Good entrepreneurs often make the bulk of their wealth by maximising their sale price when selling their venture. A well-orchestrated exit strategy is a critical component of their business plan and is usually produced well in advance of starting the business. However, most business people haven’t started their business with the intention of strategically maximising the sale price. A large number of business owners tend to view their business sale and their retirement as a simultaneous event, often postponing the sale until the day they want to stop working. Now, consider this – the leading edge baby boomers are turning 72 this year so there’s a reasonable chance the market for business sales could get a bit crowded in the years ahead with baby boomers wanting to retire. Selling a business without some good planning is like heading into the mountains without a topographical map.
Most business owners only sell a business once, which means they only have one chance to get it right! Not very good odds! If you’re thinking of selling your business this year, next year or in five years’ time, it’s essential you get some good advice so you have the best chance to achieve a maximum return. This interactive seminar will help you identify where your business sits on the readiness scale.
Link Business Broking is a NZ based International Business Brokerage with 7 offices in New Zealand and offices in Australia, Sth Africa and the United States. We have several brokers in our offices here in Wellington.
Presenter: Dave Morgan – General Manager, LINK Business Broking - Wellington
Dave Morgan has had a successful career as a business investor, spotting businesses in need of professional management and robust operating systems. He has bought and sold businesses in the tourism sector, retail sector and the service industry and has extensive experience operating multiple franchise outlets. Dave has been selling businesses in the Wellington Region for 9 years and has run the Link office in Wellington since 2009.