Why You Need Systems To Get A Big Pay Day:-
Cold Hard Facts
* Approximately 80% of businesses put up for sale – don’t sell.
* 20% that do sell, many sadly don’t achieve the price expectations of the seller.
- Businesses that rely on the business owner, usually don’t sell.
- If businesses don’t have proven systems in place they rarely sell.
- There is never a ‘Right Time’ to start systemising. The best time is now.
- I believe baby boomers make up 80% of business owners in Australia, in the U.S. they equate to 9 of the 15 million businesses. So in the next 15 years many will be retiring and the next generation is not as large. = over supply of businesses for sale with less buyers = most prepared will reap the rewards.
Don’t Let Another Year Be Wasted! Where To Start Preparing Your Business For Sale Or Exit?
- Strategically offload low-level tasks you the business owner shouldn’t be doing.
- Create user friendly and proven core work instructions for employees
Then guess what? Less tasks, less fires to put out, reduced time managing staff, more joy, higher productivity. = Time to work on/improve/create all other points below for a business that can work without you and a big payday when you are ready to sell or exit. J
For a Big Pay Day Do You Have These? : –
☐ User friendly and proven ‘core’ work instructions (procedures) for employees.
☐ Proven onboarding the right employees and H.R. solution systems.
☐ A business that doesn’t rely on the business owner/s.
☐ Records of consistent sales and profit with an upward trend.
☐ Legal requirements and documents in place
☐ Industry standard and compliance in order
☐ Financial and accounting metrics
☐ A product or service in a growth (not declining) market.
☐ Great positioning within a niche or are well placed geographically.
☐ Visibility as one of the leaders in your field and/or a great reputation.
Celebrate an even bigger payday if you also have: –
☐ A Unique offering.
☐ Recurring income and/or future contracts and forward projections.
☐ Little or no immediate development investment requirements.
☐ Brand recognition.
☐ Valuable I.P. (Trademarks, patents, systems, testimonials, loyal database etc.)
☐ Valuable stock and/or ownership or long quality lease of buildings etc.
Essential System Solutions work personally with you to save time, maximise profits and give you back your headspace and sanity. Feel back in control with your core systems FINALLY done in the easiest way possible. This means you get time for working ‘ON’ the business and precious time for your family, fun and holidays.
To discover how you can fast-track your systemisation the easy way that works for time-poor business owners,
contact Linda on 0418 991 636 or Linda@EssentialSystemSolutions.com.au