Tag Archive for 'Business For Sale'

20/20 Foresight

One of the foundational concepts of the Platinum Program we run is to develop what I call 20/20 Foresight, the ability to predict and/or manifest a beneficial future – regardless of the forces that might be at play. A recent article in BRW Magazine highlighting why baby boomer business owners may retire with nothing makes this point clearly and succinctly.

We know the adage that “knowledge is power”. With this particular knowledge, there is no question that the only reprieve is to build a profitable business that someone wants to buy – because of the FUTURE income streams, not emotionally-laden ‘goodwill’.

Easier said than done, but then again if it was easy, everyone would succeed.

That is one of the many advantages, and largely hidden benefits of our Platinum Program – having discussions like this one, and exploring the options available to select the best choice possible – ahead of the crisis.

Demographic statisticians and economists are mostly in agreement that the largest demographic generation in history, the baby boomers, will have a profound, pervasive and permanent effect on society as they age and exit their cycle. The question isn’t a question of IF, but WHEN.

Each industry (and country for that matter) has a slightly different exposure and corresponding timing. For example a doggy day care will still have good times ahead while baby boomers get older and spend more time with (and money on) their beloved dogs, whereas a construction company relying on the sale of residential homes and units will struggle as existing homes become vacant as boomers move into assisted care living accommodations.

If you’d like to make the most of the next few years, there is no better time than right now to position your business to make the most of what is coming – or prepare your company for a sale before there is a glut of (non) buyers.

Contact us when you’re ready.

 

 

 

 

We STILL want to buy your business

I made a blog post about this about a week ago asking if you wanted to sell your business and our investors are still waiting, with cash in hand…

The requirements include:

  • They must occupy the senior management position in the business;
  • They must have substantial ownership interests in the business. In this respect,
  • It’s preferred he / she own 100% interests in the business;
  • They must employ at least one employee to work in the business;
  • The business turnover is at least $200,000 per annum.

If you have or know of a business that fits this criteria, post a comment and I’ll get back to you.

Onward and upward!

Dr Marc Dussault

P.S.

If you’re looking to sell your business in 1, 2 or 3 years and want to get MAXIMUM CASH for it, you really need to consider the Business Mastery Platinum Program to increase it’s value now rather than later, but that’s a discussion for another day.

Right now, we have people who WANT TO BUY A BUSINESS!