Rich Gunn, Certified Exit Planning Advisor and Partner at accounting and advisory firm BPM , also offers Value-Focused Business Planning. getty Business owners are often unprepared for a business exit and experience a great deal of anxiety when it comes time to sell. Potential buyers will bring in a team of experts to assess risk, commonly contributing to that anxiety. The more risk that buyers discover, the less they are willing to pay for the business. Here are a few steps you can take today to reduce risk and bring even greater value to your business. Taking these actions can help you be better prepared and more confident when you ultimately sell your business. Other benefits may include the realization of greater operational efficiencies, profitability and employee satisfaction. Become A Risk Hunter There are risks inherent in each area of your business operations. Look at each functional area of your business, from warehouse operation to the accounting function, and question, “Where can things possibly go wrong?” Whether it’s preventing warehouse accidents, eliminating operational inefficiencies or preventing theft, eliminating risk can increase current profitability. It also makes your business more valuable from a buyer’s perspective. Ask Your Front-Line Employees You […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
