10 ways to maximise the value from the sale of, or exit from your business
- Have a plan and timeline as to when and how you will sell your business – do this long before you plan to exit
- Ensure you have a strong brand with marketing activity that adds to your bottom line
- Ensure your business is structured correctly to allow you to exit
- Make sure your systems and procedures are well documented
- Get your staffing right; “The right people on the bus, sitting in the right seats and facing in the right direction”
- Capture financial information that demonstrates the growth you are achieving
- Present this information in a clear and interesting way e.g. use colour and graphs
- Identify and eliminate poor performing aspects of your business
- Consider a gradual sale process or staying on as an employee after sale for a period of time
- Engage us to prepare your sale package with your input (often called an information memorandum)
