Blog
From Christine Nicholson, an award-winning professional business mentor, author and speaker.
Can Employee Morale Make Your Business Exit Easy?
Employee Morale = An easy exit? No always! High employee performance and morale are often seen as indicators of a thriving business. However, they do not always guarantee a smooth and successful transition for your business exit. Various underlying factors can affect the business’s ability to maintain performance and morale post-exit. Dependency on Current Leadership […]
How To Get Even More Value From Your Business
Top 10 Questions About Business Valuation – Answered Understanding how to get even more value from your business is critical to help in strategic planning, investment decisions, and potential sale negotiations. Here are the top 10 questions about business valuation answered to guide you through this essential process. Q1: What is my business worth? Determining […]
How to Make Your Business Exit Faster
High customer satisfaction is often seen as a key indicator of a successful business. It does not necessarily guarantee a smooth and profitable business exit. Various factors come into play when determining a business’s health and readiness for an exit. Here, we explore why high customer satisfaction alone may not be sufficient for ensuring an […]
How To Create More Business Value with Exit Planning
Exit planning is a crucial process for business owners looking to maximize their business’s value and ensure a smooth transition when they decide to sell or transfer ownership. Here are five compelling reasons why exit planning is essential for business owners. 1. Maximizing Value A well-executed exit plan can significantly maximize the value of the […]
Make Your Business Value Higher With Competitor Benchmarking
Preparing for a business exit involves a thorough understanding of factors that influence the sale’s success. While knowing your own business value and your strengths is crucial, understanding your competitors’ weaknesses is equally important. This comprehensive approach helps in identifying market opportunities, assessing industry stability, and ensuring a realistic valuation of your business. Identifying Market […]
How To Get More Business Value With Operational Excellence
Why Might a Flawless Operational Business Not Necessarily Be Ready for an Exit? An operationally flawless business may seem ready for an exit at first glance. However, there are several underlying factors that can make it less attractive to potential buyers. Understanding these factors is crucial for business owners planning an exit strategy. Operational Dependency […]
How to Successfully Complete a Business Sale for More Money
Sometimes getting an offer is the easiest part of the journey. If you aren’t prepared for the next steps in a business sale there is a high chance it will still fail to complete. With one client this resulted in the ultimate rollercoaster exit journey that includes a failure, reset and finally success. Where Did […]
How to Reduce Owner Reliance and Create More Business Value
7 Telltale Signs Your Business is Too Dependent on You (And What to Do About It) As an entrepreneur, you’ve likely sacrificed countless hours building your business from the ground up. Your blood, sweat, and tears have turned a dream into a living, breathing company. However, an overdependence on the owner or founder can actually […]
Get 6 Time More Money for Your Business Today
From the outside, some businesses seem successful but on the inside there are cracks that appear more clearly when the shareholders have different needs from their business value. Your business may reflect some if these issues too. Here’s how you can apply what one business learned to your business today. Specialist Technical Services Company Discover […]
How to Make Your Business Worth More Today
Your guide to making your business worth more so you have a richer, happier future. A Cautionary Tale Once upon a time, not long ago and not far away there was an ordinary man, called Trevor, who had built up his business over nearly 20 years. He employed nearly 100 people and generated about £10m […]
How to Get the Most Money for Your Business
Understanding Value to Avoid Underselling What happens when you get an unsolicited offer that looks good? And you start thinking about what’s next and how accepting this offer will work? You wouldn’t be human if, in your mindset, your business is sold and you’re already spending the proceeds without thinking “Am I getting the best […]
How to Get £1m More for Your Business
Freedom plus £1m More in Value in Less Than 1 Year What happens when your passion for your business starts to drop? And you start feeling like it’s a weight to carry? Here’s how one of our clients took his business to the next level by getting out of it. Overview I remember my first […]
Make More Money on Exit With a Strong Team
Building a Strong Management Team to Get More Money on Exit As you steer your business towards a potential sale, the strength of your management team becomes a pivotal selling point and makes you more money. It’s not solely about your leadership; it’s about the collective force driving your business forward. Here’s how you can […]
Make Your Business Worth More: A 5 Step Guide
When you’re poised to sell your business, the first towering question that looms is, “What’s it really worth? How can I make it worth more?” Valuing your business is not just about the numbers; it’s about understanding its heartbeat – what makes it thrive, what makes it unique, and ultimately, what makes it desirable to […]
A Blueprint for Better Business Success
Taking Charge of Your Profit and Loss Statement for Business Success Running a successful business involves understanding your numbers. Your Profit and Loss (P&L) statement is a hero in this aspect. It’s a report that helps you keep track of your revenues and costs and allows you to make strategic moves that can boost your […]
Get the Best Exit Value with an MBO/MBI
As a business owner, the decision to exit your business and pass on the mantle can be daunting. Two popular exit strategies that you may come across are the management buyout (MBO) and the management buy-in (MBI). Here, we bring you a comprehensive guide to understanding these strategies for a higher exit value. We also […]
How to Successfully Transition Out of A Business
Transition out of a business is usually something a business owner doesn’t think about until it’s too late. And accountants rarely have the conversation with them about it – yet they can easily see when a business owner is coming up to retirement age! Successful Business Transition: A Guide for Accountants Starting the Exit and […]
Get More Value From Your Business With a Business Mentor
Success with Business Mentoring: Why It Works Navigating the changing tides of business can be challenging. Getting a mentor is one of the critical success factors. In fact 70% of all successful businesses that survive their first 5 years have a business mentor. The dilemma many business owners and directors face are distinguishing the exceptional, […]
Make Your Business Worth More With An Acquisition Strategy
Introduction: Stepping Back, But Not Out of Your Business As a business owner, you’re not just one individual, but many. When the time comes for you to take the backseat, you may notice a noticeable leadership vacuum within your organisation. This is where an acquisition strategy as a business exit opens up channels of lasting […]
5 Exit Planning Steps for Make Your Business More Successful
Business Success: Straightforward Steps for Every Entrepreneur As a business owner you understand that running a business is a tough gig, so here’s a straightforward, no-nonsense guide to exit planning that helps you scale up and get exit ready. 1. Engaging with Your Customers: Let us start by talking about your customers. They’re the lifeblood […]