What is Exit Strategy?
Exit Strategy is preparing your business for sale to maximise the value to a prospective buyer, it is one of the biggest financial decisions you will ever make in your life.
However, the overwhelming majority of business owners fail to prepare adequately for the event, and we all know the old business adage – “Fail to prepare, prepare to fail”.
As a consequence, according to a recent Business Optics survey, less than 5% of businesses sell for anything even close to the asking price and only 20% sell at all!
Staggering, that even the most sensible and organised owners neglect the simple task of seeking advice on an action that could have such a massive impact on the value of their business and we are genuinely talking two, three and more times the value, assuming it sells at all.
Here at NIAGroup we are happy to share with you a document which illustrates the key drivers that any business should be trying to improve to maximise their sale value and explain why, and how they all work.
Contact us today for a Free, confidential chat with an experienced advisor who could help you make a significant difference to the value of your business before it’s too late – if not today when?
