Develop an Exit Strategy to Sell Your Business
Management Consulting for Small and Mid-sized Companies
Is this you?
- You are a business owner who has run your business a long time
- You are considering selling it sometime in the future
- You fear that you will not get as much money as you need to give you the life style you are seeking and to be able to take care of your family
We understand and we are here to help.
Apollo can determine the approximately value of your company now and can help you build up the value of your company and help you make it transferable to new owners. This will allow you to get the most money when you sell. We call this process, developing an Exit Strategy
Business Valuation
If you are starting to consider selling your business sometime in the future, you have probably thought about how much money you would like to get for it. The first question to consider is how much would someone on the outside be willing to pay? Apollo can do an approximate business valuation to make that determination. We can use several methodologies but most often a valuation based on business profitability makes the most sense. If your business has a lot of valuable assets then an asset value basis may be more applicable.
Exit Strategy
If the valuation you get from Apollo (or any other that you may have already received) is below what you want or need, then Apollo can develop an exit strategy that seeks to maximize the value of your business and develop all of the other features a business needs to be attractive and transferrable. After all, you have worked long and hard and you deserve the most money you can get.
Building Business Value and Making a Business Attractive
The first step is typically to increase profitability and cash flow. We utilize the Apollo Profit Acceleration Technique™ for this. Once we know what we have to do, we develop programs to make that a reality.
The next step is to organize your business so that it can run without you. This means that all the things you do, need to be able to be done by someone else. These tasks need to be accomplished in order to produce the same end product, with the same quality and at a cost that is the same or lower than it is now.
To do this, authority needs to be delegated, jobs formalized, processes written down, financial records accurate, technology in place to provide transparency to operations, quality, etc. You might even have to shift some of your staff around or hire someone with some of the missing skills.
Apollo is perfectly positioned to maximize the value of your business so you can sell it for the most money.
Call (401) 862-6339 today or use the reply box for a no obligation consultation to find out where you stand and to see how Apollo can assist you in reaching your goals.
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