15 Minutes To Action - Preparing Your Business For Sale
In this week’s ’15 Minutes To Action’ episode, Nick talks you through the process of getting your business ready for sale, and how to achieve “exit readiness”. It’s all about preparation, and in this show, Nick talks you through the best ways of maximising your company’s value along the way.
Find out now if you’re building a high-value, exitable business (even if you have no immediate plans to sell it). You’ll get an instant PDF report with powerful insights specifically tailored to your business in just 4 minutes.
https://highvalueexit.scoreapp.com/
KEY TAKEAWAYS
If you want to achieve something amazing, then it’s always preceded by a period of preparation that can sometimes seem unexciting. But it’s absolutely necessary. Always keep your focus on maximising your business’s value. If the long term aim is to sell and exit, then write that into your DNA from the beginning. In the run up to selling your business, allow yourself a period of triage, during which you can optimise it for sale. Generally this period should last between six and eighteen months. Optimisation for sale should always leave a little breathing room for new investors to take it forward. There should always be some potential for development, that new hands can exploit.
BEST MOMENTS
‘Being focused and disciplined can sometimes be where the challenge is’
‘Great businesses are focused on making sure each area is optimised’
‘It’s crucial that you go through your business, looking at it through these lenses’
‘Make your business remarkable, Make it stunning. Make it predictable. Make it look like it’s a well-run machine'
VALUABLE RESOURCES
6 Peaks of Value Creation Scorecard - https://scaleupyourbusiness.scoreapp.com/
ABOUT THE HOST
Nick Bradley is a renowned entrepreneur, investor, speaker, and business growth expert.
His background is growing and scaling Venture Capital and Private Equity backed businesses globally. Over the last decade, he has completed 117 acquisitions and 25 business exits with a combined valuation of over $5bn dollars.
His mission is to help business founders build valuable businesses and create life-changing exits so they can realise freedom, wealth, and impact.
CONTACT METHOD
Nick’s Facebook page: https://scaleup.vip/FB
Nick’s LinkedIn: https://scaleup.vip/LI
Nick's Instagram: https://scaleup.vip/IG
Scale Up Your Business, coaching/consulting: https://suyb.global
