Knowing what your business is worth is a vital link to succession and retirement planning. Most business owners regard their business as their superannuation. Unfortunately, more of then than not, business owners believe their business is worth more than what it actually is. This uninformed view usually results in great disappointment when the business fails to meet the price expectation and there is often a shortfall of funds to support retirement.
Want to know how the top 20% of businesses in your industry are doing and how you can join them? Let us show you how with our Benchmarks Improvements report. You can compare how your business is performing, relative to the top players, across key performance indicators. These industry benchmark reports and business benchmarks also include qualitative value drivers that have a direct current impact on profitability and risk mitigation allowing you to realise your company’s true value.
A Business and Succession Plan addresses challenges owners face every day: how to hold onto key staff, how to increasing profitability, what to do when preparing for sale or looking for a change in structure due to altered lifestyle drivers. A Business and Succession Plan helps reduce risks and run a better business and includes ongoing support from our specialist advisors.