TRansition Assistance - Overview
In general terms, Owners can't start early enough preparing for transitions that will impact their business
- For most business-critical events, little noticemay be provided before the critical event occurs
- Time is needed to build-n resilliency and systems that protect the business in times of change
- When a sale is concerned, time is needed to work on the business in order to maximize the value that can be obtained for the business
- Time is needed to protect the Owners's financial interests in the business and income that wil flow to the Owner after the sale
- Time is needed for the Owner to prepare for what they will do after they leave the business
Maximizing Value, Attractiveness to Buyers, and Readiness for Exit
This includes removing or reducing risks that limit revenue, profits, margins, scalability, and attractiveness to portential buyers.
Normally, a comprehensive and well-managed growth plan will reduce risks, improve revenues and financial results, and maximize the attractiveness and value of the business.
Alder Business Advisors can help identify and address business risks, growth strategies, and focus on imrpvements that will improve attractiveness, readiness, and value
Preparing for What's Next After Leaving the Business
As Business Owners prepare to exit out of their busineses, they face several risks they may not be addressing:
- Not prepared with a plan and proper mindset for what they will do next after they move out of their role in the current business
- Short of all the money they will need to enjoy a full retirement
- Potentially exposed to financial, tax, and legal risks to their nest egg if their estate is not sufficiently protected
As a part of helping with business growth, Alder Bsuiness Advoisors can support the Owner's professional team that helps them prepare for Exit and the Owner's Next adventure
What other factors affect the value of your business?
Business Attractiveness
The attractiveness of a business to a buyer is one factor that determines the size of purchase offers and may also influence sale terms.
Attractiveness factors include:
Tenure, Skill Levels, and Experience of Employees
Customer Loyalty
Brand Strength
Business Systems and Processes
Expected Revenue Growth
Market Position
Synergies with Buyer
Owners have significant opportunity to improve the factors that incresse the attractiveness of the business to potential investors or acquirers.
Focusing on the attractiveness of a business improves the value of the business and often also its revenues and profitability
free business attractiveness assessment can help identify where your company may already be attractive to acquirers and where more work and attention may be needed.
Beyond the results of the free assessment, Alder Business Advisors ' coaches can help you identify and prioritize key factors for your business and help you create simple strategies and action plans for their improvement.
Business Exit Readiness
The readiness of a business for a transition event, or exit of the current owners, also determines the size of purchase price offers and terms.
Readiness factors include:
State and Quality of Company Documentation
Compliance Issues
Contracts
Capabilities of the Employees and Management Team
Expense Management
Management and Operational Systems
Owner Expectations and Preparation
Ignoring factors that reduce the readiness of a business for transfer also erode the business' value.
Focusing on the readiness of a business improves the value of the business and often also its revenues and profitability
The free business attractiveness assessment can help identify where your company may already be attractive to acquirers and where more work and attention may be needed.
Beyond the results of the free assessment, Alder Business Advisors ' coaches can help you identify and prioritize key factors for your business and help you create simple strategies and action plans for their improvement.
many business owners who sell their businesses have regrets
Transforming Businesses with Alder Business Advisors Consulting
Selling too early due to the 5 Ds
Not realizing they may not pocket as much as they expected for their business
Not being ready for what is next
Having unrealistic expectations for what retirement will be like
At Alder Business Advisors Consulting, we are passionate about helping businesses reach their full potential. Our team of expert consultants has a proven track record of delivering innovative solutions that drive growth, increase efficiency, and improve profitability. We work closely with our clients to understand their unique needs and develop strategies that are tailored to their specific goals.
Free Exit-Readiness Assessment
Contact us today to schedule a consultation and discover how we can help take your business to the next level.
What We offer for Business Owners
Self-Assessments
Our team of branding experts will help you develop a unique brand identity that sets you apart from your competitors. We'll work with you to create a brand strategy that resonates with your target audience and builds brand loyalty.
Online, Self-Directed Learning
Our digital marketing consultants will help you develop an online presence that drives traffic and generates leads. We'll help you create a content marketing strategy, optimize your website for search engines, and develop social media campaigns.
Business, Leader, Manager, and Individual and Team Coaching
Email marketing is still one of the most effective ways to reach your target audience. Our email marketing consultants will help you create effective email campaigns that drive conversions and build customer loyalty.
Simple, Proven, Structured Approaches to Growing Their Businesses and Getting Results
We believe in data-driven marketing. Our team will help you track and analyze your marketing campaigns to measure their effectiveness and identify areas for improvement. We'll help you use analytics to make informed decisions about your marketing strategy.
Quick Valuation Estimates
Social media is a powerful tool for building brand awareness and engaging with your target audience. Our social media consultants will help you create engaging content and develop social media campaigns that drive engagement and conversions.
Exit Planning Support
Social media is a powerful tool for building brand awareness and engaging with your target audience. Our social media consultants will help you create engaging content and develop social media campaigns that drive engagement and conversions.
A Network of Other Business Owners Like Them
Influencer marketing can be a powerful way to reach new audiences and build brand credibility. Our team will help you identify the right influencers for your brand and develop campaigns that drive results.
Access to Other Experts
Influencer marketing can be a powerful way to reach new audiences and build brand credibility. Our team will help you identify the right influencers for your brand and develop campaigns that drive results.