Baby Boomer small business owners feel frustrated and “cheated” when they sell their business. They despise being told “your business is not worth much” or “even though you spent 15+ years building your business, it’s worth less than $1,000,000”. Owners want more money when they are ready to sell their business, even if the reason for selling is a tough economy, loss of a key customer or key employee, personal illness, or just “ready to retire.”
Often, owners don’t get the advice, structure, processes, education and accountability on how to prepare their business for a successful financial exit with higher valuations, and bigger checks, from their accountant, lawyer, banker, insurance agent or business networking group. One solution to help owners avoid the frustration, and ensure a smooth and strong monetary buyout, is to create a strong exit plan BEFORE the desired sale date.
Franne McNeal, President, Significant Business Results LLC, offers a complimentary invitation only proprietary Value Builder Score, to help business owners get an objective benchmark of their business. Regardless of whether a business is focused on growth, scale or preparing to sell, the 8 key drivers company value acts a “lens” to business strengths and weakness, and help business owners focus their energy for action, so they can achieve significant results.
Why are baby boomer small business owners surprised at “low” offers for their business? It’s because they are “valuing” their business based on emotion – their emotion, time, energy, blood, sweat and tears, and not evaluating their business from the “buyer’s” perspective. It could also be that the “owner’s trap,” where the owner IS the business, is forcing the business to be worth LESS, because their business doesn’t operate without them. If the owner makes most of the sales and decisions, limits their vacations, and is hesitant to delegate, the business isn’t worth much to the buyer.
Franne McNeal, brings the experience of working directly with 886 small business owners, who generated 15,000 jobs and nearly one billion in annual revenue. Her expertise in training, coaching and holding business owners accountable for growth, and scale, is evidenced by her proven and structured methodology, which helps owners evaluate their business on the 8 key drivers of company value.
As a Value Builder Advisor, Franne McNeal shares that “business exit planning and strategy begins when you start a business and should be reviewed every year as you grow and scale; and especially 3 to 5 years before you want to sell your business”. For business owners who are serious about selling their business in the next 3-5 years, Franne McNeal provides a complimentary invitation-only, proprietary value builder score assessment.
Franne McNeal also provides resources such as the 8 Key Drivers of Company Value, The Exit Checklist and The EndGame to help business owners so they can be better prepared, even if the business owner is not thinking about exiting the business or selling the business.
1. Free eBook: 8 Key Drivers of Company Value
2. Free eBook: The Exit Checklist
3. YouTube Video: Why You Should Get Your Value Builder Score (Franne McNeal)
Video Link: https://www.youtube.com/embed/FAlYzb79PEs
Media Contact
Company Name: Significant Business Results LLC
Contact Person: Franne McNeal, President
Email: Send Email
Phone: 610-529-2441
Address:P. O. Box 807
City: Bryn Mawr
State: Pennsylvania 19010
Country: United States
Website: https://www.significantbusinessresults.com