Given that many business owners need to transfer their ownership interests sometime in the future, it is important to know what your business is worth before any consideration can begin.
Even if you are not planning on selling today, it is smart to know how much your business is worth if you were to be approached about selling. You might assume that the only time you will need to know the value of your business is right before you list the business for sale. However, having an understanding of what it can be worth can help you map out a plan for your business and shape its future.
You might think that you will be able to sell your business when you’re ready to retire. But if you can’t sell it, what will you do? You will have to potentially manage your retirement in other ways. That’s why knowing what your business is worth before you start making life-changing decisions is very important.
In this live and interactive online event, join Denise Hall from Xcllusive Business Sales to learn:
- Why a Business Owner needs to know what their business is worth?
- Why 'Market Value' is important?
- What actions can be taken to improve the value of your Business Asset?
Who should attend:
All business owners or advisors looking to start or continue the Exit discussion based on being able to make informed decisions – not only about the business’ s saleability, but also how it will be regarded in the marketplace in terms of pricing and level of interest.
About Denise Hall.
Denise Hall is a Business Value Analyst from Xcllusive Business Sales and she confidentially appraises 200+ businesses per year on behalf of fellow Business Owners to kick start the sale process. This places her in the rare position of having looked under the hood of businesses in all industries, and of all shapes and sizes, ranging from 1 person to many people, from $10,000 to $10mil turnover. As a result, she has a strong handle on both saleability and indicative pricing in the current market place. Denise is also a consultant for Ai Group's Business Improvement & Growth (BIG) Hub: https://www.aigroup.com.au/resourcecentre/big/