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One Business Model – Ouch!
New: Radio Interview with BTF Kevin Horek
Thank you Kevin for such a fun radio interview! For those of you who want to hear John Hamel talk about what little he knows on companies selling and a bunch of stories for 50 minutes, please see the link below. We would love feedback if you do.
We are a Pre-Sale Business Evaluation & Preparation Company.
It's hard to climb the mountain for the courageous few entrepreneurs who choose to risk their own careers, reputations, and financial security to improve the world for us all while facing a high start-up failure rate (over 76%) to build something great.
The views at the top are incredible yet entrepreneurs still have to survive their exit down the mountain in order to be rewarded with their achievement.
One of the ways we've found that best increases the probability of achieving the descent, with the best reward, is first understand what shape the company is in and then follow a strategy to achieve the desired goal.
We focus on small to midsize businesses with 3-35+ million in revenue. Often owners, in this size, are left to a only a CPA, Attorney, Business Broker or Merger & Acquisition to a job that often takes multiple advisors to avoid heavy discounts and optimize the price.
Because of this many companies of this size are extremely undeserved and unprepared for buyers due diligence and eleventh hour closing games..
Most companies should see at least a 25%-100% price increase from current value, with proper preparation, before sale.
Evaluation of your company early will allow the company to keep on track and realize the biggest financial reward.
Often discovery of deficiencies by Merger & Acquisition, during engagement, does not allow enough time to fix issues and leads to a reduction in price necessary to close the deal.
New: Pre-Sale Business Evaluation
DOES THIS SOUND FAMILIAR?
What Business Owners are saying:
“These are thought-provoking questions.” Pat F., WA
“These are perceptive and incisive questions.” Marc L., CO
“I would have never guessed half this stuff.” Ron J., NC
“I’ve sold several businesses, but if I knew before what was in this report I would have made more money no question.” Robert N., CO
ex·it strat·e·gy - noun: exit strategy; a preplanned means of extricating oneself from a situation that is likely to become difficult or unpleasant..
A Must Have Book for Exit
I think you will find some interesting ideas to work through with Dr. Dennis