If asked, most business owners would probably say that it’s their goal to sell or transfer their business for its full value so they can fund their retirement. But unfortunately, many owners have not taken the necessary, critical steps to plan for increasing business value to get what they deserve for their businesses.
Most owners often have 70% to 90% of their net worth tied up in their companies, which means that most are highly dependent on the sale of the business to provide the cash they need for retirement. By not preparing to increase business value and improve performance, owners are essentially leaving money on the table.
Business owners who are looking to sell want to get the highest possible return on their business, which means they will have to boost the value of their businesses before they sell or they will not net enough money, after taxes and fees, to fund the rest of their lives.
I recently had the pleasure of working with Mike Savage, a serial entrepreneur, inspirational speaker and entrepreneur coach, who has built several multi-million-dollar companies over the past 30 years.
For two dates only, February 10 (11 am ET) & 15 (11 am ET), Mike is offering a live, high-level, and interactive Masterclass for Entrepreneurs and Business Owners that will help you develop your own strategy to grow YOUR revenue, profits, brand, and market share.
We can’t stress this enough: Owners are losing money by not improving their businesses and increasing value before they sell.
As a business owner, you’ve spent countless hours and innumerable resources structuring and negotiating deals, developing innovative products and services, and working to serve your customers – now it’s time for YOU to benefit by making the sale of your business your best and most successful deal yet!
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