Business exit – Activate Management Group

What do you want to achieve in your business? standard

We all have our reasons for being in business - what are yours? And more importantly, what do you want to achieve next with your business? Why what you want matters As the owner of your business, your business exists to serve you. As the leader of your business, your passion and commitment to your business, or lack of, influences your whole team. Therefore it is important to clarify your personal goals for your business, before working on the business goals you will share with your team. So, what do you want from your business? Increased profitability and cashflow? Are you working hard, but not seeing the financial rewards? Growth? There is no point growing your business, if the headaches are only going to grow too.  Why is growth ...

Your Business: a Great Wealth Creator standard

Harness the double wealth power of your business Building a business is an effective way to create wealth as it offers two ways to create wealth: 1. Providing an income to you as owner. Income is the profit your business earns from its day to day operations after everyone has been paid (including you, for your work in the business). 2. Increasing the value of your business. Value is the price someone would pay, to buy your business. Profit and value are related. Value is largely, but not solely, influenced by profit. Here are two strategies to increase the profit and value of your business. Strategy 1: Establish yourself as a profitable business Here are some basic guidelines: 1. Establish a real profit In your sale price, ...

Tags ArchivesBusiness exit