you have to plan and make any changes, the better shape your business will be in when its time to move on.

The benefit of this strategy is that, in the short-term, you can end up with a more profitable business and, in the longer-term, a business that’s more appealing to those looking to buy a business.

Content

• Why you should put a plan in place now?
• What is your business worth now?
• What do potential buyers look for?
• What is your competitive advantage?
• How to put a plan in place to improve profitability and sale price

Benefit to audience

The best time to start preparing your business for sale is the day you start it.

Adopting this strategy makes you focus on having your business in the best possible shape at all times, therefore if unexpected events force you to sell your business earlier than planned, you will be well placed to get a good price.

Recent surveys show that the average age of business owners in New Zealand is mid 50's and many of them are approaching retirement. At the same time there’s a decreasing number of potential buyers in the market. If you want to secure the best price, you need to make sure your business stands out from the crowd.

This workshop will assist you answer the question … "How ready to sell are you?" We will then take you through the process of how to develop systems and practices to ensure that you improve your current financial position and get a good return on your investment.