Waiting until you’re 'ready' to pass down your business is...too late

If you’re thinking that you’ll pass along or sell your business ‘someday’ and will worry about it ‘then’….well that’s too late.

It’s like waiting until the day you put your house on the market to create some curb appeal, fix the leaky faucet and modify or renovate the run-down bathroom.

You’re leaving a lot of money on the table by not addressing some of the fundamentals leading up to the ‘listing event’.

And, consider what you else you could be leaving on the table….

You could be passing up a beautifully run company that actually reduces your headaches…now.

You could be passing over better life balance and reaching new growth in your business…now.

The belief that ‘getting ready to pass’ down is reserved for the actual event is actually robbing you of more money, more joy and likely more stability now.

One of the secrets to being an attractive company to purchase?

Answer: Build an attractive company to run and purchase…now.

Those that I’ve spoken to that have exited their businesses (and some in their twenties! so this isn’t a conversation about retirement) all say they wished they built their business with that end in mind and started much earlier to get their ducks in a row.

What are those ducks?

Things like written processes, verifiable data about your business, having an autonomous team are some of the more obvious ducks :).

These are things that can gradually be put into place over time. Beginning now. In fact, you likely have a foundation built already. And, there may only be certain areas of your business that need attention right now.

Acting now will further build your sustainable operations, reduce your business risk, and give you greater satisfaction in running your business.

If you are wanting to grow, it could mean exponential growth over time making your company all the more valuable!

If you’re ready to explore what the ‘build it with the end in mind’ approach could look like for your business, then respond directly to this note or direct message me on the platform you’re reading this.

We’ll set up a conversation where you’ll leave knowing your next best step to take and what possibilities lie ahead for your business.

I’m focussed on supporting small business owners and founders with teams of 2-25 build stable, sustainable and valuable companies that help YOU reach your life and financial goals.

Let’s remove the headaches so you can thrive!

If this is something you want to explore, reach out now to have a conversation.

NOW is YOUR time,

Ariana