How Fast Does Your Business Need to Grow to Attract a Buyer?
23.03.2016
Buyers want to buy businesses that are growing. You already know this. But, growing how fast? What is the growth rate that buyers will pay maximum value for? What growth rate is too low to command top value?
If your exit strategy is to sell your business for the maximum value, you will need to present potential buyers with a written business growth plan that presents a credible and compelling proposal for how your business will achieve and sustain the growth described in this short video.
If your business does not have a track record of working from a written, up-to-date, multi-year growth plan, buyers may pay less for it at sale. Contact us to learn more about our exit planning advice and solutions, and how we help owners create value leading up to and at exit.
Tim is a Consultant to Business, Government and Not-for-Profits Organizations specializing in innovative and challenging ways for organizations to survive, to thrive and to build their teams.
