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Ain't Nobody's Business but Your Own
| Guest post by: Dan McDevitt |
Article Overview: This is you, this is your decision. Business and personal intersect when releasing the dream. A good plan can keep you from a nightmare. The steps we see working well for both current and future owners includes understanding how to best value, market and manage the transaction. You consider numerous liquidity options and make decisions based on your defined goals. Align yourself with a discreet advisor in making these decisions affecting your proceeds. Prepare yourself when you plan to sell your business.
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Free Download - Management, Can You Help Me Here? By Dan McDevitt |
Ain't Nobody's Business but Your Own
You Have To Plan To Sell Your Business
The process will have some variation. Thinking about selling your business requires a lot of thought.
The idea remains the same. Think to sell and have a plan to sell your business.
Each merger and acquisition transaction is unique and individual, and personal to the seller. Business and personal intersect when releasing the dream. A good plan can keep you from a nightmare. The steps we see working well for both current and future owners includes understanding how to best value, market and manage the transaction.
Prepare yourself. When you know the realistic value range of your company, you are better prepared to reach informed decisions regarding your objectives transaction options. Your intermediary and you will share knowledge of the marketplace, study internal and external factors in play, and consider the climate and activity in the investment and business communities. You consider numerous liquidity options and make decisions based on your defined goals. Align yourself with a discreet advisor in making these decisions affecting your proceeds. Prepare yourself when you plan to sell your business.
Present Yourself. Your marketing plan to sell your business will favor quite orderly exposure to only a select group of prospects. While you take care of your business, your intermediary will softly oversee the assembly of needed documentation. Potential qualified buyers will see concise and detailed information that presents an appealing opportunity. Your presentation must compete well with other acquisitions under active consideration.
Ain't nobody's business but your own. Your business is your business, your creation. When it is time to sell, think it through, work with your intermediary and take it step by step.
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Article Tags: business sales, decisions, liquidity
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About the Author: Dan McDevitt RSS for Dan's articles - Visit Dan's website Dan McDevitt is a creative business consultant & intermediary. Experienced in hospitality, management and training, business sales and franchising. He takes a leadership position in helping others, clients and associates, reach their business goals. He has opened and operated several businesses, served in corporate management, marketing and training positions, and is Founder and Director at Marketserve Management & Marketing Studio. His wife Geri is a nurse, and their cat Romeo is the cat in charge. Dan writes articles and web content to help corporate clients and non-profits communicate with stakeholders and spread their message. He is an award winning author, speaker on leadership and business avancement, and is scheduled to release This British Reverend and Another Business Book in 2010. Click here to visit Dan's website   The Heroes Plan Their Business The Heroes Direct Their Business Live Consultant Thinking Some Essence of Managerial Skills Investing Management in the Hotel Business Live Consultant Thinking Looking at Honest Confidence and Integrity |
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- this is a fascinating book about the history of Business theory, and I'd recommend it to anybody.
2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto.
3. PADI: The Business of Diving Book
Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Exclusive: Interview with Results
- Hi Forum Members,
I'm helping start up a Business Coaching and Consulting company here in Toronto, Ontario, Canada (a Subsidiary of RSC Business in Los Angeles).
As a Research and Development Intern I am required to practice my listening and interview skills by surveying Small and Medium Businesses on thier Business.
This Survey is designed by RSC Business to also assist the Business being interviewed more insight into their own business.
I am looking to interview about 30 businesses across North America over the span of 3 months.
At the end of these interviews I will be publishing a report of the results and they will be made available for free to the Interviewees. The Report data will include responses from a minimum of 100 interviews.
I would like to extend this opportunity to members of the Forum.
If you would like to have this short 20-30 minute interview conducted on your Business and you reside in North America please send me an email or PM.
Please contact me at andy[at]jvprosperity[dot]com to arrange our interview and to get free access to the results when they are published.
Re: HOw to market a B2B consulting company
- [quote="zohahunt77":428owzbi]Hi, I was wondering if anyone can tell me the difference between B2B and B2C. I don’t know about b2b marketing but I have done marketing so know things about it. I will suggest you to take online services which will spread your business all over web network. Online marketing is the best way to market any business.[/quote:428owzbi]
B2B = Business to Business - You are marketing to other businesses.
B2C = Business to Consumer - You are marketing to consumers.
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- I found an article in Business Week and I found this quite interesting.
[quote:ka7lg35i]Who Prepares Better Business Plans, Men or Women?
A new study based on four years of data from men and women in a training program for microenterprises finds that they come out the same in quality scores. "However, women scored significantly better on the presentation of their plan to judges," conclude the study's authors, Ronald G. Cook, Paul Belliveau, and Christine Lentz of Rider University, in a paper presented at a recent meeting of the Small Business Institute. [/quote:ka7lg35i]
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