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Why Small Businesses Prefer To Be Acquired

…it is important to know the fundamentals of what an exit strategy is, what acquisition is and why it is highly desired. Thus, it is also important to be aware of the implications of acquisition and the steps that are needed during the acquisition period.  

Sourced through Scoop.it from: linkilaw.com

Here’s a heads-up article out of the UK. Much of it applies on this side of the Atlantic. If the author is describing your company, contact EGS to begin the acquisition process at no cost.

4 business exit planning factors you should consider

Business owners get caught up in the day-to-day challenge of establishing & growing a business, and it often doesn’t feel like the right time to think about your next move. Yet an exit strategy should be a core part of your business exit planning.

Sourced through Scoop.it from: www.hwca.com

Solid advice from the U.K. These 4 factors are also part of EGS approach. Begin a conversation with us to learn more.

Your Business Exit Strategy In 9 Steps

Exiting your business is inevitable. It will happen whether you’re in control of it or not. So make a plan now and start getting your business ready for the next owner. It’ll help you command a better price, and increase the chance that your business survives.

Sourced through Scoop.it from: www.xero.com

Whether you are ready or not, EXITS HAPPEN. Here’s a simple checklist artice, a four minute read. What to do when finished? Call EGS to implement a custom, value-driven exit strategy.

How to Value Your Businesss

As the seller, you will have worked hard over years, maybe even decades, and will want to maximize the amount you receive. As the buyer, you will want to ensure you’re receiving maximum value for your dollar, and feel reasonably secure in the eventual profitability of the transaction.

Sourced through Scoop.it from: us.businessesforsale.com

This may be the longest article (three parts) we/ve recommended. Solid content here. One method not discussed is the outside consultant. With a storied track record, EGS is ready for the hard work of setting the highest possible valuation.

How entrepreneurs should plan to leave their business behind

Another external resource to consider is an external advisor or broker — someone with expertise in your industry — to help navigate the process and get you the best possible deal. And finally, if you don’t want to be a part of the acquisition after it happens, you need to make yourself needed but not necessary so they’re buying your team and your company, not you.

Sourced through Scoop.it from: business.financialpost.com

You may find your situation in the case study included in this article. No? Ask EGS to evaluate then recommend a course of action for your specific business.

Start-ups: How to get your exit strategy right

You’ll need to be clear on your exit strategy,’ says Cordrey. ‘That means being upfront about whether you intend to stay on and help take the business to the next level. And whether you want to take all of your cash off the table, or defer some of the payout.’

Sourced through Scoop.it from: www.managementtoday.co.uk

Kind of an interesting case study here. Every exit plan is unique, and calls for expert guidance. it’s what we offer at EGS, starting with a courtesy consultation.

Exit Strategy Definition – Entrepreneur Small Business Encyclopedia

The planned exit of an owner from their business

Sourced through Scoop.it from: www.entrepreneur.com

Emphasis on planned. No plan? EGS has your back. We have short cuts to bootstrap your strategy.

The Most Important Steps to Getting Your Business Ready to Sell

If you’re planning to sell your business, it’s a good idea to "dress" it for success to help attract the best suitors. Just like selling a house, preparations need to be made. As you transition from business builder to owner to seller, we at MGA urge you to ask yourself these questions:

Sourced through Scoop.it from: blog.mgallp.com

These MGA guys out of Houston offer several good questions to cue-up a business selling effort. Digest, then contact EGS to ramp-up your effort.

“Failing to plan is planning to fail” – Put your succession plan and exit strategy in place today

As a business owner, you will spend years developing your business. From concept and your first ever business plan, through to applying for investment and forecasting your business takes on a life of its own. 

Sourced through Scoop.it from: www.allthingsbusiness.co.uk

Although this British firm likely won’t be able to directly assist with an exit strategy, their insight helps. EGS is your go-to for quick succession planning and an exit strategy.

Before you start your new business, think about your exit strategy.

…A good business plan is long-term, with both a start and a finish. By planning your business exit strategy before you begin, your journey will be more rewarding, and your business better equipped to deal with future challenges.

Sourced through Scoop.it from: www.pretiumsolutions.com.au

Here’s a revised favorite, repeated for your benefit. EGS is 100% on-board with this advice.