How Hard Really Is It To Sell A Business?
How Hard Really Is It To Sell A Business? How long does it take to get on the market and find the right buyer? How does the business owner give themselves the best chance of success? These are the three most common questions vendors ask business brokers. Let’s find out the answers, as we […]
Starting Your Business Checklist Part 4: Running Your Business
Rounding out our ‘Starting Your Business’ series, the early days of actually running your business day-to-day can be an exciting time, and a period where you’re really getting to grips with what this business demands of you and your team. All your planning will come together to play out live, and there are several areas […]
Your Business Exit Strategy: Restructuring
During the process of your business exit, you will likely need to restructure the business to prepare for the sale (or, if it is an involuntary exit, to adapt to changes in financial circumstances). Restructuring means to significantly alter both operational and financial aspects of the business, with the aim of reducing any financial risk […]
Starting Your Business Checklist Part 3: Buying a Business
Starting a new business will present its own unique set of challenges and opportunities, and the process of buying a business is no different. There are many reasons why you might decide to purchase a business rather than launch your own from scratch – you might be drawn to the lower risk, existing client base […]
Your Business Marketing Plan Part 2: Marketing Mission and Team
When operating a business, it’s important to be able to summarise your marketing ‘elevator pitch’ quickly and succinctly – this should articulate your marketing goal that aligns with your greater business vision, and your marketing mission and team will go hand in hand. If you’re out in the market or online sharing this messaging, and […]
Starting Your Business Checklist Part 2: Start Your Business Right
So you’ve done your research and planning, and you’ve now decided to proceed and start your business (or, you may have just signed off on purchasing an existing business). In the early days of your business, there are several steps you’ll need to get across in order to successfully set the tone for the years […]
Your Business Marketing Plan Part 1: Marketing Summary
Strategic marketing is essential to the success of any business, and a good strategy doesn’t just happen by chance – it requires a well-considered marketing plan. Your marketing plan document will act as your roadmap as you implement your strategy, and ensure that you stay on track to market for your specific business goals. Here […]
Starting Your Business Checklist Part 1: Before You Start
It’s a significant process to start your own business, and preparation is critical. When using your business checklist, there are several steps you’ll want to be across before you start. Not only will these steps set you up for success in the early days of your operation, but you’ll also gain insights that will allow […]
Your Business Exit Strategy: When Is The Right Time?
No matter where you are in your business owner journey, it’s important to plan for your business exit and develop a business exit strategy. There are various reasons for a business owner to prepare for their exit, including a change in their circumstances or lifestyle, an increase in competition in the market, or simply a […]
Your Business Plan Part 12: Assets
As we’ve shared across this series, your business plan will develop through a series of iterations as your business grows, even after you’ve completed all sections of the document. A successful business plan (and business owner) also has the agility and flexibility to pivot with new information received, technology advancements or shifts within the market. […]
