Most business owners are unable to sell their business at a
multiple of earning satisfactory to them. Typically they get two or three times their
pre-tax profit, if they're lucky.
One book that every business owner should read 3 – 5 years
before selling their business is John Warrillow’s book Built To Sell - Creating A Business That Can Thrive Without You.
When you read Built to Sell, you’ll
discover more than just how to design your company so you can sell it for a lot
of money down the road. You’ll also find powerful strategies for getting more
growth, profits, and results from the time and energy you put into your
business today.
Following the principles in Built to Sell
will…
- Make your company a stronger competitor in the marketplace.
- Dramatically increase efficiency and productivity in all the key areas of your business.
- Free up a large portion of your time by automating things you don’t need to handle personally.
- Increase profits by opening up critical bottle necks in your business processes.
- Allow you to start stepping away from your business more often with the confidence that things will continue to run smoothly in your absence.
And in turn, when the day comes that you’d
like to cash out and sell your business, having built your business with these
principles will allow you to…
- Quickly find a buyer, instead of spending years waiting for the right offer.
- Get the maximum amount of money for all the hard work you’ve put into building your company.
- Reduce the need for, or length of, an “earn out” where you are required to continue working at your company after it’s sold (when you’d rather be enjoying all the money you just made).
Whether you want to sell your business next year, 10 years
down the road or would just like to know you could sell your business, focus on
what drives up your multiple and you'll be pleasantly surprised at the value
you create, Warrillow promises.
For a complimentary consultation
Contact Cecil Williams
For more information call me at 888-925-5055 ext.206
Visit my website to search for business for sale in Florida
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