Business Succession

Preparing Your Business for Sale

Gary John Forster CFP®

Build a Business Worth Buying.

One Day You Will Leave Your Business. Will It Be Ready?

Every business owner will eventually leave their business, through retirement, sale, succession to the next generation or, sometimes, circumstances outside their control.

The important question is:

What will your business be worth when that day arrives?

Preparing Your Business for Sale – Build a Business Worth Buying is not only for owners who intend selling soon. It is a practical guide to building a stronger, more resilient and more valuable business today, while preparing for whatever the future may bring.

R594,00 excl. VAT

About this book

The book explores why businesses fail, cash-flow problems, turnaround strategies, managing risk, business continuity, succession and estate planning, building a business that can operate without its owner, valuation, due diligence and ultimately the process of selling a business successfully.

How can this book benefit you?

Preparing a business for sale is ultimately about creating options.

A well-prepared business with sound financial management, capable people, effective systems, manageable risks and less dependence on its owner is generally stronger and more valuable, whether you eventually decide to sell it or not.

Applying these principles can help you identify weaknesses before they become serious problems, strengthen cash flow and financial controls, reduce business risk, develop succession and continuity plans, understand what drives business value and prepare for the scrutiny of a future buyer.

Most importantly, it can help protect something that may represent one of the largest assets you and your family will ever own.

Preparing early can give you greater freedom to decide when you step away, how you step away and what happens to the business afterwards, whether that means selling, retiring, transferring ownership to management or passing the business to the next generation. The book’s underlying objective is to build an asset that supports your financial security, protects your family and retains value after your involvement ends.

Don't wait until you want to sell to start building a business worth buying.

Gary John Forster CFP®

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