Business Coaching Plus

Completing the picture

 

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Choosing a Business Coach

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A business coach provides: Advice, Guidance, Support, Experience - drawing from their business and coaching experiences and capabilities.

Developing an exit strategy

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A critical requirement of all successful businesses is to have developed an exit strategy. The exit strategy should be a work in progress and part of your business plan. As businesses develop, different management styles are required.

Have You Become a Slave to Your Business?

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Business Coaching Plus delivers over 30 years of hands on business experience and works shoulder to shoulder with you in all aspects of your business using our unique programs. You can be assuring that your investment with Business Coaching Plus will result in increased profits and efficiencies far greater than your initial investment.

Provoking Questions

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How do you discover what the customer's expectations are? Why do customers buy from me? To be a sales person or not, that is the question.

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What business are you really in?

Why every business/organisation exits for exactly the same reason?

What is the real value of your clients?

Why customers should be 4th?

What’s the real reason for going into business?

What is a USP and why is it so important?

Are successful businesses strategic and results driven?

Why your focus determines your direction, efficiency and how you handle opportunities?

Do businesses excel with enthusiasm and purpose? 

Use the mental wealth and experience of others.

Recognise success patterns in others and use them to help effect powerful changes in your.

Be exceptional, do things in a different way than the industry does things.

Why is it important to have lofty goals and to make your own rules instead of following the competitions rules?

Developing an exit strategy PDF Print E-mail

A critical requirement of all successful businesses is to have developed an exit strategy. The exit strategy should be a work in progress and part of your business plan.

As businesses develop, different management styles are required.
For example in challenging periods, an involved focused manager would be the best option, but during good times management can focus on planning and future growth

Business exit planning considerations:

  • When do you want to exit?
  • Do you want some involvement in the business when you exit?
  • Do you want to retain some equity in the business?

Sole Traders – two main challenges

Generally, the owner of the business 'is the business' and has very little to offer potential buyers unless there is some income generated by the business without the involvement of the owner.
Even business owners that have employees with a management structure are reluctant to give too much authority to staff.
Buyers look for businesses that are not reliant on any one person and has its’ own identity. The more systemised and the less reliant a business is on the owner the more its worth.

What Next?

Your business plan should have a method of creating equity that potential buyers see as being of genuine value and are therefore willing to pay a premium.
No one is indispensable and businesses need to have systems and procedures in place that allow efficient operation for the satisfactory service of clients needs even when the owner is not at the coal face.

Business Coaching Plus will prepare your business for sale to achieve the very best possible price. We will systemise your business, create equity and extract you as an integral part of the business.

 

Testimonial

"Tom has a way of turning every business opportunity into gold. From the
moment I tapped into his wealth of knowledge, my business really started to
take off".

(Geoff Zenner - Skyworks Planetarium)