Step One of my approach
The first step of my approach is to check how good you could be. You have done great things so far, yet you know that the business could work better. Get an objective outside viw of your business through the eyes of a potential buyer. Take the Value Builder™ survey – built by business owners and experts from the Mergers and Acquisitions industry.
The survey has been completed by over 56,000 business owners just like you. It helps you check how you’re doing and allows you to see where there are growth opportunities. Importantly, the survey shows how you could reduce the business’s reliance on you, and where to focus your efforts.
The survey will provide you with an overall Value Builder™ score out of 100.
8 Drivers of Company Value
Your history of producing revenue and profit combined with the professionalism of your record keeping.
The proportion and quality of automatic, annuity-based revenue you collect each month.
Your likelihood to grow your business in the future and at what rate.
How well differentiated your business is from competitors in your industry.
How dependent your business is on any one employee, customer or supplier.
The likelihood that your customers will re-purchase and also refer you.
Whether your business is a cash hole or a cash tap.
Hub & Spoke
Know how your business would perform if you were unexpectedly unable to work for a period of three months.
The survey takes about 13 minutes to complete, after which you’ll receive your scores and a detailed report on how you can increase your score, an estimated value of your business and a detailed report on how you can increase the value. Based on quantitative analysis of those 40,000 surveys, companies that achieve a score of 80 and above are predicted to get purchase offers that are 71% higher than the average business.
Once you have your score and feedback, the next step is to plan how to improve the score and increase your business value.
GET IN TOUCH
If you want to know more about making your business more valuable, please call me on 07790 615 120 or fill in the contact form below: